/biz/ - Business & Finance

[Anonymous No.53114684]

>Founding bitcoin guy
>Super 1337
>Cold stored coins
>Spent $10000 on Talos II PPC with no Intel/AMD backdoors
>Installed gentoo and compiled everything from source
>Lost it all because he didn't buy a $50 yubikey
RIP another cryptobillionaire about to 'suicide'

[Anonymous No.53114703]

white boys cant compete

[Anonymous No.53114755]

What I dont understand is.. why is everyone calling it cold storage....when what he did is not cold storage.....

[Anonymous No.53114766]

>>53114684
IT IS POSSIBLE FOR ANOTHER PERSON TO GENERATE THE SAME PRIVATE KEY AS YOURS


BITCOIN IS DONE AAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAAAAAAAAAAAaAAAAAAAA

[Anonymous No.53114836]

Should have kept it in exchange.

[Anonymous No.53114844]

>>53114684
i just got done combing them. combheads have been working for hours like piranhas because the hacked left them unclaimed after the transfer. feeding fucking frenzy came out with 4 btc

[Anonymous No.53114864]

>>53114766
keys.lol

[Anonymous No.53114882]

>>53114844

[Anonymous No.53114898]

>>53114684
His compromised keys were stored on a VM on a cloud VM provider. It wasn't cold storage.

[Anonymous No.53114913]

I checked that morons twitter.

His computer was not hacked and a keylogger didnt pick his passwords.

Instead he had no computer. Well he did but had nothing on it, instead he used a physical server in some public hosting company where he ran his....computer on, on some server:D

So he didnt have a local hard drive where he kept his stuff, he kept them in some "server" that he "configured" so he can act like he is some "linux professional".
....well the server he rented was accessed physically in the server room for 5 minutes 2 months ago. Booted to something else for a moment, even though it was "supposedly impossible". After the boot, he continues to use it.

I think his server linux OS was put inside somekinda virtualization during the 5min. There they likely saw everything he did for the last months and could see raw bytesniffed internet data, maybe even who knows what, and picked all his stuff.

So this moron owns several bitcoins, looses them all like this? I own 0 bitcoins and would never mess up like this.

What a fucking idiot.

[Anonymous No.53114915]

>>53114898
Why would someone do that? Well, I understand if someone retarded would do it, but why would a long-time Bitcoin dev do it?

[Anonymous No.53114920]

>>53114915
just because hes a bitcoin dev doesnt mean hes smart

[Anonymous No.53114929]

>>53114920
The server owners likely identified him and looked what hes doing...and boom

[Anonymous No.53114935]

>>53114920
>>53114913
>the server he rented was accessed physically in the server room for 5 minutes 2 months ago. Booted to something else for a moment, even though it was "supposedly impossible". After the boot, he continues to use it.
I can't believe someone who's been in crypto for so long could actually be so retarded. It's too unbelievable.

[Anonymous No.53114955]

Seems he is a literal retard
1/3

[Anonymous No.53114960]

>>53114955

[Anonymous No.53114966]

>>53114955
,

[Anonymous No.53114995]

Ong

[Anonymous No.53115083]

What he did is equivalent to putting a couple mil inside a rented locker at the local gym and being surprised when someone picked the lock and stole it.

[Anonymous No.53115096]

Thanks for playing :)

[Anonymous No.53115108]

>>53114955
>bitcoin core dev
>what is TAILS
I hate the crypto community. Even the devs are retards. Satoshi come back pls.

