Bitcoin Audible

"There's a lot of emphasis on the moment at how AI is making everything less secure, and that is a part of the story. Of course, any tool, any powerful tool has its advantages and disadvantages or has the thing bad guys can use it, good guys can use it. But the power that I think this actually gives the individual for doing stuff like recovery, I think that in the long run, there's going to be way more people who use this to recover their funds than people who use it and manage to steal someone else's funds. Because of the information you can give it, I got it to interview me: how did I store the seed words? Did I do it in columns or did I do it in rows? Did I mix it? All that stuff I can choose selectively to give to the AI, whereas an attacker, they're basically going in with a kind of like a blank slate and trying to do an attack from relatively low amounts of knowledge in terms of your setup."
~ STACKTOTHEFUTURE

In this Chat, I sit down with my producer and good friend STACKTOTHEFUTURE to unpack how he almost lost half his Bitcoin stack to hardware wallet failures. First from the Coldcard entropy bug scare, then from a degraded Ledger screen and an “invalid checksum” seed.

We walk through his AI-assisted recovery process, why tools like BTCRecover and careful prompting can let you fix mistakes without trusting anyone with your keys, and how this led him to build Keybackup, an open-source printable paper backup for Bitcoin wallets.

Along the way we dive into AI as a net security positive, self-custody tradeoffs, wallet UX for normies, and the Opsec tradeoffs of being public about Bitcoin.

Chapters
(00:00:00) - Introduction
(00:03:42) - Pearcast and AI workflow
(00:06:47) - STACKTOTHEFUTURE joins the show
(00:12:12) - Coldcard vulnerability and Ledger screen fail
(00:20:47) - More supply chain attacks and fake wallet apps
(00:36:00) - Invalid checksum & AI-assisted recovery
(00:58:30) - Red-teaming code and the singularity stack
(01:30:35) - Upgrading paper seed backups with keybackup
(01:42:58) - Opsec, physical security, and PO boxes

Guest Links
STACKTOTHEFUTURE on X (Link: https://twitter.com/stack2thefuture)
KeyBackup's Website (Link: https://keybackup.org/)

Affiliate Links

Become sovereign, hold your keys, be censorship resistant with the Bitbox hardware wallet. Get 5% off everything in the store with code GUY (Link: https://bitbox.swiss/)

Get 10% off the best Bitcoin board game in the world, HODLUP! Or any of the other great games from The Free Market Kids! Use code GUY10 at checkout for 10% off your cart! (Link: https://www.freemarketkids.com/collections/games-1)

Host Links
⁠⁠Guy on Nostr ⁠(Link: http://tinyurl.com/2xc96ney)
⁠Guy on X ⁠(Link: https://twitter.com/theguyswann)
Guy on Instagram (Link: https://www.instagram.com/theguyswann)
Guy on TikTok (Link: https://www.tiktok.com/@theguyswann)
Guy's Takes on YouTube (Link: https://www.youtube.com/@GuysTake)
Guy Swann on YouTube (Link: https://www.youtube.com/@theguyswann)
⁠Bitcoin Audible on X⁠ (Link: https://twitter.com/BitcoinAudible)
The Guy Swann Network Broadcast Room on Keet (Link: https://tinyurl.com/3na6v839)

bitcoin #economics #freedom

Chapters

(00:00:00) - Introduction

(00:03:42) - Pearcast and AI workflow

(00:06:47) - STACKTOTHEFUTURE joins the show

(00:12:12) - Coldcard vulnerability and Ledger screen fail

(00:20:47) - More supply chain attacks and fake wallet apps

(00:36:00) - Invalid checksum & AI-assisted recovery

(00:58:30) - Red-teaming code and the singularity stack

(01:30:35) - Upgrading paper seed backups with keybackup

(01:42:58) - Opsec, physical security, and PO boxes

Affiliate Links

Become sovereign, hold your keys, be censorship resistant with the BitBox hardware wallet. Get 5% off everything in the store with code GUY. (Link: https://bitbox.swiss/guy/)

Get 10% off the best Bitcoin board game in the world, HODLUP, or any of the other great games from The Free Market Kids. Use code GUY10 at checkout for 10% off your cart. (Link: https://www.freemarketkids.com/collections/games-1)

