We should pray for everyone who has suffered devastating financial losses or severe emotional stress caused by this crises. Our hearts are truly filled with sympathy with and concern for them. We should pray for each other, as hodlers, who are watching the purchasing power of our savings be negatively impacted by the chaos and bad press. We should pray for the wider Bitcoin wallet industry, as they are going to be collectively tainted by these errors they hold no responsibility for, and will be left to repair the industry's reputation. We should pray for @N and the employees of Cold Card. That they and their families remain physically safe, that they resolve the crisis in a judicious and swift manner, and that they make a sincere attempt at restitution for the widespread suffering their negligence and competence created. Amen. 🙏

High concentration gives you a similar risk level, regardless of the asset. It's unreasonable to expect normal users to become cryptographers. Better to expect them to diversify wallets. Best to diversify wallets _and_ assets. And invest in the people around you. Surround yourself with people who would continue to care about you, even if you were broke. They remain your best insurance against all risk and **we have no idea what man-made horrors are fast approaching us**. This was just the warning shot.

This is looking a bit ironic, today. Hope the donated funds weren't on their own HWW. View quoted note →

More young people want blue collar jobs, due to the rise of AI, as they are considered more future-safe. View quoted note →

This craziness, again. View quoted note →