# Bitcoin Secures $1 Trillion and Has No Security Team | Luke de Wolf Page: https://stenobird.com/podcast/the-bitcoin-matrix-2537137/bitcoin-secures-1-trillion-and-has-no-security-team-luke-de-wolf Text version: https://stenobird.com/podcast/the-bitcoin-matrix-2537137/bitcoin-secures-1-trillion-and-has-no-security-team-luke-de-wolf.md Podcast: [The Bitcoin Matrix](https://stenobird.com/podcast/the-bitcoin-matrix-2537137) Published: 2026-07-25T18:56:58+00:00 Episode link: https://fountain.fm/episode/JMOqEX6kICyoNj4S1hps Audio file: https://feeds.fountain.fm/paBeJqepFBns3bT2OAtC/items/e8yEpyOQ1hHVh4LYFHS4/files/AUDIO---DEFAULT---74c64ea4-376d-44ae-ae48-8fe7ca9824b9.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/the-bitcoin-matrix-2537137/episodes/bitcoin-secures-1-trillion-and-has-no-security-team-luke-de-wolf Duration seconds: 9657 ## Resource "Bitcoin secures over a trillion dollars in value. It has no security team." Luke de Wolf is a cybersecurity professional and author of Defending Bitcoin. Luke spent his career defending critical infrastructure, the control systems behind power grids and gas pipelines. His claim: Bitcoin is the world's first decentralized critical infrastructure, and it should be defended with the same risk-management frameworks that protect the physical world. A trillion-dollar network with no security team. And Luke is a former BIP-110 skeptic who flipped to supporting it making him a moderate who pisses off both sides. We get into the CIA triad and why availability is the whole game, people as the weakest link and the Stuxnet lesson, the real cost of running a node over time, spam as a DDoS and the hidden tax on Bitcoin, the two CVEs behind inscriptions, and the full BIP-110 fight. We discuss why he flipped, the game theory of activation, soft fork vs hard fork, the intolerant minority, and whether BIP-110 even has a failed state. This is the defender's case for Bitcoin, and the fight is happening right now. Subscribe so you never miss an episode. 🎙️ GUEST Luke DeWolf — cybersecurity / critical-infrastructure professional. Co-host of the Freedom Footprint Show (with Knut Svanholm). Organizer of BTC Helsinki. Defending Bitcoin (book) → defendingbitcoin.com — free companion material and a threat-model worksheet. Pay in Bitcoin via the Bitcoin Infinity Store. Also on Amazon. Endorsements: Jeff Booth — "the cybersecurity book Bitcoin has been waiting for." Larry Lepard — "Read it before you need it." Luke on X → x.com/LukeDeWolf Conference → BTCHel.com (Helsinki, Finland) 💰 SPONSORS & DISCOUNTS 🐟 Firefish — Don't sell your Bitcoin. Live off it. Non-custodial Bitcoin-backed loans. Your k… ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/the-bitcoin-matrix-2537137/episodes/bitcoin-secures-1-trillion-and-has-no-security-team-luke-de-wolf/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/the-bitcoin-matrix-2537137/bitcoin-secures-1-trillion-and-has-no-security-team-luke-de-wolf.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.