Host Links

Guy on Nostr (Link: http://tinyurl.com/2xc96ney)

Guy on X (Link: https://twitter.com/theguyswann)

Guy on Instagram (Link: https://www.instagram.com/theguyswann)

Guy on TikTok (Link: https://www.tiktok.com/@theguyswann)

Guy's Take on YouTube (Link: https://www.youtube.com/@GuysTake)

Guy Swann on YouTube (Link: https://www.youtube.com/@theguyswann)

Bitcoin Audible on X (Link: https://twitter.com/BitcoinAudible)

The Guy Swann Network Broadcast Room on Keet (Link: https://tinyurl.com/3na6v839)

"This isn't one bad week. It's the start of something we all need to be prepared for.

Just look at the numbers. Security firm CrowdStrike says the attacks it sees that likely involve AI agents more than doubled in August, then doubled again in September. And if this week is any indication, it's only speeding up."
~ Matt Shumer

In this Read, I walk through why this new wave of AI-driven hacks isn’t just another bad week for cybersecurity but the beginning of a structural shift in how we protect ourselves on the internet.

Using Matt Shumer’s latest piece “The Internet is Under Attack” as a launchpad, I dig into AI exploit tooling, social-engineering scams powered by human-like voice models, and why trust in remote systems is rapidly crumbling.

I close with concrete steps you can take right now to harden your digital life and why Bitcoin, private spaces, and verifiable proofs are going to matter more than ever.

Check out the original article: The Internet Is Under Attack by Matt Shumer (Link: https://somethingbig.ai/something-big-is-happening-in-cyber)

Chapters

(00:00:00) - Introduction

(00:01:46) - The Internet Is Under Attack

(00:06:01) - Why this is different

(00:07:55) - This is going to keep happening

(00:09:02) - What this means for you

(00:10:03) - What to do today

(00:13:09) - Guy’s security habits

(00:24:00) - Private spaces vs public web

(00:32:58) - AI, work and small business

(00:42:50) - Future of security and proof

Affiliate Links

Become sovereign, hold your keys, be censorship resistant with the BitBox hardware wallet. Get 5% off everything in the store with code GUY. (Link: https://bitbox.swiss/guy/)

Get 10% off the best Bitcoin board game in the world, HODLUP, or any of the other great games from The Free Market Kids. Use code GUY10 at checkout for 10% off your cart. (Link: https://www.freemarketkids.com/collections/games-1)

Host Links

Guy on Nostr (Link: http://tinyurl.com/2xc96ney)

Guy on X (Link: https://twitter.com/theguyswann)

Guy on Instagram (Link: https://www.instagram.com/theguyswann)

Guy on TikTok (Link: https://www.tiktok.com/@theguyswann)

Guy's Take on YouTube (Link: https://www.youtube.com/@GuysTake)

Guy Swann on YouTube (Link: https://www.youtube.com/@theguyswann)

Bitcoin Audible on X (Link: https://twitter.com/BitcoinAudible)

The Guy Swann Network Broadcast Room on Keet (Link: https://tinyurl.com/3na6v839)

I break down four of the biggest lies we’re told about inflation, from the idea that prices must always rise to the fantasy that GDP growth means we’re getting richer. I show how money printing, cheap debt, and fake economic metrics quietly transfer real wealth from workers and savers to the already powerful. If you’ve ever wondered why everything feels more expensive and more fragile, this is a quick demolition of the stories we’ve been sold.

Chapters

(00:00:00) - Introduction

(00:00:21) - Everything should always get more affordable

(00:01:16) - Corporate greed cannot cause real inflation

(00:02:42) - Inflation only hurts the economy

(00:04:16) - GDP is not a useful metric

(00:05:37) - Closing thoughts

Affiliate Links

Become sovereign, hold your keys, be censorship resistant with the BitBox hardware wallet. Get 5% off everything in the store with code GUY. (Link: https://bitbox.swiss/guy/)

Get 10% off the best Bitcoin board game in the world, HODLUP, or any of the other great games from The Free Market Kids. Use code GUY10 at checkout for 10% off your cart. (Link: https://www.freemarketkids.com/collections/games-1)

Host Links

Guy on Nostr (Link: http://tinyurl.com/2xc96ney)

Guy on X (Link: https://twitter.com/theguyswann)

Guy on Instagram (Link: https://www.instagram.com/theguyswann)

Guy on TikTok (Link: https://www.tiktok.com/@theguyswann)

Guy's Take on YouTube (Link: https://www.youtube.com/@GuysTake)

Guy Swann on YouTube (Link: https://www.youtube.com/@theguyswann)

Bitcoin Audible on X (Link: https://twitter.com/BitcoinAudible)

The Guy Swann Network Broadcast Room on Keet (Link: https://tinyurl.com/3na6v839)

"The cost of intelligence keeps falling toward the cost of electricity, and everyone will share in what that intelligence can do.

