BTC

Mindless_Jeweler8048

Lol don't use coinbase that's for sure!! I would stick with a self custody wallet if I wasn't gonna buy a trezor but yea forget exchange if it's any decent amt of BTC for sure idk why I even put exchange on there 🤣

Romanizer

The two first positions were reported as one sale of around ~3,500 BTC.

OkProject2361

I’m starting the process for this now. I’m not technical enough to to keep up with this. AI models will only continue to become more powerful. I can’t risk it anymore. This is a huge blow to BTC.

loupiote2

But as soon as you initiate a BTC tx, the firmware has the cabability to steal your coins.

Coininator

https://www.blockchain.com/de/explorer/addresses/btc/bc1qnk4zh9qcnap2mycp56qjrgza3cc8ylrh8fecp0 In the first 15 minutes, 500 addresses were drained 594 BTC and all coins sent to the address linked above. My guess is that this was just a batch of the 500 most profitable addresses, with more such batches of 500 being exposed.

BeginningMost6014

that is the sole argument a Bitcoin purist will use regarding not using an ETF. I, personally, think the pros outweigh the cons and alternative options. I'm a pragmatic investor not ideologue (not hating ideologues - just not why i own BTC).

Whatnam8

Yes the direct deposit and I have a small amount of recurring buying going on too with the supercharged function for when BTC dips decently

AutoModerator

Post is by: sylsau and the url/text [ ](https://goo.gl/GP6ppk)is: https://inbitcoinwetrust.substack.com/p/the-bitcoin-entropy-nightmare-coldcard **🚨 $38 MILLION IN BITCOIN STOLEN. 🚨** Not by a phishing link. Not by human error. By a fatal hardware wallet bug. Nearly 600 BTC have been drained due to a critical low-entropy flaw in ColdCard wallets. A firmware bug dropped seed generation from an unbreakable 128 bits down to a predictable 40 bits. That means your "random" words can be brute-forced by a hacker's script in a matter of minutes. **ARE YOUR FUNDS AT RISK?** Ask yourself these 3 questions: \- Did a ColdCard Mk3 generate your seed words? \- Did you NOT use a passphrase? \- Did you NOT roll your own words with dice? **If you answered YES to all three... MOVE YOUR FUNDS NOW.** Even to an exchange if you must. KYC and taxes are downstream of losing absolutely everything. Read the full security breakdown, mathematical deep-dive, and emergency remediation guide right here: 👇 *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

reddit4485

> no evidence that anyone's funds have been stolen because of this bug. This statement is wrong! Before any articles about this someone posted about their bitcoin being drained on a ColdCard (see below). Redditors analyzed the transaction and found 594 BTC were drained from over 500 wallets and transferred to a single address. The CEO of ColdCard initially denied this was their fault and said it was a user error. Then, by the end of the day, they acknowledged its a vulnerability and others replicated the hack. https://old.reddit.com/r/Bitcoin/comments/1vatgl4/full_panic_one_of_my_wallets_was_drained/

DryPufferFish

I have seen an estimation around 590-600 BTC (some 40milion USD) but I guess it still could be larger? Not really sure how would they have access to exact data.

Filmexec21

If I transfered my BTC to Kraken would I be okay? I have a Coldcard Q, and it sounds like it is compromised. I was going to send my BTC to my Trezor or Ledger but from what I read that will not fix problem.

Hoppy-01

Likely AI helped find the bug, humans (or their scripts) stole the coins. Coinkite said their open-source code has been public for years, so they assume someone used AI to review old firmware versions and spot the weak RNG. Their own AI code review a few weeks earlier missed it. The actual drain — sweeping \~594 BTC from \~500 wallets in 25 minutes — was done by attackers who then used those weak seeds. That’s standard human-operated (or script-driven) theft once the keys are known. No evidence of a fully autonomous AI agent doing the on-chain moves. Firmware patch was issued and is available.

bigsequence

For real. I just drove 5 hours to check my account. Thank Fack I was not drained, transferred BTC out. My heart goes out to ones that were affected.

fan_of_hakiksexydays

Keep in mind, the $200M net inflow for July is the record lowest inflow that BTC ETFs has had, so it's not an impressive number. It was teetering all month on the edge of net outflow, and got rescued at the last minute. We've had mostly outflow all year, and we're talking in the Billions. $200M is a drop in the bucket in comparison.

DangerHighVoltage111

I have no timeframe, the sooner the better. Could be through a slow process of local pockets or through a big financial crisis. Because it is better money. All the arguments that get made for BTC are actually true for BCH. Sound money you own, control and can transact without a third party, for everyone.

