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He Did Everything Right and Still Lost His Bitcoin | Jonathan Goodman on the Coldcard Hack
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Jonathan Goodman did everything the Bitcoin experts tell you to do. Multiple hardware wallets. Backups stored in separate places. A seed phrase stamped into metal. But last month he opened his cold storage set-up and found his Bitcoin gone. In this deeply personal episode of Coin Stories, Natalie Brunell sits down with the author and entrepreneur, one of the most affected victims of the Coldcard exploit — money he had set aside for his children. We discuss: - The moment he found out, and the hour he spent on hold with police - Why three separate backups all failed for the exact same reason - What the detectives told him about getting his Bitcoin back - Why he expects no class action lawsuit is coming - What he'd say to the founder of the company that lost his savings - Why he refuses to be angry about any of it Follow Jonathan Goodman on X: 📖 Order Natalie's new book "Bitcoin is For…
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Analysis last updated August 25, 2026 · Read the methodologyRead the creator’s original video description
Jonathan Goodman did everything the Bitcoin experts tell you to do. Multiple hardware wallets. Backups stored in separate places. A seed phrase stamped into metal. But last month he opened his cold storage set-up and found his Bitcoin gone. In this deeply personal episode of Coin Stories, Natalie Brunell sits down with the author and entrepreneur, one of the most affected victims of the Coldcard exploit — money he had set aside for his children. We discuss: - The moment he found out, and the hour he spent on hold with police - Why three separate backups all failed for the exact same reason - What the detectives told him about getting his Bitcoin back - Why he expects no class action lawsuit is coming - What he'd say to the founder of the company that lost his savings - Why he refuses to be angry about any of it Follow Jonathan Goodman on X: 📖 Order Natalie's new book "Bitcoin is For Everyone," a simple introduction to Bitcoin and what’s broken in our current financial system ⚡ *Borrow against your Bitcoin without selling it with Ledn* Ledn offers Bitcoin-backed loans built for serious holders, with rates that get lower as your loan size increases. With Ledn’s custodied loan product, your Bitcoin is held in custody and not lent out. Ledn has operated through multiple market cycles without a loss of client assets and publishes Proof of Reserves so you can verify what they hold. Get 0.25% off your first bitcoin-backed loan → (Offer subject to terms and eligibility. Digital asset lending involves risk, including loss of collateral.) ⚡ *Bitdeer Technologies Group* (NASDAQ: BTDR) powers AI and Bitcoin mining infrastructure with 3 GW of secured global energy — and owns the entire stack, from equipment manufacturing to data centers to proprietary orchestration software. Learn more at ⚡ *Abundant Mines* Fully-managed Bitcoin mining in the U.S. You own the miners. You keep 100% of the Bitcoin. Voted #1 mining company by peers. Get 1 month of free hosting ⚡ *Speed Lightning Wallet* Speed is my go-to Bitcoin Lightning wallet! Send, receive, or swap stablecoins and digital gold into Bitcoin in one app. Run a business? Speed powers Bitcoin payments for Steak 'n Shake, and it can do the same for you. Download at and use code COINSTORIES10 for 5,000 free sats after your first transaction. ⚡ Download *Bitkey* today and use my promo code STORIES to get 10% off the new Bitkey. This episode was sponsored by Bitkey. ⚡ *The Bitcoin Way* Master Bitcoin self-custody and gain peace of mind with 1-on-1 training: ⚡ *BitcoinIRA* You can invest in bitcoin 24/7 inside a tax-advantaged IRA. Choose a Traditional IRA to defer taxes, or a Roth IRA for tax-free withdrawals later. Take control of your future with BitcoinIRA *Extra Services to Consider* ⚡ Stop over-paying for healthcare coverage. Join me at CrowdHealth with a discounted plan at: *TIMESTAMPS* 00:00 Trailer & Intro 00:37 The moment he found out he lost his Bitcoin 3:06 Why he trusted one device 4:33 Three backups…
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