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r/Bitcoin: why Coinkite destroyed affected inventory

reddit-coinkite-inventory-destruction-question

https://www.reddit.com/r/Bitcoin/comments/1vld3rt/why_did_coinkite_destroy_its_inventory/

Latest reviewed change

source content difference between and

Two existing comments were removed or marked [deleted] (one by striata and one by Save_JR), and a new comment by Levitdon argued that unflashed affected devices are the only remaining hardware evidence.

seen +12 -12 full history below
 
 comment: p31qt1u
 parent: t1_p30dac9
-author: striata
+author: [deleted]
 created_utc: 1786459787
 edited: 1786464138
 body:

First lines only. The complete diff is in the timeline below.

Organisation
reddit
Evidence role
Community discussion
Published
not established
Source changes
3
Detected differences
3
Unreviewed
0
Copies held
4

Every check is recorded, including checks that found no text change. A detected edit is therefore bounded between two checks. The publisher's exact save time is not observable from this record. Last checked .

  1. source content difference between and Current source content +12 -12

    Two existing comments were removed or marked [deleted] (one by striata and one by Save_JR), and a new comment by Levitdon argued that unflashed affected devices are the only remaining hardware evidence.

    seen · Captured here 24,378 chars
    What changed from the previous capture 24 lines
     
     comment: p31qt1u
     parent: t1_p30dac9
    -author: striata
    +author: [deleted]
     created_utc: 1786459787
     edited: 1786464138
     body:
    -Nothing of the stuff in that post proves anything. It just reframes old Twitter posts in a malevolent light.
    -
    -This is, to put it mildly, pizzagate/illuminati level conspiratorial slop. Text also reeks of being written by an LLM, full of drama, which is par for the course.
    -
    -Of course they put "bug" in quotes when describing a retirement attack, because that's what the attack entails, intentionality. It doesn't mean they are subtly nodding to their own "bug" like some Illuminati-type villain.
    -
    -Of course physical dice rolls are opt-in and not the default source of entropy, because they want to make the device user-friendly. Nobody wants to do the dice rolls. Them saying that doing dice rolls is the only way to absolutely ensure you don't get affected by attacks or bugs is just a fact, again not some conspiratorial nod to their own malevolence.
    -
    -The part about the alias identity is the only thing that is actually weird here, but it still doesn't prove anything. It makes no sense that he'd make an alias and configure signing using the same key, but hey, maybe it's another subtle nod and "hiding in plain sight" eh?
    +[deleted]
     
     comment: p31siwp
     parent: t1_p30l1bz
     
     comment: p33ttis
     parent: t1_p30u3bn
    -author: Save_JR
    +author: [deleted]
     created_utc: 1786478899
     edited: false
     body:
    -Dumbass
    +[removed]
     
     comment: p33wi8x
     parent: t1_p30mcmr
     edited: false
     body:
     same here. 
    +
    +comment: p3ncej2
    +parent: t3_1vld3rt
    +author: Levitdon
    +created_utc: 1786715493
    +edited: false
    +body:
    +Those old affected devices which haven’t been flashed with the updated software from CoinKite, are now the ONLY available hardware evidence left to further investigate what else might be further compromised leading to the known yet unknown! Beware, the real Truth is hard to Bear!
    
    Extracted text as captured
    post: 1vld3rt
    author: Main-Massive
    created_utc: 1786442201
    title: Why did Coinkite destroy its inventory?
    body:
    The company published a note claiming they destroyed all their inventory (devices affected by the bug). Why? Why couldn’t they just reflash them with the fixed firmware?  I can’t stop thinking there is something else to it.  Should users of coldcard devices be concerned? They are being asked to upgrade firmware and be at peace of mind. Why didn’t Coinkite do 5he same?  Could there be more we are not being told and involves a hardware-level bug?
    
    comment: p30a4jm
    parent: t3_1vld3rt
    author: JumpProfessional3372
    created_utc: 1786442341
    edited: false
    body:
    Maybe they said that "for the record".  
    Because in their store I see them with the message *"New units ship with corrected firmware. Remember to always upgrade on receipt."*
    
    [https://store.coinkite.com/store](https://store.coinkite.com/store)
    
