Episode
Roundtable_023 - Staying Humble
- Podcast
- Bitcoin Audible
- Published
- Aug 4, 2026
- Duration seconds
- 6953
- Processing state
not_requested- Canonical source
- https://fountain.fm/episode/SWljpBsiLCJcyGagi7xc
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Summary
In this episode, Steve, Jeff, and I walk through the catastrophic Coldcard entropy failure, how a trusted hardware wallet ended up generating weak keys, and how attackers are now brute-forcing Bitcoin wallets in minutes. We dig into AI’s role in widening the attack surface, the dangers of source-available over true open source, and our own arrogance around hardware security. I share practical steps to get your coins off compromised devices, why multi-sig saved me this time, and how we can turn this gut punch into genuine anti-fragility for Bitcoin self-custody. Chapters (00:00:00) - Introduction (00:11:36) - Reacting to the Coldcard exploit (00:15:00) - FOSS vs. source-available software (00:22:05) - Hardware fallback flaws and testing (00:35:46) - Verifying dice roll entropy (00:42:45) - Red teaming Bitcoin security with AI (00:54:13) - Physical dice rolling for keys (01:10:11) - Jack Mallers, Strike, and 21 (01:31:50) - Corporate influence and core dev funding (01:45:43) - AI and vulnerability discovery (01:49:34) - Anti-fragile security and multi-sig Guest Links Steve Simple Nostr (Link: https://tinyurl.com/3s6a8yn8 ) Steve Simple on X (Link: https://x.com/stevesimple ) Jeff Swann Nostr (Link: https://tinyurl.com/3sjc3bcp ) Jeff Swann on X (Link: https://x.com/agoristview ) Jeff Swann's petition (Link: https://www.change.org/p/help-us-home ) Affiliate Links Become sovereign, hold your keys, be censorship resistant with the Bitbox hardware wallet. Get 5% off everything in the store with code GUY (Link: https://bitbox.swiss/ ) Get 10% off the best Bitcoin board game in the world, HODLUP! Or any of the other great games from The Free Market Kids! Use code GUY10 at checkout for 10% off your cart! (Link: https://www.freemarketkids.com/collections/games-1 ) Host Links G…