IllllIIlIllIllllIlll

Only 594 BTC (so far), no big deal!

Nossa30

Safe? I hope so. But they are insured so you can aeast get the value back in cash. You definitely won't get it back in BTC.

fan_of_hakiksexydays

Then other miners would replace them. Miners aren't irreplaceable. But I'm assuming you mean if miners stopped, and somehow nobody replaces them. Then yea, blocks would stop, and there is no chain anymore. It would become frozen. But there's still a far better chance of you seeing your bank freezing than ever seeing BTC freezing. Even if interest was to completely die out, and it went back below $1.

missourifats

This is the takeaway. We tend to think of freedom as a one way street. There are new problems, pitfalls, and responsibilities that accompany freedom. We often like to pretend they dont exist. I was just thinking this exact thought as I sit here and wait for the biggest BTC transaction ive ever pulled to show up into a non cold card wallet. "This is the business we have chosen"

jilinlii

I use both Trezor and Bitbox02. Both offer BTC-only firmware. Look into them if you're interested.

hugo_posh

When you sees go talk to them because i just know she's been called by "the IRS" and told to deposit 10k in BTC.

Enrrabador

And people used to say Coldcard was the safest because it was BTC only…

Roy1984

She actually came to sell BTC that she bought at >$100k price...

TheDickrickerAccount

It literally does though. Did you read it? “…we will be enabling bitcoin as **a** default payment method…” In the Sqaure merchant account, you have a menu to choose your default payment method for customers. Sqaure is now enabling bitcoin to be chosen from that list as “a“ default payment method. This does not mean BTC will be the default moving forward. Just that it’s now an option for merchants to choose it as a default method.

xiskghferx

Agree. I would actualy use existing Coldcard, create new seed with dice, add passphrase and transfer BTC to new wallet. But he needs to know exactly what he is doing, otherwise he would hack himself...

fan_of_hakiksexydays

MSTR and STRC might be up there as some of the dumbest things to ever hit this space. It's purely greed driven schemes. While I'm glad Saylor helped pumped my bags last year, it's not what I got into BTC for. And I'm also not liking how it's controlling such an increasingly massive share of the active supply of BTC in the market. I don't know if people realize it, but they are controlling far more BTC than FTX and Luna ever had combined. Despite the drop in price, Strategy's BTC holding are still worth way more than the total market capitalization of Luna and FTX at their peak.

pysirlabs

whale wallets selling doesn't automatically mean bearish btw - a good chunk of that 10-10k BTC cohort movement is usually just custody rebalancing or OTC desks moving to cold storage, not actual spot dumps into the market. the eth etf inflow number is the more telling signal here since that's fresh money actually choosing to enter, not existing holders shuffling around. are you seeing this show up in options positioning too or just spot/etf flows so far?

suspicious_Jackfruit

I would argue most actual cypherpunks from times of old are fully aware of the quantum threat due to their exposure to it in cryptography, everyone who is BTC ride or die now is just liquidity for someone elses exit. People are so tribal, it's incredibly dumb

Callout_Official

Bear markets are when people actually start caring about probabilities instead of hopium. "Stick to BTC unless you have real alpha on alts" is basically the same lesson as prediction markets — only bet where you genuinely have an edge, skip the coin-flips

EyesFor1

The BTC will be trackable to a certain extent.

theincognito66

Due diligence is really important in this space. It's apparent to me that there was this obvious vulnerability that should have been caught many years ago. But also, there were advisements to "roll dice" and add passphrases to these seeds that were generated initially. Those who did that are not affected. But no, the company does not carry enough E&O liability insurance to cover this kind of event. They can and should be sued as they are definitely negligent. But the folks that lost their BTC will need to mourn their loss and start over

IBAN-IBON64

BTC HODL DCA mais pas sur ces distributeurs

Gangaman666

Yeah sell that old woman, to buy more BTC 👀

quintavious_danilo

Bitbox02 BTC-only edition. Best on the market.

Badj83

Men I am so glad I sold the BTC I had on my coldcard to buy some ETF instead.

Itur_ad_Astra

- End of the month. - Friday. - BTC/ETH failing to overcome resistance for weeks. Yeah, this weekend is going to be a bloodbath. You know it, I know it.

No-Setting9690

BTC is same gamble. No different than stocks really either.

Opsacyad

If you also understood, then you would have sold at 120k and never touched any shitcoins again, BTC included.

