Series: Self-Custody Can Be The Best Way To Bitcoin
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Series: Self-Custody Can Be The Best Way To Bitcoin
Read now to learn the basics about several ways to self-custody your Bitcoin.
Fiat money is decidedly risky: It’s constantly depreciating in value thanks to government-sponsored inflation and money printing. And it’s always at risk of being outright confiscated or censored by the banks custodying it for us or by the governments that control them.
Bitcoin doesn’t suffer from currency inflation thanks to its hard supply cap. But it doesn’t eliminate the risk of confiscation if you choose to leave your private keys in the hands of a cryptocurrency exchange, crypto bank, or other custodian.
Self-custody eliminates the possibility that your Bitcoin can be forcibly taken from you, if you do it right. My goal is to answer your questions and teach you the basics about self-custody through an investigative series I wrote on the topic:
Not convinced yet of the dangers of letting someone else custody your Bitcoin? Check out the series I’m writing to highlight its dangers, Not Your Keys, Not Your Coins.