Damus
๐Ÿ‡จ๐Ÿ‡ญ Swiss Hodler profile picture
๐Ÿ‡จ๐Ÿ‡ญ Swiss Hodler
@SwissHodler

Libertarian. Freedom maximalist.
Shorting fiat with Bitcoin since 2016 ๐Ÿ‡จ๐Ÿ‡ญ

Signal over noise.
@21Bitfluencers

Relays (7)
  • wss://test2.relay.report โ€“ read & write
  • wss://relayable.org โ€“ read & write
  • wss://purplepag.es โ€“ read & write
  • wss://vitor.relaying.io โ€“ read & write
  • wss://bitstack.app โ€“ read & write
  • ws://ovh2.progserver.site:4848 โ€“ read & write
  • wss://relay.primal.net โ€“ read & write

Recent Notes

Dug · 3w
But when Iโ€™m rich, itโ€™s okโ€ฆ.. see Angela Rayners for a prime example.
๐Ÿ‡จ๐Ÿ‡ญ Swiss Hodler profile picture
It was never easy being a Bitcoiner.

I've been called an idiot, a cultist, a tin foil hat weirdo... you name it. We've watched Mt. Gox, FTX, and a dozen other disasters wipe people out because they trusted someone else with their coins.

One thing was never questioned: self-custody is the answer.

And now this COLDCARD fuck up ๐Ÿคก

I honestly haven't slept properly these last few days. I keep thinking about the Bitcoiners who did everything they thought was right, only to wake up and find their stack gone.

This shit is hard to process for the whole community.

My orange heart goes out to everyone who got hit. It's hard to even imagine what you're going through ๐Ÿงก

If there's one takeaway from this mess, it's this: no wallet vendor is sacred. No device is untouchable.

Diversify. Use multisig. Mix hardware wallets from different manufacturers.

Bitcoin is fucking ruthless.

It gives you absolute ownership, but it also demands absolute responsibility.

Stay paranoid. Stay humble. And never let a single vendor become your single point of failure.

AND TOUCH GRASS!

โค๏ธ4โค๏ธ1๐Ÿค™1
exist270 · 3w
Hardware wallets are the dumbest possible way to store #Bitcoin / #BTC funds. ๐Ÿคฆโ€โ™‚๏ธ There are no "proper" HW wallets. ๐Ÿค™
๐Ÿ‡จ๐Ÿ‡ญ Swiss Hodler profile picture
Will Coldcard recover from this, or are they rekt?

Either way, condolences to every Bitcoiner who lost their hard-earned sats ๐Ÿ’”

If there's one lesson here, it's this: don't trust a single hardware wallet vendor with your entire stack.

Use multisig.
Mix hardware wallets from different manufacturers. Make sure your backups work.

Don't trust, verify.

11โค๏ธ3โค๏ธ1๐Ÿซ‚1
Chris · 3w
All true BUT you are skipping over the most important (and relevant) part! Not your entropy, not your coins!!!!!