Nostr notes by Sooly⚡️سولي 🇱🇧🇧🇪🇦🇪🇦🇴

X x T x N = S GM

2026-10-19T05:23:57Z

X x T x N = S

GM

When they tell you Africa s phones are shared and data is ...

2026-10-15T11:42:52Z

When they tell you Africa s phones are shared and data is expensive and banking apps are still very early.

Africa changed in the last years with the internet reach, the Chinese cheap devices and banking systems..

#bitcoin though is still very very early.

If you aim at nothing, you’ll hit nothing.

2026-10-12T21:27:25Z

If you aim at nothing, you’ll hit nothing.

Appreciate you, Anarko! Doing well, brother. Just laser focused ...

2026-10-12T05:15:27Z

In reply to nevent1q…kej6
_________________________

Appreciate you, Anarko! Doing well, brother. Just laser focused on building. Hope you're thriving too. Hv a great one!

Nostr event nevent1qqsgjwyl0lah2gm9fxqkyhda0urr8n24ym4v8heyflmsff0qua4pfuqzyzug2xsxmlte6j8uxffrfg27nfr2x2sfs25z8d2vm7p9zjumzg96z9k7aew

2026-10-12T05:12:15Z

Been quiet on Nostr, but I miss the incredible humans here. ...

2026-10-10T11:04:43Z

Been quiet on Nostr, but I miss the incredible humans here.

Building for Africa. Strengthening my body and mind. Relentless focus.

Block out the noise. Protect your energy. You’re capable of more than you think.

Nostr event nevent1qqs85mf90ejc7jw8eq4k25s7j5h0qqews2feucexgt4q84u8hvau6wszyzug2xsxmlte6j8uxffrfg27nfr2x2sfs25z8d2vm7p9zjumzg96z8agqqx

2026-09-18T12:03:30Z

👀

Fixing money, not people. GM

2026-09-11T07:03:54Z

Fixing money, not people.

GM

Curiosity > Confidence GM beautiful nostr.

2026-09-07T11:25:18Z

Curiosity > Confidence

GM beautiful nostr.

😂👌🏽

2026-08-31T09:29:28Z

In reply to nevent1q…pc7h
_________________________

😂👌🏽

Never thought I’d be this happy for school to start ...

2026-08-31T09:04:55Z

Never thought I’d be this happy for school to start tomorrow.😂 Sorry kids

Tesler's Law GN

2026-08-26T22:44:19Z

Tesler's Law

GN

Economic destruction does not create wealth. Calling ...

2026-08-23T12:22:34Z

Economic destruction does not create wealth.

Calling reconstruction “economic growth” because money changes hands is the broken-window fallacy with a government press release attached.

GM from Baklava land ...

2026-08-14T10:20:33Z

GM from Baklava land

$1.3 trillion. 1.3 billion barrels lost. Airline fuel costs up ...

2026-08-14T00:25:39Z

$1.3 trillion. 1.3 billion barrels lost. Airline fuel costs up nearly $100 billion. 45 million more people at risk of acute food insecurity.

The war may be thousands of kilometres away, but the bill is already reaching your fuel, food, flights, inflation and savings.

See who is paying, how much, and why the real cost of war has no borders.

GN ##nostr

quoting
naddr1qq…4j3d

You Paid for It, Even If You Were Thousands of Kilometres Away

War has a battlefield.

Its invoice has no borders.

And as of 14 August 2026, the U.S.-Iran conflict is still unresolved. An interim ceasefire collapsed, negotiations have stalled, attacks on shipping continue, and the Strait of Hormuz remains severely disrupted.

So before anyone declares the economic story finished, here is the bill so far.

$1.3 TRILLION

The 2026 Global Peace Index estimates that under a prolonged ceasefire or stalemate with Hormuz only partially functioning, the conflict could reduce global GDP by approximately $1.3 trillion this year, equivalent to around 0.6% of world output.

If major fighting resumes and Hormuz remains effectively closed for six months or longer, the modeled loss rises to roughly $3.5 trillion.

The difference between those scenarios is $2.2 trillion.

That is the economic value of avoiding further escalation.

But those trillions are not one giant cheque written to a defence ministry.

They spread quietly through the global economy.

Oil.

Gas.

Shipping.

Insurance.

Airlines.

Fertilizer.

Food.

Inflation.

Interest rates.

Corporate profits.

Government budgets.

And finally, your household.

It starts with one narrow stretch of water

Before this war, almost 20 million barrels of oil per day moved through the Strait of Hormuz.

That represented roughly 25% of global seaborne oil trade.

Around 80% of that oil was headed toward Asia.

China and India alone received around 44% of the crude exports passing through the Strait.

There is simply no equivalent backup route.

Saudi Arabia and the UAE together have only around 3.5 to 5.5 million barrels per day of available pipeline capacity capable of bypassing Hormuz.

When the Strait was effectively shut, flows fell from roughly 20 million barrels per day before the conflict to an average of only 2.7 million barrels per day during March, April and May.

By June, cumulative lost Middle Eastern oil supply had exceeded 1.3 billion barrels.

The International Energy Agency called it the largest oil-supply disruption in history.

Governments were forced to respond with something unprecedented.

IEA member countries released 400 million barrels of emergency oil reserves, the largest coordinated emergency release in the agency's history.

And the problem is still not solved.