OrdinarySmoke3176

Trezor BTC only. Please don't avoid big name players specially these OGs

Donniejuanny

She’s not buying bitcoin for herself. She’s being scammed on Facebook or some other platform and sending the untraceable money via BTC to a Nigerian Prince. No doubt !

BestialitySurprise

I wouldn't eat the 7.5% APR to hold more BTC for the short-term. When Covid hit, If I thought that was a good investment, I'd go take out a couple million and buy right now. But despite that I have a line of credit with my bank and easy access to loans for my house and warehouse, prime rate right now is a bad deal with assets collapsing. Now is the time to play it safe and buy in when everyone is in a panic. BTC hasn't seen the full brunt of a recession, yet. It will not be impervious to the demise of the financial sector.

BestialitySurprise

You have nothing to worry about. This is still a bear market. It's going to fall down more going into the Fall and probably next year, just like how most assets are going to be collapsing when the financial sector starts to cave. We're already seeing all of the AI investment momentum is running out of steam and that it's way over-valued, despite that companies are still making money. There's going to be a lot of people like you selling to get cash that they need. Wait and buy back in at the $50\~$55k range. It might even go lower. I sold all of my recent $58k buys at 63\~64k and haven't flinched over it slightly rising up to the 66\~67k range. It's peanuts. I just sell my mining revenue as soon as it comes in because I'm still super bearish on all assets, including BTC. I'm pretty much all government bonds at the moment and buying BTC only when it suffers a huge dip, looking for a small gain before bailing back out. I'll be dumping a lot of money in and holding soon, though.

HSuke

Even investment companies like Berkshire Hathaway invest in **other** companies that produce **real goods and services** for real customers. Down the chain, it's involved in real value creation for external customers. MSTR, STRC, and BTC are circular investments that don't produce real value or utility. BTC is a negative-sum game for investors. Some investor value is being permanently lost to mining and electricity/e-waste.

MrMoo151515

Sorry it happened to you man. I was actually thinking about you falling asleep last night and can’t even imagine being in your shoes with no real recourse. I did the same thing. Similar set up. Thought I was doing the right thing. Air gapped etc.i just happened to be using the MK4 which I know is still compromised it just happened to buy me time for my new set up. I truly am sorry it happened to you. I wish I was wealthy and could just replace what got stolen. I’m wondering if we as a community can set up a go fund me for you. I’d be happy to donate at least some BTC

Affectionate-Pay3813

I’m in the same boat as you, all my BTC is with a large institution. My assets are insured under my brokerage and they’re also insured by the institution. BTC is large, but these institutions have far larger assets.  I understand why some want to self custody and others like me would rather not. I don’t think we should argue with each other, it helps BTC in the long run. 

stanley_fatmax

No, they either had ethics or some reason, but they only took amounts from wallets with more than 1.5BTC

Local_Economy

Ledger leaked customer info their tech didn’t fail leading to losing all your BTC I trust ledger now more than ever. Everyone dunked on ledger and moved to coldcard and how’s that working out?

Prize-Bug-3213

But those companies BH own generate cash, or are expected to. BTC will never generate income.

Logical_driver_42

Honestly I think coldcard is fine. If you rolled dice you are fine and the rapid response from coldcard makes me trust them in the future. Unfortunate for these people but they really weren’t following best practices. In multiple ways you are supposed to add dice rolls and you are supposed to never use the same wallet twice which all these people neglected. It’s a reminder that when you hold BTC it’s your responsibility.

The_Bitcoin_Act

For now, 594.48 BTC.

Necrogomicon

Check your BTC and move it to an exchange xd

Themeatmanofdoom

This is why I also hold QRL along with my BTC and ETH.

user_name_checks_out

Same here, then later I read that it went up to BTC 1,000, but I can no longer find that post.

Specialist_Trust4945

Binance is not an ETF. Binance is a CEX (centralised exchange), an ETF is a financial instrument that tracks BTC's price such as [BITC](https://www.justetf.com/en/etf-profile.html?isin=GB00BLD4ZL17#overview) by CoinShares or [IB1T ](https://www.justetf.com/en/etf-profile.html?isin=XS2940466316#overview)by iShares aka BlackRock.

markjborg

Wish to have it only mostly for BTC :)

0100000101101000

“…and move the BTC” I’m giving advice on how OP can transfer their coins to a new wallet without a Coldcard for whatever reason they don’t have access to it. Everyone else somehow understood that but you.

evcm7

i read 594 total BTC

SoullessGinger666

Historical BTC lost by ETF's: $0 People like you are impossible to debate because comparing ETF ownership which is regulated by the SEC and insured by the US government, versus private custody with no Imsurance which has no regulation at all, is just mind boggling.

