He Almost Got Scammed—Now He’s Reinventing Bitcoin Security

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We Are Satoshi

Kyle Huber

41 episodes

4 days ago

The We Are Satoshi Podcast is based on the idea that we all have a gift to give to the world. Episodes feature host Kyle Huber and guests discussing bitcoin, entrepreneurship, fitness, and a broad range of topics and ideas, all with the goal to become a more sovereign and capable human in all areas of life.

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He Almost Got Scammed—Now He’s Reinventing Bitcoin Security

We Are Satoshi

1 hour 3 minutes 21 seconds

5 months ago

He Almost Got Scammed—Now He’s Reinventing Bitcoin Security

Francesco Madonna was nearly the victim of a sophisticated Bitcoin scam. That close call changed everything.

In this powerful episode, he shares how that experience led him to build BitVault—a revolutionary Bitcoin wallet that uses time-locked multi-sig and open-source safeguards to stop both hackers and physical attackers in their tracks.

We dive into:

• The scam that nearly cost Francesco his Bitcoin (and maybe more)

• How BitVault works to protect your Bitcoin with time as a shield

• Why phishing and AI-driven hacks are the biggest threat to self-custody

• How Francesco's military background shaped his approach to Bitcoin security

• The future of custody, open-source tools, and the BitVault beta release

If you're curious about how time locking bitcoin transforms self-custody, this episode is a must-watch.

🔗 Sign up for early access: https://bitvault.sv

📌 Subscribe for more episodes like this: https://www.youtube.com/@WeAreSatoshiPod

GET IN TOUCH:

BitVault on X: https://x.com/BitvaultApp

Francesco on X: https://x.com/CiccioMadonna

Kyle on X: https://x.com/thekylehuber

Kyle on Nostr: kylehuber@primal.net

Support the POD!

Stream Sats on Fountain: ⁠https://fountain.fm/show/oNj9eSXpNudLR2XoMtKLWatch + subscribe on YouTube: https://www.youtube.com/@WeAreSatoshiPod

Geyser Project Page: https://geyser.fund/project/bulgarianjourney

If you are interested in buying Bitcoin, River is the best place to do so: ⁠https://river.com/signup?r=4JAPK6Q2⁠

For Bitcoin rewards and gift cards I use the Fold Card: ⁠https://use.foldapp.com/r/HU3JEYKH⁠

Send me an email with feedback/questions: wearesatoshipod@gmail.com

Timestamps:

[00:00] “How did you start building in Bitcoin?”

[00:36] Why build BitVault?

[10:46] Avoiding a High-level Scam

[14:06] “Does time-locking Bitcoin solve multiple major problems with self custody?”

[21:21] “What are the considerations for the duration of time that you want to have a time lock?”

[24:09] Reception + Milestones?

[33:15] Competitors and Differentiation

[39:21] Go to Market Strategy

[53:30] “How has Bitcoin changed your life personally?”