The latest IEA assessment now expects global oil supply to fall by around 4.3 million barrels per day in 2026, leaving supply roughly 1.27 million barrels per day below demand, as renewed fighting and attacks on tankers continue to restrict Gulf exports.

That is why the oil price matters even to somebody who has never visited the Middle East.

Oil is embedded in transport, plastics, chemicals, agriculture, aviation, manufacturing and logistics.

When oil moves, almost everything else eventually moves with it.

Gas suffered its own shock

Hormuz is also one of the arteries of the global LNG market.

Approximately 19% of global LNG trade normally passes through it.

About 93% of Qatar's LNG exports and 96% of the UAE's LNG exports normally use the Strait. Unlike oil, there is effectively no alternative export route for these LNG volumes.

Since 1 March, disruption has removed more than 300 million cubic metres of LNG supply every day from Qatar and the UAE.

That is more than 2 billion cubic metres every week.

Other producers have managed to replace roughly three-quarters of those losses, but the shock remains enormous.

Qatar also suffered physical damage that will outlive the fighting.

Two of the country's 14 LNG liquefaction trains, representing 12.8 million tonnes of annual LNG capacity, were extensively damaged.

The IEA says repairs are expected to require three to five years.

That turns a military strike into a multi-year global energy problem.

Then comes shipping

A barrel of oil sitting inside the Gulf is useless to a refinery in India, Europe or Asia if nobody is willing to insure and transport it.

Before the war, shipping a supertanker cargo from the Gulf could cost around $2 million.

In August, Reliance Industries paid approximately $23 million to $25 million to charter a supertanker carrying 2 million barrels of Iraqi crude.

Roughly twelve times the benchmark freight rate.

At one point, earnings for very large crude carriers operating Gulf routes reached almost $470,000 per day.

Insurance became just as extraordinary.

Additional war-risk premiums for vessels transiting Hormuz jumped from around 1% to 3% of a ship's value to 7.5% to 10% by late July.

For a $100 million vessel, the economics become obvious very quickly.

And shipping companies themselves are absorbing real losses.

Hapag-Lloyd said the Middle East crisis cost it $600 million in the second quarter alone.

Its quarterly net profit fell from $306 million a year earlier to $83 million.

Maersk's Ocean division saw operating costs rise 19%, while its average bunker fuel price increased 44% year on year.

Middle Eastern container imports fell around 40% in the quarter.

These costs do not disappear.

They move into freight rates.

Then into wholesale prices.

Then into retail prices.

Aviation received a nearly $100 billion fuel shock

There is a widely repeated claim that European aviation alone faces $100 billion in losses.

That is inaccurate.

The real number is arguably more striking.

Global airlines are expected to spend $350 billion on fuel in 2026, compared with $252 billion in 2025.

Nearly $100 billion more in one year.

Jet fuel is expected to average $152 per barrel, almost 70% higher than in 2025.

Industry profitability has effectively been cut in half.

Global airline net profit is forecast to fall from approximately $45 billion in 2025 to $23 billion in 2026.

Profit per passenger falls from $9.10 to $4.50.

Return on invested capital drops to 4.3%, while IATA estimates the industry's cost of capital at 8.5%.

The Middle East airline sector experiences the most dramatic reversal.

From an estimated $7.2 billion profit in 2025 to a projected $4.3 billion loss in 2026.

Passenger demand is projected to contract 11.4%.

European airlines are expected to remain profitable, but their net profit falls from $13 billion to $9.6 billion.

Europe is particularly exposed because it relies heavily on Gulf jet-fuel imports.

The ticket you buy is part of the war bill too.

Europe is paying every day

The European Union estimated in April that the energy shock was costing the bloc approximately €500 million, around $600 million, every single day.

Europe had already spent more than €350 billion on broad energy-support measures during the previous energy crisis.

European policymakers are now warning against repeating that fiscal mistake with poorly targeted subsidies.

Meanwhile, the ECB reported that since the start of this conflict, European prices for refined products such as petrol, diesel and jet fuel increased roughly 40% to 45%.

And the pressure did not stop at fuel.

The ECB also observed sharp increases in fertilizer-related products and plastics, evidence of the energy shock spreading downstream through industrial supply chains.

Under the ECB's severe-war scenario, oil could reach $166 per barrel and European natural gas €98/MWh.

Euro-area inflation would reach 4.0% in 2026 and 5.3% in 2027, while GDP growth would fall to only 0.5% in 2026 and 0.4% in 2027.

The same scenario shows another hidden cost: financing.

Corporate borrowing spreads remain elevated, and European corporate equity valuations could remain more than 10% below baseline throughout 2027.

So the war does not just hit fuel bills.

It can hit pension funds, portfolios, corporate borrowing costs, investment and jobs.

Then fertilizer gets hit

More than 30% of global traded urea, around 20% of ammonia and phosphate trade, and roughly half of global seaborne sulphur trade normally move through Hormuz.

These are not abstract commodities.

They sit upstream of global agriculture and food production.

Urea prices climbed above $850 per metric tonne in April.

That was an increase of roughly 80% from February and the highest level since April 2022.

Fertilizer becomes more expensive.

Farmers pay more.

Production costs rise.

Food eventually becomes more expensive.

And that transmission has already started.

