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<blockquote data-quote="redbeard" data-source="post: 1404949" data-attributes="member: 6466">Honestly, in order of possibility:#1 - GovernmentLegislative attacks are riskier than people estimate. Right now BTC is not that much of a threat to government money. Once they realize what's actually going on, they will come after it hard. It doesn't take much for them to ban running a node, or require you to get a state license to sell BTC (check out BitLicense in NY).This is why BTC needs to become more antifragile. More nodes, less custodial services, more FOSS solutions that are censorship resistant.Take a look at what happened with the 6102 order for gold. It's not inconceivable that they would outright ban ownership of BTC. In that case, I hope you didn't buy on Coinbase, because they'll be knocking on your door first.Read this:[URL unfurl=&quot;true&quot;]https://bitcoinqna.github.io/noKYConly/[/URL]#2 - $5 WrenchAs BTC becomes more popular I think petty criminals will start to recognize the tools. Hardware wallets, 2FA, etc. If someone breaks into your house and sees a Ledger, that's easy money if they know what they're doing and can get you to cough up the PIN. It's probably best for us to focus on protecting our homes, especially as civil unrest continues.#3 - Cybercriminals, phishing, etc.It doesn't seem that much of an issue (yet) for the average Bitcoiner. Most attacks are carried against exchanges, and not individuals, but it's important to be defensive online.</blockquote>

[QUOTE="redbeard, post: 1404949, member: 6466"] Honestly, in order of possibility: #1 - Government Legislative attacks are riskier than people estimate. Right now BTC is not that much of a threat to government money. Once they realize what's actually going on, they will come after it hard. It doesn't take much for them to ban running a node, or require you to get a state license to sell BTC (check out BitLicense in NY). This is why BTC needs to become more antifragile. More nodes, less custodial services, more FOSS solutions that are censorship resistant. Take a look at what happened with the 6102 order for gold. It's not inconceivable that they would outright ban ownership of BTC. In that case, I hope you didn't buy on Coinbase, because they'll be knocking on your door first. Read this: [URL unfurl="true"]https://bitcoinqna.github.io/noKYConly/[/URL] #2 - $5 Wrench As BTC becomes more popular I think petty criminals will start to recognize the tools. Hardware wallets, 2FA, etc. If someone breaks into your house and sees a Ledger, that's easy money if they know what they're doing and can get you to cough up the PIN. It's probably best for us to focus on protecting our homes, especially as civil unrest continues. #3 - Cybercriminals, phishing, etc. It doesn't seem that much of an issue (yet) for the average Bitcoiner. Most attacks are carried against exchanges, and not individuals, but it's important to be defensive online. [/QUOTE]

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