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Coldcard trust issues prompt reconsideration of wallet recommendations, Alex Gladstein notes

Coldcard trust issues prompt reconsideration of wallet recommendations, Alex Gladstein notes
Coldcard and bitcoin-only trust concerns

Alex Gladstein, chief strategy officer at the Human Rights Foundation, shares initial reflections on the recent difficulties surrounding Coldcard, a bitcoin-only wallet provider.

Gladstein admits that many users, himself included, placed too much trust in Coldcard, especially after it became source-viewable but not fully open source. He points to challenges in relying on providers that limit openness and stresses the importance of caution in evaluating technology critical to financial freedom.

Gladstein previously highlighted paying for a haircut with Bitcoin, demonstrating how Square enables straightforward crypto payments for everyday transactions through a real-world example. He has also reported on Nostr powering two of the top three trending projects on GitHub, noting a rise in attention for open protocols in the technology sector through recent developer activity. These posts reflect Gladstein’s ongoing interest in practical and technical advances around Bitcoin and related systems.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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