Food prices followed

During the first two months after the conflict began, global food prices rose roughly 5% compared with the preceding two months.

Oils and meals rose around 10%.

Grain prices increased roughly 3%.

So far, abundant global grain supplies have prevented a much larger food shock.

But vulnerable economies have far less room to absorb sustained increases in fuel, fertilizer and food prices.

UNCTAD has identified 61 vulnerable economies exposed simultaneously to oil and cereal import shocks.

A sustained rise in oil prices could add more than $20 billion a year to the combined oil-import bill of vulnerable economies.

For wealthy countries, that means slower growth and higher inflation.

For poorer countries with limited foreign currency reserves and high debt servicing costs, it can become a balance-of-payments problem, a food-security problem and eventually a political problem.

Hunger is the most brutal part of the invoice

Before the conflict, the World Food Programme's modeled baseline counted roughly 318 million people facing acute food insecurity across the countries studied.

If the conflict persisted and oil remained above $100 per barrel, WFP estimated that another 45 million people could fall into acute food insecurity.

That would take the modeled total to as many as 363 million people.

That is the chain:

A missile hits infrastructure.

A tanker stops sailing.

Insurance explodes.

Oil and gas become more expensive.

Fertilizer becomes more expensive.

Food becomes more expensive.

A household thousands of kilometres away eats less.

And then central banks inherit the problem

The IMF entered 2026 expecting global inflation to continue falling.

That changed.

The IMF now forecasts global headline inflation rising from 4.1% in 2025 to 4.7% in 2026.

Global growth is projected at just 3.0% this year.

The World Bank is even more cautious.

It projects global growth of only 2.5% in 2026, down from 2.9% in 2025, with forecasts downgraded for roughly two-thirds of economies.

Higher energy prices create one of the ugliest economic combinations possible:

Slower growth.

Higher inflation.

Less room for central banks to cut interest rates.

Less room for governments to stimulate economies.

Less purchasing power for households.

That is how a war becomes a mortgage problem, a business-financing problem and a cost-of-living problem.

The countries actually fighting pay even more

The Global Peace Index model estimates that under its prolonged-stalemate scenario, Iran could lose around 15% of GDP.

Its inability to export oil normally worth around $435 million per day represents one of the largest components of that damage.

For the United States, the Pentagon told Congress on 22 July that the direct cost of the war had already reached $37.5 billion.

The administration was simultaneously seeking nearly $90 billion more for war-related expenditure and munitions replenishment.

So when you hear a circulating claim that America's “direct losses” are already $112 billion, be careful.

The strongest disclosed number so far is $37.5 billion in direct Pentagon war costs, with much larger future spending possible depending on how replenishment and continued operations are counted.

The same discipline should apply to Iran.

Claims that Iran has already suffered exactly $300 billion in verified economic losses are not robust enough to present as fact.

Use the numbers we can defend.

The numbers I would NOT use

There are four viral statistics circulating around this war that sound powerful but currently fail a proper sourcing test:

$112 billion in direct U.S. losses.

$58 billion in indirect losses to American consumers.

$300 billion in verified Iranian losses.

10 million meals disappearing every week.

The underlying economic damage is real.

Those specific formulations are not clean enough.

There is no need to exaggerate.

The verified numbers are already extraordinary.

This is the real war bill

$1.3 trillion in modeled global GDP losses under a prolonged-stalemate scenario.

Potentially $3.5 trillion under severe renewed escalation.

1.3 billion barrels of cumulative Middle Eastern oil supply lost by June.

The world's largest-ever coordinated emergency oil release: 400 million barrels.

Hormuz oil flows collapsing from around 20 million barrels per day to 2.7 million during the worst months.

More than 300 million cubic metres of LNG per day removed from Gulf supply.

War-risk insurance reaching 7.5% to 10% of a vessel's value.

A single 2-million-barrel tanker charter costing $23 million to $25 million instead of roughly $2 million.

Airlines facing a $350 billion fuel bill, almost $100 billion higher than last year.

European energy costs running at roughly $600 million per day.

Urea exceeding $850 per tonne, up around 80% in two months.

Global food prices rising 5% in the first two months of the conflict.

Global inflation moving from 4.1% to 4.7%.

And as many as 45 million additional people potentially pushed into acute food insecurity if the energy shock persists.

Every one of those numbers represents money taken from somewhere else.

A household budget.

A company's margin.

A government's fiscal space.

An airline's balance sheet.

A farmer's input budget.

A country's foreign-exchange reserves.

Or a family's next meal.

That is why the cost of war cannot be measured only by bombs, missiles and military budgets.

The battlefield may be thousands of kilometres away.

The invoice still finds you.

Data and scenarios verified against IEA, EIA, IATA, IMF, World Bank, ECB, WFP, UNCTAD, Global Peace Index, Reuters and AP reporting. Figures are realized data, disclosed costs or clearly identified scenarios as applicable. Status verified 14 August 2026.

Nostr event nevent1qqs9a4zl05nnvmqque8xagl8fq2hvdj8ckslytug6w30m49rmgfqelgzyzug2xsxmlte6j8uxffrfg27nfr2x2sfs25z8d2vm7p9zjumzg96z2f9y0t

2026-08-12T21:55:06Z

The time it took the US to borrow 1 Trillion dollars. #Bitcoin ...

2026-08-12T16:59:20Z

The time it took the US to borrow 1 Trillion dollars.

