JayLeClay on Nostr: You’re right, I *am* missing it. Are you saying that Coldcard is better because ...
You’re right, I *am* missing it. Are you saying that Coldcard is better because it’s more private?
I just don’t get how that would have avoided this attack on him. It doesn’t matter what wallet he used (though it would make sense that, if he used multiple, at least one of his wallets would be a Ledger).
What matters is that he is a wealthy and well-known co-founder of a crypto company, who also made an error in judgement with a flex by posting photos of his house online. To me, this doesn’t bear any weight on the brand of wallet one chooses. Rather, it emphasizes the importance of keeping a low profile.
In Balland’s case, as with all crypto-focused companies and (soon) all companies that hold bitcoin on their balance sheets, the implication is that these individuals have access to what stupid criminals still believe is untraceable — despite bitcoin being recorded on a public blockchain and thus repeatedly proven as being the WORST place to commit crimes, regardless of what Elizabeth Warren and Digiconimist say.
PSA: It’s okay to talk *about* bitcoin but, to paraphrase Tyler Durden, “The first two rules of bitcoin are YOU DO NOT TALK ABOUT *YOUR* BITCOIN.”
I just don’t get how that would have avoided this attack on him. It doesn’t matter what wallet he used (though it would make sense that, if he used multiple, at least one of his wallets would be a Ledger).
What matters is that he is a wealthy and well-known co-founder of a crypto company, who also made an error in judgement with a flex by posting photos of his house online. To me, this doesn’t bear any weight on the brand of wallet one chooses. Rather, it emphasizes the importance of keeping a low profile.
In Balland’s case, as with all crypto-focused companies and (soon) all companies that hold bitcoin on their balance sheets, the implication is that these individuals have access to what stupid criminals still believe is untraceable — despite bitcoin being recorded on a public blockchain and thus repeatedly proven as being the WORST place to commit crimes, regardless of what Elizabeth Warren and Digiconimist say.
PSA: It’s okay to talk *about* bitcoin but, to paraphrase Tyler Durden, “The first two rules of bitcoin are YOU DO NOT TALK ABOUT *YOUR* BITCOIN.”