[Anonymous No.53115115]

>>53114684
brainwallet wins again

[Anonymous No.53115120]

I don't get why people do all these convoluted solutions to keep their coins. Hosting companies and servers? Why not just generate a wallet on an offline computer, put the seed in some tiny sealed container and hide it somewhere good and then overwrite/destroy the hard drive? I could jump on a bike in the middle of the night and go 20 miles out into the country and find some ancient cultural heritage building, drill a small hole in the eaves that can't be spotted from the ground, slip the container in and seal it with a wood plug. Time stands still in those places and nobody goes there

[Anonymous No.53115198]

His money is now here:
https://www.blockchain.com/explorer/addresses/btc/1YAR6opJCfDjBNdn5bV8b5Mcu84tv92fa

[Anonymous No.53115267]

>>53114836

[Anonymous No.53115478]

>>53114684
>cold coins
>on a computer connected to the internet outside your physical control
That's not cold. It's the furthest from cold you can get. That shit was so hot it could be seen from space. What an absolute fucking idiot.

[Anonymous No.53115491]

>>53114684
So the bitcoin hack is appearing to be true. Maxis will seethe and hopefully cope and not rope.

[Anonymous No.53115563]

>>53115108
Satoshi wasn't a strong developer, he was a network guy. In particular, he had little knowledge of cryptography.

[Anonymous No.53115680]

>>53114684
https://twitter.com/LukeDashjr/status/1593227756841578496
Someone accessed his server physically for 5 minutes, installed MULTIPLE backdoors and this absolute retard keeps using the same computer and storing his keys there.

[Anonymous No.53115696]

>>53114684
>>Spent $10000 on Talos II PPC with no Intel/AMD backdoors
Is this legit or a gimmick?

[Anonymous No.53115702]

>>53114755
Because Luke keeps calling it cold storage and being vague about how it was stored.

He was using a wallet format from 2012, single sig address, pretty damn stupid to not update it.

[Anonymous No.53115710]

>>53114898
>>53114915
>>53114920
I think that was one of the original theories, but Luke is being vague and denying it.

[Anonymous No.53115713]

>>53115696
Do you believe that every CPU made by intel for over a decade is backdoored?

[Anonymous No.53115727]

>>53114913
>What a fucking idiot.
How about leaving your keys somewhere, getting hacked, and still not going to the location you left the keys to see if they were tampered with.

He keeps blaming some super secret hack, but it's probably someone he knows.

[Anonymous No.53115738]

>>53115713
Probably but I don't think I'm worthy of a 0 day.

Is Luke? Maybe, but there are some serious gaps in his logic not even doing to basics to protect his stash.

[Anonymous No.53115739]

Finnish 4chan discussion on it, turn on the translator
https://ylilauta.org/satunnainen/131169035

[Anonymous No.53115742]

>>53114766
why didnt he wrap his bitcoin?

[Anonymous No.53115772]

>>53115739
Ebin :DD

[Anonymous No.53115793]

>>53114684
>>53115108
>>53115478
>>53115727
>Roman #Catholic*, husband, father of 8 children, and #Bitcoin Core developer; INTP (*the pedos who took over Vatican City are NOT Catholic)
Why are you surprised a christard is a bumbling fool?

[Anonymous No.53115802]

>>53114684
notice how it's always bitcoiners this happens to because they are retarded

[Anonymous No.53115809]

>>53115802
Personal responsibility loss vs being rugged in a literal scam?

[Anonymous No.53115815]

>>53114955
HOW DOWNLOAD TAILS GUYS?
>>53115108
>I hate the crypto community. Even the devs are retards.
I can think of some devs with good opsec, certainly not bitcoin devs however because they are all retarded.

[Anonymous No.53115840]

>>53115809
>being rugged in a literal scam?
bitcoin is literally the CBDC trial run, buying it is a scam, especially at this price which is backed up by very little physical commerce (soon to be none once it's kicked off the DN).

Thanks for playing!

[Anonymous No.53115848]

>>53115793
and being an atheist makes you smart and capable right?

[Anonymous No.53115850]

>>53115815
>>53115840
Yeah everybody is retarded and will come around to your bullshit any day now...

[Anonymous No.53115856]

>>53115115
Poor kid on the left. Must be bad when you hate sounds and everyone is cheering for you.

[Anonymous No.53115877]

>crypto
Thanks for playing

[Anonymous No.53115881]

>>53115850
>Yeah everybody is retarded
Certainly everybody "invested" in bitcoin.

