I can’t stress this enough.

Keep your keys offline. Always. 😞

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Omg 😟😳

Yikes.

A story of how they lost it would be helpful to current/future bitcoiners.

I hate sending people to Xitter, but here’s the whole thread.

https://x.com/rmessitt/status/1723141037856596175

They keys were stored on a computer is 99% of these cases

No doubt.

I feel like a large % would also be user error. Lost keys. Complicated process.

update from the guy that got hacked 25 btc

tldr selfhosted keypass got hacked (?)

https://files.catbox.moe/s7du5x.mp4

Yeah audio is lagged

ok i try again

So he stored his keys on a computer.

Honestly I’m paranoid to have my keys near the camera on my phone/desktop

His father is a dev and managed the keys. Used an online password manager that was hacked I guess. Not sure which hot wallet was used.

Very sketchy story.

Many like this would be better off using a service like Swan or even Coinbase to be honest. People blow themselves up overthinking their security designs.

.. didn't luke say he also got hacked w keepass? i remember vaguely 😂

NOT SAYING THIS GUY LYING BUT UM. IN MOST CASES LIKE THIS MY BS METER IS TINGLING

Same here.

I’m giving him the benefit of the doubt and just calling him and his dad extremely careless. Otherwise, why go through the trouble of publicly doxxing himself and opening them up to ridicule? Early bjtcoiners lost a lot of their stacks doing all manner of boneheaded shit. There is no chance they could even get back to close to what they lost. If they bust some ass they might still have a shot at obtaining one whole coin again.

Doxxing themselves without details is just another boating accident.

Story is sketchy. Blames his old man but he’s the one doing the talking.

There’s a lot of reasons people would do this, especially when ridicule becomes the only downside.

I don’t know the details but stay vigilant my good plebs. Don’t let your guards down.

Folks who got into bitcoin in 2012 are absolutely not average users. His father is a dev?! And they don’t have any sense of security of their keys. These to me are signals of BS.

Sorry if it’s true, but really they had all the knowledge required to be safe.

BTW these types of posts are posted on Reddit on a weekly basis. I think they are users from r/Bitcoin to mock the safety and security process of #Bitcoin and spread FUD.

💯💯💯 and take advantage of the wonderful BTC community to help them build their fake stack again.

I meant to write r/buttcoin it was autocorrected.

But yes, they try to take advantage of the community.

Unfortunately for them, we are a “Don’t trust, verify” kinda of people.

I was always a mostly verify, don’t trust person.

BTC just amplified it by 10000x for me.

BTC shows you who you are. And makes you better if you let it.

He is saying bs. A keypass online? Muwhahahah!!

HONESTLY MY READ WAS FROM HIS FACE, AND LIKE I SAID THE HISTORY OF THESE SCAMS - BUT HUER TOTALLY RIGHT LOL

I don’t know how KeePass works. Can it be run on a server?

What I mean is that, saving your pass keys online is maybe not exactly the most secure way. They can for sure put in place all the necessary security, but still it will always have a failure point more that having those keys on you. I personally would not trust putting passwords on a remote server that I don’t control

Yup. Over engineered himself out of millions.

That sucks.

Wow. That’s some crap audio quality. But yeah, I was able to make out what he said. Fuck, man. That’s rough. Trust no one. Not even your dad.

single point of failure

his bank accounts also got compromised

he saved everything on 1 system

If real, 🤮

If boating accident, 🤫

Never keep more than .01 Bitcoin in any one place.

security is ab the keys, not the amount of utxo's or volume, i think

Comment faire si vos bitcoins sont managés par le client?

😭 how though??

Complacency and cloud servers.

Shiii!

What happened? Any learnings?

Don’t keep your shit in the cloud.

😟

You guys still have your keys?

Just not enough context here to make anything of it.

no but seriously

I can't help but wonder if this is the modern equivalent of a boating accident.

Guy seems to be handling it a lot better than I would.