Has already been a topic of discussion before here https://bt.irlbtc.com/view/5498380.0.

Please do your own research if a topic you want to talk about has already been discussed or not so redundancy and overcrowding of posts are not observed here. Especially if there aren't any new you can add anyway. You can just reply to the post if there is anything you want to say.

For holding you should have a dedicated air-gapped machine that's fully encrypted and using only official wallet software for accessing it - in terms of BTC - Bitcoin Core wallet.

If you use different software or hold in a hot wallet then sooner or later you'll get hacked.
Even developers get hacked from time to time... your main wallet (and seed phrases) should never touch the Internet - consider it compromised if it did.

It should be generated on air-gapped machine and kept there, make backups on encrypted drives with good enough password that you can remember (you should never write it down) and that will be hard to brute-force.
Never store your seed-phrase in plain-text, encrypt it and then print it.

The more you know about computers, the more you realize it's impossible to protect your Internet connected machine from threats.

There is no need to follow the law as long as what we do is in accordance with applicable norms, her case cannot be compared to those of us who should be free with bitcoin, she is a criminal and it is not actually his money so she deserves that punishment.

In our country, some big exchanges are not registered like Binance, but many of the bitcoin adopters in Indonesia use Binance as their CEX, is that wrong according to the law? Of course. But is it wrong according to the norm? No.

Bitcoin makes use of a decentralized network, infact it is currently one of the best to be used in describing a decentralized network. However let's not forget that although decentralization is beneficial, it comes with some level of transparency and exposure which can pose negative effects. Take for example, a person's wallet can be monitored via any block chain explorer from transaction to transaction making it possible for some hackers to even pose common threats like dust attacks.

Personally I think a Bitcoin holder should keep not only his wallet keys and seed private, be he should also make sure his address isn't too exposed. Most of the time some person's link their holding wallet to an exchange and personally I think it isn't very safe. One of the reasons why Satoshi remains anonymous is because all the wallets he saved his mined Bitcoins in are anonymous and not linked to any exchange.

If bitcoin is from criminal acts or money laundering then it will be worried that this will trigger a lot of problems with local authorities, in my country several times citizens have been caught by the police because of cases of bitcoin theft or accounts that were broken into which were eventually caught.

So we buy bitcoin legally then it's nothing to worry about we can provide the source of funds from because it's to prove it, but with criminal acts then it will continue to be suspected usually they will not use CEX but a mixer to obscure the transaction.

Currently, Bitcoin can be used legitimately without any problems. The number of Bitcoin transactions is increasing daily, and various activities are happening. Now everything is fine if bought correctly. Bitcoin transactions used to be a lot of trouble in our country. At one time in our country, the police seized illegal transactions, and a large amount of money was confiscated. But there is no such problem now.

However, for those who trade bitcoins and hold all these things, the holder must be very careful to store and keep their wallet keys secret. Otherwise, there may be problems if someone else knows or if it is linked to the holding.

May 29, 2024 This news was published as stated in the article with brief content, although in the article there is another link to explain the news about it, but the link that directs to another article states the date March 21, 2024.

It is quite easy to corner Bitcoin with news like this in the midst of market movements experiencing difficulties.
Bitcoin is not a crime, but a currency. If the direction is towards unlawful actions, then the person is not Bitcoin.

If there is one brokerage company that is clearly a scam it is LASBERT.
Don't do business with them, unless you want to see your money gone.

I am not sure how they got to know she had such amount of coins in her possession , infact I really am not sure how authentic the news is. Anyways I just see this post as a reminder for Bitcoin hodlers to maintain maximum security of their holding wallets in any way possible. One of the easiest ways people can be traced via their wallet, is through a connection with their wallet to an exchange where they have previously done a KYC registration.
Things like this are the reason why people are adviced to understand certain important things , especially security before venturing the crypto space.
It's so sad that people in countries where crypto is viewed as illegal have to carry out crypto transactions hidden.