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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
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