RetiredAvocado

Love electrum, great hot wallet. For 0.007 BTC, sure. Did you audit the code though? I can't. If you can't audit it then you're trusting others looked at it. For large amounts I'm using hardware. I trust HW more than I trust my PC not to leak keys. We both trust these things will generate keys properly.

Rough-Suggestion-294

Worth knowing before you plan a big one: "accepts Bitcoin" and "accepts your Bitcoin" are not the same claim, and the gap is almost never disclosed on the product page. Sotheby's is the clearest example. They do take BTC, ETH and USDC, but only on lots specifically designated for it, and their own bidder guidance states payment has to arrive from one of five named custodial exchange wallets (Coinbase Custody Trust, Coinbase Inc., Fidelity Digital Assets, Gemini Trust, Paxos Trust), from a single wallet, after photo ID is on file. A payment from your own hardware wallet is refused. So the person most likely to be bidding is the one who can't pay. TAG Heuer is the opposite shape: they will take self-custodied crypto through BitPay on the online boutique, but their US terms cap the whole purchase at USD 10,000, which isn't mentioned anywhere near the products. Pavilions Hotels publishes a proper crypto page covering 28 assets, and then excludes its Bali and Phuket properties from it. Two of the best known hotels in the group, carved out of the group's own policy. None of that is a rail limitation, incidentally. BitPay's own terms say plainly that it has no access to or control over crypto in your wallet and doesn't provide custody. Where a merchant demands a named custodian, that is the merchant's own source-of-funds policy, not the processor's. Practical version: for anything meaningful, read the merchant's actual terms page rather than the "we accept Bitcoin" badge, and ask which wallet before you commit. The constraint clusters at auction houses and banks, the places with the heaviest source-of-funds duty, and is rare at dealers and hotels.

NinjaEnt

Why? Because she's getting scammed into buying and sending BTC to someone?

Biocognition

We are either in a long crypto winter, which some see as a time to buy. I have been in crypto a long time, and this is definitely a bad one. When it ends, whether that be another huge rush to come or another downslide is anyone's guess. If you are firm believer, it is your money, and I would say the best bets (literally, because that is what this is) are likely BTC and ETH... maybe SOL. However, I would recommend finding a solid company and investing in its stock right now over crypto. Just my opinion, though.  Again, anyone's guess, and it is possible  I look back at this comment I left and say to myself, "Wow, should have bought some crypto at that time." It is also possible I look back at my comment to this thread and say to myself, "Wow, so glad I didn't jump back in."

Abject-Stretch-1187

I’m down to bet the equivalent of half a btc or one BTC(which do you prefer)? As I would rather bet using BTC than cash unfortunately.

SpareEconomy1849

I agree. I doubt businesses that hold hundreds of BTC keep it all in one wallet, multisig or not

Biocognition

I would add ETH to that big if as well. Better utility than BTC, but yes, BTC could continue to be a sort of "digital gold."

Potential-Phrase-159

BTC under $35k by 2029 — remind me later. 

Frosty-Panic

And to think I got mocked in the coldcard subreddit years ago when I refused to buy their products because I didn't want to have to pay in BTC. So glad I never made that purchase

jclaslie

It's not a classic one. In general this is just Saylor longing BTC at 3x for free. If he makes money on his bet he gets more money, if he ends up rekt it wasn't his money to begin with. A rare win-win for one guy and one company

41VirginsfromAllah

I see math is not your strong suit. If the hash price increased $4, it is up a little over 14% (4/28). BTC has increased from a low of 57k to 64k that’s an increase of 12% (7/57). The increase to the hash price is higher than the increase to BTC price.

powni_

Yep correct, and the fee market is basically doomed. Self-custody is a pipe dream. Btc is mostly managed by custodians, with everything settled internally via IOUs and UTXOs consolidated as cost-effectively as possible. Even Big Players choose custodians because of the asymmetric risk of self custody — No significant fees OTC trading — No fees Lightning — Basically no fees Stuff like Ordinals, caused extremely short-lived fee spikes and no permanent fees Stupid narratives like “store of value” also no fees... people don’t want to use BTC because it’ll be worth more tomorrow. ETFs are parasitic, effectivly no generation of fees while billions get moved around and Blackrock has basically zero exposure to the risk of Btc but earns a ton with it. There is no killer app or killer marketplace that would or could generate strong demand for blockspace — no fees Security budget problem will kick in soon.

