No, bitcoin project is not dead

This is a tough week for bitcoin community. Wishing speedy recovery of funds for everyone involved.

Lessons learned for the rest:

1. Hardware wallets - were always a vector of a possible attack. Just like you can't trust 100% your ISP, your PC and your phone, same goes for hardware wallet.

2. To protect yourself, always use a passphrase. It makes these kinds of exploits million times more difficult, if not impossible.

3. If you have any significant funds, you must have a passphrase. If you don't, you haven't done your homework.

4. Coldcard is the only wallet that was impacted by the seed-generation issue, you are perfectly fine if you didn't create a seed on Coldcard. Trezor, Ledger and other wallets don't share the same firmware as Coldcard.

5. I wouldn't recommend Coldcard at this point but the device itself, as far as we know, is still perfectly fine but you need to realize that company is most likely going out of business, so won't be getting much support or updates from them after this.

6. Apple, Microsoft, Meta, Oracle and other firms had bugs in their code that allowed people to steal stuff. Coinkite had a bug in the code as well that allowed a nasty exploit. Bitcoin doesn't have a bug in its code.

7. Self-custody is not for everyone. If it is easier for you to let someone else manage keys, you can/should explore those options. But companies and governments fail and it happened many times in the past as well, so nothing in life is 100% guaranteed.