Greetings Bitcoiner,

Welcome to Issue #350 of Bitcoin Breakdown, where every Tuesday and Thursday, we bring you the latest must-read Bitcoin thought leadership articles and the newest tools and projects you should know about.

But first, today’s Top Stories:

• ♟️ Russia Flags US BTC Debt Gambit, Bitcoin Arms Race Looms

• 🕷️ NPM Hack Nets Hackers Just $50

• 🤡 Chainalysis Data Accidentally Proves Terror Financing Claims Are Overblown

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Sep 9, 2025

TODAY’S TOP STORIES

♟️ Russia Flags US BTC Debt Gambit, Bitcoin Arms Race Looms

Speaking at the Eastern Economic Forum, Russian President Putin’s adviser, Anton Kobyakov, warned that Washington is plotting to escape its massive $37T debt by pushing Bitcoin and crypto adoption using treasury-backed stablecoins and then devaluing the dollar afterwards, resetting the ledger. The allegation, echoed by Jason Lowery's 'Softwar' game theory, would force nation-states into an overt Bitcoin accumulation race as the only viable hedge against financial manipulation. Kobyakov warns this mirrors past American financial maneuvers from the 1930s and 1970s, designed to solve US problems at everyone else's expense. Bitcoin Learning

🕷️ NPM Hack Nets Hackers Just $50

Hackers compromised a major NPM developer's account and infected popular JavaScript libraries downloaded over one billion times, targeting mainly sh!tcoin wallets with crypto-clipper malware. Despite having access to millions of developer workstations and untold potential riches, the attackers managed to steal less than $50 worth of crypto. Security researchers called it like finding the keycard to Fort Knox and using it as a bookmark. Blockstream app and Jade hardware wallet remain completely unaffected by the saga because Blockstream doesn't use JavaScript or NPM at all. PSA: Remember to always confirm addresses through multiple secure channels for significant amounts. Cointelegraph

🤡 Chainalysis Data Accidentally Proves Terror Financing Claims Are Overblown

Chainalysis' latest Crypto Adoption Index reveals that sanctioned jurisdictions like Yemen, Venezuela, and Russia overwhelmingly prefer centralized crypto services over decentralized finance protocols. Yemen ranks 16th in overall adoption but only 21st in DeFi volume, while Venezuela sits at 18th overall but 37th in DeFi usage. Meanwhile, non-sanctioned countries like India, the US, and Nigeria dominate DeFi adoption, contradicting lawmakers' claims that non-custodial services enable widespread sanctions evasion and terror financing. The Rage

POLL #350

PREVIOUS POLL RESULTS

OPINION & ANALYSIS

• Sylvain Saurel of In Bitcoin We Trust delivers a satirical takedown of traditional finance by ironically presenting Bitcoin's greatest strengths - fixed supply, self-custody, censorship resistance, and transparency - as catastrophic flaws that threaten the comfortable world of centralized monetary control (Sep 8 | 9 min read).

• Kudzai Kutukwa of Exit The Matrix argues that traditional democracy has failed and proposes 'stateless corporations' built on Bitcoin's cryptographic principles as the path to reimagining freedom beyond state-controlled legal tender and incorporation laws (Sep 8 | 10 min read).

• New York Times reporters Ryan Mac and David Yaffe-Bellany examine how Ross Ulbricht, the Silk Road dark web marketplace creator who received a Trump pardon after serving nearly a decade of a life sentence, now embarks on a ‘controversial comeback tour’ while seeking to control his narrative amid ongoing ethical debates (Sep 7 | 13 min read).

• Christina Comben, a CryptoSlate contributor, examines how influential figures like Jamie Dimon, Donald Trump, and Jerome Powell shifted from Bitcoin skepticism to acceptance, demonstrating Bitcoin's inevitable journey from being a fringe asset to mainstream recognition (Sep 6 | 3 min read).

• Steven Reiss, an art historian and curator, argues that Bitcoin's decentralized logic didn't emerge from nowhere but represents the culmination of over a century of avant-garde artistic experiments challenging authority, exploring consensus-based value systems, and reimagining how rules can replace rulers (Sep 6 | 13 min read).

• Bobby Shell, VP of Marketing at Voltage, argues that AI agents require instant, programmable payment rails through stablecoins and Bitcoin's Lightning Network to enable autonomous transactions and escape legacy financial systems' limitations (Sep 6 | 4 min read).

• LNbitcoin of Bitcoin Learning argues that governments cannot stop Bitcoin's rise as the hardest money ever created, with its $2.22T market cap ranking it as the 7th-largest global currency above the Canadian dollar (Sep 6 | 5 min read).

• Nicolas Dorier of BTCPay Server explains how Bitcoin spam attacks causing UTXO set growth from 4GB to 12GB threaten to brick most deployed BTCPay Servers on budget hosting, making the proposed OP_RETURN size limit change crucial for preventing widespread server failures (Sep 5 | 3 min read).

• Nick Ward of Bitcoin For Corporations argues that corporate treasury strategies using altcoins like Ethereum or Dogecoin fundamentally misunderstand digital assets, as only Bitcoin possesses the monetary properties, regulatory clarity, and structural durability necessary for corporate balance sheets (Sep 4 | 4 min read).

• ICYMI: Liran Tal, Director of Developer Relations at Snyk, in this old article, explores comprehensive npm security practices and preventive measures against supply chain attacks that threaten JavaScript developers through malicious packages, dependency confusion, and lockfile injection vulnerabilities, relevant for readers who want to know about the recent NPM attacks in the Bitcoin ecosystem (Nov 8 2022 | 21 min read).

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TOOLS & PROJECTS

• New on Geyser: HODL dot jobs is a Bitcoin-focused job platform that connects value-aligned employers and talent, featuring 4000+ positions exclusively from companies holding BTC reserves.

• New on Geyser: Jusper Machogu, founder of Fossil Fuels for Africa and Bitcoin advocate in rural Kenya, seeks funding to solarize the community borehole providing clean water to 100+ families after political interference disconnected grid power

• Buoy is a Bitcoin service comparison platform that helps users find reliable Bitcoin wallets, on-ramps, merchant tools, and nodes by comparing custody models, fees, KYC requirements, Lightning support, and regional availability without paid placements.

• Debifi launches Bitcoin Card in public beta for iOS users, enabling global spending without selling BTC through multisig-secured non-custodial escrow system.

• Pyth of WizardSardine, the company behind Liana wallet, shares a draft Bitcoin Improvement Proposal for encrypted wallet descriptor backup scheme, seeking community feedback on implementation details including nonce generation and cipher selection.

• Geyser retires its free Launchpad model and introduces paid Launch Plans to ensure higher project quality and commitment from creators launching ideas.

• BTCPay Server announces a new subscription feature for recurrent Bitcoin payments, enabling users to create automated 'money machines' for recurring revenue streams.

• Blitz Wallet announces upcoming support for SMS verification code receiving capabilities within their app, which would enable sending and receiving messages without sharing phone numbers.

• My First Bitcoin, a community-led Bitcoin education organization, announces the 3rd Bitcoin Educators Unconference in San Salvador on November 13.

• Satochip enhances SeedSigner Bitcoin signing devices with smartcard technology, enabling secure seed management through PIN-protected Javacards like Seedkeeper while maintaining the stateless security benefits of traditional SeedSigner setups.

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