#Bitcoin fixes this

Absolutely. The war machine has 0 incentive to stop any war the ...

2026-08-12T12:57:50Z

In reply to nevent1q…6er6
_________________________

Absolutely. The war machine has 0 incentive to stop any war the soonest possible.

Stop and think about this If the war machine were rewarded for ...

2026-08-12T10:31:16Z

Stop and think about this

If the war machine were rewarded for ending wars quickly, it would optimize for peace.

Instead, it is rewarded when wars continue.

Follow the incentives.

Nostr event nevent1qqsft40g45ekukqu65umy42sglcsl5m02hlaw6wesfq7nkkpezpsgjszyzug2xsxmlte6j8uxffrfg27nfr2x2sfs25z8d2vm7p9zjumzg96z7v254f

2026-08-12T08:59:25Z

If governments could legislate prosperity, poverty would have ...

2026-08-11T12:00:12Z

If governments could legislate prosperity, poverty would have been outlawed decades ago.

Venezuela’s statutory wage floor: ~$0.17/month.
Burundi: ~$0.76.
Cuba: ~$4.76.
Georgia: ~$7.64.
These are legal floors, not typical pay.

The law controls the number. Productivity and the currency control what it buys.

No idea just got the info on the app and some tweets about it so ...

2026-08-10T09:08:24Z

In reply to nevent1q…ju0e
_________________________

No idea just got the info on the app and some tweets about it so better be safe

🚨 IMPORTANT Blink Wallet Users If you use a custodial Blink ...

2026-08-08T12:31:42Z

🚨 IMPORTANT Blink Wallet Users

If you use a custodial Blink account, you must migrate/withdraw your funds:
⚠️ August 10: end of receptions
⛔ August 31: deadline to withdraw your funds

Don't wait until the last minute.

Not your keys, not your coins. 🟠

Nostr event nevent1qqsgntn5mj27t43stz87gqqtq785lqk90jeax7pdf4crc3rz5jry8lszyzug2xsxmlte6j8uxffrfg27nfr2x2sfs25z8d2vm7p9zjumzg96zusakaq

2026-08-08T09:30:01Z

A lot of Bitcoiners are not technical. That is fine. If we want ...

2026-08-07T22:06:12Z

A lot of Bitcoiners are not technical.

That is fine.

If we want to onboard new coiners, self-custody advice cannot sound like you need a cybersecurity degree to protect your Bitcoin.

After the recent Coldcard incident, my advice is simple:

Choose a well-established hardware wallet that prioritizes:

• open-source hardware and firmware
• reproducible or independently verifiable builds
• a strong security track record
• public vulnerability disclosure, ideally with a bug-bounty program
• keeping your recovery words completely offline

For beginners today, I would look at BitBox02 Bitcoin-only, Trezor, and Blockstream Jade.

Open source does NOT mean bug-free.

It means the manufacturer is not asking you to blindly trust what is happening inside the device. Independent researchers can inspect it, challenge it, and report weaknesses.

Then keep the rest boring:

Buy directly from the manufacturer.

Never photograph or type your recovery words into a phone or computer.

Start with a small amount.

Learn how recovery works before moving serious savings.

As your holdings grow, your security can grow with them.

You do not need to become a security engineer before taking self-custody.

You need a setup you understand, can recover, and are unlikely to screw up.

Good security should make Bitcoin ownership safer.

Not scarier.

Nostr event nevent1qqsq4j7dhchpdt7x0czzgycup2r3ys7y5uc3z2pp7jd8qpljncrqdcqzyzug2xsxmlte6j8uxffrfg27nfr2x2sfs25z8d2vm7p9zjumzg96zxmj83g

2026-08-05T07:34:49Z

Nostr event nevent1qqs9g8vxzktd0y0twjqrzj5alvsduvj3l5upqf4zg6gu857ppht99ggzyzug2xsxmlte6j8uxffrfg27nfr2x2sfs25z8d2vm7p9zjumzg96zx5jdzw

2026-08-04T12:19:24Z

Nostr event nevent1qqsrwa0f0xrwxwp63u2e8xdnd30gakwqxtpfvqvuu9yk57sf6dcdt7czyzug2xsxmlte6j8uxffrfg27nfr2x2sfs25z8d2vm7p9zjumzg96zrldqnx

2026-08-03T10:47:21Z

Sanctions don't work. This case provides another concrete ...

2026-08-03T10:29:48Z

In reply to nevent1q…wmkx
_________________________

Sanctions don't work. This case provides another concrete signal that Bitcoin’s utility increasingly extends beyond investment and savings into international economic settlement.

Welcome aboard Souren

2026-08-03T09:23:39Z

In reply to nevent1q…l554
_________________________

Welcome aboard Souren

Nostr event nevent1qqs2u3qhqdnhyje70g8pz83el84hn7wn3z4hys7xmjjt56zf8y2ak9szyzug2xsxmlte6j8uxffrfg27nfr2x2sfs25z8d2vm7p9zjumzg96z7rnjhk

2026-08-02T22:38:46Z

Adapt. Evolve. Move forward. ...

2026-08-02T15:53:31Z

Adapt. Evolve. Move forward.

Am afraid not.

2026-08-02T15:47:50Z

In reply to nevent1q…x329
_________________________

Am afraid not.

