Dash now runs Zcash's privacy tech. Orchard powers Dash's new privacy layer—with a focus on delivering the same privacy model through a much better user experience.
@TheDesertLynx explains why, with
@VladCostea on
@BTCTKVR.
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Even worse: people with a full brain but no soul scammed people with less than half a brain into trusting their potato tech because of affinity scam.
If you accept that Bitcoin maximalists are bad people and wrong, everything starts to make more sense.
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The fact this was repeatedly dismissed while everyone argued endlessly about the stupidest shit FOR A DECADE is why no one with half a brain is “bitcoin only” at this point
Sorry I have no current have no plans to monitor or trace the ColdCard incident.
My time is focused on ecosystems who value my work whereas Bitcoin maxis are not donors or supporters so I have less obligation to help.
Not really interested in spending time on complex cases for a “good job” anymore.
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The amount of sociopathy it takes to still be selling exploitable products to people. What on gods green earth is wrong with you
@nvk
Everyone hides their bank account/statements, their passwords and their bodies.
You won't find anyone who doesn't practice privacy for at least one, if not two to three, of those things.
People care deeply about privacy. They just have been conditioned to think that "privacy" means some criminal hiding thing rather than what they do all along.
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We might think that we have nothing to hide.
But tomorrow we might have no WHERE to hide.
We need to rethink this mass surveillance system we're building.
Everyone hides their bank account/statements, their passwords and their bodies.
You won't find anyone who doesn't practice privacy for at least one, if not two to three, of those things.
People care deeply about privacy. They just have been conditioned to think that "privacy" means some criminal hiding thing rather than what they do all along.
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We might think that we have nothing to hide.
But tomorrow we might have no WHERE to hide.
We need to rethink this mass surveillance system we're building.
I'm super stoked. 🤩
The lightweight AI assistant I use only supports Telegram to message remotely. Which isn't encrypted, so Telegram would see all your private data.
So I casually vibe-coded a Signal plugin and.... it worked!
I'm really close to having the perfect simple AI agent that runs all locally to recommend to privacy fans.
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Looks like the Bitcoin maximalist "have fun staying poor" chickens are coming home to roost.
DISCLAIMER!!! Normal, innocent people lost a lot of money because they trusted the bigger voices. This is very tragic and not their fault.
They don't deserve to lose money, and they shouldn't be mocked. Those who led them to lose everything, however, should be. That's what this is.
For years, ever since the block size wars, toxic Bitcoin maximalists mocked everyone with a difference of opinion and interest in other projects.
The mantra: "Have fun staying poor."
Petty, shallow, and cruel. Repeated every time some project didn't perform well in the charts, or when a protocol or company was hacked. Used to discourage people from using actual open source, decentralized, freedom-enabling tech.
They viciously mocked the less fortunate while propping themselves up as the purveyors of the true, trusted, and foolproof way of securing your wealth for future generations.
Well, now the chickens have come home to roost.
ColdCard, the "Bitcoin-only" hardware wallet of choice, was exploited due to poor design, losing people untold millions of their savings.
The same week, Bitcoin Judas Michael Saylor, their god whose only trick was to buy Bitcoin forever and make everyone rich, announced he's selling $5 billion more in Bitcoin.
As mentioned above, I don't want to see people lose money. I don't delight in human misery.
But the perpetrators of so much of this are finally seeing their empire of lies crashing down, and I have a keen interest in salting the earth there so that it never grows back to harm anyone ever again.
If you haven't mocked a toxic maximalist influencer yet today, maybe this graphic will be useful to you.
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I'm super stoked. 🤩
The lightweight AI assistant I use only supports Telegram to message remotely. Which isn't encrypted, so Telegram would see all your private data.
So I casually vibe-coded a Signal plugin and.... it worked!
I'm really close to having the perfect simple AI agent that runs all locally to recommend to privacy fans.
Show more
It's a massacre! 🙀
Because Bitcoin has replace-by-fee by default now, even if you move your funds before a hacker can get to them, they can still reverse your transactions by paying a higher fee.
This starts a bidding war, leaving even more innocent users as sitting ducks!
