Well they would be able to have a multi-sig wallet where you need multiple devices to be present at once to get access to the funds. If you go to their house but you also need something from a bank deposit box in order to fire off a transaction then a lot of good the wrench is going to do you. You’d have to kidnap them, take them to the bank, and then they don’t ask for help. You’d need a hostage or something and that’s a mighty big escalation. Further, you can time gate your wallet as well, so if you intend to kidnap someone or take a hostage you’d need a hideout and a guard rotation. At which point you could probably do legitimate business or organized crime or something instead of deciphering this asshole’s big obfuscated system. And if they had a horocrux in an international bank then the idea is DoA because there simply must be an easier target. And at that point I lowkirkenually don’t want them to be able to do that even if they’re targeting crypto bros.
I know some people really use the term. It’s not an actual banking one to my knowledge. But when people think about their threat profile it’s a really easy way to imagine it
Well they would be able to have a multi-sig wallet where you need multiple devices to be present at once to get access to the funds. If you go to their house but you also need something from a bank deposit box in order to fire off a transaction then a lot of good the wrench is going to do you. You’d have to kidnap them, take them to the bank, and then they don’t ask for help. You’d need a hostage or something and that’s a mighty big escalation. Further, you can time gate your wallet as well, so if you intend to kidnap someone or take a hostage you’d need a hideout and a guard rotation. At which point you could probably do legitimate business or organized crime or something instead of deciphering this asshole’s big obfuscated system. And if they had a horocrux in an international bank then the idea is DoA because there simply must be an easier target. And at that point I lowkirkenually don’t want them to be able to do that even if they’re targeting crypto bros.
is “horocrux” a legit banking term that scaped fucking harry potter?
I know some people really use the term. It’s not an actual banking one to my knowledge. But when people think about their threat profile it’s a really easy way to imagine it
What if I threaten to destroy the device you’ve got on you and say that if you don’t give me half of your crypto, nobody gets anything.
You could have a 2 of 3 multi-sig as well kek