[Anonymous No.53115885]

a trezor would have saved him.. he had no cold storage

[Anonymous No.53115944]

>>53115885
He was schizo enough to worry about trezor's supply chain.

There's a way to validate firmware, use it on your own node, in a multi-sig set up.

If you're really paranoid get a coldcard, trezor, and jade

[Anonymous No.53115956]

>>53115120
I've got my written down in a safe place, and a photo of it mixed in with 100's of other photos hidden in a passworded file. No one knows its there and no hackers going to spend the time trying to find it.

[Anonymous No.53115965]

>>53115727
>Nobody knows they were there
>Apart from the guy who stole them

[Anonymous No.53115978]

>>53114684
>Founding bitcoin guy
that's ur mind on shitcoins. not even once!

[Anonymous No.53115996]

>>53115944
>There's a way to validate firmware, use it on your own node
what do you mean? could you explain?

[Anonymous No.53116039]

>>53115996
When you get a trezor there's a checklist

Make sure the package wasn't tampered
The holograms look good
Then you make sure the firmware on the device is correct

Most people use trezor bridge or some bullshit, but that leaks your privacy to trezor's servers

Next you have your bitcoin node and the applications that run on it.
You want to use a multi-sig wallet so you have specter, electrum, etc.

So now you have your node and your applications all in sync.

Next you want to connect to your node to your wallet software on your PC.
It's easy copy paste some guide

From there you can use your trezor through your node in a multisig

[Anonymous No.53116190]

>>53115739
Ketään ei kiinnosta

[Anonymous No.53116271]

>>53114684
he should just fork dash and give it a shiba inu tier supply, ICO it, and call it Dash Jr. at this point

[Anonymous No.53116290]

>>53114935
he disinfects frozen pizza to kill the memeflu, somehow didn't fall for the vacsneed but fell for masking and went the extra mile and mega doses vitd
guess cvg destroyed his psyche

[Anonymous No.53116326]

>>53115696
Kinda legit but you're better off with a libreboot supported AM3+ Bulldozer amd build if you want no ring 0 backdoor
Or some pre-ME librebootable thinkpad

[Anonymous No.53116390]

>>53115956
>checks logs
>hmm anon opens this frog.png often that is hidden in this password protected file
Not suspicious at all

[Anonymous No.53116397]

>>53115840
This.

[Anonymous No.53116444]

I keep all my notes and passwords written down in an old trs80 text program in an emulated trs-80 home pc thats run thru a windows xp virtual box.

[Anonymous No.53116590]

>>53116390
I don't ever open it, I know my login details which is two factor protected, but my seed phrase is backed up on that paper and the online copy is only there should I lose it. And again, you'd have to get into my cloud, break the password I locked it with beifre I uploaded it then go looking for it amongst hundreds of other files. Security though obscurity on top of the actual security.

[Anonymous No.53116620]

>>53114913
Am I retarded? Did he put his keys unencrypted into the server? I presume it's safe if you put your key on the cloud if you encrypt it with a super long password that is like 256 in length and truly random

[Anonymous No.53116628]

>>53115881
Lol, still hating btc? Fag.

[Anonymous No.53116655]

>>53115739
>Satunnainen
You have to go back

[Anonymous No.53116705]

>>53114684
He is not a founder and he was always a super autist.

That said he was probably targeted for being an Uber catholic schizo autist, this guy is next level autustic.

[Anonymous No.53116726]

>>53114755
>>53115702
Cold storage wasn't even a thing when Luke found Bitcoin. Men tend to do what has always worked for them. That's conservatism in a nutshell.

However, this is obviously US intelligence attacking Bitcoin. That's why the FBI will never give a shit. Russia using it for international payments is not acceptable to ZOG.

