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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 that self-custody is dead, and "don't trust, verify" failed us. I walk through the brutal history of centralized custodial failures, explain why "holding your own k…
***"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? No. Because, it is, at the end of the day, their custody. Whereas in statechains, a really cool perspective is, if the server or the custodian, disappears, bec…
In this episode, I unpack the claim that BIP110’s failure proves corporate miners and suitcoiners now control Bitcoin. I walk through the real dynamics between miners and validating nodes, compare BIP110 to the UASF, and explain why broad consensus is strictly required to change Bitcoin’s rules. Ul…
***"In the early days, the average user could probably use a Coldcard and know the amount of entropy required. The average Bitcoin user today, no clue. And so the times have changed, our message should have changed. And where I come down to is essentially what you said HODL, you should custody your…
***"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 of people that do this and take it seriously. The revolution won't work without that. Everything under the spectrum is acceptable. But if you know what you're here for, you got to pu…
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