> A person's Bitcoin holdings can be distributed across any number of wallets. How does the thief know (1) their mark owns Bitcoin, (2) how much Bitcoin they are stealing, and (3) whether they have coerced the owner to hand over the keys to all of their wallets?
Are the unbanked really going to operate a number of different wallets, including decoy wallets, to prepare for this scenario?
> Bitcoin has all of the properties we need in a store of value for the base layer of a digital monetary system of the future.
Its parameters were picked on a whim by somebody nobody can ever find. "Completely unchangeable parameters handed down from the equivalent of God" is not a property that I look for in a monetary system.
Are the unbanked really going to operate a number of different wallets, including decoy wallets, to prepare for this scenario?
> Bitcoin has all of the properties we need in a store of value for the base layer of a digital monetary system of the future.
Its parameters were picked on a whim by somebody nobody can ever find. "Completely unchangeable parameters handed down from the equivalent of God" is not a property that I look for in a monetary system.