HSuke

A Saylor scheme is when you take investment capital from shareholders and instead of actually investing it, uses it to pay another group of shareholders. And vice versa. 1. They sell MSTR to pay for STRC dividends 2. They ATM STRC above $100 to buy BTC, which increases MSTR value It's circular.

l33tbronze

ELI5 - what happens on Oct 4 when BTC is 30K? Everyone BUY BUY BUY what does the market do? Does the price change? Crypto is too big brain for me.

HSuke

**A Saylor Scheme** is Ponzi-adjacent. Design-wise, they are very similar. The main difference is that Strategy openly-discloses its actions while a Ponzi scheme lies about what it does. ####**Ponzi Scheme**: Shareholders are **directly** paid by other shareholders. The scheme is hidden behind fake accounting and fraud. New shareholders pay old shareholders. ####**Saylor Scheme**: Shareholders are **both directly and indirectly** paid by other shareholders. The scheme is publicly visible, but hidden by financial complexity. 1. Group A directly pays for Group B: New MSTR shareholders pay for STRC dividends. (Though recently in July 2026, there was a BTC sale that paid for STRC dividends). 2. Group B indirectly pays for Group A: New STRC shareholders pay for BTC (via ATM when its price is over the $100 par), which indirectly increases MSTR value Similar to a Ponzi scheme, there are no external customers increasing shareholder value. Unlike a Ponzi scheme, Microstrategy can also legally pause dividend payments for STRC indefinitely, so it has a mechanism to temporary prevent a complete collapse of the company if there are no more new investors. Thus a Saylor scheme is not a Ponzi scheme, but it has significant similarities.

eltuna3636

The “not your keys” crowd is already dwindling by the day, I predict that in 10 years almost all BTC will be held as ETF’s and that people using self custody will be viewed the same way as “cash under the mattress” types are today

crustyrobots

Without the steady fee revenue that was supposed to be there by now, miners are stuck with mostly block subsidies which are only getting smaller and smaller. Without fee revenue, or BTC appreciating in fiat price continuously, they're going to start finding themselves pretty screwed.

crustyrobots

Bitcoin has always had this security hole right in its head and its been largely ignored by the cultists for years. Fee revenue never amounted to dick because the chain was never scaled meaningfully to have the millions of daily, spending users it needs to make up for the block subsidy running dry eventually. Then BTC just became more institutional where its mostly parked in accounts and silo'd by Blackrock etc, and doesn't need to move around much to lock in this dysfunction.

_kidrah_24

This was my first cycle so i didn't understand only when to take profit but one good thing i did is DCA and right now i am staking BTC , ETH , SOL and in alts i am staking REKT and CHECK tokens .

Specialist_Trust4945

>People expect that the hardware wallet which is the favorite of BTC maximalists would be safe. Then they are delusional. If you're so keen on self custody, you'd also have to DYOR on what could go wrong. If you don't... well, I feel bad for you but you're just waiting for something to happen to your funds. >Passphrases are super problematic and shouldn't be necessary. True. It's just another level of protection if you somehow fuck something up and expose your seed phrase. If you do everything right, it's absolutely overkill and not necessary.

Long_Illustrator_988

None of that is basic opsec lol. People expect that the hardware wallet which is the favorite of BTC maximalists would be safe. Passphrases are super problematic and shouldn't be necessary.

WorldlyCaramel3793

Does it mean there are more buyers for ETH ETFs and BTC token than BTC ETFs and ETH token

Ill_Vacation_3503

Not FUD sadly, it's remote. Seeds generated on 4.0.1+ firmware came from a busted RNG, that's the 594 BTC sweep. New firmware won't save an old seed btw, you need a fresh one and move your coins. 'd go Passport, only one with published audits and open hardware. Coldcard weirdly still #2, five year old bug but they patched same day. Rabbit hole with sources: https://inteldo.com/s/1d9aca16-5f1d-4459-ad59-da81b0cb43dc

crustyrobots

A ponzi is when you take investment capital from people and instead of actually investing it, steals it and uses some of the money to pay off the last suckers. This isn't really what Saylor is doing, its more like a really shitty hedge fund whos entire model was based on BTC being $500k by now. It didn't do that, and now the corporate timers are ticking on all the debt.

KatzeWolf

"BTC Only wallets are more secure because there is less code to vet"...

zante2033

We moved from http to https gracefully over a number of years because, despite being partially distibuted, the web has enough centralisation and standards to remain coherent. BTC can't do that without forking, and when the wallets on the existing chain start getting emptied, confidence will be so low it won't matter anymore.

