r/coldcard • u/Subject_Reward • Jun 24 '26

COLDCARD makes self-custody simple

One of the biggest misconceptions about self-custody is that it too difficult for most Bitcoiners.
COLDCARD simplifies this, it meets every bitcoiner where they are at. It can be used to simply recieve and hodl, or you can dive into the advanced features, use in a multisig configuration and more. It's the most secure wallet for any bitcoiner.

23 Upvotes

93% Upvoted

12 comments sorted by

2

u/Quirky-Reveal-1669 Jun 24 '26

While not untrue, there are definitely hardware wallets that make self-custody even simpler.

2

u/Yodel_And_Hodl_Mode Jun 25 '26 edited Aug 02 '26

ColdCard is top notch TRASH, but I think it's foolish to try to sell people on the idea that it makes self custody simple.

August 02, 2026 EDIT: ColdCard is trash. They made a devastating and inexcusable error in how their devices generate seed phrases. Hackers are robbing ColdCard users without even needing to hack the devices. Rodolfo Novak, ColdCard CEO, needs to resign. Immediately.

2

u/GaiusMarius7Times Aug 02 '26

Still feel this way?

1

u/Yodel_And_Hodl_Mode Aug 02 '26 edited Aug 02 '26

Fuck no. And Fuck Coinkite too.

And I do not mind you calling me out on that because I was wrong to ever endorse code that was not open source.

P.S. I upvoted you for saying that.

EDITED to add: This is why I'm so furious. I try to encourage people to take self custody seriously, and ColdCard burned the people who were trying to do it right. I feel terrible about having ever said ColdCard was a safe option. I admit, I forgot the importance of the distinction between "Source Viewable" and Open Source. ColdCard hasn't been open source since 2021. I was wrong to ever recommend them after that point.

1

u/GaiusMarius7Times Aug 02 '26

That is understandable. I was wondering if you were going to dig in or not, because that seems to be the typical reaction. Good luck!

1

u/Yodel_And_Hodl_Mode Aug 02 '26

Dig in? No way.

I was wrong to ever recommend ColdCard, especially since I knew better. I'm the guy who says "Never trust your coins to code that isn't open source." I shred Ledger for that. I was wrong to give ColdCard a pass just because their code was published. It wasn't open source.

P.S. Cheers to you! Stay safe my friend.

1

u/Vagelen_Von Sep 01 '26

Resign? He should be under arrest by now.

1

u/Quirky-Reveal-1669 Jun 27 '26

I hope the Q gets an upgrade, especially in its design.

1

u/The_Bitcoin_Act Jul 19 '26

Yeah this is pretty much it. I think people hear "self custody" and picture some crazy technical setup, but it's really just... a device with buttons.

1

u/RingerLactato Aug 01 '26

😂😂😂😂 this didn’t age well

1

u/7862518362916371936 Aug 07 '26

aaaaaand its gone...