Coldcard knew about the bug. Not a conspiracy.
Ignored the users who had their BTC swept in 2020. They blocked that user on Reddit.
They began a massive marketing psyop in 2021 to sell as many of these compromised wallets as possible. Nearly every podcaster in the space gets paid commissions/ ad revenue to sell an inferior product under the ironic motto of “don’t trust verify” meme.
In 2021 NVK knew all of this and started attacking and criticizing other wallets/devs online. Opensats stopped funding other alternatives because NVK was on their board.
The coldcard attack comes right before BIP 110 activation. Obviously planned because much of it is consolidated into a single address meaning these coins were:
A) a state attack never meant to be spent.
B) consolidated in case of a chain split since the reaction and messaging after the attack was to go to “centralized exchanges” and they could then have an edge and access to both chains.
Also boltz takes a precautionary shutdown of lightning swaps yesterday. They were also being attacked (though nothing was taken).
There is no coincidence that bitcoin is being attacked at the front of self custody and MOE level right before the most important softfork in its history.
The bottom line is:
This is a deep state attack on BTC. The Fabians know that a pleb movement that stops the Landauer attack, reduces data and keeps miners in check will be a massive threat to Bitcoin being sound money. The dollar is on the verge of collapse. IRAN and Venezuela were invaded to prevent a hyperinflationary event… and they cannot allow a sound, permissionless decentralized system to be thriving while fiat is vulnerable.
Bitcoin is the biggest threat to fiat to ever exist. They have been planning this attack for years.
Don’t be naive. Question everyone who makes claims that bitcoin isn’t money. Question anyone who peddles a BTC stonk, tells you to use a custodian or thinks that spam is not a threat because the attack is on the IDENTITY of the network.
And Bitcoin is money. Not a data storage. There is need for a third party. There is no need for large op returns. No need for a bank or other use case.
Run bip110
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