Coddiwompler59 's avatar
Coddiwompler59
coddiwompler59@nostrverified.com
npub1lr25...lf8t
420, Bitcoin, wandering drifter, never lost, truth seeker & illustrious dreamer, freedom is everything. Retired IT project- & process nutcase."I would rather own a little and see the world, than own the world and see little of it. And if I only scrape a living. At least it's a living worth scraping.”
Again, you only have to read: cybersecuritynews[dot]com and hackersnews[dot]com to realize this world is completely fcked... And then I am not even talking about the politicians and the deep state actors that try to get us to live in 'the matrix'. But can we expect the common users and hodlers of Bitcoin to read, let alone; understand these technical information of above mentioned websites? Every person I personally explained Bitcoin, I warned about self sovereign keeping their seeds, but also try a minimum of their time reading and studying, keeping up to date on Bitcoin, software and hardware [especially computers, software, modems] and other security related issues. With holding bitcoins, YOU are the bank, the manager, the IT guy, the teller, even the guy with the gun taking care of security at your front door. But unfortunately, my advice is rarely followed. And I must say... we are often expected to be rocket scientists by these developers and hardware companies. You can attack me on anything I write here... I don't mind a constructive discussion, but anything else, I consider you part of the problem.
Any users of a hardware wallet and accompanying software, even those that claim or really have the highest security in place, and have a big list of do's and don'ts - will be indirectly compromised if their computer or smartphone is compromised. Then at a moment of frustration we might overlook the obvious warning signs and lose our assets. I believe that certain warning signs are okay - but I still believe that software designers should create hardware and software solutions with a minimal of complex warning signs. It sometimes looks we - the general, not quite more than noobs - should be like pilots, that have to follow a pre-flight manual before take-off. We are common users and cannot always be expected to think like software developers. "Sorry, we warned you..." doesn't cut it. We pay big enough money for your hardware wallets, so do your damn job and keep things KISS. In the aftermath of these ColdCard hacks, I don't feel sorry if all hardware wallets feel it in their revenues as well.... I have an utmost respect Bitcoin Red Team that is working hard to follow the trail of stolen BTC from ColdCards... I definitely have a huge respect for open source software developers who with personal dedication spend all their time creating free and safe software on Nostr or other public platforms.
In Fiat the users are hostages of the evil bankers. In Bitcoin the users are hostages of autistic Software Engineers. image
Much is said about the latest hack of the ColdCard with the stealing of bitcoins of destroying thousand of peoples life... But often looked over, is the stealing of bitcoins from other hardware wallets that have all if not most security in place, but the computers with whom the users try to do the transactions are compromised... You can do transactions day after day, week after week and everything is done safely, and then you can know of the warnings... Don't do this, don't do that... be warned about this and that... To many warnings might be become to much and then in a moment of stress and anxiety, a warning overlooked when the compromised computer gives you a hardware wallet error. This happened to me. I always expected my Linux computer to be safe, but a kernel flaw of many years took my computer over at root level... and in a moment of distraction, I made a mistake and the hardware wallet company said to me; "we're very sorry for your loss but we warned you. We take no responsibility... Bye." So the crux of the story here is: don't trust the hardware wallet - obviously... don't trust your computer or phone or any smart machine, TV or whatever, connected with the internet... But most of all, don't trust people. In the end you are standing ALONE to solve any problem or hardship ALONE.... That said; wars were fought in the past, people lost everything but their clothes on their back, loved ones... but if you have a fighting spirit... FIGHT to survive - ALONE.
Binance-linked entities Nest Trading, DistributedTechnologies and Chaintecs have sued RedotPay co-founders in Hong Kong, per Bloomberg. They claim the trio breached agreements by diverting over 470,000 users from Binance Card to RedotPay and seek $472.8 million in damages. Binance says RedotPay improperly used Binance Pay funds for its own cards, bringing in roughly $304 million. RedotPay says it will vigorously defend and operations are unaffected.
Much is said about the latest hack of the ColdCard with the stealing of bitcoins of destroying thousand of peoples life... But often looked over, is the stealing of bitcoins from other hardware wallets that have all if not most security in place, but the computers with whom the users try to do the transactions are compromised... You can do transactions day after day, week after week and everything is done safely, and then you can know of the warnings... Don't do this, don't do that... be warned about this and that... To many warnings might be become to much and then in a moment of stress and anxiety, a warning overlooked when the compromised computer gives you a hardware wallet error. This happened to me. I always expected my Linux computer to be safe, but a kernel flaw of many years took my computer over at root level... and in a moment of distraction, I made a mistake and the hardware wallet company said to me; "we're very sorry for your loss but we warned you. We take no responsibility... Bye." So the crux of the story here is: don't trust the hardware wallet - obviously... don't trust your computer or phone or any smart machine, TV or whatever, connected with the internet... But most of all, don't trust people. In the end you are standing ALONE to solve any problem or hardship ALONE.... That said; wars were fought in the past, people lost everything but their clothes on their back, loved ones... but if you have a fighting spirit... FIGHT to survive - ALONE. image
You only have to read: cybersecuritynews[dot]com and hackersnews[dot]com to realize this world is completely fcked... And then I am not even talking about the politicians and the deep state actors that try to get us to live in 'the matrix'. image