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Bitcoin Is Getting Distracted… And That’s Dangerous

Bitcoin Is Getting Distracted… And That’s Dangerous

Season 1 Episode 47 Published 3 weeks, 1 day ago
Description

The Coldcard disaster was a brutal reminder that Bitcoin security never sleeps...

In this conversation, I’m joined by long-time Australian Bitcoiner and entrepreneur Michael Dunworth to unpack what the last few weeks in Bitcoin actually tell us about self-custody, security and the direction Bitcoin is heading.

We cover:

- Why he believes Bitcoin needs to stay focused on being money
- The problem with scope creep in Bitcoin
- Bitcoin Core vs Knots and why multiple implementations matter
- Why the Coldcard vulnerability should be a wake-up call for the entire industry
- Why security is an arms race that never ends
- Whether the Coldcard situation should make people reconsider self-custody
- Why self-custody is a spectrum rather than an all-or-nothing decision

⬇️ Learn more

Need help doing self-custody properly and securely? Book a free 30 minute call: https://bitcoinsuccessschool.com

Get 5% off your MicroSeed (Seed Phrase Backup): https://microseed.io/?ref=bss

Follow/Connect with me:

- Follow me on X (Twitter): https://x.com/FinCreighton
- Follow me on Instagram: https://instagram.com/fincreighton
- Subscribe for new episodes: https://youtube.com/@FinCreighton

Follow Michael:
- X: https://x.com/MichaelDunwort1
- Michael’s GitHub: https://github.com/miked123

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