Bitcoin captures the gains directly, while in dollar terms they are inflated away."

~ Early RIders

In this episode I read and unpack “The Singularity Stack” by Early Riders, a framework that follows energy as it becomes compute, intelligence, agent work, and finally settles in money. I connect that thesis to Bitcoin, arguing that only a fixed-supply asset can actually capture the deflationary gains of AI-driven productivity instead of inflating them away. Along the way, I walk through my own AI and peer-to-peer-powered production stack as a concrete example of how fast this feedback loop is already moving.

Check out the original report: The Singularity Stack by Early Riders (Link: https://earlyriders.com/singularity-stack/)

Affiliate Links

Become sovereign, hold your keys, be censorship resistant with the Bitbox hardware wallet. Get 5% off everything in the store with code GUY (Link: https://bitbox.swiss/)

Get 10% off the best Bitcoin board game in the world, HODLUP! Or any of the other great games from The Free Market Kids! Use code GUY10 at checkout for 10% off your cart! (Link: https://www.freemarketkids.com/collections/games-1)

Host Links

⁠⁠Guy on Nostr ⁠(Link: http://tinyurl.com/2xc96ney)

⁠Guy on X ⁠(Link: https://twitter.com/theguyswann)

Guy on Instagram (Link: https://www.instagram.com/theguyswann)

Guy on TikTok (Link: https://www.tiktok.com/@theguyswann)

Guy's Takes on YouTube (Link: https://www.youtube.com/@GuysTake)

Guy Swann on YouTube (Link: https://www.youtube.com/@theguyswann)

⁠Bitcoin Audible on X⁠ (Link: https://twitter.com/BitcoinAudible)

The Guy Swann Network Broadcast Room on Keet (Link: https://tinyurl.com/3na6v839)

In this breakdown of the Ledger supply chain hack, I walk through how a tiny hardware implant turned legitimate hardware wallets into seed-stealing spy devices. I cover who’s actually at risk, why buying from resellers is a ticking time bomb, and what self-custody conditions are now non‑negotiable for serious bitcoiners. This isn’t the end of self-custody but a painful step we have to take to make it robust enough for the world we’re heading into.

Chapters

(00:00:00) - The Great Hackening continues

(00:02:05) - Resellers and attack surfaces

(00:02:38) - Timeline and who's at risk

(00:03:53) - Inside the Ledger implant

(00:06:06) - Genuine check still passed

(00:07:00) - Who is actually at risk

(00:09:51) - Is self-custody dead?

(00:13:37) - What does this change

(00:15:45) - Conclusion

Affiliate Links

Become sovereign, hold your keys, be censorship resistant with the Bitbox hardware wallet. Get 5% off everything in the store with code GUY (Link: https://bitbox.swiss/guy/)

Get 10% off the best Bitcoin board game in the world, HODLUP! Or any of the other great games from The Free Market Kids! Use code GUY10 at checkout for 10% off your cart! (Link: https://www.freemarketkids.com/collections/games-1)

Host Links

⁠Guy on Nostr ⁠(Link: http://tinyurl.com/2xc96ney)

⁠Guy on X ⁠(Link: https://twitter.com/theguyswann)

Guy on Instagram (Link: https://www.instagram.com/theguyswann)

Guy on TikTok (Link: https://www.tiktok.com/@theguyswann)

Guy's Takes on YouTube (Link: https://www.youtube.com/@GuysTake)

Guy Swann on YouTube (Link: https://www.youtube.com/@theguyswann)

⁠Bitcoin Audible on X⁠ (Link: https://twitter.com/BitcoinAudible)

The Guy Swann Network Broadcast Room on Keet (Link: https://tinyurl.com/3na6v839)