Following the recent Coldcard incident, Nick Neuman, CEO of @Casa explains how Bitcoiners can build a more resilient self-custody setup by eliminating single points of failure: "I think that there's still a lot of potential for self-custody for the future of humanity." "People really need to shift their mindset when they are self-custodying their assets. You need to figure out a setup where multiple different providers, companies, security experts, are acting as a check on each other. And if one of them fails, your whole setup doesn't fail."

If you got rid of your Coldcard, you might want to do the same with your BlockClock.

Multisig Bitcoin cold storage will be the standard going forward.

URGENT: If you own a Coldcard, read this now. A firmware bug traced to 2021 has drained well over 1,000 Bitcoin, and Dante's tracking the number as it climbs, with reports still coming in. Affected: MK3, reportedly MK4, Q, MK5. Migrate if you used on device RNG.

Anthony Fauci pleaded the Fifth Amendment 111 times this week, even with a pardon already covering everything he could say. The same week, the 30-year Treasury yield hit its highest level since 2007. Hurley connects what got hidden about the money to the virus.

JASON HUGHES: "Mining is still quite centralized. That is one of the biggest risks to Bitcoin as a whole is the mining centralization." "We should never have that dynamic where the censorship resistance aspect of Bitcoin is threatened by just a couple of entities. It should never even be possible for a state actor or a handful of people to have that kind of control." "The closest you can be to the network is to mine your own blocks, self-custody your own Bitcoin and that's the way it should be with a fully decentralized network. And there's not enough of that still." @OCEAN

An Atlanta man returns from vacation. Customs pulls him aside over a protest group, demands his phone, no warrant. He gives them his passcode, a GrapheneOS duress PIN, and the phone wipes itself. He now faces 5 years for how his phone was designed.

MICHAEL SAYLOR: "Bitcoin's core design is set in stone. Protocol changes should be rare, conservative, driven by necessity, not ambition. Don't fix what isn't broken." Sophi points to a live fight inside Bitcoin about how much it should even change.

LAWRENCE LEPARD: "If Bitcoin goes to zero, fine... There's no way I'm abandoning this movement because I believe the movement's more than just about making money. The movement's about fixing the goddamn money, which is really broken and has ruined our world." "If you see something that you know will make the world a better place, it's incumbent upon all of us to try and convince our neighbors. Because this is how good ideas spread." @npub1d3f4...r4xv

A top bank says the Clarity Act isn't priced into Bitcoin yet. Japan is pulling the plug on the cheapest money in the world, the money that inflated stocks, AI, and every risk asset alive. Dante traces how Bitcoin's catalyst collided with the trade that built this bull market.

S&P just launched a crypto index. Bitcoin didn't make the cut. Their reason: it doesn't generate revenue. Neither does gold. Neither has the dollar, ever. Hurley cuts through the noise here. Bitcoin isn't failing to qualify as a business, it never tried to be one.

Stay focused on your own path. Bitcoin

Stop giving your Bitcoin to Wall Street. We got into Bitcoin to get away from them.

Bitcoin's max pain theory usually means an 80 to 90% crash. Rustin argues there's another version: Bitcoin repricing so violently upward that ordinary people get priced out entirely. Not because Bitcoin failed. Because trust in everything else failed first.

EFRAT FENIGSON: "We're seeing the creep of what's called Agenda 2030, the United Nations Plan for global control, just creeping in." "The decade of 2020 to 2030 is that transitory phase between the old world order that we know more or less from the time of Bretton Woods after the second world war to the new world order that is now coming into play." @Efrat Fenigson

Jack Mallers stepped down from 21 Capital. Satsuma is liquidating. Adam Back's SPAC just got terminated. Parker Lewis called this outcome years ago: a great way to get less Bitcoin. Rustin argues this isn't bearish, it's the market filtering paper Bitcoin from the real thing.

Jack Mallers just stepped down as CEO of Twenty One Capital, Bitcoin's second largest treasury company. Strategy hasn't meaningfully reduced its position through this bear market, while Nakamoto, built on the same model, is down 99 percent and had to sell Bitcoin to survive. Only one version of this trade needs no business model at all.

EFRAT FENIGSON: "Agenda 2030, which I say is basically a totalitarian one world government and it's a plan to control, to have inventory and control over all resources and all areas of lives." "There are 17 sustainable development goals as part of Agenda 2030... There's everything there except for human rights, which is quite funny because you would expect the United Nations to care about human rights. It does not have its own sustainable development goal, but they pretend to care." @Efrat Fenigson

Bitcoin's traded inside the same range for 47 straight days, through Iran headlines, oil at its lowest since 1984, and the biggest buyer flipping to net seller. None of it moved the price. Hurley breaks down why Bitcoin's the one market nobody's obligated to catch when it falls.

₿e a Champion. Bitcoin 🟠