    
    
    comment: p30a7jh
    parent: t3_1vld3rt
    author: CoffeeAlternative647
    created_utc: 1786442380
    edited: false
    body:
    I am sorry, but if there are users of coldcard still, they're either masoquist, naive or retarded.
    
    comment: p30aey9
    parent: t3_1vld3rt
    author: Elistheman
    created_utc: 1786442478
    edited: false
    body:
    No trust.   
    My CC is in the drawer collecting dust.   
    I can’t believe this was touted as the best BTC wallet. 
    
    comment: p30b69c
    parent: t1_p30aey9

    Excerpt only. The complete copy is held offline and backs quotations on this site. The original publication remains the canonical public source.

  2. source content difference between and source content +26 -0

    The thread gained two new comments: one by snek-jazz linking wider vulnerability discovery to AI-assisted auditing, and a short agreement from Oxymorix.

    seen · Captured here 25,110 chars
    What changed from the previous capture 26 lines
     edited: false
     body:
     Yes.
    +
    +comment: p3ecm19
    +parent: t1_p3d43mn
    +author: snek-jazz
    +created_utc: 1786605116
    +edited: 1786611722
    +body:
    +> I don’t know anyone that could perform that task and most people don’t either.
    +
    +AI can now do it better than people, that's what changed, and why the bug which had been there for 5 years was found right after Kimi 3 launched, and why Rob Hamilton and others who got a fire lit under them because of this found loads more vulnerabilities in other bitcoin related projects in the following days.
    +
    +>  from what I saw it didn’t even need AI to find it, no one actually audited it. 
    +
    +Attackers had 5 years and plenty of incentive to find this and still didn't until AI could do it, that's the evidence. 
    +
    +> It’s still gross negligence, they should be auditing their own code to find stuff like that.
    +
    +They should but there was no guarantee they would have anyway since the attackers didn't either, the AI models didn't exist to do it when the code was written, but they do now. We're seeing bug reports sky rocket all over the software industry lately because of this.
    +
    +comment: p3ef1fz
    +parent: t1_p3cmmwe
    +author: Oxymorix
    +created_utc: 1786606304
    +edited: false
    +body:
    +same here. 
    
    Extracted text as captured
    post: 1vld3rt
    author: Main-Massive
    created_utc: 1786442201
    title: Why did Coinkite destroy its inventory?
    body:
    The company published a note claiming they destroyed all their inventory (devices affected by the bug). Why? Why couldn’t they just reflash them with the fixed firmware?  I can’t stop thinking there is something else to it.  Should users of coldcard devices be concerned? They are being asked to upgrade firmware and be at peace of mind. Why didn’t Coinkite do 5he same?  Could there be more we are not being told and involves a hardware-level bug?
    
    comment: p30a4jm
    parent: t3_1vld3rt
    author: JumpProfessional3372
    created_utc: 1786442341
    edited: false
    body:
    Maybe they said that "for the record".  
    Because in their store I see them with the message *"New units ship with corrected firmware. Remember to always upgrade on receipt."*
    
    [https://store.coinkite.com/store](https://store.coinkite.com/store)
    
    
    
    comment: p30a7jh
    parent: t3_1vld3rt
    author: CoffeeAlternative647
    created_utc: 1786442380
    edited: false
    body:
    I am sorry, but if there are users of coldcard still, they're either masoquist, naive or retarded.
    
    comment: p30aey9
    parent: t3_1vld3rt
    author: Elistheman
    created_utc: 1786442478
    edited: false
    body:
    No trust.   
    My CC is in the drawer collecting dust.   
    I can’t believe this was touted as the best BTC wallet. 
    
    comment: p30b69c
    parent: t1_p30aey9

    Excerpt only. The complete copy is held offline and backs quotations on this site. The original publication remains the canonical public source.

