CryptoSandwich retweeted
Putting the recent $ASST rally in perspective:
The stock is still down 93% from its all-time high, set on its IPO date.
We ain't seen nothing yet. 🚀
CryptoSandwich retweeted
Hiking interest rates into a booming economy is one thing. Hiking into an oil shock and weakening economy is one of the factors that sent gold up EIGHT TIMES during the 1970's. That's the setup we are staring into right now. We are already 4x since 2015.
CryptoSandwich retweeted
This is absolutely diabolical foreshadowing.
You cannot make this stuff up.
Reality is stranger than fiction.
Pay attention.
CryptoSandwich retweeted
Two of Peter Gray’s past engineering projects, prior to becoming the CTO of Coinkite:
• Writing the firmware and software for an OEM-sold USB keylogger
• Conceiving and programming KVM-over-IP hardware for remotely viewing and controlling computers
CryptoSandwich retweeted
Looks like Coldcard was a state-backed, inside job spanning multiple years of careful planning.
The revelation of earlier tweets like the one below heavily suggests that this was long premediated by Coldcard insiders.
The heist was optimized around max public shock value and minimum discretion.
Given all the facts, we must answer:
- Why did the attacker completely disregard privacy by consolidating stolen coins into a single address?
- How did the attacker, who clearly planed this for a long time, fail to plan to cover their own tracks?
- Why did the attacker use KYC'd service providers?
- Why did Coldcard make these "wink-wink easter egg" posts about this exact bug around the same time the bug first appeared in the code base?
- If it was merely a "retirement attack," why not exercise discretion so you could actually retire?
- Why did the timing line up with major politically relevant developments like CLARITY and a bear market?
The only theory that answers all these questions well is a state-backed operation involving Coldcard insiders. It was never about the money. It was about attacking self custody, one of the core premises of Bitcoin.
I did not want to make this accusation initially even though I did suspect it. Now the evidence is on my side so I am adding the insider point to the theory.
The folks who think there is no conspiracy need to answer some hard questions:
If you think it is a script kiddie using an open source LLM like Kimi, you need to answer why he would do this but not ask Kimi or Google how to cover up his tracks despite planning at least for a few months.
If you think it was a random Bitcoin hater who doesn't care about the money, you need to answer why Coldcard put out these clearly suggestive tweets at the same time.
(Note: you can say coincidence, that's your right).
Skeptics: I would love to hear your answers!
For me the inside job theory squares all the corners and also explains the company's actions over the last few years.
- Antagonizing security researchers -> less visibility into code
- Discredit competitors -> cause confusion
- Heavily fund the marketing engine -> draw in the hardcore Bitcoiners; promote a strong brand association with self custody
- All these easter eggs + NVK hating plebs -> mock the would-be victims and create learned helplessness
All of this comes together really well to the mess we have today.
CryptoSandwich retweeted
Sometimes, trust your guts. Even when you are told it's FUD. Turns out I was right, and that instinct saved so many fucking people. 5 days later, I think I'm not needed anymore, thank you everyone who trusted me and spread the word so quickly.
I'll write a "post mortem" as I lived it, as I think it's probably going to stay as my most valuable contribution to Bitcoin. Good night people, I hope you are safe.
CryptoSandwich retweeted
Big Bank Beth @SenWarren hates President Trump so much that she’d rather have no rules of the road for the digital asset industry — leaving consumers vulnerable and law enforcement empty-handed — than take the win for consumers.
Let’s get the facts straight on her “fact sheet”:
1. She claims the blind trust is a shell game. It’s not. By law (5 U.S.C. §13104(f)(3)(A) and 5 C.F.R. 2634.403), a trustee is barred from disclosing trust holdings back to the official. That’s not a loophole, it’s literally what makes a blind trust blind. Read the law for yourself below.
2. She claims $TRUMP proves the president would create new coins. But $TRUMP launched when President Trump was a private citizen. The ethics ban applies to conduct while serving. You can’t retroactively ban something that happened before the law — or the presidency — existed. That’s how the law in the Soviet Union worked, not America.
3. She acts like Trump’s adult children running WLF is some unprecedented dodge. It’s not. Federal ethics law has never imputed financial interests from adult, independent children — only spouses and minor children. That’s not new to this bill; it’s how conflict-of-interest law has worked for decades.
The facts speak for themselves. Don’t fall for Liz’s lies.
banking.senate.gov/imo/media…
CryptoSandwich retweeted
Trump says he doesn't want war with Iran, but that's exactly what he wants, because that's exactly what Saudi Arabia, Netanyahu, al-Qaeda, Bolton, Haley, and other NeoCons/NeoLibs want. That’s what he put first--not America.
CryptoSandwich retweeted
The House is scheduled to vote this week on a National Defense Authorization that would integrate our military tech & supply chains with Israel’s.
Today, the Rules Committee will decide whether my amendment to strip section 219 will get a vote.
RT to support the Massie amdt.!