Congrats and Godspeed to all the fam!

2026-08-02T01:10:04Z

In reply to nevent1q…c740
_________________________

Congrats and Godspeed to all the fam!

Indeed #nevent1q…gna9

2026-08-01T22:55:37Z

In reply to nevent1q…w20f
_________________________

Indeed

quoting
nevent1q…gna9
I genuinely feel for everyone affected by the Coldcard security incident.

Unfortunately, people often learn in one of two ways: through curiosity or through pain.

This incident will make many Bitcoiners more serious about operational security. A smaller number may walk away from Bitcoin entirely, carrying anger, fear, or lasting distrust. I understand that too.

But this is life. You learn, adapt and move forward, or you surrender.

nevent1q…4e0e

Non Technical Plain English Update: the Coldcard incident appears ...

2026-08-01T22:29:03Z

Non Technical Plain English Update: the Coldcard incident appears far bigger than first reported.

The early 594 BTC figure now looks like only the first visible wave.

The current observed on-chain estimate is about 1,367 BTC across 4,585 addresses in 3 waves.

That does not yet prove every case is tied to the same actor, or that every wallet has been publicly proven case by case. But the risk is clearly bigger than many first thought.

Plain English:

A hardware wallet is supposed to create a secret key so random that nobody can realistically guess it.

A firmware bug meant some Coldcards generated seeds with far less randomness than intended.

That allowed an attacker to calculate likely keys offline, compare them against Bitcoin addresses visible on-chain, and drain funds without touching the device.

If you use a Coldcard, the message is simple:
- Update to fixed firmware
- Do not trust the old seed
- Generate a completely new seed
- Verify backup, fingerprint, and receiving address
-Send a small test transaction
- Then migrate the rest carefully

Important:

Updating alone does not fix an old weak seed

A weak seed remains weak forever

50+ private dice rolls materially reduced this specific risk

A strong BIP39 passphrase helps, but migration is still the prudent move

Multisig helps only if enough keys were generated independently and securely

The hard lesson:

An air gap can protect a strong key.

It cannot rescue a weak key created at birth.

Share this with anyone using a Coldcard.

Nostr event nevent1qqsr4kr3pjqvye7tq2fn3ymj89kcd98l5qfvhllru9e5z5qdh5d36aszyzug2xsxmlte6j8uxffrfg27nfr2x2sfs25z8d2vm7p9zjumzg96zal6fvv

2026-08-01T21:15:12Z

Best of luck guys can't wait to see the feedback after the ...

2026-08-01T19:50:41Z

In reply to nevent1q…gfr9
_________________________

Best of luck guys can't wait to see the feedback after the event

Can you elaborate?

2026-08-01T10:06:32Z

In reply to nevent1q…ve6e
_________________________

Can you elaborate?

Forward. #nevent1q…gna9

2026-08-01T00:41:39Z

In reply to nevent1q…mul7
_________________________

Forward.

quoting
nevent1q…gna9
I genuinely feel for everyone affected by the Coldcard security incident.

Unfortunately, people often learn in one of two ways: through curiosity or through pain.

This incident will make many Bitcoiners more serious about operational security. A smaller number may walk away from Bitcoin entirely, carrying anger, fear, or lasting distrust. I understand that too.

But this is life. You learn, adapt and move forward, or you surrender.

nevent1q…4e0e

I genuinely feel for everyone affected by the Coldcard security ...

2026-08-01T00:06:15Z

I genuinely feel for everyone affected by the Coldcard security incident.

Unfortunately, people often learn in one of two ways: through curiosity or through pain.

This incident will make many Bitcoiners more serious about operational security. A smaller number may walk away from Bitcoin entirely, carrying anger, fear, or lasting distrust. I understand that too.

But this is life. You learn, adapt and move forward, or you surrender.

quoting
nevent1q…4e0e
594 BTC. Around 500 wallets. Roughly 25 minutes.

The devices never needed to be touched.

Here is the Coldcard security incident in plain English:

A hardware wallet is supposed to create a secret key so random that nobody could ever guess it.

A firmware bug meant some Coldcards generated keys using far less randomness than intended.

Think of choosing a winning number from billions of billions of possibilities, only to discover that the machine was secretly choosing from a much smaller list.

An attacker could calculate possible keys offline, compare them with Bitcoin addresses visible on the blockchain, and take the coins without touching the device or knowing its PIN.

What is confirmed:

• 594.48 BTC was swept from 1,324 old #Bitcoin outputs
• The sweep involved roughly 500 single-signature wallets
• 562 #BTC was later gathered into one address
• Coldcard confirmed a serious seed-generation bug
• Fixed firmware has now been released

What is not yet fully proven publicly:

That every wallet in the 594 BTC sweep came from this exact Coldcard bug. The connection is strong, but the investigation is continuing.

Coldcard users should:

1. Update Mk3 to 4.2.0+, Mk4/Mk5 to 5.6.0+, or Q to 1.5.0Q+.

2. Do not stop after updating. An old weak seed remains weak forever.

3. Generate a completely new seed on the fixed firmware.

4. Verify the backup and receiving address, send a small test amount, then move the remainder carefully.

At least 50 fair, private dice rolls materially protected against this specific flaw. A strong BIP39 passphrase adds another barrier, but Coinkite still recommends migration.

