
gifting crypto @useburner. digital locksmith at @arxresearch. prev @lockitron. apple // collector.
West
Joined March 2008
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While I have a lot of thoughts on the future of hardware wallets and self-custody, my biggest concern is the scale of the Ledger implant hack.
Apart from state level actors (Israeli pagers) we have never seen a hardware implant attack this significant in scale across hundreds of devices and multiple versions. The closest analogous attacks were by gangs who layered fake inputs on dozens of ATMs and replaced payment terminals, but in those cases nothing had to be carefully repackaged, sealed and sold as new to end consumers.
Hardware wallet companies claiming that they can best Ledger with tamperproof packaging and electronic tripwires are opportunistic at best and lying at worst.
The sophistication of the Ledger attack indicates that there exist bad actors with deep capabilities across multiple domains within the supply chain who are capable of executing at significant scale.
Hardware wallets aren't the only piece of consumer electronics we should be worried about.
Another spy implant confirmed, this one looks like the v1.0 of the one I have here, meaning there were more iterations.
xitter.cf/0xJohannes_/status/210…
Vote no on Amendment 87. It will make Colorado less appealing to both new and existing entrepreneurs.
Colorado doesn’t have unique access to tech, financial or industrial talent when compared to high tax states like California or New York.
It will become even less competitive with similarly situated states like Utah, Arizona and Nevada (and not competitive at all versus Texas, Florida and Wyoming).
Colorado has something awesome called the Taxpayer Bill of Rights. Among other things, it protects a simple principle: everyone pays the same state income-tax rate. If your income doubles, your tax doubles. Seems reasonable, right?
Amendment 87 would repeal that protection and nearly double the top marginal state tax rate while modestly reducing the lowest rates.
Under the new rules, doubling your taxable income could mean a state income-tax bill nearly four times what you’d owe on your current income today.
To me, this looks like a blatant attempt to buy votes: the majority votes themselves a tax break funded by much higher taxes on a small minority.
And it hits startups especially hard. Founders and early employees often spend years building something before receiving a substantial payoff from selling their shares after an IPO or in an acquisition. A decade of work with no guarantee of success can produce a payout counted as income in a single year—and taxed at much higher rates.
I’ve spent a decade building Boom in Colorado, on track to create hundreds of high-paying jobs. Colorado’s tax fairness was one reason I chose to build here. Now voters are being asked to change those rules and take a much larger share of a potential taxable payoff from that work.
Should I have built Boom in Texas, which has no state personal income tax? Should the next ambitious founder choose Colorado or somewhere else?
Colorado is at a crossroads. Do we want to stay true to our OG spirit of rugged independence, freedom, and fairness—or make Colorado a less attractive place to build?
Punishing success is morally wrong and bad policy to boot. We should be celebrating the people who build new things and create new wealth for themselves and others. Their work gives us companies, products, and jobs.
Let’s keep Colorado as one of the best places to live, build, create, and innovate—and to enjoy the rewards of our hard-fought efforts.
I’m voting no on Amendment 87.
It's funny how coaxing a budding superintelligence working on 150 year old math problems is similar to what you say to a toddler riding a bike.
Replying to @jarredsumner
I’m very much not a mathematician. I dropped out of high school at 16. I took about half of sophomore year geometry before dropping out. I didn’t contribute any math to the paper. I mostly just told Claude variations of “keep going” and “believe in yourself”
Happy Donuts used to fill this roll. It wasn’t uncommon for there to be a line at 230am.
The Origins of Corgi Cafe:
"A huge problem with San Francisco is that everything closes really early.
There are lots of startups that want to push themselves hard, but you can’t even find a cafe or a place to eat after 6:00 or 7:00 PM.
It’s a ridiculous situation, clearly most restaurants don’t have a growth mindset." @nico_laqua
Love to hear your thoughts on this @levelsio @davidu @jason @dhh
I don’t think anyone who isn’t a developer can fully grasp how absurd this is.
Jarred (and later a cracked team) spent years writing bun…and then they ported it to a new language *in less than a week*.
Replying to @jarredsumner
We’re treating this codebase like it’s under way more scrutiny than before, because it is.
A year ago, rewriting an entire 700k LOC codebase in a new language in 6 days was impossible. Today, it doesn’t sound like it should work. And yet, it works well.
Carry on luggage is one of the dumbest millennial psyops.
You hustle to get on the plane first and then wait uncomfortably for 30-45 mins onboard. What you can pack is limited. Cortisol nightmare.
