# Bitcoin Is Getting Distracted… And That’s Dangerous

Page: https://stenobird.com/podcast/bitcoin-success-school-7669520/bitcoin-is-getting-distracted-and-that-s-dangerous
Text version: https://stenobird.com/podcast/bitcoin-success-school-7669520/bitcoin-is-getting-distracted-and-that-s-dangerous.md
Podcast: [Bitcoin Success School](https://stenobird.com/podcast/bitcoin-success-school-7669520)
Published: 2026-08-15T07:00:00+00:00
Episode link: https://api.riverside.com/hosting-analytics/media/fbcd6b5d2571774878541ce624a725089417a40c9cf275cf2ede91ff35587754/eyJlcGlzb2RlSWQiOiI0YjJhYmMxMi1lYjliLTQ0MTgtYjcxZC0wOTdlODk3YTM2N2QiLCJwb2RjYXN0SWQiOiJlYjdmMjU3NS02YzlkLTRkZTQtODMxNy02YTZmYmNjM2VjZWEiLCJhY2NvdW50SWQiOiI2NzdmZjg0ZDI4MTNiN2JjNjE4ZTIyZTEiLCJwYXRoIjoibWVkaWEvY2xpcHMvNmE3ZmMxMmFiZTFmMWY0YTg4Zjc4Yzc5L2Zpbi1jcmVpZ2h0b25zLXN0dWRpby1jb21wb3Nlci0yMDI2LTgtMTVfXzMtMzAtMTgubXAzIn0=.mp3
Audio file: https://api.riverside.com/hosting-analytics/media/fbcd6b5d2571774878541ce624a725089417a40c9cf275cf2ede91ff35587754/eyJlcGlzb2RlSWQiOiI0YjJhYmMxMi1lYjliLTQ0MTgtYjcxZC0wOTdlODk3YTM2N2QiLCJwb2RjYXN0SWQiOiJlYjdmMjU3NS02YzlkLTRkZTQtODMxNy02YTZmYmNjM2VjZWEiLCJhY2NvdW50SWQiOiI2NzdmZjg0ZDI4MTNiN2JjNjE4ZTIyZTEiLCJwYXRoIjoibWVkaWEvY2xpcHMvNmE3ZmMxMmFiZTFmMWY0YTg4Zjc4Yzc5L2Zpbi1jcmVpZ2h0b25zLXN0dWRpby1jb21wb3Nlci0yMDI2LTgtMTVfXzMtMzAtMTgubXAzIn0=.mp3
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JSON: https://stenobird.com/v1/public/podcasts/bitcoin-success-school-7669520/episodes/bitcoin-is-getting-distracted-and-that-s-dangerous
Duration seconds: 1944

## Resource

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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## Transcript

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