Same. I helped him (master’s degree, tradfi background) purchase and gave detailed and emphatic instructions not to lose his seed. He did anyways and is now decidedly anti-bitcoin for… reasons.
https://www.citadel21.com/why-the-yuppie-elite-dismiss-bitcoin
Scoop a jar of water out of the ocean and put a lid on it...Study it in its segregated state.
Where is the ocean in that jar?
Where are the tides and the currents?
Pour it back into the ocean and it returns to its integrated state. The temporary entity no longer exists.
#JedMcKenna
I blame Cramer.
“I hope you have a nice adventure. It ends, you know.”
#JedMcKenna
A shot of electrifying energy to kick a lazy cozy Sunday 💥
[📹 the.tattooed.barista]
https://video.nostr.build/2a6c9947bf2b5b61ef57568339fa826f2179ead45f295d867bb82108c2f8d150.mp4
#coffeechain
#DeathBeforeDecaf
Is there a daily/weekly limit in nostr:npub1ex7mdykw786qxvmtuls208uyxmn0hse95rfwsarvfde5yg6wy7jq6qvyt9 like there is for nostr:npub1cashappn03s3cl2ljsdntv0v28e2um5lgx4vjctqjt23pcwzjhsqmtdg5l?
You are doing great. Here’s another example that may help you consider what’s going on.
#bitcoin #nostr #introductions
Honestly, just spending less time on apps is also a really nice alternative.
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.”
He co-founded the company.
What is your point, exactly? That if he had a Coldcard he wouldn’t have been a target? Or that he wouldn’t have lost a finger?
He’s the cofounder of Ledger, in case you didn’t see that.
This is legit scary. Kidnappers would know that Balland has a strong security practice. Perhaps his threat model included a decoy wallet that was enough to satisfy these criminals?
We can use a multi-sig service like nostr:npub1casacasahesdrpu6npfth2t0ae37a2cdwwg3c4fkt30v7gzffx3q7wtzdc from, but nothing can really stop a determined criminal…. I guess that’s why nostr:npub17u5dneh8qjp43ecfxr6u5e9sjamsmxyuekrg2nlxrrk6nj9rsyrqywt4tp is always armed to the teeth?
If I may argue for nuance, rich people like doing business with *competent* people. Wealth is a mere signpost for competence, and often not a reliable one.
As for douchenozzle, I think we can all see right through this video as little more than a desperate attempt to *appear* both competent and rich. The irony being that most competent and rich people don’t feel the need to make videos explicitly stating as much… though, then again, isn’t that what people are doing on LinkedIn all the time? Moreover, isn’t all social media basically, “Hey check *me* out, don’t you think I’m awesome?” LOL.
I’m Gen X. So, I guess I should just shrug and say, “Kids, these days, amirite?”