What have you learned from this?
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Replies (19)
Majority of people don’t realize everything is exploitable.
This..
Pride.. Ego.. Comparisons.. all ingredients that will not lead to learning lessons from your failures.
Probably there's nothing worst than that, cause you'll keep failing and will blame others and look everywhere else than on the mirror..
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Nothing is certain when it comes to humans.
Bitcoin is convenient. It will be stolen by any means possible, especially if it is convenient to do so.
Reminded the future in always unknown. Make a plan, even strive to achieve it, but hold it loosely while you live out each day. There is a reason the Lord’s Prayer starts out, “give us this day, our daily bread”.
predictable randomness
multisig.
entropy.
don’t trust, verify.
“Invest in seven ventures, yes, in eight; you do not know what disaster may come upon the land.”
Ecclesiastes 11:2
Best answer so far. I think entropy should be first tho. That is the most basic lesson we gotta take from this.
Overconfidence kills.
Not even my confidence in my own multisig survived. I'm not much at risk, but I'll have to migrate anyway.
It's probably good to periodically upgrade your security protocol and reassess the risks.
Yes for sure. My new setup will be miles better than the old.
This was definitely a violation of one of our maxims, "don't trust, verify". But I think it needs to be captured in a more specific meme, one that captures the pain and the lesson of this moment, just like that one and "not your keys, not your coins" & "stay humble, stack sats". But one that captures the entropy responsibility.
"Not your roll, not your vault"
"Not your roll, not your keys"
Something needs to come out of this.
Just use Trezor
Meh. That's not the right lesson.
The lesson is you should at the very least generate the seed yourself in the best practice when using those devices.
I'm not sure there's a point at all in trying to own Bitcoin if you can't self custody but I agree Bitcoin is probably not for everyone.
1000 Bitcoin were stolen because people didn't generate their own seed and you're telling me generating your own seed is not a good lesson.
Doofy 🤣🌊🏄♂️
