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

EPISODE · May 12, 2025 · 1H 3M

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

from We Are Satoshi · host Kyle Huber

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 releaseIf 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/@WeAreSatoshiPodGET IN TOUCH:BitVault on X: https://x.com/BitvaultAppFrancesco on X: https://x.com/CiccioMadonnaKyle on X: https://x.com/thekylehuberKyle on Nostr: [email protected] the POD!Stream Sats on Fountain: ⁠https://fountain.fm/show/oNj9eSXpNudLR2XoMtKLWatch + subscribe on YouTube: https://www.youtube.com/@WeAreSatoshiPodGeyser Project Page: https://geyser.fund/project/bulgarianjourneyIf 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: [email protected]:[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?”

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 releaseIf 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/@WeAreSatoshiPodGET IN TOUCH:BitVault on X: https://x.com/BitvaultAppFrancesco on X: https://x.com/CiccioMadonnaKyle on X: https://x.com/thekylehuberKyle on Nostr: [email protected] the POD!Stream Sats on Fountain: ⁠https://fountain.fm/show/oNj9eSXpNudLR2XoMtKLWatch + subscribe on YouTube: https://www.youtube.com/@WeAreSatoshiPodGeyser Project Page: https://geyser.fund/project/bulgarianjourneyIf 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: [email protected]:[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?”

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

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This episode was published on May 12, 2025.

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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...

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