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viper_1 profile picture
viper_1
@viper_1

newbie

Relays (11)
  • wss://eden.nostr.land – read & write
  • wss://nostr.land – read & write
  • wss://nostr.orangepill.dev – read & write
  • wss://relay.damus.io – read & write
  • wss://brb.io – read & write
  • wss://relay.current.fyi – read & write
  • wss://nos.lol – read & write
  • wss://relay.snort.social – read & write
  • wss://nostr.wine – read & write
  • wss://relay.nostrica.com – read & write
  • wss://christpill.nostr1.com – read & write

Recent Notes

RABBIT HOLE RECAP · 6d
RHR 421: CATASTROPHIC COLDCARD BUG WITH nostr:nprofile1qyxhwumn8ghj7mn0wvhxcmmvqyv8wumn8ghj7urjv4kkjatd9ec8y6tdv9kzumn9wsqzqpxfzhdwlm3cx9l6wdzyft8w8y9gy607tqgtyfq7tekaxs7lhmxf5dcd8v AND nostr:nprofile...
viper_1 profile picture
I was thinking about this a lot; mostly because my input has been 1) preachy 2) irrelevant since I was never affected 3) snarky and mean. For that I really do apologize.
But reflecting on Mathew 14:13 the answer seems clear. Whoever shilled the defective coin -> and you know who you are if you did -> whether you “caused” or “should have discovered” the code problem is irrelevant. Crowds, influenced, are deprived.
(Think in childlike terms: if you told a 2nd grader you took money to sell X and it caused strife would they think you did right).
The community you care about in large part because they are victims in a fiat theft are now left with no resources after following your lead. So…. It’s 1,000 Bitcoin per citadel update .
1) work hard to keep it there
Then figure out how to, asap,
2) restitute it to the victims
From where ?
Matt. 14:13 = just start giving it yourselves. Create a restitution fund. It will work. It will multiply. Give selflessly in a spirit of gratitude and charity. Start with the proverbial 5 loaves.
Can you imagine in this jaded world of crypto doing the exact opposite of what is expected?
It would be hard. It would look uncanny. It would seem unworkable.
But You would be giving back, much more than coin.
It would work. It would.
The resources needed would multiply once started.
“Everyone want to be Satoshi until it’s time to be Satoshi”.
Well he or she gave the tool but you -> with this -> would cement the movement.
It would be legend.
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Cyph3rp9nk · 1w
A Trezor T with Secure SD is better than a Trezor 7 from the point of view of cryptography. Refer to Kerckhoffs' principle of cryptography. nostr:nevent1qqs8mqqwee4x7zynfjssrr09epndm7k3zmmem3nmxk23r6...
viper_1 profile picture
Cypherpunk - just watching this coldcard circus reminded me of my ignorant interest in paper wallets. I watched a podcast by BTC sessions where he said you can create a seed phrase with just pen and paper and dice rolls. But after getting 23 rolls -> to get the 24th he has to input all that entropy into a computer (terminal) to generate a checksum for the 24th word. I dont really understand the point-> from my simpleton point of view, if you put all the entropy generated into a terminal command in a general purpose computer, didn’t you just basically enter the seed phrase into a general purpose computer? Anyone who gets that sequence of binary entropy will be able to recreate the checksum and will be able to generate the same words? Is there some magical power that “terminal” possesses that shields it from all possible keystroke recorders or viruses or bugs?
I am a total bystander in all this. It all seems to me like self custody requires a computer science pHd and a ton of free time.
But…..but the cold card fiasco seems to be renewing interest in “dice” rolling and the path to this video will become heavily worn. It looked to me like it would be a very easy way to get into trouble.
corndalorian · 1w
I can give the benefit of the doubt to most people who promoted Coldcard to other users, such as podcasters and online influencers and other Coldcard users. When I was brand new to Bitcoin in 2020/202...
viper_1 profile picture
With respect this sounds like a reversed Gell-Mann amnesia effect.

Excuse / explain away utter incompetence or fraud by influencers in the “kind” learning environment of coding the ONE job of the ONE thing needed for self custody wallets of ONE single money they advocate….
Then forget that the same influences opining about much harder things with much much more “wicked” learning (economics, politics, health, medicine, raising kids, justice, society).

Ie If they are incompetent or fraudulent at checking the work in “their thing” it is safe to assume they are incompetent or worse at anything that interests you or should be interesting. It does not usually work the other way around.
Cyph3rp9nk · 31w
The only wallets that meet this requirement are those that do not have any secure element. It is unfortunate that influencers who are not cryptographers, or even computer scientists, are recommending...
viper_1 profile picture
This is very interesting.
Though if one needs to be a cryptographer or computer science to figure out self custody then Bitcoin is just destined to dead end in centralization by career or training level. In that case the current market cap is probably the limit (or too high).
Trivium · 1w
I see alot of hate toward some good people in the Bitcoin community over the coldcard debacle. Let's not single anyone out here. This bug was missed by ALL OF US...FOR 5 YEARS!. For the people di...
viper_1 profile picture
Agree - just distinguish
1. Hate, which helps no one
From:
2. Telling the truth, which helps everyone (even when pride makes it initially painful to hear)
And from:
3. Any effort to allow (or compel) those who profited from lies and fraud to be given the opportunity to make restitution to the people they hurt and defrauded, which helps both parties and the community (in the final analysis).
Trivium · 1w
I think your number 3 is a bit harsh. But I understand your sentiment.
Helen Yrmom · 1w
I’m not defending coinkite or NVK hold them responsible too.
viper_1 profile picture
I believe you
But the “re tweet” you promoted suggests the victim of theft did something wrong by
“Using some of the weakest available hygiene” - blah blah blah.

