thejohnnycrypto on Nostr: “$9.9 billion was stolen from users because they willingly or unwillingly shared ...
“$9.9 billion was stolen from users because they willingly or unwillingly shared their seed phrases,” he said. The number that stuck with me was $9.9 billion.
Watching Filip Dragoslavic, Co-CEO from Solflare at Solana Breakpoint 2025, the point wasn’t that users are careless. It was that the tools are asking too much.
He broke it down simply:
• Seed phrases are still the weakest link
• Complexity creates failure, not safety
• Hardware wallets overcorrected and priced people out
• Security works better when it does one thing well
Solflare’s approach—offline signing only, no screens or cables—felt less like innovation and more like restraint. Strip it down until the control actually works.
If you’re thinking about custody, this felt like a very grounded reset.
Follow me - The Johnny Crypto for grounded insights on how digital assets are reshaping finance and how to ledger them. #thejonnnycrypto #bitcoin #stablecoin #staking #sol #solana #grownostr #nostr #damus
Published at
2026-01-15 20:57:53 UTCEvent JSON
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"created_at": 1768510673,
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"content": "“$9.9 billion was stolen from users because they willingly or unwillingly shared their seed phrases,” he said. The number that stuck with me was $9.9 billion.\n\nWatching Filip Dragoslavic, Co-CEO from Solflare at Solana Breakpoint 2025, the point wasn’t that users are careless. It was that the tools are asking too much.\n\nHe broke it down simply:\n• Seed phrases are still the weakest link\n• Complexity creates failure, not safety\n• Hardware wallets overcorrected and priced people out\n• Security works better when it does one thing well\n\nSolflare’s approach—offline signing only, no screens or cables—felt less like innovation and more like restraint. Strip it down until the control actually works.\n\nIf you’re thinking about custody, this felt like a very grounded reset. \n\nFollow me - The Johnny Crypto for grounded insights on how digital assets are reshaping finance and how to ledger them. #thejonnnycrypto #bitcoin #stablecoin #staking #sol #solana #grownostr #nostr #damus\n\nhttps://image.nostr.build/3322fc6fc23f187dd1f9c62a4232e04601524b487155e072a4cbd756f2e61d63.jpg",
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