SeaSat8

the second amendment backs the first, and ₿ backs them all! I 🧡 BTC but lost my sats at sea. NEVER financial advice. mostly thinking out loud.

[SeaSat8 @finiteBitcoin]

@BitPaine ❤️

[SeaSat8 @finiteBitcoin]

@M1Astra Won’t work. Won’t be able to guarantee any content was generated with Claude. They’ll scrap this soon.

[SeaSat8 @finiteBitcoin]

I want whatever Satoshi’s seed phrase is. That shit stood the test of time.

[Samson Mow @Excellion]

The COLDCARD RNG vulnerability may be worse than an exchange hack. It hit at the core of sovereign Bitcoin holders - it struck those who did all the research, understood why self-custody is important, and didn’t keep coins on exchanges.

My heart goes out to everyone affected. It’s a horrible situation and the damage is irreparable. While I have many thoughts and criticisms about how we got here, I’ll hold back because I know nvk is devastated too.

Self-custody is hard. If you advocate for self-custody, you should also be telling people to use a multi-vendor multisig setup. I’ve been saying this for years. Self-custody only works if you do it in a way that minimizes a single point of failure. Don’t trust any single vendor for hardware. Assume everyone is your adversary.

As self-custody is hard, we should be less critical of people who chose to use custodians or hold BTC in ETFs or Bitcoin Treasury Companies. There isn’t a single right or wrong way to use Bitcoin and there are tradeoffs everywhere.

Some people have contacted me about what to do. Here’s what I recommend:

1️⃣ Document everything. Write down all the facts and details you know (dates, addresses, firmware, etc.).

2️⃣ File a police report, as it creates an official record which is useful for a number of reasons. Even better if you can contact a cybercrime unit, national reporting portals (e.g., FBI IC3 in the US), or specialized crypto-crime task forces if they exist.

3️⃣ Watch for coordinated efforts to track movements of funds.

4️⃣ Do not destroy your COLDCARD and seed phrase. Hold onto them as there could be a chance that stolen funds reach an exchange, are frozen, and you need to prove ownership. Write down your PIN too, or note it in your documentation. When you stop using it for a long time, you may forget it.

5️⃣ This next point is very important: DO NOT share your personal details, seed phrase, or send any money to anyone claiming they can “help recover” the funds. Scammers will be targeting people who are desperate.

Just know that almost everyone has lost coins for some reason at some point. Don’t do anything rash. Talk to someone if you need to. You can always rebuild, but only if you’re still here.

For all of us developing wallets, software or hardware, security is the most important thing we provide. People are counting on us and we have to do better.

💔

[SeaSat8 @finiteBitcoin]

@jackmallers @Strike 21 always made you fugaze. Welcome back Jack.

[SeaSat8 @finiteBitcoin]

99% of the “bitcoin only” companies will likely pivot and begin to cater to alt coiners at some point, simply out of fear of losing/going out of business.

[SeaSat8 @finiteBitcoin]

Makes no fucking sense that we watch these criminals….we know we can find out who’s funding them….but we’re arresting absolutely nobody. All this does is strengthen the uniparty theory. It’s so bad.

[Sean Davis @seanmdav]

Sure would be nice if the White House, DOJ, and FBI took an interest in identifying, dismantling, and destroying the networks responsible for planning and funding these riots. Beyond done with the 2020 vibes of just staring at coordinated terrorist violence and doing nothing.

[SeaSat8 @finiteBitcoin]

@mattpocockuk There’s a kbd shortcut to press after typing workflow to unworkflow it.

[SeaSat8 @finiteBitcoin]

@Jethroe111 😔

[SeaSat8 @finiteBitcoin]

@Teknium 6 fingers.

[SeaSat8 @finiteBitcoin]

😊

[Homeland Security @DHSgov]

These violent rioters will NOT slow us down in our mission to REMOVE criminal illegal aliens from New Jersey.

Last night, we made arrests of rioters for assaulting, resisting, and impeding federal officers. Assaulting law enforcement is a crime and felony. ANYONE who assaults law enforcement will be prosecuted to the fullest extent of the law.

Law and order will be restored.

[Gunther Eagleman™ @GuntherEagleman]

Dear @LeaderJohnThune,

You’re next. Believe it!

Sincerely,
America

[SeaSat8 @finiteBitcoin]

@ScottPresler @sues86453 SCOTT PROMISED. SCOTT DELIVERED. UNFUCKINGBELIEVABLE. I LOVE THIS FUCKING MAN!

[ThePersistence @ScottPresler]

@JohnCornyn Why didn’t you spend the last 24 years passing election integrity legislation?

Enough is enough.

✅ Ken Paxton

[SeaSat8 @finiteBitcoin]

@saifedean Everything is the way it is because we believed in shitty paper currency.

[Brendan (can/do) @BrendanFoody]

I wrote an essay about how we should eliminate income tax for the bottom half of Americans a few years ago.

It would reduce an enormous burden on hundreds of millions of Americans and cost ~3% of government revenue.

Jobs are the largest positive externality in the economy, yet we disincentivize them with payroll + income tax.

While this feels like one of the most impactful policy proposals to help Americans, most politicians would rather squander the money on inefficient government programs.

This is the best way to support lower and middle-class families.

[zerohedge @zerohedge]

Jeff Bezos: "If we ran Amazon the way New York City runs their school system, the packages would take 6 weeks to arrive, we would charge you a $100 delivery fee and when the package did finally arrive, it would have the wrong item in it anyway."

[SeaSat8 @finiteBitcoin]

@karpathy @bcherny Holy shit. Huge!! Congrats dude!!

[SeaSat8 @finiteBitcoin]

❤️

[Gunther Eagleman™ @GuntherEagleman]

Hey @JohnCornyn,

Did you see what happened to Bill Cassidy tonight?

You’re next up!

Signed,
Texas

[SeaSat8 @finiteBitcoin]

Cornyn’s toast.

[ThePersistence @ScottPresler]

✅ Virginia maps struck down
✅ Senator Bill Cassidy defeated
✅ Indiana Senate Republicans replaced

The only thing that can make this month better is for Senator John Cornyn to be DEFEATED on
🗓️ Tuesday, May 26th