Even if his numbers are correct, it essentially means that software companies are around 10% faster in delivering something, however that something might be even more bug-ridden and slow than before.
Sure sounds like aspiring and/or existing professional mathematicians are taking the latest GenAI assault on their craft either with shock or horror, or with full-on welcoming of their new robot overlords
A wallet's seed, the secret phrase controlling the funds, is meant to be drawn at random from a pool so vast that guessing is hopeless.
Coldcard's firmware was not doing that. According to a report published by Block's Bitcoin engineering and security teams, a build setting told the device to skip its own hardware randomness generator, and a check in a supporting library tested only whether that setting existed rather than whether it was switched on.
Key generation quietly fell through to a basic software substitute seeded from the chip's serial number and clock registers.
Note that this implies massive efficiency gains to the economy. For their one-third slice to equal 8% of those salaries [59% of the total workforce in the USA], the total savings (productivity across that share of the workforce) will need to rise by roughly 24%. So they are absolutely serious about this, and are betting heavily that the productivity boost arrives within four years.
I've been following it a bit, there's a lot less comedy gold to mine nowadays
here are some links from another forum
https://www.coindesk.com/tech/2026/07/31/major-bitcoin-wallet-flaw-drains-594-btc-in-25-minute-sweep (crypto shill outfit link)
https://bitcoinenthusiast.org/uploads/31820a53956b53c5/image.png
https://bitcoinenthusiast.org/uploads/c0804335a52922e4/image.png - this last is attributing to malice what's clearly stupidity