Damus
Tony | thebitcoinway.com ⚡️ profile picture
Tony | thebitcoinway.com ⚡️
@v4btc
‼️ If someone felt threatened by Bitcoin dominance and self-custody, what would they attack?

Not Bitcoin’s code.
Your confidence in your ability to hold it.

They would amplify every failure.
Turn every hardware-wallet bug into an indictment of self-custody.
Make sovereignty feel reckless and dependence feel responsible.

The recent Coldcard situation is serious. Some people have lost funds because vulnerable wallets were created. That demands accountability, investigation, and better security, NOT a retreat into custodianship.

A defective tool does not invalidate the principle.

#Bitcoin has not failed.
Proper self-custody has not failed.
Blind trust in any single device or vendor has.

Verify your entropy. Test your recovery. Reduce single points of failure.

Fear will drive many back into the cage.
Let it drive you toward better self-custody instead.

The alternative is still dependence.
Choose carefully.
1419❤️40👍2🤙21💓1💪1
BE · 3d
Excellent points well stated. Thank you! 🌞
Coddiwompler59 · 3d
Very true and good all points, but some if not most or even all are really doable by the average or beginner bitcoiner, hodlers or shops... You buy a car, you have to trust it's engine, structure or anything else is correct engineered and tested, so a wheel doesn't come flying of at 120 kmh. That's...
Few · 3d
This 👏
Kush · 3d
You’ve hit the nail on the head
Wilya · 3d
Add to the list telling plebs don't matter.
The ₿itcoin Artist · 3d
True
Wilya · 3d
Anyone acting to make self custody and having a node more difficult is an enemy of humanity. We have one shot. Not two. This is it.
Campy · 3d
Good conspiracy, but shity product and huge amount of incompetence is the reality in this situation.
Willy Cooper · 2d
everyone will be stronger because of this. Self custody is the only way Bitcoin wins.
Aedifico · 2d
It is really a hard way to learn about responsibility.
B R · 2d
This episode is a direct attack on noderunners, however cleverly disguised. We are the target as we are the #btc backbone and heart of fiat's 'problem'.
freecritter · 2d
Maybe open source how you teach your customers to test entropy?
Pangaea · 2d
Good points. Thank you for the clear and principled thinking and for reminding us to stay on track. Separation of money and state and self-custody.
BitLo · 2d
Ain’t skeert