There are degrees of commitment to any approach to personal security. There are knowledge gaps. It’s hard for me to see degrees of commitment as if they are wrong. If you do 5/6 multisig and I do 100,000/100,001 are you “wrong” in my eyes?

I think there are community standards and subcommunity standards. And cypherpunks (I don’t really even know the term I admit) with extreme technical skills and high security preferences are impressive and to be applauded.

But I worry about an inability or unwillingness to see outside the sub community into the wider community.

Look, I am not a cypherpunk. I am not technical. I’m a total bystander. It looks to me like punching down. To me there are two crimes, one miles deep and yards wide. One miles wide and variably deep.

I’m willing to bet that even the most ardent hygienic 100,000/100,001 multisignaturer - if they have one single cold card in that arrangement, is changing it out. Because they were defrauded.

IMO The whole community will be better when both injustices are righted.

I get some will have little or no sympathy for the unhygienic, so be it.

But then maybe - just my suggestion - they can pivot from them over to addressing the widely promoted massive fraud advertised and inflicted on bitcoiners.
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Helen Yrmom · 1w
By all means signal to people who don’t understand how to self custody properly it’s not possible. Assign intent to my very clear words. 🤷🏻‍♀️
Helen Yrmom · 1w
This. For personal responsibility enthusiasts y’all really don’t like personal responsibility. I’m so wrecked over the losses of those who made bad decisions toxic empathy virtue signaling. ...
viper_1 profile picture
Everyone who bought a Coldcard was absolutely and undeniably defrauded by the company that had one job - entropy - and failed.
Some people were absolutely financially devastated as a result of a thief who super imposed another terrible injustice upon them.
Others super imposed their own entropy and apparently were not absolutely financially devastated.
But everyone who purchased the card was defrauded by the manufacturer and anyone financially tied to it and advertising that the card fulfilled its one job.

One crime, that theft, was 100 yards wide and 10 miles deep.

The other, the company fraud, is 1000miles wide. For some people it cut a few feet. For others, those 10 miles.

But frankly, it’s lazy ethics to try to evolve this into a personal responsibility issue. If you bought a cold card apparently after 2021 the company and any of its de facto employees defrauded you.

Part of personal responsibility is holding others accountable for their bad actions - even if you don’t feel particularly impacted by those actions, and even if you thought the people who committed them were nice guys or hung out in your club or had cool mottos.
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Helen Yrmom · 1w
I’m not defending coinkite or NVK hold them responsible too.
StackSats.IO · 1w
>We are committed to working with affected users who want to pursue a police report, insurance claim, or their own investigation. Wonder what their commitment is to dealing with customers who want to...
viper_1 profile picture
Bitcoin is truth and sometimes truth is painful to acknowledge.
They lied about the physical product they sold. At minimum 8th and 9th commandments. They are admitting fault. Forgiveness is not just about confession but restitution. They say they want forgiveness which means they want both (even if their pride resists). So justice - to them, requires their victims to allow them the chance at restitution. In that sense a class action lawsuit is a moral imperative.

This applies to those influencers who also serves as public paid salespeople. Especially if they espoused a philosophy that they had verified the product (the open source code in this case both enable and compels anyone who was paid by cold kite to verify if the influencer espoused it. And the flaw it seems was basic and sheer incompetence at the basic function).
Many of these salespeople too have expressed fault and confessed for forgiveness ( they too need a chance to make restitution. Again justice for victims is messy but likely privacy for victims is best preserved by class actions). I am not a lawyer but I think shilling a physical product will not be protected from the usual “non financial advice” disclaimer. For example when Apple sells me a computer and I use it to buy a house and the house loses money, Apple isn’t responsible for my financial blunder. But if they sell me a computer and they and their paid endorsers communicate they have verified it’s not a bomb, but a high school level hack causes it to blow up my house, that wasn’t “financial advice” that went awry-> it was a criminal sale.

I feel bad for those who were victimized. Again not a lawyer but I suspect class action lawsuits - as clumsy and frankly bad as they are - will serve a moral purpose to allow justice and healing on both sides. And while they are clumsy they may be more effective in these cases because most of the victimizers are public figures who have no idea how invasive the process
Of discovery is going to be, especially since I bet a lot of them just engaged in a lot of on chain activity; and will probably prefer to settle than go through discovery which may reveal a lot more innocent but technically criminal activity they did as part of routine coin operations that would never otherwise hurt anyone or come to light.
MNMeschke · 21w
He identified "gifts of healing" (plural) as supernatural manifestations of the Holy Spirit for the common good in 1 Corinthians 12:9, 28. I've been interested in muscle testing and other "Eastern" me...
viper_1 profile picture
Thank you. My first read is it does not seem likely to refer to skills one can acquire (neither through formal western school e.g. medical school nor apprenticeship e.g. acupuncture or informal medical training). It does seem like either route would (could) pre dispose one to recognize or be open to the grace. But it reads like a grace bestowed selectively (from a human view point perhaps would look “randomly”) to select individuals for the good of the community. Just thinking about it past the first layer and it would take tremendous wisdom and prudence for someone to have such a grace and use it for the good it is - but not allow its use to lead one into pride or frustration or lend ones actions to be used to put God to the test. There are some graces I think I am glad I do not seem to possess.
MNMeschke · 21w
Yes. The devil does a great job getting us to feel like we earned something or it was our doing vs God's.
MNMeschke · 21w
He identified "gifts of healing" (plural) as supernatural manifestations of the Holy Spirit for the common good in 1 Corinthians 12:9, 28. I've been interested in muscle testing and other "Eastern" medical type things. Acupuncture, muscle testing, frequency stuff. I don't think he was referring to d...