10-24-2021, 07:11 AM
Wearing crypto "merch" or "swag" can make you a target for robbery or worse.
<!-- SC_OFF --><div class="md"><p>As crypto is gaining popularity and people are realizing the potential for monetary value, I'm seeing more and more news articles about people that are getting robbed and/or murdered for their holdings. </p> <p><a href="https://www.reddit.com/r/CryptoCurrency/comments/qe81mg/19_year_old_french_man_killed_for_owning_200k_in/">Link to relevant Reddit post/comments: Man Killed for $200k in ETH</a></p> <p>You wouldn't tell others how much you have in the bank, would you? You wouldn't tell people the size of your IRA either. <strong>So why would you tell anyone how much crypto you have?</strong> It is literally an asset that can be sent instantly and irreversibly to a criminal... with a knife to your throat.</p> <p>Crypto "merch" advertises to the world that you have some of the asset and almost certainly <strong><em>more of other crypto assets.</em></strong> </p> <hr/> <p>There are two reasons that I hear from people for why they have crypto swag.</p> <p><strong>"I want to spread awareness"</strong></p> <p>The people who would buy a crypto after seeing it on a t-shirt are the wrong <del>idiots</del> people to get into crypto. They're going to call it a scam every time the price goes below their purchase price. Generally, if you do anything because a t-shirt says to... you're an idiot.</p> <p> </p> <p><strong>"I'm proud of it and involved in the community and I want people to see that."</strong></p> <p>People will either think you're a nerd.</p> <p>Or people will think you're rich.</p> <p>Do you really want the people who see you to think any combination of those things about you? Robbers see someone with a crypto t-shirt and probably think to themselves, "This guy is a rich nerd; a perfect target for me." </p> <p> </p> <p>TL;DR - Your crypto "merch" makes you a target to all of the wrong people. Wear with caution if you do wear crypto merch at all. Don't advertise to the public that you hold <del>crypto</del> anything of value, whether by speech or "logo."</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/velocipedic"> /u/velocipedic </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qeaqgc/wearing_crypto_merch_or_swag_can_make_you_a/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qeaqgc/wearing_crypto_merch_or_swag_can_make_you_a/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>As crypto is gaining popularity and people are realizing the potential for monetary value, I'm seeing more and more news articles about people that are getting robbed and/or murdered for their holdings. </p> <p><a href="https://www.reddit.com/r/CryptoCurrency/comments/qe81mg/19_year_old_french_man_killed_for_owning_200k_in/">Link to relevant Reddit post/comments: Man Killed for $200k in ETH</a></p> <p>You wouldn't tell others how much you have in the bank, would you? You wouldn't tell people the size of your IRA either. <strong>So why would you tell anyone how much crypto you have?</strong> It is literally an asset that can be sent instantly and irreversibly to a criminal... with a knife to your throat.</p> <p>Crypto "merch" advertises to the world that you have some of the asset and almost certainly <strong><em>more of other crypto assets.</em></strong> </p> <hr/> <p>There are two reasons that I hear from people for why they have crypto swag.</p> <p><strong>"I want to spread awareness"</strong></p> <p>The people who would buy a crypto after seeing it on a t-shirt are the wrong <del>idiots</del> people to get into crypto. They're going to call it a scam every time the price goes below their purchase price. Generally, if you do anything because a t-shirt says to... you're an idiot.</p> <p> </p> <p><strong>"I'm proud of it and involved in the community and I want people to see that."</strong></p> <p>People will either think you're a nerd.</p> <p>Or people will think you're rich.</p> <p>Do you really want the people who see you to think any combination of those things about you? Robbers see someone with a crypto t-shirt and probably think to themselves, "This guy is a rich nerd; a perfect target for me." </p> <p> </p> <p>TL;DR - Your crypto "merch" makes you a target to all of the wrong people. Wear with caution if you do wear crypto merch at all. Don't advertise to the public that you hold <del>crypto</del> anything of value, whether by speech or "logo."</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/velocipedic"> /u/velocipedic </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qeaqgc/wearing_crypto_merch_or_swag_can_make_you_a/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/qeaqgc/wearing_crypto_merch_or_swag_can_make_you_a/">[comments]</a></span>Kind Regards R