Too much risk with #BTC revealed. #Coldcard could signal bad actors playing a long hack game. #AI is showing everything #digital is vulnerable. #BIP-110 showed #bitcoin is software that will be changed and those changes are controlled by big corps (of miners, Saylor and Blackrock flavors). Bottom line is like a Piccaso painting only rich can apparently now safely secure. Worse they have no issue making paint modifications all the time to the original! And now data center power demands will cause more critical eyes on energy hogging POW protocols.
When I first started with bitcoin I stored my crypto on paper wallets with qr codes and legacy addresses. I rode bitcoin down the last crash and waited it out when it bottomed in mid teens back up towards new highs. This time there is a big difference. Most regular people and businesses have no interest in it. I come from a marketing background and this looks more like brand / tech rejection. Kind of like people losing interest for good.
I cashed out today at a small loss and surprisingly don't plan to return ever. Only thing I'd be interested in is a quantum secure peer to peer token that is exchange independent and accepted by my local grocery stores and fuel stations.
I can't see how bitcoin will be useful for anyone other than big international Wall Street entities. The libertarian/privacy/freedom tech communities need to come up with a better AI proof solution now.
