130,000 Bitcoins! Casually thrown in an old Mining Pool server! This operation makes my scalp tingle!

We small retail investors, storing just a few tenths of a BTC, have to copy the mnemonic phrase three times—one locked in a safe, one buried in the wall, and we also have to occasionally take it out and rewrite it to avoid forgetting it. Meanwhile, that person in Cambodia holds 130,000 coins—equivalent to 15 billion USD in astronomical assets! What’s the key management method? Just piled up in some old computer hard drive in the Mining Pool!

Cold wallet? Multi-signature? These basic security measures simply do not exist in his case. As a result, when law enforcement came to investigate, they easily took the private key away, simpler than opening one's own door.

Can this be blamed on Bitcoin's insecurity? Absolutely not! It's a typical case of having zero personal security awareness. However, some people have mentioned another perspective: it's not that he doesn't want to transfer, it's that he simply doesn't dare to move! Just think about it, transferring 130,000 BTC on-chain all at once would cause the risk control systems of major exchanges around the world to go haywire, and he would instantly be in the spotlight.

But for us ordinary players, these concerns are completely unnecessary. Our assets are simply not worthy of "national-level" hacking treatment. The one thing to truly remember is this: once your assets reach a certain scale, honestly use a hardware wallet! Regularly replace hot wallets, and clear any DApp authorizations that need to be cleared, leaving no security risks.

As for the online claim that "quantum computers can break private keys in seconds"? When that day comes, the first to suffer will be the global banking system and traditional financial institutions. The crypto industry has long been preparing for quantum-resistant algorithms, and technological iteration has been continuously advancing.

Don't stress every day about things that haven't even shown up yet! In this market full of surprises, if you keep your mnemonic phrases safe, you're already ahead of most people.

Speaking of the market, recently the privacy coin ZEC has taken off, even projects like ICP and FIL, which were once criticized, can be pulled up. This round of market conditions really has the potential for anything to happen.