endizekaj on Nostr: Bitcoin was never designed for its participants to use custodian services. Bitcoin is ...
Bitcoin was never designed for its participants to use custodian services.
Bitcoin is made for self custody by design.
All these Bitcoin financial companies that promotes a service where they hold your coins is not safe. No matter how they brand it: qualified custodian, multi custody, etc
You either follow the bitcoin ethos and use it as it was meant to, or you will eventually get a hard lesson.
If there is anyone reading this that feel uncomfortable with self custody, and need some help. Rest assured there is plenty of resources out there, and even a company that does this - thebitcoinway.com.
Bitcoin is made for self custody by design.
All these Bitcoin financial companies that promotes a service where they hold your coins is not safe. No matter how they brand it: qualified custodian, multi custody, etc
You either follow the bitcoin ethos and use it as it was meant to, or you will eventually get a hard lesson.
If there is anyone reading this that feel uncomfortable with self custody, and need some help. Rest assured there is plenty of resources out there, and even a company that does this - thebitcoinway.com.
quoting note1yga…9sw9‼️REMINDER: When dealing with ANY "regulated custodial" service, you are dealing with the government. The puppet always reports back, and you risk your funds. If you don't want this, opt-out with #Bitcoin and stick to non-custodial services only. There is no other way.