Episode
Bitcoin Is Getting Distracted… And That’s Dangerous
- Podcast
- Bitcoin Success School
- Published
- Aug 15, 2026
- Duration seconds
- 1944
- Processing state
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Summary
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