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The Coldcard Hack: A Timeline of the $38M Entropy Failure, and How to Keep It From Happening to You

The Coldcard theft is the scariest kind of Bitcoin loss: the victims did almost everything right. A firmware bug quietly swapped true hardware randomness for a predictable software fallback, so 500 seeds could be computed rather than guessed. I broke down the full timeline, both technical reports, and the safety habits (passphrases, multisig, verifying your own entropy) that protect any wallet regardless of maker.

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x.com

https://x.com/geyserfund/status/2079584939108946095

Why Nobody Trusts the Bitcoin Rebound (And Why That Is the Point)

For four years the market assumed the biggest corporate Bitcoin holder would only ever buy. This month it paused, and filings showed it sold a $216M sliver. Everyone braced for the floor to give way. It didn't. Price climbed back to $64K while the Fear and Greed Index stayed pinned at 28. That gap between price and belief is the whole story, and it comes down to one line Wall Street would rather you didn't think about: access is not ownership.

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Lightning and BIP-110: How to not lose Sats while everyone else argues

What actually happens to your Lightning node in every chain split scenario, and what to do about it. No sides taken. My side is the Lightning Network. Disclaimer: I'm just a Node Operator, while this article contains zero AI slop, it could contain mistakes. If so, please point them out in the comments. When in doubt, verify against your own implementation.

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They Knew the Strait Would Close. That Was the Point.

Two events, three months apart. In January 2026 the US captured Venezuela's president and said the prize was oil. Then came fresh strikes on Iran and a blockade of the Strait of Hormuz. Most people file these as separate messes. I don't think they are. My new piece argues they're two jaws of the same vise on China's energy, and that the "disastrous" closing of the Strait may have been the objective all along, because planners knew it was coming before the first bomb fell. From there it goes to the bigger question: what actually backs the dollar now, why every modern war is a money story, and the one asset the machine can't print or freeze. Follow the money.

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Priced Out of the Starter Life

Under-35s today earn more nominal dollars than their parents did in 1980, yet the median home has gone from 3.5 years of income to a record 5.1, and the typical first-time buyer is now 38 years old. That isn't a discipline problem, it's a measurement problem: real wages have grown about 18% in 44 years while the dollar's purchasing power kept falling. Our new piece traces where the ground shifted for a whole generation, why the money itself is the root cause, and what it looks like to stop saving in a unit designed to shrink.

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