Criticism of the Bitcoin Security Consortium's response
basedlayer-2085644867556852048
- Author
- @basedlayer
- Organisation
- independent
- Evidence role
- social statement
- Posted
- 7 Aug 2026, 08:31 UTC
- Capture status
- capture held
Fernando Nikolić arguing that of the companies on the Bitcoin Security Consortium member list only two, Block and Galaxy, visibly stepped up after the Coldcard exploits, and that he is not only talking about funding the Red Team from the US$15M pledged but about using any resource at all. He credits Block's engineering team and @intangiblecoins with seven days of sustained work, says the consortium itself contributed three retweets, and calls the optics horrible. It is the only held source raising the consortium's response, and it supplies the pledge figure and the membership framing that the record does not otherwise hold. The same account's earlier influencers-over-engineers post is registered separately. The membership claim, the US$15M figure and the judgement of who did what are the poster's own and are not verified here.
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