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2026-08-03 05:17:14 UTC

v4btc on Nostr: ‼️ If someone felt threatened by Bitcoin dominance and self-custody, what would ...

‼️ If someone felt threatened by Bitcoin dominance and self-custody, what would they attack?

Not Bitcoin’s code.
Your confidence in your ability to hold it.

They would amplify every failure.
Turn every hardware-wallet bug into an indictment of self-custody.
Make sovereignty feel reckless and dependence feel responsible.

The recent Coldcard situation is serious. Some people have lost funds because vulnerable wallets were created. That demands accountability, investigation, and better security, NOT a retreat into custodianship.

A defective tool does not invalidate the principle.

#Bitcoin has not failed.
Proper self-custody has not failed.
Blind trust in any single device or vendor has.

Verify your entropy. Test your recovery. Reduce single points of failure.

Fear will drive many back into the cage.
Let it drive you toward better self-custody instead.

The alternative is still dependence.
Choose carefully.