Ov1, a Taoist Bitcoiner on Nostr: I have one, based on a true story. My former handyman, turned software developer, ...
I have one, based on a true story.
My former handyman, turned software developer, friend from Austin, had left TX to live out of his dune buggy in MX. (he actually did this, not making this part up). While living/working/traveling out of his vehicle he got stopped by some "narco" cops.
When searching his vehicle, they knew to look for, recognized, and seized his Trezor hardware wallet. They also knew to look for his notebook with the recovery phrase and password in it. Finding both, they seized both, and sent him on his way.
Problem was, my friend hadn't consulted me, didn't know about Border Wallet, and had left the satoshis tagged with his identity after making KYC'd purchases. He had decided on his own to write down only 23 of the 24 word recovery passphrase, so the uniformed thugs didn't get his bitcoin, but he'd not written them down anywhere else either. So his satoshi stacked for retirement got burned and now he has to explain to the IRS how he no longer has those private keys because they "were stolen in MX", where he couldn't file a police report on the theft because it was the cops who stole it!
This could become a funny, entertaining, educational cautionary teaching tale if handled properly. Seems like only a few scenes would be necessary, could be set in PR just as easily as MX too.
I get a laugh thinking of the bald, bearded, Austin hippie in the dune buggy getting pulled over and instead of weed, its his bitcoin that gets confiscated...
Published at
2023-02-25 20:32:49Event JSON
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"content": "I have one, based on a true story. \n\nMy former handyman, turned software developer, friend from Austin, had left TX to live out of his dune buggy in MX. (he actually did this, not making this part up). While living/working/traveling out of his vehicle he got stopped by some \"narco\" cops. \n\nWhen searching his vehicle, they knew to look for, recognized, and seized his Trezor hardware wallet. They also knew to look for his notebook with the recovery phrase and password in it. Finding both, they seized both, and sent him on his way.\n\nProblem was, my friend hadn't consulted me, didn't know about Border Wallet, and had left the satoshis tagged with his identity after making KYC'd purchases. He had decided on his own to write down only 23 of the 24 word recovery passphrase, so the uniformed thugs didn't get his bitcoin, but he'd not written them down anywhere else either. So his satoshi stacked for retirement got burned and now he has to explain to the IRS how he no longer has those private keys because they \"were stolen in MX\", where he couldn't file a police report on the theft because it was the cops who stole it!\n\nThis could become a funny, entertaining, educational cautionary teaching tale if handled properly. Seems like only a few scenes would be necessary, could be set in PR just as easily as MX too. \n\nI get a laugh thinking of the bald, bearded, Austin hippie in the dune buggy getting pulled over and instead of weed, its his bitcoin that gets confiscated...",
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