The real threat to bitcoiners isn't a bear market. It's not knowing your own cost basis when the letter shows up. Am I wrong?

An estimated $114M+ has been drained from Coldcard wallets this week, a 4th wave is running right now. Nobody touched a device. Tomorrow’s Bitcoin Act issue: → What actually happened, and who’s still exposed → The US + global law news moving Bitcoin right now → 3 live prediction-market odds on the crypto bill everyone’s watching → This week’s Sovereign Question: what to do right now if you own a Coldcard If you’re holding one, have you moved your funds?

Thanks to @Bittr 🐷💰 for this super meme! It allows us to laugh a little during this complicated period for bitcoiners!

Self-custody isn’t hack-proof. It just moves where the failure happens. COLDCARD update: Block traced the attacker through a paid account at a tracking service. Victims: document everything, file a police report, skip paid “recovery” offers. Also in issue #68: the CLARITY Act clears a real hurdle, plus a fake IRS letter scam targeting holders. Full breakdown, link below. Does this change your setup?

Bitcoin IS hope

🚨 The market just got slapped by the Coldcard affair. $70M+ drained from “unhackable” cold storage in under an hour. A 5-year firmware entropy bug turned dormant single-sig wallets into free money for whoever found it (AI or not). Self-custody FUD is real and Bitcoin is feeling it. But the legal side of this breach is the part most maxis are still sleeping on. Tomorrow’s Bitcoin Act newsletter drops exclusive expert opinions and hard analysis on the legal fallout of the Coldcard disaster — plus more sharp takes from lawyers and analysts on Bitcoin regulation news across the USA and the rest of the world. We’ll also hand you every single Bitcoin + law/regulation event happening next week so you’re never blindsided. First to open tomorrow gets 2,100 sats. Same as always. Link to subscribe is in the bio. Sovereignty isn’t just keys. It’s knowing the law that tries to take them from you. Don’t miss this one.​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​

The protocol is unassailable. Got friends who still think it’s possible to control Bitcoin? 👇​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​

This meme is elite. who's with me? 👇👀

I publish The Bitcoin Act in public. The writing is only half of it. The other half is the conversations that follow: email replies, X chats that keep me honest, and talks in the community that cut straight through the noise. Every single one makes the next issue sharper. Cleaner signal. Higher conviction. Building for serious Bitcoiners means listening as hard as you write. What’s one community exchange that leveled up your own work? 👇

Just saying… 👀

"Bitcoin is a commodity, not a security." You've heard it a hundred times. It isn't written into a single U.S. law. It's a regulator's position. And positions get reversed. [2/7] The current SEC Chair just made the argument for putting it in writing. Paul Atkins, this week, on the CLARITY Act: the statute is "the way to future-proof" the rules. Without one, a future chair can walk them back with a memo. [3/7] The gap most people miss: Agency guidance can be erased overnight. New administration → new chair → new memo. Gone. A statute can't. It takes an act of Congress to undo an act of Congress. [4/7] What the CLARITY Act would actually do for Bitcoin: → Class it a "digital commodity" — regulated like gold, not like a stock → Put it under the CFTC, not the SEC → Write that into law, not a memo Only the third line makes the first two permanent. [5/7] Here's the catch. ⏳ The House passed it in July 2025. A year later, the Senate still hasn't held a floor vote. It needs 60 votes, it's stuck on an ethics fight, and the window before summer recess is nearly shut. [6/7] So until the Senate moves, nothing is settled. Bitcoin's legal footing in America is on loan — sound only as long as the current regulators keep their seats. [7/7] One question splits Bitcoiners in two: Do you want Bitcoin's status locked into federal law for good or is any bill that pulls Washington closer to Bitcoin a bad trade? 👇 I track every bill that touches Bitcoin: who's moving it, who's blocking it, and what actually changes if it passes. Plain English. Before it hits your timeline. The CLARITY vote is next. Get it first 👇

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The Bitcoin Act is the first newsletter covering Bitcoin regulation, sovereignty, and legal developments — and rewards you with 21 sats every iss...

Lawmakers: "We're going to control this." Bitcoin: keeps producing a block every 10 minutes regardless Name one law that's actually slowed the network down. Just one. 👇

The CLARITY Act is being sold as Bitcoin's big win. Right now the NY AG is trying to jam mandatory KYC and mixer limits into it. 7 pro-Bitcoin Democrats already say the text falls short. The Senate's racing to vote before recess. Most people cheering haven't been watching what's getting added.

We’re all agreed that it’s accurate, guys? 👇

👀 North Korea's Lazarus Group has stolen $6.75B in crypto since 2019. $2.02B of that in 2025 alone, up 51% year over year. Sen. Lummis says the CLARITY Act closes the gap. Section 305 gives exchanges the power to freeze any transaction for 30 days, no court order required, extendable to 180 days. Built to stop Lazarus. The freeze tool doesn't check who's holding the wallet. Tomorrow's issue breaks down exactly what Sections 303 and 305 hand Treasury and exchanges, and where self-custody still draws the line. Also inside: this week's subscriber legal question answered, live odds on the bitcoin legal events sitting on prediction markets right now, and the US + global regulatory moves that actually matter for holders. First person to open it gets 2,100 sats. A freeze tool built for a $6.75B hacker. Where do you think the line actually holds?

Be honest. How long did you take the blue pill before you finally switched? 👇

Buried in the CLARITY Act is a provision most people skipped past: your Bitcoin can't be ruled "abandoned" or seized by a state just for sitting dormant on-chain. The problem: one analyst just cut its odds of passing this year from 50% to 30%. His words: the calendar "is now the enemy." This is the final floor window before recess. I laid out what's at stake in today's issue. Should self-custody protection be non-negotiable?👇

Be honest, how many times have you tried to explain this to a normie and just given up halfway through? 👇

Galaxy Research just cut the odds of the Clarity Act passing this year from 50% to 30%. In one month. Their words: the Senate calendar is now “the enemy.” Same week, one of the police unions negotiating crypto enforcement flipped and backed the bill. Nobody’s reporting the part that actually matters: the exact language they said addressed their concerns never changed. That contradiction says more about where this bill is headed than any headline will. Tomorrow, The Bitcoin Act breaks it down properly: → the read from experts and insiders you won’t get from mainstream media → this week’s numbers on legal bitcoin news → every legal + bitcoin event worth watching next week — and there’s a ton lined up ⚡ First opener gets 2100 sats, same as always. Fastest one wins. Most people find out what happened in a headline next week. Subscribers already know how it ends. Link in bio.

What do you think? 👇