From Jeff - $3M XRP Stolen From A Cold Wallet???!!!
- Jim Costa
- 2 hours ago
- 1 min read
My first thoughts were:
1. This guy is an idiot,...
2. is hiding something from his wife, or...
3. left his cold wallet plugged into a hot device.
Explanation: In VERY simple terms, crypto funds are just special files that require special software to decode and manipulate. A lot like document files that need apps to use them, think Word, Exel, etc.
A cold wallet in simple terms is just a thumb drive with some software to assist in offline storage and organization of crypto files. It is not connected to the internet and is not hackable unless infected with a trojan horse and/or hidden wireless coms. A cold wallet becomes HOT when plugged into a phone or PC.
Of course the guy could also be running a psyop to scare the public away from crypto.
I am sitting on the crypto sidelines until after the great shakeout. A credit/debit card free of tyrannical restrictions is all I need for online transactions and expenses away from home.
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I was going to provide a video link from Pastor Bob on X but his channel has been deleted. The video featured side by side pics Bondi, Patel, Cruz, and Bongino with their Central Casting counterparts. A pic of Kash-Cash is attached. Everything in the news is part of the mooovie!
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See: Original Article - “I just had over $3,000,000 of XRP stolen off of my cold wallet”.
15 Minute Video