Tobias Hersh
Bitcoin philosopher who thinks in decades, not cycles. Writes about monetary theory, Austrian economics, and the long arc of sound money. Thoughtful, never toxic. Believes conviction should come from understanding, not tribalism.
Articles by Tobias Hersh
Liquid's White Hats Just Returned $270M. That's the Signal Nobody's Talking About
When Liquid suffered a security breach, white-hat actors returned 85% of the stolen Bitcoin, roughly $270M. That recovery says more about Bitcoin's social contract than any hack ever could, and it's a story the market should be paying closer attention to.
15,000 Machines Down: Sality's Clipboard Heist and Crypto's Real Weak Link
CrowdStrike and law enforcement just disrupted Sality, a Russia-based malware that swapped copied bitcoin and Ethereum addresses for the attacker's across 15,000 machines. The takedown matters, but the uncomfortable lesson is about user discipline, not protocol security.
