Shakedown Social

Kevin Karhan :verified:<a href="https://toot.community/@heartshadows" class="u-url mention" rel="nofollow noopener" target="_blank">@heartshadows</a> <a href="https://social.openrightsgroup.org/@JamesBaker" class="u-url mention" rel="nofollow noopener" target="_blank">@JamesBaker</a> you have that with cash too, abeit you can't steal the cash bills from the robbers back.<ul><li>Not that there ain't custodial options as well, but if I were to wire-transfer money to a scammer, I'd also have no option to recoup that money either.</li></ul>Not to mention there are solutions like <a href="https://infosec.space/tags/PaperWallets" class="mention hashtag" rel="nofollow noopener" target="_blank">#PaperWallets</a> that can act as <a href="https://infosec.space/tags/ColdWallets" class="mention hashtag" rel="nofollow noopener" target="_blank">#ColdWallets</a> and allow securing funds through traditional means (i.e. [metal]card in a [bank]vault), so it's neither an unsolved nor unsolveable problem: My suggested options (<a href="https://infosec.space/tags/NowPayments" class="mention hashtag" rel="nofollow noopener" target="_blank">#NowPayments</a> & <a href="https://infosec.space/tags/ChangeNow" class="mention hashtag" rel="nofollow noopener" target="_blank">#ChangeNow</a>) do offer a <a href="https://infosec.space/tags/fiat" class="mention hashtag" rel="nofollow noopener" target="_blank">#fiat</a> payout onto a bank account at a low fee.<ul><li>And with <a href="https://infosec.space/tags/Monero" class="mention hashtag" rel="nofollow noopener" target="_blank">#Monero</a> and it's <a href="https://infosec.space/tags/privacy" class="mention hashtag" rel="nofollow noopener" target="_blank">#privacy</a>, there isn't the risk of <a href="https://infosec.space/tags/kidnappings" class="mention hashtag" rel="nofollow noopener" target="_blank">#kidnappings</a> driven by <a href="https://infosec.space/tags/BlockchainAnalysis" class="mention hashtag" rel="nofollow noopener" target="_blank">#BlockchainAnalysis</a> as unlike with <a href="https://infosec.space/tags/Bitcoin" class="mention hashtag" rel="nofollow noopener" target="_blank">#Bitcoin</a> one cannot see the balance, thus not open up a <a href="https://infosec.space/tags/BlockchainExplorer" class="mention hashtag" rel="nofollow noopener" target="_blank">#BlockchainExplorer</a> and list wallets from biggest to lowest balance...</li></ul>And yes, espechally Bitcoin holders of significant amounts face kidnappings at an elevated rate.

Kevin Karhan :verified:<a href="https://infosec.exchange/@katrinakatrinka" class="u-url mention" rel="nofollow noopener" target="_blank">@katrinakatrinka</a> <a href="https://universeodon.com/@digyoursoul" class="u-url mention" rel="nofollow noopener" target="_blank">@digyoursoul</a> <a href="https://hachyderm.io/@molly0xfff" class="u-url mention" rel="nofollow noopener" target="_blank">@molly0xfff</a> OFC, it has all the drawbacks of "self-custody cash, but digital"...<ul><li>But there are also "<a href="https://infosec.space/tags/ColdWallets" class="mention hashtag" rel="nofollow noopener" target="_blank">#ColdWallets</a>" aka. "<a href="https://infosec.space/tags/PaperWallets" class="mention hashtag" rel="nofollow noopener" target="_blank">#PaperWallets</a>" to mitigate some risks.</li></ul>I just see <a href="https://infosec.space/tags/Monero" class="mention hashtag" rel="nofollow noopener" target="_blank">#Monero</a> as a better alternstive to an <a href="https://infosec.space/tags/AMEX" class="mention hashtag" rel="nofollow noopener" target="_blank">#AMEX</a>, <a href="https://infosec.space/tags/VISA" class="mention hashtag" rel="nofollow noopener" target="_blank">#VISA</a>, <a href="https://infosec.space/tags/MasterCard" class="mention hashtag" rel="nofollow noopener" target="_blank">#MasterCard</a> or <a href="https://infosec.space/tags/PayPal" class="mention hashtag" rel="nofollow noopener" target="_blank">#PayPal</a>!And unlike Other <a href="https://infosec.space/tags/Cryptocurrencies" class="mention hashtag" rel="nofollow noopener" target="_blank">#Cryptocurrencies</a> it's free of <a href="https://infosec.space/tags/SmartContracts" class="mention hashtag" rel="nofollow noopener" target="_blank">#SmartContracts</a> and <a href="https://infosec.space/tags/NFTs" class="mention hashtag" rel="nofollow noopener" target="_blank">#NFTs</a> so not on the perpetual tire fire that is <a href="https://indieweb.social/@web3isgreat" class="u-url mention" rel="nofollow noopener" target="_blank">@web3isgreat</a> ...<ul><li>Not gonna claim it's better than <a href="https://infosec.space/tags/Euro" class="mention hashtag" rel="nofollow noopener" target="_blank">#Euro</a> banknotes, but unless you have a bank account in <a href="https://infosec.space/tags/SEPA" class="mention hashtag" rel="nofollow noopener" target="_blank">#SEPA</a> where you can use <a href="https://infosec.space/tags/wero" class="mention hashtag" rel="nofollow noopener" target="_blank">#wero</a>, it's the fastest way to do <a href="https://infosec.space/tags/CashlessPayments" class="mention hashtag" rel="nofollow noopener" target="_blank">#CashlessPayments</a> remotely/online...</li></ul>

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