  3. source content difference between and source content +20 -0

    The thread gained two new replies: Mr_Ander5on argued that most users cannot audit code and that Coinkite's failure to do so is gross negligence, and AnthonyBTC simply answered yes.

    seen · Captured here 23,930 chars
    What changed from the previous capture 20 lines
     edited: false
     body:
     is that right?  less than 10 employees?
    +
    +comment: p3d43mn
    +parent: t1_p39oon3
    +author: Mr_Ander5on
    +created_utc: 1786586594
    +edited: false
    +body:
    +I can’t audit code so I would have to trust them. I don’t know anyone that could perform that task and most people don’t either.
    +
    +99% of people are trusting, and from what I saw it didn’t even need AI to find it, no one actually audited it. No third party audits, everyone just trusted cold card.
    +
    +It’s still gross negligence, they should be auditing their own code to find stuff like that. 
    +
    +comment: p3dgm9d
    +parent: t1_p3cmv3y
    +author: AnthonyBTC
    +created_utc: 1786590995
    +edited: false
    +body:
    +Yes.
    
    Extracted text as captured
    post: 1vld3rt
    author: Main-Massive
    created_utc: 1786442201
    title: Why did Coinkite destroy its inventory?
    body:
    The company published a note claiming they destroyed all their inventory (devices affected by the bug). Why? Why couldn’t they just reflash them with the fixed firmware?  I can’t stop thinking there is something else to it.  Should users of coldcard devices be concerned? They are being asked to upgrade firmware and be at peace of mind. Why didn’t Coinkite do 5he same?  Could there be more we are not being told and involves a hardware-level bug?
    
    comment: p30a4jm
    parent: t3_1vld3rt
    author: JumpProfessional3372
    created_utc: 1786442341
    edited: false
    body:
    Maybe they said that "for the record".  
    Because in their store I see them with the message *"New units ship with corrected firmware. Remember to always upgrade on receipt."*
    
    [https://store.coinkite.com/store](https://store.coinkite.com/store)
    
    
    
    comment: p30a7jh
    parent: t3_1vld3rt
    author: CoffeeAlternative647
    created_utc: 1786442380
    edited: false
    body:
    I am sorry, but if there are users of coldcard still, they're either masoquist, naive or retarded.
    
    comment: p30aey9
    parent: t3_1vld3rt
    author: Elistheman
    created_utc: 1786442478
    edited: false
    body:
    No trust.   
    My CC is in the drawer collecting dust.   
    I can’t believe this was touted as the best BTC wallet. 
    
    comment: p30b69c
    parent: t1_p30aey9

    Excerpt only. The complete copy is held offline and backs quotations on this site. The original publication remains the canonical public source.

  4. Earliest copy held
    seen · Captured here 23,332 chars
    Extracted text as captured
    post: 1vld3rt
    author: Main-Massive
    created_utc: 1786442201
    title: Why did Coinkite destroy its inventory?
    body:
    The company published a note claiming they destroyed all their inventory (devices affected by the bug). Why? Why couldn’t they just reflash them with the fixed firmware?  I can’t stop thinking there is something else to it.  Should users of coldcard devices be concerned? They are being asked to upgrade firmware and be at peace of mind. Why didn’t Coinkite do 5he same?  Could there be more we are not being told and involves a hardware-level bug?
    
    comment: p30a4jm
    parent: t3_1vld3rt
    author: JumpProfessional3372
    created_utc: 1786442341
    edited: false
    body:
    Maybe they said that "for the record".  
    Because in their store I see them with the message *"New units ship with corrected firmware. Remember to always upgrade on receipt."*
    
    [https://store.coinkite.com/store](https://store.coinkite.com/store)
    
    
    
    comment: p30a7jh
    parent: t3_1vld3rt
    author: CoffeeAlternative647
    created_utc: 1786442380
    edited: false
    body:
    I am sorry, but if there are users of coldcard still, they're either masoquist, naive or retarded.
    
    comment: p30aey9
    parent: t3_1vld3rt
    author: Elistheman
    created_utc: 1786442478
    edited: false
    body:
    No trust.   
    My CC is in the drawer collecting dust.   
    I can’t believe this was touted as the best BTC wallet. 
    
    comment: p30b69c
    parent: t1_p30aey9

    Excerpt only. The complete copy is held offline and backs quotations on this site. The original publication remains the canonical public source.

How to check this yourself

The excerpts and plain unified diffs above show the text this project held and how it changed. To verify a quotation, compare it against the page itself or against the Internet Archive's copies, which are independent of this project.

Complete captures are held offline rather than mirrored here, so this page shows diffs and excerpts. If a quotation is ever disputed, the full copy can be produced. Ask.