Jimmy Song: Korean Bitcoin maximalists avoided ColdCard saga issues through dice rolls

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Daria Chernytska

05.08.2026

Jimmy Song: Korean Bitcoin maximalists avoided ColdCard saga issues through dice rolls — Korean Bitcoin maximalists used dice rolls

Jimmy Song, bitcoin educator, developer, and entrepreneur, highlights an interesting insight from the ColdCard saga.

He notes that nearly all Bitcoin maximalists in Korea were unaffected because they used dice rolls, attributing this to a strong local culture of doing things correctly within the Korean Bitcoin community.

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Song previously stated that losses from the FTX collapse were far greater than those related to ColdCard, adding that Bitcoin self-custody remains intact in both instances. He has also addressed security flaws in ColdCard devices and new developments in bitcoin security protocols. These comments contribute to ongoing discussion among self-custody advocates.

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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