[Anonymous No.53116797]

this is an obvious attempt at a boating accident
if you look on chain, all the coins were joined back to a single address, similar to how he had been storing them originally

[Anonymous No.53116973]

>>53114955
Everyone is missing his point, it's not "how do I download TAILS?" It's that if all his machines are possibly compromised, anything he downloads or verifies with them could also be compromised. He needs a known-clean system to start picking up the pieces.

[Anonymous No.53117042]

>>53114684
>blockstream has terminated your contract

[Anonymous No.53117109]

>>53114913
Not your physical machine not your server, CLOUD HOSTING IDIOTS BTFO.

[Anonymous No.53117118]

>>53114913
lulz. thankx anon this was so funny!

am i alone or how many frens out there are running their own cloud on a 42U rack in their garage?

[Anonymous No.53117139]

>>53114755
>when what he did is not cold storage.....
not only is it not cold storage, this nimrod was not using a mega cloud provider for a server, he was using some tiny shitting hosting thing with compromised physical access.
absolutely unreal.

[Anonymous No.53117145]

Isn't this just the same old tired "le boating accident XDD" to avoid taxes though?

[Anonymous No.53117155]

>>53114898
>is compromised keys were stored on a VM on a cloud VM provider.
this it not even fully clear, I read back through alot of his twitter, it was not like he was in aws or azure, it sounded like this was a phy server in some guys garage that he got a "deal" on or some shit.
like legit I don't get it.

[Anonymous No.53117226]

>>53117042
i mean wouldnt he NEED to be fired to have faith restored? along with intense scrutiny of his contributions. i mean this is beyond embarrassing.

[Anonymous No.53117250]

>>53114684
>AAAAHHH i was hacked! all my bitcoin! they're all GONE. what am i going to do. someone stole my bitcoin! they're all lost. oh my god im ruined
his bitcoin were "stolen"

[Anonymous No.53117378]

Once you go over a couple millions in BTC, there is literally only one sensible way to store it.

Metal plates with key (in words) hammered in

Distribute equally over 20 or so "plate wallets"

Store the plates in some unknown cave in the Ice Wastes of Greenland

Make an encrypted treasure map with all the locations

Hire local natives to guard the caves, ensure they are techno illiterate savages

Have every guard shadow two other guards in a sort of decentralized savage byzantine double spy system

Your BTC is now secure.

[Anonymous No.53117408]

>>53114684
It isn't compromised.
They are saying this so they don't pay taxes or have it known they own some.

[Anonymous No.53117436]

>>53114684
So much wrong with this post. First of all, Luke is not a "founding bitcoin guy", he's a fucking idiot with bad hygiene. No where close to "1337". Second, his wallet was not a cold wallet. His seeds werent even on a airgapped device. Last, he was never a billionaire. He was begging for btc in 2017. Just like he will be begging for btc now and dumbass maxis will fall for it.

[Anonymous No.53117497]

>>53117378
based

[Anonymous No.53117994]

>>53114913
>even though it was "supposedly impossible". After the boot, he continues to use it.
this is the part I find to be impossible to believe, he thinks something that was booted from an unknown source could be "cleaned" of all the shit that could possibly have been done to it.
I just literally can't understand how he would not have immediately made new wallets, he did not immediately revoke his PGP keys, etc etc.
its seems improbably retarded, but people never cease to surprise.

[Anonymous No.53118035]

>>53117378
cant believe how stupid nocoiners can be. The ultimate security. 20 Metal plates scattered in permafrost. dollar dominance BTFO

[Anonymous No.53118040]

>>53117118
>am i alone or how many frens out there are running their own cloud on a 42U rack in their garage?
this is beyond retarded, seriously.
someone imagines this is better than AWS or azure or some shit, its just beyond belief.
if you insist on running some server not in aws or azure, then put it in your own fucking basement not someone elses.

[Anonymous No.53119252]

>>53115120
some people are too smart for their own good and are prone to using over-engineered solutions to simple problems just so they can flex their intelligence. this is also the reason most high IQ men are either not rich or actually poor. when it comes to survival it's not about the smartest way to survive but the most efficient and energy-saving way to survive.