Mindless_Jeweler8048

I think BTC is the worst and eth maybe but BTC was supposed to be the truly decentralized anon currency, lol those days are long gone

WellPayed

Warning to coldcard users who havent heard the news, seems to be an exploit 594 BTC drained

Logical_Lemming

Zcash pulled a 10x in a year off the privacy narrative. XMR/BTC is up 100% in a year. I'd say people still care about privacy.

robyer

Your specific BTC UTXOs are only "quantum safe" as long as they sit idle on your address. The moment you try to make a transaction they become vulnerable. That's not really safe. That's like saying "I have a knife that is always sharp - well, unless you use it for intended purpose of cutting things, at which point there's chance it becomes dull instantly before you cut anything) Are we both living in different universes? Last time I checked there was not even BIP proposal for specific PQ solution. If you are talking about BIP360 and 361, they are dealing with different thing and don't specify any PQ scheme. So there's definitely nothing "ready to be deployed". Google recently shortened their PQ migration deadline to just 2029. Roadmaps of some quantum companies (like IONQ) indicates that they could have powerful enough quantum computer to break ECDSA in 2028/2029. I don't think you will have that much time to wait for 2030s to start taking this seriously. Btw, Ethereum is also trying to have PQ upgrade ready (but without migration) in 2029 according to their roadmap.

dkayt

Will the company compensate their customers who lost their BTC because of their product?

HUT2Moon

Their only strategy is buy BTC. It is an insane business model.

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Actual-Ad2198

Yeah exactly. That’s basically what I was getting at. BTC price recovered, but miner economics didn’t recover nearly as much. Hashprice shows that gap way better than just looking at spot price.

Actual-Ad2198

Fair point. I’m not saying miners need sympathy, just that miner economics can still be useful to watch as part of the network. Difficulty adjusts, weak miners drop out, and the rest survive. I just don’t think BTC price alone tells the full story.

AttentionWeekly3983

Hashprice is the metric that actually matters for miner health and nobody seems to look at it until they start turning off rigs $32/PH is still rough territory considering the halving cut everything in half, the BTC price would need to be way higher to offset that

robyer

Takes one day including the design and implementation in the core? Getting consensus for it too? And deployment to all the nodes around the world? Oh, and implementation into all wallet apps? Including the hardware ones which currently don't even support PQ cryptography in software layer (and not mentioning lack of hardware chips with PQ crypto support, as it will be extremely slow otherwise). And the migration. Not only every user needs to do an action - which will be extremely slow and long process on its own, years even. Many addresses are already lost or abandoned. Especially the very old addresses from Satoshi era, holding million(s) of coins. And these won't be migrated at all. So you need a mechanism to neutralize them - lock/burn them - which will also be hard to take consensus on, and then you need to give people enough time to migrate (ideally at least few years). Also vulnerable are not only legacy schemes, but also simply reused addresses. So in total it's estimated that about 30% of whole BTC supply is vulnerable. So if you think you will go to sleep one day, and when you wake up the other day that whole Bitcoin ecosystem will be suddenly PQ safe... that would be just you still dreaming.

OneMiners_Marc

Honestly, the biggest lesson for me was learning not to panic over every price swing. BTC taught me to zoom out, think long term, and only invest an amount I’m comfortable holding through the rough days. It also made me realize that constantly buying and selling doesn’t always mean you’re making progress.

Strong_Judge_3730

BTC is never been about mass adoption. Its about giving people a way out from losing their buying power due to inflation and giving them back financial freedom.

Strong_Judge_3730

The more money you have the harder it is to launder funds, so time will not really solve that issue. Small amount of money is easy to launder, but billions is much harder and its just much easier to get 10-20% cut of it legitimately. Feeding it to mixers slowly over time and using it p2p is difficult. Also don't assume buying gift cards and other p2p services will protect you. BTC -> Bitrefill -> UberEATS will basically link stolen funds to your IRL identity and you only need to screw up once. You cant treat p2p as a blackbox because realistically its not.

BakingBreadBB2

BTC is a global asset and ETFs are just a small piece of the puzzle. Curb your expectations lads

SimpleMoonFarmer

If MSTR increases BTC per share by selling MSTR and buying BTC with mNAV > 1 (market cap of MSTR > BTC holdings of MSTR) then when it's the other way around (mNAV < 1) MSTR would increase the BTC per share by selling BTC and buying back MSTR stock with that money. They should do that, no?