No one is paying attention. #bitcoin

Finally lost some Bitcoin due to a hack 😞

Takeaway: Remove your Bitcoin from exchanges as soon as possible and monitor your bank accounts.

Story: I’ll try to keep this short. I've been working toward orange-pilling my dad for a few years. I bought him a hardware wallet and some bitcoin about 4 years ago. The only way he was going to understand this was if he had some skin in the game and I took him through a cycle on his own. He was interested from the beginning but did not understand much. He eventually wanted to learn how to buy his own Bitcoin. I suggested Coinbase (my first mistake), and he was able to get set up and purchase his own Bitcoin. It was only a minimal amount, and when I would visit, I helped him move it to his wallet.

Since then, he has bought a little bit more (about $200), and by the time of the hack, it was worth a little over $300.

The hack: On October 31st, he noticed his bank had a charge for $1000 from Coinbase. He had to pay $35 to cancel this charge. Then he called me, and we looked at his Coinbase. Someone got in and sent all his Bitcoin away (~$300), and they tried to buy $1000 more. Luckily, we stopped the $1000, but he lost the $300. Coinbass told him to call local law enforcement, but I told him that was hopeless.

Anyway, he now says, “I’m out.” :( He was just starting to come around to Bitcoin, see real returns, and ask better questions about energy and liberty. But now I fear he is back to square one.

Supper shitty. Even with 2-factor, he was vulnerable. This was my first brush with a hack, and now I will be more cautious about the exchanges I reccomend. And will now lower my threshold for sending funds to cold storage.

Hopefully someone finds this story useful. I am still really bumped for my dad. I just hope he can see this as a learning experience and not let it turn him away from Bitcoin for good.

#bitcoin

I hate when people say we are earlier only 1% of the world hold #Bitcoin 😂😂 dummies i get that

But you got 1% of the elites buying a shit ton of it

Which mean when the rest of the world gets the crumbs

I thought we was going to change the world !

7% of the world actually acknowledge #Bitcoin 😂😂😂

What is enough #Bitcoin?

Asking for a friend..

get yourself a dog guys, you can leave the door unlocked

live by the zap, die by the zap

which is why I'm dead because zaps are dead

Do we have stats on which day of the week does Btc price gets lowest? #Bitcoin

well it's mostly a PR job

he's not that good at PR

Ronald Reagan was an Obama was

if a cowtows to his Russian buttboy that's going to be a problem

it's 50/50 who wins this thing

I think a truth that we can both take from this election is that intelligent people can see the world differently and that intellect is not correlated with the ZIP code but voting behavior is

pick 2: security, performance, affordability

I have 3 favorite colors now. Orange, Purple, and Red. Can you guess why? 😉

#BTC #NOSTR #MSTR #Bitcoin #Microstrategy #Crypto

Showing someone "The Big Short" might be a good first step into orange pill-ing a friend.

#BTC #Bitcoin #soundmoney