In the past when I would go to coinbase, I would have a ton of people reach out to me, asking me to sign their wallets. I’ll never forget all the money I spent on that, and I know exactly how this happened. It was all because of the fact that I was so busy with other things, and I was just so busy, that I didn’t stop to think about what I was doing.
It’s important to note that when a person comes to you and asks you to sign their wallet, he may not be trying to use the wallet to buy a product. He may just be doing it because he thinks he’s entitled to do so. It could also be that he doesn’t know you personally, but he thinks that you are an ideal candidate to sign his wallet.
For most of us, we arent aware that we are signing the contents of other people’s wallets to become a part of their life. Gyen on coinbase had a very similar problem which made him decide to become a member of the “Coinbase family”. Gyen had been a member of Coinbase since his first purchase, but he still didnt sign it.
Gyen on coinbase is a good example of a person who does not understand the concept of personal property. So he thinks that his wallet belongs to him and he has the right to sign/sign what he wants to sign. This is a huge problem because it has the potential to ruin him in the future. Imagine if Gyen was to find out that his wallet was on the blockchain? He would be screwed in a world where he was signing all his private information to Coinbase.
Gyen is an excellent example of a person who gets into trouble because they think of property as “mine and theirs.” This can be a real problem because we’re used to property ownership being split 50/50. In the example above, Gyen does not know that he has a wallet that belongs to him alone and that if he wants to sign it he will have to sign it with his own personal signature. What he thinks is that his wallet is his own property.
I can’t believe that when somebody uses a pseudonym to sign my own documents, it’s the same person that’s signing the documents. They don’t think that they have the right to do that.
This is one of the reasons that people sometimes use an alias to sign documents. But a real person would not just sign some documents (which is what Gyen does) and call it his own. It’s not really the same person. If you’re not the same person, you don’t really have the right to sign documents.
We know nothing about Gyen, so we’re not even sure what happened to him. I know that he was working at a bank and was trying to make a deal with a bank in another city. He is a real person, he has no idea what he’s doing, nor has he ever seen his wallet. If he ever wants to use his wallet, he will have to keep it.
Gyen was not the man with the wallet. He was the man who made a deal with the bank, not the man who went to the bank.