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7
But crypto wallets (owned by investors and operated by banks* and corporations) are independent and anonymous and secure from the government and bankers who operate them ..or so we are constantly told since crypto wallets started by governments and bankers and corporations subsidized by gov..... (media.scored.co)
posted 98 days ago by pkvi_stannum 98 days ago by pkvi_stannum +8 / -1
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– CrazyRussian 1 point 94 days ago +1 / -0

There are numerous companies that store your wallets

Again - if somebody else except you "store" your wallet - it is not your wallet. It is very simple idea, but somehow you assume that idiots who "have a crypto wallet at company_name site" instead of running their own on their own computer are the example of how things designed in crypto.

hell one cunt mining company that stole my Doge ayh mined as an experiment bcz ayh did not collect it in time

Why did you mined Doge using address that belong to some company, not you? There is no any need to "collect" mined sum, because you insert your address as first transaction (coinbase transaction) in the block you mined before it could be mined. As block you mined accepted by network, money is already yours. Only those who have a private key for that address could spend it. If you generated that address anywhere except your own computer, say on some site or whatever software that is not official crypto network utility (usually used for mining, but you don't have to mine anything to generate address, i.e. pair of keys - public and private), then it is not your address. If you put an address of mining company in the block you mined - then you just gifted your mining reward to that company, that's all.

Interesting how ignorance of people opens the doors for milking them. But still people don't want to know how things they use really work.

so how could they do this if the address was strictly mine?

Easily - it was not your address. Look at the block "you" mined. It have a miner address in first transaction. If it is not an address you generated on your own computer with official utility and never ever shared private key with anybody, then you was tricked.

How do intelligence agencies recover crypto?

Well... What do you know about thermorectal cryptoanalysis f..e. ? That type of cryptoanalysis that involve using soldering iron to uncover private key from person of interest. There are tons of dirty tricks used by agencies to force people give up anything, including private key for crypto address. From torture and threatening family to using corporations bloatware most like to install on their computers "because everybody use it" to steal private key.

Theoretically, it could be possible to brute froce such private key that will match desired address if you have enormous computer power, but it is highly ineffective, because it is faster and easier to just mine same sum.

Data passes thru agencies you don't see

So just do not pass your private key anywhere from your computer. If you don't pass something thru agencies, then agencies don't have access to it. Simple as that.

crypto is stored value -- made up value -- the address is a marker on a highway -- not the highway.

You still fall to the same lie that was created around crypto by all that swindlers who create all those cryptoexchanges, "safe and effective" online crypto wallets and other shit you see in internet.

Crypto is not a value, it is a distributed independent system for validated transactions between people. Nothing more, nothing less. It is up to you, what you transact. You can transact text messages, numbers, codes or math formulas through it. It will be stored in publicly accessible blockchain and will be a solid undeniable proof that one (or more) address transacted something to another address (or multiple addresses). You also could transact a symbolic units of symbolic reward miners get for their work of handling your transactions. This symbolic units acquired value because they have some properties similar to precious metals - hard to mine, can't be faked, could be used as universal exchange units. In addition, transfer of that symbolic units can't be stopped or prevented by any authorities. Latter, by itself have a value, that grows with introducing more and more restrictions and limitations in conventional banking.

Until you abandon your false notion of crypto as comething like conventional money, you will not understand what it is and will fall to the same traps many people, who didin't bothered to learn what is crypto, fall into, with different consequences including losing their money.

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