Holder's third post on problems with Bitcoin self-custody after the Coldcard incident
benhart_freedom-coldcard-disaster-part-3
- Author
- @benhart_freedom
- Organisation
- independent
- Evidence role
- social statement
- Posted
- 8 Aug 2026, 19:12 UTC
- Capture status
- capture held
Ben Hart publishes part three of his account, stating that he owned two Coldcard Mk4s and a Q, generated his wallets with dice and a passphrase, and still moved funds to Coinbase after the incident. The post repeats and expands claims that Coinkite has only about five employees, that Bitcoin influencers were paid to promote Coldcard, and that small volunteer-run software wallets such as Electrum, Sparrow and BlueWallet are an additional vulnerability. Held as a dated first-hand statement of an ordinary holder's loss of confidence in self-custody; the figures, causal claims and characterisations are the poster's own and are not verified here.
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