Brad Mills
· 1w
Feeling a lot different after the coldcard exploit.
One of my good friends took my advice and lost all his Bitcoin.
~$1.5 million gone.
Don’t trust verify was a LARP.
I kinda feel like an idiot ...
Yes my 100% conviction has been shaken and I really don't believe bitcoin is bitcoin anymore. Not because of the coldcard incident though, this was just a (seemingly planned) malicious exploit and it changes nothing to the rules of self-generated self-custody. Rather, I've seen too much "the enemy is through the gates" stuff lately. Core is corrupt and luke seems out of his mind. I don't feel any implementation is safe at this point and mining is incredibly centralised, the latter is nothing new ofcourse. It's getting really tough to keep believing that it will save us from the fiat nightmare.
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