Series: Not Your Keys, Not Your Coins
Series: Not Your Keys, Not Your Coins
Read now to learn how the only real Bitcoin is one for which you hold the private key.
The number of business failures in both traditional and “Crypto” finance is astounding, and not in a good way. Companies are failing left and right, and taking their customers down with them.
Losses in traditional finance often get subsidized across an entire population via money printing and inflation (i.e., theft), but there are no bailouts in Bitcoin. If you entrust your Bitcoin to someone else, you’re at their mercy to get it back, especially if they go bankrupt.
To ensure the grave consequences of allowing someone else to custody your Bitcoin truly hit home, this series will highlight the impacts of various business failures on their customers:
Are you looking to learn more about custodying your own Bitcoin? Check out the self-custody series I’m writing, Self-Custody Can Be The Best Way To Bitcoin.