Multisig helps only when enough keys were generated independently and securely.

The uncomfortable lesson:

An air gap can protect a strong key.

It cannot rescue a weak key created at birth.

Self-custody removes the bank. It does not remove software risk, human responsibility or the need for independent verification.

Share this with anyone using a #Coldcard. Calm action protects funds. Panic attracts scammers.

Credit to Rob from Anchor watch (tag him if you know his npub) for the sharp on-chain tracking behind the 594 BTC figure. Rob, flag anything here that needs tightening.

Nostr event nevent1qqsx2egmz5gzqv0u0tz4vanz7zj36e6dqrfy3lxvs5hzvqqq26vnrpczyzug2xsxmlte6j8uxffrfg27nfr2x2sfs25z8d2vm7p9zjumzg96zz0y8pv

2026-07-31T21:06:46Z

Sigh.

Today's theft is indeed probably the worst in Bitcoin s ...

2026-07-31T19:45:12Z

Today's theft is indeed probably the worst in Bitcoin s history.

quoting
nevent1q…4e0e

594 BTC. Around 500 wallets. Roughly 25 minutes.

The devices never needed to be touched.

Here is the Coldcard security incident in plain English:

A hardware wallet is supposed to create a secret key so random that nobody could ever guess it.

A firmware bug meant some Coldcards generated keys using far less randomness than intended.

Think of choosing a winning number from billions of billions of possibilities, only to discover that the machine was secretly choosing from a much smaller list.

An attacker could calculate possible keys offline, compare them with Bitcoin addresses visible on the blockchain, and take the coins without touching the device or knowing its PIN.

What is confirmed:

• 594.48 BTC was swept from 1,324 old #Bitcoin outputs
• The sweep involved roughly 500 single-signature wallets
• 562 #BTC was later gathered into one address
• Coldcard confirmed a serious seed-generation bug
• Fixed firmware has now been released

What is not yet fully proven publicly:

That every wallet in the 594 BTC sweep came from this exact Coldcard bug. The connection is strong, but the investigation is continuing.

Coldcard users should:

1. Update Mk3 to 4.2.0+, Mk4/Mk5 to 5.6.0+, or Q to 1.5.0Q+.

2. Do not stop after updating. An old weak seed remains weak forever.

3. Generate a completely new seed on the fixed firmware.

4. Verify the backup and receiving address, send a small test amount, then move the remainder carefully.

At least 50 fair, private dice rolls materially protected against this specific flaw. A strong BIP39 passphrase adds another barrier, but Coinkite still recommends migration.

Multisig helps only when enough keys were generated independently and securely.

The uncomfortable lesson:

An air gap can protect a strong key.

It cannot rescue a weak key created at birth.

Self-custody removes the bank. It does not remove software risk, human responsibility or the need for independent verification.

Share this with anyone using a #Coldcard. Calm action protects funds. Panic attracts scammers.

Credit to Rob from Anchor watch (tag him if you know his npub) for the sharp on-chain tracking behind the 594 BTC figure. Rob, flag anything here that needs tightening.

594 BTC. Around 500 wallets. Roughly 25 minutes. The devices ...

2026-07-31T15:20:49Z

594 BTC. Around 500 wallets. Roughly 25 minutes.

The devices never needed to be touched.

Here is the Coldcard security incident in plain English:

A hardware wallet is supposed to create a secret key so random that nobody could ever guess it.

A firmware bug meant some Coldcards generated keys using far less randomness than intended.

Think of choosing a winning number from billions of billions of possibilities, only to discover that the machine was secretly choosing from a much smaller list.

An attacker could calculate possible keys offline, compare them with Bitcoin addresses visible on the blockchain, and take the coins without touching the device or knowing its PIN.

What is confirmed:

• 594.48 BTC was swept from 1,324 old #Bitcoin outputs
• The sweep involved roughly 500 single-signature wallets
• 562 #BTC was later gathered into one address
• Coldcard confirmed a serious seed-generation bug
• Fixed firmware has now been released

What is not yet fully proven publicly:

That every wallet in the 594 BTC sweep came from this exact Coldcard bug. The connection is strong, but the investigation is continuing.

Coldcard users should:

1. Update Mk3 to 4.2.0+, Mk4/Mk5 to 5.6.0+, or Q to 1.5.0Q+.

2. Do not stop after updating. An old weak seed remains weak forever.

3. Generate a completely new seed on the fixed firmware.

4. Verify the backup and receiving address, send a small test amount, then move the remainder carefully.

At least 50 fair, private dice rolls materially protected against this specific flaw. A strong BIP39 passphrase adds another barrier, but Coinkite still recommends migration.

Multisig helps only when enough keys were generated independently and securely.

The uncomfortable lesson:

An air gap can protect a strong key.

It cannot rescue a weak key created at birth.

Self-custody removes the bank. It does not remove software risk, human responsibility or the need for independent verification.

Share this with anyone using a #Coldcard. Calm action protects funds. Panic attracts scammers.

Credit to Rob from Anchor watch (tag him if you know his npub) for the sharp on-chain tracking behind the 594 BTC figure. Rob, flag anything here that needs tightening.

Be Real. GM

2026-07-31T10:03:56Z

Be Real.

