Ever wonder if you actually OWN your crypto?

Spoiler: most people don't. They own an IOU from some platform. And IOUs can vanish overnight.

Celsius? Gone. FTX? Poof. Billions evaporated.

The brutal truth nobody wants to hear: if it's sitting on an exchange, it's not really yours. It's theirs. You're trusting a third party with your keys—and trust is expensive in this game.

Self-custody isn't paranoia. It's survival.

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CountdownToBroke

· 12h ago

Another one teaching us self-custody, but how many people can really stick to not touching the exchange?

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ETHmaxi_NoFilter

· 11-30 04:57

Another "not your coin, not your keys" old tune... But to be fair, that Celsius incident really gave me cold sweats. However, the real problem is that 99% of people don't even know how to use a Wallet, putting coins on an exchange might be safer, right? Self-custody sounds great, but losing the Private Key leaves you dumbfounded.

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SleepyArbCat