
Bitcoin Audible
Was it all a "Retirement Attack"? (Coldcard Q&A P2)
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Bitcoin Audible
Do not have it yet? Parasocial is a podcast player by Super Simple.
In this episode I continue unpacking the Coldcard RNG disaster, wrestling with whether it was malicious or just shockingly incompetent design and attitude. I walk through how arrogance, licensing changes, and convoluted security theater may have let a fundamental failure sit unnoticed for years, possibly causing key collisions and bizarre “free Bitcoin” situations. I also warn about fake Sparrow and Wasabi mobile apps ruggedly stealing funds from people scrambling to move their funds, and set up a part three focused on lessons learned and best practices. Chapters (00:00:00) - Introduction (00:00:51) - Malice vs incompetence (00:02:10) - Security theater concerns (00:03:35) - Tinfoil theory and NVK (00:06:59) - Source-available code shift (00:07:37) - RNG bug explained (00:09:11) - Arrogance and oversight (00:11:00) - Key collisions stories (00:14:11) - Fake apps and closing thoughts Affiliate Links • Become sovereign, hold your keys, be censorship resistant with the Bitbox hardware wallet. Get 5% off everything in the store with code GUY (Link: https://bitbox.swiss/guy/) • Get 10% off the best Bitcoin board game in the world, HOD