Learning the Wrong Lessons
August 28, 2026
Thousands of careful Bitcoiners just got wiped out by a Coldcard entropy bug, and I use this episode to push back hard on the idea
Thousands of careful Bitcoiners just got wiped out by a Coldcard entropy bug, and I use this episode to push back hard on the idea
***”I think that self custody is not going to be dead. I think that there is going to have to be a group, a vanguard
In this episode, I unpack the claim that BIP-110’s failure proves corporate miners and suitcoiners now control Bitcoin. I walk through the real dynamics between
***”Today can you also use Coinbase to sell your coin? Yes. But can you guarantee that if Coinbase disappears, your funds will be with you?
***”It’s going faster than most people thought. We thought that these models would be useful, but not extremely useful, for a while. Now you look
In this episode, Steve, Jeff, and I walk through the catastrophic Coldcard entropy failure, how a trusted hardware wallet ended up generating weak keys, and
This is an emergency episode to warn everyone of the catastrophic Coldcard entropy bug that’s letting attackers regenerate users’ keys and drain wallets without device
There is a massive miscommunication tearing Bitcoiners apart right now. Instead of arguing over specific code like BIP 110, I want to ask a much
“Your savings represent hours you worked, risks you accepted, businesses you built, time spent away from people you love, and consumption you postponed for the
I walk through the global push for Central Bank Digital Currencies, why voluntary rollouts have mostly flopped, and what governments really gain from programmable, fully
***”I’m almost 99% certain that [BIP] 110 will activate. And not only that, I think there will be a capitulation after October, where if the
What is the most important project in Bitcoin? It isn’t BIP 110 or some shiny new payment protocol. We actually have a massive security vulnerability
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