Dao Of Bitcoin 004 The First Rule

The First Rule of Bitcoin is: You Do Not Talk About Bitcoin.

Rephrase please.

Do not reveal you have bitcoin.

  • If you have a jar of GOLD, do you tell anybody, your aunt?
  • No, because there is a chance an intruder can get that info and force into your house to get YOU to GET YOUR jar of GOLD.
  • If you have Tesla shares, it is fine. If you have Tesla car. It is fine.
  • The intruder or robber can’t just get you to sell the stocks and click Withdraw and hand over the amount.
  • The robber can’t – maybe can – the thief can steal your Tesla car. BUT your Tesla car has all the security features to ensure the thief is captured!

So what if you have a hardware security device, a paper wallet, an encrypted file, an air-gapped hard disk? Watched ANY movies recently? How about “Law Abiding Citizen”?

Once a met some traveler who came to Bangkok the first time. They (from 1st world country) proudly proclaim they don’t carry cash just credit card, so if a robber asks them, they will show their empty pockets and said robber will flee with tail between the legs!

Super first world Ivy League intelligence?!

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