bitcoin on Nostr: Self custody isn’t just crucial for security, it also directly impacts Bitcoin’s ...

Self custody isn’t just crucial for security, it also directly impacts Bitcoin’s fiat-denominated price. When large amounts of Bitcoin are held on exchanges, the risk of “paper Bitcoin” increases. Exchanges can technically double-record ownership or lend out coins at best, effectively inflating the supply, similar to fractional reserve. If you want Bitcoin to reach $100M per coin sooner rather than later, take responsibility, claim real ownership for your coins and learn how to self custody.