The Blockspace Pod:How to Protect Yourself from a Crypto Kidnapping

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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

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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Published thrice weekly, "The Blockspace Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish twos per week, on Tuesday and Thursday, plus our News Roundup on Saturdays!