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andyp-kw | 1 year ago

It seems that not advertising your wealth is good financial literacy.

Similar to not having valuables on show in a parked car.

discuss

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A4ET8a8uTh0|1 year ago

I dislike this sentiment and what it represents for/in US society now.

In the old country, we were constantly on guard, because when that guard was let down, you were taken advantage of. Case in point, my dad left his radio ( removable precisely, because of what happened next ) in the car once, when he came home for 15 minutes, within that 15 minutes the windows was broken and radio stolen. The parking lot was scoured regularly. You were being watched. Another time, my mom picked a bigger sum from a bank ( not her money, it was client's money for case ). She put it in a bag. She left the bag in her office for mere minutes to go to the bathroom and left her bag in her office as she normally does. The bag was gone when she came back.

By comparison, when I first came to US, I could not believe people kept cars and windows open. It felt like a very different world, which made me want to be a part of it. I absolutely hate that this old world mentality has been transferred here and was normalized.

edit: I will add one more thing. It used to be having money was not a bad thing ( it was the opposite; it was aspirational ), because it was not that hard to get money if you had some sense. It is harder now and it also appears to be at least related to vilification of anyone with money ( not even rich or wealthy ).

edit2: added for/in in first line

thelastparadise|1 year ago

Lools like the victims in the article were discovered via email hacks. So an exchange like Coinbase or Gemini was sending some kind of indication of balance via email.

So it comes down to general OPSEC and weakest-link.