GM

I take it back I dunno

2026-07-31T00:39:16Z

In reply to nevent1q…ks7q
_________________________

I take it back I dunno

No

2026-07-31T00:38:20Z

In reply to nevent1q…ks7q
_________________________

No

?!

2026-07-31T00:37:59Z

In reply to nevent1q…gw00
_________________________

?!

Nostr event nevent1qqst8kdmqw5pt54xw5g2l5msjzghqeu4qldjvz95edxe8kuagwrzlhszyzug2xsxmlte6j8uxffrfg27nfr2x2sfs25z8d2vm7p9zjumzg96zdhus2m

2026-07-31T00:26:46Z

Still. #nevent1q…amce

2026-07-30T15:25:24Z

Still.

quoting
nevent1q…amce
Hurt. Angry. Frustrated. These are the emotions that come to mind when I think about #Lebanon's economic collapse & #Bitcoin . How did we let this happen? How did we let our country reach this point? If you're living outside Lebanon, you better learn and be prepared.

The truth is that Lebanon's downfall did not happen overnight. It was a slow and painful process that was fueled by corruption, mismanagement, and sectarian politics. We chose to ignore the signs. It's time for us to stop blaming each other and start taking action.

This is not just about the economy. It's about our dignity, our identity, and our future as a nation. We need to come together as one people and work towards a common goal. We need to be patient, resilient, and determined to make it great again. For our children.

Hurt. Angry. Frustrated. But also hopeful. We're still breathing. We can still turn things around and build a better future for children and our country. Let's start today by fixing the money to impact it all. Embrace #Bitcoin

Crush it

2026-07-30T15:22:43Z

In reply to nevent1q…uk3c
_________________________

Crush it

🧡

2026-07-30T14:14:29Z

In reply to nevent1q…zxsl
_________________________

🧡

🌄 Good morning!

2026-07-30T12:11:06Z

In reply to nevent1q…ae6m
_________________________

🌄 Good morning!

Morning D thanks for sharing

2026-07-30T12:01:32Z

In reply to nevent1q…wuft
_________________________

Morning D thanks for sharing

This is the way brother

2026-07-30T11:54:45Z

In reply to nevent1q…nn38
_________________________

This is the way brother

Let's keep moving forward.

2026-07-30T11:53:50Z

In reply to nevent1q…y9st
_________________________

Let's keep moving forward.

Have a great one!

2026-07-30T10:26:33Z

In reply to nevent1q…sqp3
_________________________

Have a great one!

Morning buttercup!

2026-07-30T10:25:27Z

In reply to nevent1q…fkjq
_________________________

Morning buttercup!

Nostr event nevent1qqs2j594xyjsjsh5cvdqlwprnxqyncq24eszextmxwffmhtjqn25jjszyzug2xsxmlte6j8uxffrfg27nfr2x2sfs25z8d2vm7p9zjumzg96zmutctx

2026-07-30T10:23:34Z

Craftsmanship is knowing how to work. Art is knowing when to ...

2026-07-29T22:04:39Z

Craftsmanship is knowing how to work.
Art is knowing when to stop.

Ai masters the first.
We have to master the second.

Cheers

2026-07-29T14:56:24Z

In reply to nevent1q…vk0u
_________________________

Cheers

Hey B have a good one

2026-07-29T14:56:12Z

In reply to nevent1q…339a
_________________________

Hey B have a good one

Eric! I hope all is well Goodman.

2026-07-29T14:56:02Z

In reply to nevent1q…4lax
_________________________

Eric! I hope all is well Goodman.

GM #Nostr ...

2026-07-29T13:09:49Z

GM #Nostr

GN #Nostr ...

2026-07-28T22:06:50Z

GN #Nostr

They didn't even mention which post broke their rules

2026-07-28T18:38:25Z

In reply to nevent1q…rpdk
_________________________

They didn't even mention which post broke their rules

Better to remain a man of integrity inside a closed garden than ...

2026-07-28T15:06:55Z

In reply to nevent1q…tp46
_________________________

Better to remain a man of integrity inside a closed garden than become another obedient sheep.

Nshallah

2026-07-28T15:01:54Z

In reply to nevent1q…4el4
_________________________

Nshallah

I wish it fixed the client leads X offers.

2026-07-28T13:20:44Z

In reply to nevent1q…wjjq
_________________________

I wish it fixed the client leads X offers.

This is how this one got suspended more than 2yrs ago. For ...

2026-07-28T13:02:56Z

In reply to nevent1q…r5ef
_________________________

This is how this one got suspended more than 2yrs ago. For writing about the war machine with pure economics. 🤡

F Israel. ...

2026-07-28T13:00:08Z

F Israel.

ZH!

2026-07-28T12:59:32Z

In reply to nevent1q…50mj
_________________________

ZH!

Hey B have a good one

2026-07-28T12:58:17Z

In reply to nevent1q…0n3k
_________________________

Hey B have a good one

Nostr event nevent1qqstw2nwtrdpfmhdyaplvla244g6zk47xyn00svhzlzyda6sen2fpvgzyzug2xsxmlte6j8uxffrfg27nfr2x2sfs25z8d2vm7p9zjumzg96zr2up4t

2026-07-28T08:28:11Z

In reply to nevent1q…qvak
_________________________

GM #Nostr Claude now has an iOS simulator Can't wait for ...

