TeslaLiberty

The ledger incident is the nail in the coffin for hardware wallets.

People are all going fully custodial.

In hindsight, this was always going to happen

Which is safer Bitkey or Ledger ?

What are the odds of bitkey rugging just like coldcard ?

The privacy LARP, which I was part off, was so fucking stupid in Hindsight.

If you have no more coins, what is pRiVaCY worth ? ZERO.

I had 6 years of utxo set perfectly built. Coinjoined and all that shit. Spent so much time making sure I would not mix my utxos. That I would use specific utxo for spending etc.

All gone when I had to urgently move my money.

So MUCH LARPING in Bitcoin

AIRGAP WHAT SO RIDICULOUS IN HINDSIGHT

I remember the days where we, as a community, were telling people HFSP.

Oh man

Is inevitable that Ledger, Trezor, Jade, Bitkey, casa, Unchained, will eventually be hacked ?

Don't trust, verify. The bitcoin mantra.

I was not able to verify coldcard. Almost lost all my life savings.

I am unable to verify ledger, bitkey, unchained, casa, all other bitcoin services. Even seedsigner,yeti, Liana.

Thus, I can't trust because I can't verify.

This is also true for 99% of Nostr and 99.9999999999% of the general population.

Hence 99% of nostr and 99.9999999% of the general population cannot self custody.

Bitcoin self custody is officially dead.

Bitcoin decentralisation is dead

Is Bitcoin as a truly decentralised uncontrollable asset dead ?

All these years mocking people on Coinbase, who is laughing now ?

Institutional custodians is much safer than self custody. That's reality

This betrayal by Coinkite, NVK, anyone saying it's your fault for not rolling dices (after advising against it) is 100X worst than the persecution I had to go through during the Covid hysteria

Any bitcoin InFlUeNcER blaming users for not rolling the dice is a fucking traitor.

I hired a fucking consulting bitcoin company that recommended me cold card and never said to roll the fucking dice.

So yeah fuck you

I remember people saying rolling dice had risk of not creating randomness

Thoughts?

I am sad for NVK. I can't imagine the extreme pain and remorse he must be feeling right now.

Also sad for everypne that ever recommended cold card.

And totally DEVASTATED for everyone that lost their funds.

I hope NVK and cold card will take responsability and find a way to reimburse people.

There will be people commiting suicide over the coldcard security failure

SAD AF

Did bitcoin just die ?

Self custody for normies has just died

Happy birthday to the greatest country of all times

AMERICA !!!!

America is 17 years old

FEW

This is so fake. No countries are buying at a material size.

OG's are dumping and we don't have buyers

I have bitcoin fatigue.

Anyone feels that too right now ?

Opinion

Odell and Parker Lewis are totally wrong about digital credit. After trying to orange pill everyone in my entourage and basically everyone I met:

Most people and most businesses cannot stomach the volatilty of Bitcoin. As long as bitcoin is monetizing, they will never buy bitcoin. That is just reality based on my experience and was I have been observing in 6+ years after discovering bitcoin.

As someone that thinks we would live in a better world on a bitcoin standard, I think digital credit (strc, sata,etc) are a major plus for the world, for bitcoin and for strc investors.

Digital credit will drive demand for bitcoin while giving back 12% returns with less volatility than the sp500.

I think Parker and Odell should continue focusing on their mission of getting more people to self custody and I think Michael Saylor is doing incredible work to pump the price of Bitcoin.

Voila

So I have a couple friends, I convinced them to go big on bitcoin in january 2021. They became maxis. They allocated 50% to 95% of their assest to self custody bitcoin.

We are talking business owners with a lot of money compared to the average person.

They are now all divesting away from bitcoin. Bringing down their allocation to 20-35%. No plans on ever bringing the allocation back up to their previous level.

They were there through thick and thin from 60 to 16 to 126, dca the whole way.

We are losing massive capital that will never come back.

Sentiment probably at all times lows.

Thoughts?

Can't wait for bitcoin to wake up.

2021 class is poorer than SP500 holders after 5 years of hodl

Montreal Canadiens Gooooooo what a win

What is wrong with Whites in Alberta ?

Unpopular opinion:

Bukele is the greatest world leader since Thomas Jefferson

Unpopular Opinion:

Michael Saylor is the best bitcoiner of all times outside Satoshi, Hal and the ones named in the Bitcoin white paper.

Montreal Canadiens just won game 7 against Tampa.

The steal of the century. Completely dominated and find a way to win.

GO HABS GO