Lol

Humans: “Use Coldcard. It’s the safest and most secure hardware wallet.” AI: “What about this critical flaw that will result in everyone losing their funds?” Humans: “You’re absolutely right — thank you for pointing that out. I apologize for the error.” Touché, AI. Touché.

There is a strange and unsettling irony in the fact that bitcoiners want ordinary, hardworking people to “roll the dice” to secure their wealth. Money has to be dead simple to store and use, allowing people to get on with the parts of their lives that their money is supposed to enable. Coldcard users rested in the assurance that their wallets did just that. It wasn’t a dice roll. It was a solid and secure solution to the problem of holding their money so they could go about day to day life. We all know now it was a false assurance. The result of this catastrophe is that ordinary, hardworking people who had started to hear about and see firsthand the benefits of bitcoin and self-custody will now be so unsure about who to believe that many will give up on self-custody, if not bitcoin entirely. This won’t be just Coldcard users, but users of any self-custody solution. If you can’t trust the people who are supposed to know these things, then why believe anyone? People just want to get on with their lives, and right now bitcoin isn’t allowing them to do that the way it was promised by those “in the know.”

Should Nostur support polls? 👀🤞 View quoted note →

Bruh they’re still selling Coldcards with the compromised firmware 🤯🤦‍♂️

I wonder how many lost coins this put back into circulation 🤔

I forgot about this poll. As if things weren’t already bad enough, now you’re gonna have me out here leaving reactions on your posts 😂

Maybe the Bible App people are bitcoiners. This is uncannily relevant 😂

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 2020/2021, Coldcard was pushed by EVERYONE as best in class for secure Bitcoin storage, and being new to anything you simply have no choice but to trust people while you find your way through it all. I’m a creative who happens to be technically-inclined, not a coder/dev, so personally auditing source code is never an option for me anyway. I imagine most Bitcoin podcasters/influencers are in a similar position as me. When essentially every reputable voice around said to use Coldcard because it’s the best, why would you doubt them? They’re the experts, right? I don’t think it’s fair to hold anyone accountable who promoted Coldcard in that regard. But NVK and Coinkite employees who were involved in their devices’ security do not deserve the benefit of the doubt. They deserve the highest levels of scrutiny and accountability at this point.