Blockspace: AI & Bitcoin CULTURE: How to Protect Yourself from a Crypto Kidnapping
Get your tickets to OPNEXT 2026 before prices increase! Join us on April 16 in NYC for technical discussions, investor talks, and intimate conversation with the brightest minds in Bitcoin.
Chris Seedor of Seedor & Bitsurance joins us to talk about the rising threat of physical "wrench attacks" and advanced Bitcoin self-custody. We discuss the 70% spike in violence against BTC owners, using Miniscript for time-locked security, and how AI-driven phishing is bypassing video IDs. Chris explains why simple seed phrases are high-risk and how protocol changes like covenants could revolutionize reactive security for all holders.
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Notes:
* Physical attacks up 70% since 2024
* 74 documented Bitcoin physical attacks
* 1 in 10 kidnappings resulted in death
* Successful attacks occur 66% of the time
* $1.5B Ethereum stolen in Bybit hack
Timstamps
00:00 Start
03:26 Chris has a real job?
05:40 Hardware wallet vs steel backup?
08:12 Understanding your risk surface area
11:17 Attacker landscape
15:50 Shift in mindset
17:10 Even smart people get scammed
18:38 AI supercharging scams
20:50 New ways of securing your BTC
23:48 What's happening technically
25:58 Security on other chains
28:42 Softforks
31:53 Tools for the baddies (ordinals / runes)
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