Oh Sure - Blockchain/Crypto Is SECURE ... 2 Brothers Arrested For Scamming System

[68hx.1808]

https://www.dailymail.co.uk/news/article-13423629/MIT-brothers-James-Anton-Peraire-Bueno-arrest-cryptocurrency.html

MIT-educated brothers are arrested for 'stealing $25
million in cryptocurrency in 12 seconds' in cutting-edge
scheme targeting Ethereum blockchain

Two MIT-educated brothers arrested for allegedly stealing
$25 million in crypto

The fraud involved manipulating pending transactions in
just 12 seconds

Pair studied computer science & maths at MIT, rejected pleas
to return the funds

. . .

Oh it's PERFECTLY SECURE ...........

NOT !

ANY "system" that exists can be SCAMMED. The more
complex the system, the more vulnerable points.
Vast fortunes can be disappeared in an instant.
If it's not "criminals" it'll be Xi, Kim and Putin.

Hmm ... maybe it's just better to rent a warehouse
and fill it with toilet paper and tampons for the
next pandemic ...

And no, I'm not trying to be funny. The "tangible"
is a hell of a lot harder to disappear and tends
to have a steady-ish value.

Forget real-estate ... that's about to crash again.
Gold and such is also over-valued now too.

What will people WANT/NEED (or imagine they will)
five or so years from now ? Shit, the way things
are going it might be FOOD .....

Hey, a warehouse full of crappy protein bars might
make you the master of the world :-)

[pyotr filipivich]

Post by 68hx.1808
https://www.dailymail.co.uk/news/article-13423629/MIT-brothers-James-Anton-Peraire-Bueno-arrest-cryptocurrency.html
MIT-educated brothers are arrested for 'stealing $25
million in cryptocurrency in 12 seconds' in cutting-edge
scheme targeting Ethereum blockchain
Two MIT-educated brothers arrested for allegedly stealing
$25 million in crypto
The fraud involved manipulating pending transactions in
just 12 seconds
Pair studied computer science & maths at MIT, rejected pleas
to return the funds
. . .
Oh it's PERFECTLY SECURE ...........
NOT !

Nor is it as anonymous as people would have you believe. If it is
on a computer, it can be tracked. It may be difficult, but hey,
that's what "we" have computers for.

Post by 68hx.1808
ANY "system" that exists can be SCAMMED. The more
complex the system, the more vulnerable points.
Vast fortunes can be disappeared in an instant.
If it's not "criminals" it'll be Xi, Kim and Putin.
Hmm ... maybe it's just better to rent a warehouse
and fill it with toilet paper and tampons for the
next pandemic ...
And no, I'm not trying to be funny. The "tangible"
is a hell of a lot harder to disappear and tends
to have a steady-ish value.
Forget real-estate ... that's about to crash again.

OTOH, _having_ real estate is not a bad thing. But as an
"investment" - no. Flipping houses is a way to make money, until you
get stuck with a building you can't afford to sell at these prices.

Post by 68hx.1808
Gold and such is also over-valued now too.
What will people WANT/NEED (or imagine they will)
five or so years from now ? Shit, the way things
are going it might be FOOD .....
Hey, a warehouse full of crappy protein bars might
make you the master of the world :-)

Bingo.

If it is "the cloud" you do not own it.