2026-07-28T08:26:41Z

GM #Nostr

Claude now has an iOS simulator
Can't wait for Android simulator

Keep grinding peeps

People take using a free excellent client for granted. Thank you ...

2026-07-27T20:43:34Z

In reply to nevent1q…397h
_________________________

People take using a free excellent client for granted. Thank you and the team!

Great this is what was still missing. ...

2026-07-27T20:41:39Z

Great this is what was still missing.

https://bitcoiners.africa/african-bitcoin-ecosystem

2026-07-27T20:04:07Z

In reply to nevent1q…adsx
_________________________

https://bitcoiners.africa/african-bitcoin-ecosystem

It is mind-blowing how X keeps recycling the same US-centric ...

2026-07-27T16:51:08Z

It is mind-blowing how X keeps recycling the same US-centric Bitcoin narratives while ignoring where the real blueprint is being built.

Across the Global South, broken currencies, weak banking rails, and costly borders are turning Bitcoin from theory into infrastructure.

The West dominates the conversation. The South is building the use case.

Your*

2026-07-27T16:14:59Z

In reply to nevent1q…9ra8
_________________________

Your*

@nprofile…q3ag what's you're take on this? ...

2026-07-27T14:35:48Z

L0laL33tz (nprofile…q3ag) what's you're take on this?

quoting
nevent1q…swaq

http://techspot.com/news/113236-us-prothepiratesecutors-charge-atlanta-man-after-grapheneos-phone.html

#grapheneOS #security #privacy

Was aiming for the N3 20years ago :) then life happened

2026-07-27T14:24:11Z

In reply to nevent1q…zurg
_________________________

Was aiming for the N3 20years ago :) then life happened

#nostrarabia Thoughts أفكار ...

2026-07-27T12:04:51Z

#nostrarabia
Thoughts
أفكار

Have a great week ahead B

2026-07-27T10:09:05Z

In reply to nevent1q…93xh
_________________________

Have a great week ahead B

Nostr event nevent1qqs2arql02pnjpentn25gxlhj0naufxpxs0u9d9y6n0jl5afuv3mftczyzug2xsxmlte6j8uxffrfg27nfr2x2sfs25z8d2vm7p9zjumzg96zpaqpz5

2026-07-27T08:08:14Z

China is incentivising innovation and open source code in the US. ...

2026-07-25T21:18:00Z

China is incentivising innovation and open source code in the US. Think about that for a sec.

Fiat makes obedience feel safe because the bill arrives ...

2026-07-25T21:03:51Z

In reply to nevent1q…s3wh
_________________________

Fiat makes obedience feel safe because the bill arrives invisibly: diluted savings, inherited debt, and dependence.

Bitcoin makes the price of exit visible.

Volatility is easier to fear than slow confiscation, but only one of them buys independence.

If you are in Spain, or know someone there, send them this. In a ...

2026-07-25T20:28:20Z

If you are in Spain, or know someone there, send them this.

In a former life, I spent a decade working in natural-disaster and emergency management, including training with Spain’s forest service and firefighters.

Spain has now declared its first wildfire-linked national emergency.

That never ever happened in Spain's history. And that's a one of the leading countries in developing the science of forest fire fighting. That is serious.

If you are in an affected region, or even tens of kilometres from an active fire, prepare now in case evacuation becomes necessary. Keep documents, medication, water, chargers and a clear exit route ready.

Follow official alerts. But do not wait until you can see the flames.

#nostr #spain

quoting
nevent1q…67q3
France and Spain are burning.

Strength to every family forced from home, and respect to the firefighters walking toward the flames while everyone else runs.

May they all return safely.

Sorry to hear that. Be safe.

2026-07-25T20:19:10Z

In reply to nevent1q…gcsp
_________________________

Sorry to hear that. Be safe.

Kaizen.

2026-07-25T19:17:44Z

In reply to nevent1q…e7as
_________________________

Kaizen.

Stop procrastinating and just start. ...

2026-07-25T19:12:46Z

Stop procrastinating and just start.

Baby steps are the way. In everything. Well done man.

2026-07-25T19:12:04Z

In reply to nevent1q…m9qk
_________________________

Baby steps are the way. In everything. Well done man.

Our creator is great. ...

2026-07-25T19:00:57Z

Our creator is great.

France and Spain are burning. Strength to every family forced ...

2026-07-25T18:33:31Z

France and Spain are burning.

Strength to every family forced from home, and respect to the firefighters walking toward the flames while everyone else runs.

May they all return safely.

A circus run by a clown. #nevent1q…9a2f

2026-07-25T18:17:21Z

A circus run by a clown.

quoting
nevent1q…9a2f
⚡️🇺🇸 NEW - Trump: "I owned the Miss Universe pageant. And Miss Venezuela always did very well in that pageant. So I know something about the country."

Beautiful

2026-07-25T06:46:20Z

In reply to nevent1q…tuxr
_________________________

Beautiful

GN #Nostr ...

2026-07-25T01:00:28Z

GN #Nostr

Bitcoin is not a cure for human weakness. It is a limit on how ...

2026-07-23T19:19:57Z

Bitcoin is not a cure for human weakness. It is a limit on how far that weakness can be monetised.

What are you using?

2026-06-18T10:56:04Z

In reply to nevent1q…g07x
_________________________

What are you using?

My loops are better than yours.

2026-06-18T09:03:17Z

My loops are better than yours.