The Bitcoin Way PodcastThe creator of SeedSigner — a former cop turned stay-at-home dad turned open-source Bitcoin developer — joins Michael Jordan to break down the ColdCard entropy bug, what it revealed about hardware wallet trust, and why NVK waged a years-long campaign against the SeedSigner project.
"Seed" explains how SeedSigner's intentional statelessness and air-gapped design minimizes the trust required from non-technical users, what actually happened with the OpenSats funding rejections, why DIY cold storage is more accessible than the Bitcoin community gives it credit for, and his strong take on why cloud-connected multi-sig solutions like BitKey are the wrong lesson to learn from the ColdCard incident.
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⏱️ TIMESTAMPS:
00:00 Intro
01:26 The Cold Card entropy bug, explained
07:35 "The most notable feature of SeedSigner is how unambitious it is"
09:02 Dice rolls, BIP39 lottery and camera entropy
12:35 Why air-gapped QR signing shrinks the attack surface
13:38 From digital forensics cop to Bitcoiner
17:01 SeedSigner's origins: Specter DIY and a Raspberry Pi
25:57 A volunteer project, not a company
32:36 The NVK feud and the SeedQR criticism
38:32 Raspberry Pi firmware and supply chain trade-offs
44:03 Four OpenSats applications, four rejections
50:00 Single SeedSigner multisig vs multi-vendor multisig
1:01:03 Why "trust harder" is the wrong lesson from Cold Card
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