
← Swan Signal Live - A Bitcoin Show7. Aug. · 40 Min.
Coldcard Fallout, Multisig, and Why We Still Need Bitcoin
Coldcard Fallout, Multisig, and Why We Still Need Bitcoin
Brady and Isaiah open on the hardest week Bitcoin self-custody has had. A firmware change from 2021 left Coldcard seeds far weaker than advertised, and roughly 1,400 to 1,500 Bitcoin was swept, mostly from patient savers who had done their homework. They work through what actually held up, why multisig and collaborative custody came through the week intact, and what vendor selection and review culture have to do with security. Then the wider frame: the decentralized red team auditing Bitcoin's code, the awkward fact that open-weight models are doing that work, and the macro charts explaining why any of this matters.