When the mafia kidnapped me, I had the choice to pay the ransom in either fiat money or Bitcoin. I did not hesitate before choosing the latter. Had I picked the first option, the criminals would have held me in a dark, damp cell for days in the Pacific Islands until the funds went through KYC, identity check, or, God forbid, the bank placed a hold on the funds. But after I paid, I was let go instantly. Who knew the network’s 10-minute transaction time and cross-border anonymity could be such a lifesaver?
Dr. Anon
Dont post online about your success in crypto
How to protect yourself from a $5 wrench attack
Pulling the rug from under you
How to spot a potential DeFi rug pull
Common traits of exchange hacks and protocol security breaches
The No. 1 thing to keep your crypto safe
Keep your funds in cold storage but even that is not completely secure
Social engineering and time pressures are ways to exploit the desire to get rich
A word on tax
Is there any way to legally avoid the tax bill?
Affluent investors can move to low-tax countries. Is there a trade-off?
The consequences of evading crypto taxes
To sum up: Small tricks can have a big payoff
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