# The Bitcoin Attacks are NOT About Money | Simon Dixon

Page: https://stenobird.com/podcast/btc-sessions-354141/the-bitcoin-attacks-are-not-about-money-simon-dixon
Text version: https://stenobird.com/podcast/btc-sessions-354141/the-bitcoin-attacks-are-not-about-money-simon-dixon.md
Podcast: [BTC Sessions](https://stenobird.com/podcast/btc-sessions-354141)
Published: 2026-08-13T11:02:00+00:00
Episode link: https://podcasters.spotify.com/pod/show/btcsessions/episodes/The-Bitcoin-Attacks-are-NOT-About-Money--Simon-Dixon-e3nbff1
Audio file: https://anchor.fm/s/11e95d20/podcast/play/124156833/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2026-7-13%2F429753815-44100-2-02ec26199e029.mp3
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JSON: https://stenobird.com/v1/public/podcasts/btc-sessions-354141/episodes/the-bitcoin-attacks-are-not-about-money-simon-dixon
Duration seconds: 2796

## Resource

Mentor Sessions Ep. 087: Simon Dixon breaks down the Coldcard hack, BIP-110 chain split fallout, node vs miner power, and Bitcoin self-custody security in 2026. PART 1: Simon Dixon & Doomberg - https://youtu.be/Q0P0X7j_kcA Over $100 million in Bitcoin vanished in the Coldcard entropy bug — and days later a chain split ended with the nodes defeated and Bitcoin more centralized than before. Simon Dixon joins Nathan to trace what really happened. This is the deep-dive follow-up to the Doomberg conversation. You'll learn why Simon now treats every incident as an attack "guilty until proven innocent," how the BIP-110 resistance became the most successful node mobilization since the block size war yet still failed to move the mining pools, and why he refuses to die on a hill that ends in an altcoin. You'll see how the Coldcard low-entropy vulnerability, Zeus, Boltz and BTCPay attacks fit one pattern, and hear a clear framework for rebuilding your self-custody with dice-rolled entropy, multisig, and active participation. Simon and Nathan also unpack developer centralization, the loss of Knots as a competing implementation, and why sovereignty is proof of work you can't outsource. ⏱️ Timestamps: 0:00 - Intro 0:24 - Resuming After Doomberg Discussion 0:55 - Infrastructure Attacks on Coldcard and Others 1:32 - BIP-110 and Resulting Chain Split 1:50 - UASF and Block Size War History 2:50 - Tether Fees and Scaling Debates 4:02 - Barry Silbert and SegWit2x Deal 4:51 - Nodes Defeating Miners in Past Wars 6:02 - Role Reversal With Core Changes 7:35 - Running Knots to Support Resistance 8:20 - Developer Centralization Concerns Rise 10:14 - BIP-110 Failure and Altcoin Stance 11:39 - Knots Node Adoption Surge to 20% 12:08 - Infiltration Risks and Verification 12:54 - Can Node Minori…

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