Steemit, The Needs to Hide People Wallet - Crypto Thieve on the Rise

If you had thought the only you can loss your crypto is when your wallet get comprise or someone hack your wallet or into an exchange - you are wrong? The world is withnessing a new wave of crime where crypto is been stolen with real violent and threat. It become worrisome if your wallet is in the open like we have with steemit.

We all love steemit, however, for security and safety of the community members, there is VERY STRONG need for the development team to make Steemit Wallet Private (or at least give users the option to hide it) - if you read the news on msn , link below, you would not agree less.

read full story here

Thieves threaten real violence for virtual currencies,

This is because crypto currencies can be easily transferred to an anonymous address set up by a criminal. While banks can stop or reverse large electronic transactions made under duress, there is no crypto bank to halt or take back a transfer, making the chances of a successful armed holdup frighteningly enticing .

In the beach resort of Phuket, Thailand, last month, the assailants pushed their victim, a young Russian man, into his apartment and kept him there, blindfolded, until he logged onto his computer and transferred about $100,000 worth of Bitcoin to an online wallet they controlled.

A few weeks before that, the head of a Bitcoin exchange in Ukraine was taken hostage and only released after the company paid a ransom of $1 million in Bitcoin.

In New York City, a man was held captive by a friend until he transferred over $1.8 million worth of Ether, a virtual currency second in value only to Bitcoin.

Thieves have taken advantage of this system in a startling number of recent cases, from Russia, Ukraine and Turkey to Canada, the United States and Britain.

read full story here

Although, one must but appreciate the design to make every open and transparent, the danger far outweigh whatever good reason the wallet was made open.

Join your voice to the call to make the steemit wallet private.