A Bitcoiner I know, weeks away from getting married and trying to start a family, just lost his life savings by entering his seed phrase into a fake CoinKite website.
We argue endlessly about Saylor. We fight over BIPs. We have infinite energy for tribal warfare and almost none for the thing actually destroying people, that we hand newcomers their own keys and call it freedom without ever teaching them how to hold them.
He did what we told him to do. He took self custody. Nobody taught him how to keep it, and his wallet gave him zero margin for a single mistake.
The deeper failure is architectural. We built a culture where one secret, typed into one wrong website, ends a family's financial life in seconds. It does not have to work that way. This is exactly why
@BitvaultApp is being built. Multisig means a phished seed phrase is one key out of three, useless on its own. Time delayed spends enforced on chain mean nothing moves instantly even when something goes wrong, and you get alerted while there is still time to act. Single secret means instant loss with no recourse is a design choice, and we should stop defending it.
If you orange pilled someone, check their setup. The next story like this might be someone you brought in and then left alone.
More on this soon.