āThe only true solutionāTRUE solutionāto a wrench attack is insurance."
BITCOIN INSURANCE, WRENCH ATTACKS, KIDNAPPING & RANSOM, & INHERITANCE SECURITY
nostr:nprofile1qqs22dz5t7glgxw879r6xklq5k8dta9jn2ndkkjwrcafpqkgp45tmjgpvemhxue69uhkv6tvw3jhytnwdaehgu3wwa5kuef0dec82c330g6x6dm8ddmxzdne0pnhverevdkxxdm6wqc8v735w3snquejvsuk56pcvuurxaesxd68qdtkv3nrx6m6v3ehsctwvym8q0mzwfhkzerrv9ehg0t5wf6k2qgkwaehxw309aex2mrp0yhx6mmnw3ezuur4vghsgvcsw9 w/ nostr:npub1cj8znuztfqkvq89pl8hceph0svvvqk0qay6nydgk9uyq7fhpfsgsqwrz4u
Fountain: https://www.fountain.fm/episode/5i1YNSvubLS6SML8MXp9
YouTube: https://youtu.be/d4C8yk101OE
Spotify: https://open.spotify.com/episode/3PG91B07io4dhDgLQHufqh
SUBSTACK: https://open.substack.com/pub/walkeramerica/p/becca-rubenfeld
Everywhere else: https://bitcoinpodcast.net/podcast
Discussion
Yes great idea tell all kidnappers that bitcoiners will willingly comply because they have insurance.
There are no solutions only tradeoffs
insurance = scam
Wow thatās dumb
I really donāt think this will work at all.
In cybersecurity, when youāre designing controls to prevent a bad actor from doing something you donāt want, your absolute last resort is something like insurance, which is actually just risk transfer (aka buying down risk).
What you want are technical controls that physically or logically prevent $badThing from even being possible.
With insurance, you get none of that. What nostr:nprofile1qqstm84k2lp9knmvmf5gw88zvfvar7duvfpqfplryfystdn55ug2gksprpmhxue69uhhyetvv9ujumn0wd68yct5dyhxxmmdqy2hwumn8ghj76rfwd6zumn0wd68ytnvv9hxgawy2a6 is building at Vora is far more likely to be effective, because there are actual controls being implemented, not just risk being bought down.
insurance is so fiat
fiat is so middleman
middleman is so loser
loser is so proof of stake
So you have to doxx your stack to get insurance on it?
Yes, but that's good if you want a mortgage. Ideally, 6102 would be a covered loss, but I haven't read the declaration pages or anything. I doubt that's an insurable event, but I don't know for sure.
Oh...and by the way, you don't need to dox your whole stack because they allow you to be underinsured. So maybe you only Dox a small percentage of your stack instead of selling sats or putting them on the coinbase casino to buy a roof to sleep beneath.
āThe only way to guarantee you will never get my beetcoin, is to shoot me.ā - some maxi anon
This makes me want to sell insurance again!