# How Bitcoin ACTUALLY Dies | Luke de Wolf Page: https://stenobird.com/podcast/the-bitcoin-way-podcast-6843432/how-bitcoin-actually-dies-luke-de-wolf Text version: https://stenobird.com/podcast/the-bitcoin-way-podcast-6843432/how-bitcoin-actually-dies-luke-de-wolf.md Podcast: [The Bitcoin Way Podcast](https://stenobird.com/podcast/the-bitcoin-way-podcast-6843432) Published: 2026-06-03T16:03:39+00:00 Episode link: https://fountain.fm/episode/QgxKOtjCd77zgGi3eHD3 Audio file: https://feeds.fountain.fm/lFHn4zNybhc78I4owxOv/items/ormQA0ySTD0GpNhAWdiL/files/VIDEO---DEFAULT---2f07d7c0-f62d-4f22-ac7d-577e2a358b08.mp4/ORIGINAL.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/the-bitcoin-way-podcast-6843432/episodes/how-bitcoin-actually-dies-luke-de-wolf Duration seconds: 3489 ## Resource πŸ”‘ Learn about our self-custody services: https://www.thebitcoinway.com/services/bitcoin-self-custody-training?utm_campaign=podcast&utm_medium=podcast&utm_source=fountain πŸ“ž Schedule a FREE call: https://www.thebitcoinway.com/contact?utm_campaign=podcast&utm_medium=social&utm_source=fountain πŸ“– Subscribe to our newsletter: https://www.thebitcoinway.com/resources/newsletter?utm_campaign=podcast&utm_medium=social&utm_source=fountain In episode #117 of The Bitcoin Way Podcast, Michael Jordan sits down with industrial cybersecurity expert Luke de Wolf to break down the real threats facing Bitcoin β€” and how to defend against them. Drawing on his book Defending Bitcoin, Luke makes the case that Bitcoin is becoming critical infrastructure, and walks through security at every layer: from individual self-custody, privacy, and multisig to the systemic risks that matter most. The conversation covers mining pool centralization, governance concentration around Bitcoin Core, financial attacks like debanking and CBDCs, and the surprising truth about how Bitcoin could actually die β€” not from quantum or a single attack, but from complacency. Essential viewing for anyone serious about understanding Bitcoin’s true security and how to protect it. Follow Luke on X at https://x.com/lukedewolf , get his book Defending Bitcoin at https://defendingbitcoin.com , and check out BTC Hel at https://btchel.com . TIMESTAMPS: 00:00 Introduction 01:46 Defending Bitcoin & the Monetary Grid 06:11 Self-Custody & Getting Off Exchanges 08:43 Privacy as a Defense Layer 10:40 The CIA Triad & Digital Security 12:00 Network-Level Threats & Decentralization 16:15 Node Threats & Implementations 18:30 Mining Pool Centralization 20:23 Decentralization as Personal Responsibility 21:57 Security v… ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/the-bitcoin-way-podcast-6843432/episodes/how-bitcoin-actually-dies-luke-de-wolf/transcription-requests` β€” Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/the-bitcoin-way-podcast-6843432/how-bitcoin-actually-dies-luke-de-wolf.md` β€” 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.