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Captain Zero

(8,900 posts)
18. Here is what I think they're up to !!
Sat Mar 15, 2025, 08:51 PM
Mar 2025

People who hold Bitcoin DIE Don't they?
My understanding is that Bitcoin is held Almost totally anonymously.

What if these Bitcoin geeks have identified huge Bitcoin accounts that are INACTIVE for a long time? AT SOME point they would assume the person is dead. But they can only see the balances and they can see the transactions, as I understand it, but they can't see the NAMES. Right?

Bitcoin data is encoded in block chains and only keys from within those turn the lock in the account. (Again, as I understand it) Maybe they don't have a birthdate or a death date, which Social Security HAS THOSE. Maybe those are keys. Maybe there are other informational keys in Social Security or other government data that are also keys in the blockchain lock on a dead account(s)with billions/trillions,thus, locked in them.

So this would be a reason to rifle through so much government data. To collect those data points. Maybe it's off base? Honestly I am not a crypto/blockchain/Bitcoin king, I just play one on DU.

BUT ALL THESE GUYS, EVERYONE, is about any cash they can lay their hands on. And if Bitcoin can lock up money real good, and if there is unclaimed money to unlock, wouldn't these assholes do everything to open the lock(s)? IMHO.

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0 members have recommended this reply (displayed in chronological order):

I concur. Raven123 Mar 2025 #1
Make money for sure KT2000 Mar 2025 #2
No doubt about it. 2naSalit Mar 2025 #3
Of course! Those who have personal information control everyone Bread and Circuses Mar 2025 #4
Just think what the first round of Nazis could have done if they'd had computers, Bayard Mar 2025 #5
If they had,would any of us even exist? BattleRow Mar 2025 #15
Wait, didn't DENVERPOPS Mar 2025 #16
Never heard that story Bayard Mar 2025 #20
Yup DENVERPOPS Mar 2025 #21
And many more. Marcuse Mar 2025 #22
So they are going to find out that I am a Democrat who reads history. milestogo Mar 2025 #6
I suspect there's a lot more they will know about you from digital content than just that. Think. Again. Mar 2025 #7
Here is what I think they're up to !! Captain Zero Mar 2025 #18
Excellent point. Think. Again. Mar 2025 #19
You aren't the only person that you care about, are you? lostnfound Mar 2025 #12
I agree. Think. Again. Mar 2025 #8
Assuming there is any valuable information that is not already available elsewhere. Silent Type Mar 2025 #9
They now have the ability to place false information/accusations in your moniss Mar 2025 #10
I agree Meowmee Mar 2025 #11
They're making one gigantic searchable database. Ellipsis Mar 2025 #13
Since I am retired, a former soldier, a former Techie...this is what I say Dan Mar 2025 #14
This is a multi-faceted attack. yellow dahlia Mar 2025 #17
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