Check generously, board last.
cameron retweeted
Physical cash is dying. Cryptocurrencies and stablecoins are the replacement for that.
My conversation with @ccamrobertson, Founder @useburner
00:00 The briefcase
00:27 YC 2009 and the first smart lock
02:28 Kickstarter said no. $2.1M anyway
03:36 Selling Lockitron, back to crypto
05:01 Why hardware
07:40 Kong Cash and the Devcon briefcase
19:10 COVID killed cash
21:00 Why the US is hard mode
30:51 Burner
36:01 Tap-to-pay with @FlexaHQ
cameron retweeted
The latest article has hit the new and beautifully revamped website.
The article features @ccamrobertson the CEO of @useburner and tells some of his story and also sheds a bit of light on the magic of Burner.
Definitely worth the read!
bitcoin-takeover.com/s17-e9-…
🤖 Made with AI
Our latest episode S17 E09 was released last night.
It has indomitable host @Vladcostea interviewing builder of tools for crypto adoption, self styled digital locksmith and co-founder of @useburner to help people send and spend their Crypto.
In this episode, we talk about the past, present and future of the Bitcoin. The usual topics of mining and the quantum threat are covered as well as
🔥Challenges of Issuing Physical Bitcoin
🔥Cameron's Bitcoin Origin Story
🔥Bear Markets, Building, and Lightning
🔥Privacy vs. Scaling: ZK Tech and Future Hopes
🔥Burner Card Demo and Security Model
Definitely one for anyone serious about Bitcoin
youtube.com/live/BXVZ50tGf0w…
How people perceive the threat posed by quantum is a good high pass filter.
In the “real world” both major public and private institutions are planning for the obsolescence of ECC before the end of the decade.
It should be very concerning that the community behind the preeminent cypherpunk money is not.
overton window recap:
quantum computing is fictional tech
quantum might be real but it's 20-30 years away. no urgency to do anything
quantum is not a problem, but investors worried about quantum are a problem, so we might think about an upgrade someday
quantum might be a problem but we will just adapt when it gets closer <--- YOU ARE HERE
preparing for quantum will take years, and time to Q-day seems to be decreasing. we should start considering an upgrade
quantum progress is nonlinear, private, and unknowable, but Q-day is likely within a decade so we have to bite the bullet and upgrade immediately under conditions of uncertainty despite the costs
---
when we started, most of you were at the very top. now most of you are three or four notches down. most of you who were claiming QC is fictional or poses no risk have relented and grudgingly acknowledged it's a real concern. there are only a few holdouts in that camp. you can complain about me all you like, but i've seen you all move down the notches quite predictably. the overton window has shifted already. in a month or two you'll be at the bottom with me.
Continue to be impressed by what @Patrick_Lung is working on, a better more fair lottery.
I had a great time speaking with @Vladcostea about the early days of Bitcoin, where we're going and of course @useburner
Talking Bitcoin in 2010 & @useburner with @ccamrobertson (Bitcoin Takeover Podcast S17 E9) xitter.cf/i/broadcasts/1rGmqoqRw…
cameron retweeted
Will publish my interview with @ccamrobertson in a couple of hours
He is a 2010 bitcoiner with lots of stories to tell, who is now working on improving the saving, gifting & payment experience with @useburner
Watch out for 25% discount code at the end!
Thanks for hosting @heybeluga, always fun to chat stablecoins, crypto and where things are heading with @useburner.
Full episode of our livestream w/ Cameron @useburner
From unplugging his Bitcoin mining device in 2011 to developing the most legit and secure way yet to onboard frens to crypto?
We get into a very interesting conversation.
Watch it below:
It was great to join Mirela from @ThePaypers to share a little bit more about Burner Terminal -- worth noting that we have over 40k Burners in the wild, merchants coming soon.
Cameron Robertson of @arxresearch explains how @useburner is bringing stablecoin payments to retail ▶️ instant on-chain settlement, lower fees, and 30,000+ merchants onboard.
👀 Watch the full interview 👉 buff.ly/rCStuqW
Incredibly excited to continue our work with the @FlexaHQ team!
cameron retweeted
Now we're cooking with gas.
Replying to @useburner
Terminal introduces the first native stablecoin tap to pay: with Burner you don't need to fight with QR codes or apps, simply tap the same way you would with a traditional credit card.






















