LumberHawk™

Livin that #BTC beard life! npub1u6xq0vfk2d947mpm8na2t86ymus6prhemmgxyh3035yasmruugdqm4zuc8 Zaps: [email protected]

[LumberHawk™ @LumberHawk]

https://t.co/hITIsg8wS8

It's worth a read if I do say so myself...

[Stephan Zimm @stephan_zimm]

The recent self-custody failures are awful, and the Bitcoin industry has to take responsibility for that.

But if our answer is that billions of people should roll dice, manage complex backups, and hope they never make one mistake, self-custody will remain niche.

We have to make it radically simpler without giving up sovereignty.

[Alex Gladstein 🌋 ⚡ @gladstein]

“I have spent close to $5k on LLM tokens over the past 24 hours scanning over a hundred bitcoin related repositories. As of now, I have seen no vulnerability that has me concerned about any hardware device outside of the Cold Cards.”

Amazing work from Rob and sound advice here

[LumberHawk™ @LumberHawk]

@crankyconinLV @itscoachgoodman Yessir

[LumberHawk™ @LumberHawk]

The bond market is openly challenging the Fed

Thirty-year Treasury yields moved above 5.2%, a 19-year high. Markets now assign roughly a two-thirds probability to a September increase, but I don't buy it.

[LumberHawk™ @LumberHawk]

orbital AI compute at scale will not relieve the current bottlenecks for several years. And it's still unproven; although I am betting it works out. If so, rockets are gonna rocket.

@SpaceX Starship V3 success is not priced in IMHO.

10 trilly or bust

[LumberHawk™ @LumberHawk]

New data centers can be completed in one to three years, while major grid infrastructure can require five to fifteen years
this bottleneck is not going to be solved quickly

[LumberHawk™ @LumberHawk]

A hot take might be useful for a day.

A framework helps you make better decisions for years.

Whenever I read something interesting now, I ask one question:

"Will this still help me think clearly five years from now?"

If the answer is yes, that's what I save.

[LumberHawk™ @LumberHawk]

Builder incentives continue expanding while mortgage rates remain elevated.

Consumers increasingly compare:

existing homes
-vs-
new homes with subsidized financing.

Those are no longer the same product.

[LumberHawk™ @LumberHawk]

@TeamEvilLeft just cold card as far as i am aware. the mechinism used to "randomly" pick seed words was less random than thought...

[LumberHawk™ @LumberHawk]

I feel like the self-custody sovereignty movement took a nasty blow today. The ETF people are going to do a victory lap.
It's ok. go ahead... we will be back.

[Quinten | 048.eth @QuintenFrancois]

The Coldcard bug explained in simple terms:

Normally, a hardware wallet generates your 12 word seed phrase using true randomness.

Think of it like a lottery with roughly 340 undecillion possible tickets (that’s a 340 followed by 36 zeros). Every ticket has an equal chance of being picked, making the odds of guessing your seed essentially zero.

The bug didn’t shorten the 2,048-word BIP-39 word list. It changed how the wallet picked the words.

Instead of choosing from the entire lottery, the wallet kept picking from the same tiny corner because the “random” numbers were partially predictable from things like the device’s ID and timing.

Imagine that instead of 340 undecillion possible combinations, your wallet accidentally chose from only a few billion. That’s still a huge number, but astronomically smaller than what Bitcoin’s security is designed to provide.

Your seed phrase still looked completely normal. The words came from the same 2,048-word list. Nothing looked suspicious.

But for an attacker, the search space became millions of trillions of trillions of times smaller.

[Clay Garrett @clay_garrett]

1/ During our investigation of the Coldcard drain yesterday, we identified an unusual pattern in the sweeps. That pattern led us to a hypothesis that has since been confirmed: the operator used a paid account at a well-known blockchain-services provider to query the source addresses and perform other related activity during the sweeps.

[LumberHawk™ @LumberHawk]

The price you pay matters more

↑ LumBerHawk's News: link in bio

[LumberHawk™ @LumberHawk]

People often confuse a good company with a good investment
A business can execute brilliantly & still be a poor investment if expectations were even higher

That's exactly why following incentives and capital allocation usually tells you more than headlines. The story matters

[LumberHawk™ @LumberHawk]

The reaction to MSFT & Meta made something important visible
For the past 2 years investors rewarded companies for spending aggressively on AI. This week markets rewarded companies that demonstrated a clearer return on investment & punished where spending looks harder to monetize

[LumberHawk™ @LumberHawk]

Supercharge your future by starting with a 4-plex, which will mortgage as a single-family home. Yes, you can use your VA for this, have a place to live and 3 rental incomes coming in from the very beginning.

[LumberHawk™ @LumberHawk]

If I were a young veteran starting over today, I'd be looking at housing differently.

Not just "Where do I want to live?"

I'd ask, "Can this house become my first income-producing asset?"

[LumberHawk™ @LumberHawk]

Live in it. Build equity. Learn the business. Then decide whether to keep it as a rental when you move.

You don't have to become a real estate empire overnight. Sometimes financial independence starts with simply refusing to let your first house be your last investment.

[Documenting ₿itcoin 📄 @DocumentingBTC]

The United States Treasury Secretary quoted Satoshi Nakamoto, the inventor of Bitcoin, today.

[unusual_whales @unusual_whales]

BREAKING: US mortgage rates rise to 6.66%, highest level in a year