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RBF'd transactions are on the rise. Assume the Coldcard attack has been widely discovered by many attackers.
All the well-deserved criticism of the toxic maximist affinity scam aside, single-sig self-custody isn't going to work.
We at least need a multi-key setup of some kind where lost AND compromised shares can be replaced. And with physical device support.
Whoever solves this, take my money!
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This isn’t a mistake honey
They failed to generate proper entropy starting 5 years ago
They failed to detect it over the subsequent 5 years
While they talked mad shit
And then IN RESPONSE to CC users reporting stolen funds yesterday they said FUD
Hell no
Fuck no
Fuck you
Fuck that
Don’t defend incompetent people
Secure your shit. Do your job. Or GET THE ABSOLUTE FUCK OUT AND LET COMPETENT PEOPLE DO THE FUCKING WORK
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Privacy Game Show: A Hide & Speak Special Episode
Looks like the Bitcoin maximalist "have fun staying poor" chickens are coming home to roost.
DISCLAIMER!!! Normal, innocent people lost a lot of money because they trusted the bigger voices. This is very tragic and not their fault.
They don't deserve to lose money, and they shouldn't be mocked. Those who led them to lose everything, however, should be. That's what this is.
For years, ever since the block size wars, toxic Bitcoin maximalists mocked everyone with a difference of opinion and interest in other projects.
The mantra: "Have fun staying poor."
Petty, shallow, and cruel. Repeated every time some project didn't perform well in the charts, or when a protocol or company was hacked. Used to discourage people from using actual open source, decentralized, freedom-enabling tech.
They viciously mocked the less fortunate while propping themselves up as the purveyors of the true, trusted, and foolproof way of securing your wealth for future generations.
Well, now the chickens have come home to roost.
ColdCard, the "Bitcoin-only" hardware wallet of choice, was exploited due to poor design, losing people untold millions of their savings.
The same week, Bitcoin Judas Michael Saylor, their god whose only trick was to buy Bitcoin forever and make everyone rich, announced he's selling $5 billion more in Bitcoin.
As mentioned above, I don't want to see people lose money. I don't delight in human misery.
But the perpetrators of so much of this are finally seeing their empire of lies crashing down, and I have a keen interest in salting the earth there so that it never grows back to harm anyone ever again.
If you haven't mocked a toxic maximalist influencer yet today, maybe this graphic will be useful to you.
Show more
Going live on this in about three hours
Privacy Game Show: Live at 4pm ET today on Hide & Speak
We are testing their knowledge of privacy trivia, laws, quotes & more, live on stream today!
More below.
"Bitcoin only" = affinity scam
Bitcoin security experts aren’t surprised by Coldcard’s issues
In 2019, researchers
@sedited_ &
@KasparEtter disclosed a severe bug in the Coldcard hardware wallet
They could have exploited the bug, but chose to send all the information + the fix to Rodolfo
Instead of paying them for their work, Rodolfo downlpayed the severity of the bug as “low risk” and only sent merchandise to the two researchers (mugs & Coldcards).
In the security world, Coldcard has always had a bad reputation for not offering bounties in exchange for responsible disclosures
So when teenage prodigy hacker
@saleemrash1d found a vulnerability, he disclosed it to Trezor, Ledger, BitBox, and every hardware wallet company except for Coldcard
Why? Because he knew that Coldcard doesn’t pay. So Coldcard had to learn about the vulnerability after their competitors had already patched it.
This is as a recurring theme with Coldcard:
they constantly resorted to downplaying the severity of security disclosures, paid much less money for bounties than their competitors, did a lot of dishonest marketing which emphasized that being “Bitcoin-only” makes their devices more secure (they used BIP44 too for testnet).
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It's not like it's the end of the world or anything.
The Breakdown #
759#: Crypto Markets, AI, Politics, and the Meme Economy
Used
@Dashpay at Amazon again!
Bought equipment for my local private AI setup, saved 2.5% thanks to the DashSpend feature in DashPay.
When you can spend and save private, fully-sovereign money, there's no excuse to not use crypto.
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