Bessent Red pill wallet coms...
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So much for the privacy and security of crypto wallets.
The crypto was on a public exchange which is like having your money in a bank and not your own safe.
Not your keys, not your crypto.
Super simple stuff.
Even in here we have people who have no clue about how crypto works, which is fine. We are here to educate. Research “cold wallets” so you know how safe crypto really can get.
You can tell it isn't simple to most people, because if it were, then there probably wouldn't be so many anons that find it anywhere from challenging to impossible to understand.
Unfortunately the financial whiz-kid set is populated by many who, quite inexplicably, seem to equate low financial or investing acumen in others with overall laughable stupidity—and are delighted to spray that fact like a douche nozzle across online forums. ;)
Which reveals their low social intelligence.
Good distinction. There are "mobile wallets" on phones, "digital wallets" on laptop, "exchange wallets" at brokers/exchanges, but these are all "hot wallets" connected to the the internet and subject to hacking, theft, or regulatory BS.
Also, not all crypto is created equal. Bitcoin in cold wallet cannot be stolen for use without your private keys, even if physical cold wallet is stolen.
Unless your private keys are hacked which may be possible with quantum computers. I wonder if US Government is employing their quantum computers in this way. That would be clever. It's an element of surprise that neither IRG nor city of London were ready for ;)
So they found the private keys?
Isn't that like pointing to the vault door at Fort Knox and asserting that banks could never be robbed because no-one could never get through a door like that?