Chaos, Job, Galatians... and Coldcard

By Akamaister August 2, 2026

Over the past few days I've found myself thinking about four seemingly unrelated things: the reported Coldcard vulnerability, the book of Job, Galatians 6:7, and the role of chaos in our lives. The more I reflected, the more I realized they all point toward the same question: what do we make of faithful people who genuinely try to do the right thing and still suffer? This isn't really an article about hardware wallets. It's about uncertainty, resilience, honest stewardship, and why I'm still convinced that Bitcoin—and perhaps life itself—is better understood through the lens of faithfulness than certainty.

Andrew G. Stanton - Aug. 1, 2026

For the past day or so I’ve been thinking about Coldcard.

Ever since reports began circulating Thursday night (July 30) that large amounts of Bitcoin had apparently been drained from wallets, I’ve found myself coming back to the same question over and over again.

Not so much the technical details.

The people.

Many of them had spent years learning about self-custody. They got their Bitcoin off exchanges, carefully backed up their seed phrases, bought what many considered one of the most secure hardware wallets available, and patiently accumulated sats over a long period of time.

Then, seemingly overnight, chaos.

I’ve been reading reactions from across the Bitcoin community. Some are angry. Some are heartbroken. Some are trying to understand what actually happened. Others are already proposing better ways to secure Bitcoin in the future.

As I’ve been following the discussion, I’ve found myself thinking less about hardware wallets and more about people.

Then this morning, at our men’s breakfast, we happened to be discussing Galatians 6:7.

“Do not be deceived: God is not mocked, for whatever one sows, that will he also reap.”

I couldn’t help thinking about Coldcard.

How does that verse apply to people who honestly tried to do everything right?

That’s when Job came to mind.

Job didn’t suffer because he ignored wisdom. In fact, one of the striking things about the book is that it refuses to reduce suffering to a simple equation. His friends wanted a simple explanation. God never gave them one.

Maybe that’s why this Coldcard story has affected me more than I expected.

If the reports are accurate, many of the people affected weren’t gamblers or speculators. They weren’t chasing yield or trying to get rich overnight. They were trying to be responsible. They followed what many considered best practices.

Yet some apparently lost everything.

How is that fair?

That’s the question I’ve been wrestling with all day.

I don’t think Galatians 6:7 is wrong.

Nor do I think the book of Job contradicts it.

I think they belong together.

Galatians reminds us that our choices matter. Job reminds us that faithful people still suffer.

Both are true.

Ironically, all of this has strengthened my conviction about Bitcoin rather than weakened it.

Not because Bitcoin is perfect.

Rather because Bitcoin has never promised to eliminate uncertainty.

It gives us tools to reduce trust, verify independently, and build more resilient systems. Multisig, open source software, independent verification, and defense in depth all acknowledge something important:

Chaos is real.

Perhaps the goal isn’t to eliminate it.

Perhaps the goal is to learn how to live—and build—faithfully within it.

I’m still thinking about that tonight.

#bitcoin #coldcard #job #galatians #resilience