Bitcoin Success School

Bitcoin Is Getting Distracted… And That’s Dangerous

August 15, 2026·32 min
Episode Description from the Publisher

The Coldcard disaster was a brutal reminder that Bitcoin security never sleeps...In this conversation, I’m joined by long-time Australian Bitcoiner and entrepreneur Michael Dunworth to unpack what the last few weeks in Bitcoin actually tell us about self-custody, security and the direction Bitcoin is heading.We cover:- Why he believes Bitcoin needs to stay focused on being money- The problem with scope creep in Bitcoin- Bitcoin Core vs Knots and why multiple implementations matter- Why the Coldcard vulnerability should be a wake-up call for the entire industry- Why security is an arms race that never ends- Whether the Coldcard situation should make people reconsider self-custody- Why self-custody is a spectrum rather than an all-or-nothing decision⬇️ Learn moreNeed help doing self-custody properly and securely? Book a free 30 minute call: https://bitcoinsuccessschool.comGet 5% off your MicroSeed (Seed Phrase Backup): https://microseed.io/?ref=bssFollow/Connect with me:- Follow me on X (Twitter): https://x.com/FinCreighton- Follow me on Instagram: https://instagram.com/fincreighton- Subscribe for new episodes: https://youtube.com/@FinCreightonFollow Michael:- X: https://x.com/MichaelDunwort1- Michael’s GitHub: https://github.com/miked123

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