Learning the Wrong Lessons

<p>Thousands of careful Bitcoiners just got wiped out by a Coldcard entropy bug, and I use this episode to push back hard on the idea that self-custody is dead, and "don't trust, verify" failed us. </p>

<p>I walk through the brutal history of centralized custodial failures, explain why "holding your own keys is still orders of magnitude safer, and extract three real lessons from this recent disaster. This is about keeping perspective, learning the right lessons from pain, and making Bitcoin self-custody stronger, not weaker. </p>

<p><strong>Chapters</strong> </p>

<p>(00:00:00) - Intro </p>

<p>(00:00:41) - Is self custody pointless </p>

<p>(00:03:07) - Only tradeoffs exist </p>

<p>(00:05:16) - History of exchange hacks </p>

<p>(00:08:27) - Custodial total losses </p>

<p>(00:08:27) - Not your keys </p>

<p>(00:09:35) - Coldcard loss in context </p>

<p>(00:10:55) - Bitcoin as antifragile </p>

<p>(00:11:46) - Open vs source available </p>