nymatix

bitcoin

You wake up and Bitcoin is worth $1M. What do you do?

birdeye21

I would first and foremost review my security model. If Bitcoin shot up like that, you'd know two things:

1) The economy is well and truly fucked
2) Bitcoiners now have a massive target on their backs

You should assume that exchanges will shortly get hacked / compromised, and your purchasing history and KYC info made public.

You should also assume that the homes of Bitcoiners will start getting raided by criminals and governments alike.

Depending on the situation, you might want to upgrade to multisig provided you have enough secure locations and don't anticipate needing to flee the country.