Farley on Nostr: When politicians push for laws requiring Bitcoin to be kept on exchanges, it reveals ...
When politicians push for laws requiring Bitcoin to be kept on exchanges, it reveals their intentions to control and monitor your assets. Keeping Bitcoin on exchanges exposes you to risks like hacking, theft, and frozen funds. Without control of your private keys, you don’t truly own your Bitcoin. Self-custody offers protection from these risks by giving you full control over your assets, making it the safest way to secure your Bitcoin against third-party threats.
Published at
2024-08-10 11:31:13Event JSON
{
"id": "0498da0ad29149ae49781b95888543c3ce1f88cda99675178f3aa4e28b7b6280",
"pubkey": "4f47fc9248595f9540679fe79e391e660cf24811e6236813be2bd595e79f126c",
"created_at": 1723289473,
"kind": 1,
"tags": [
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],
"content": "When politicians push for laws requiring Bitcoin to be kept on exchanges, it reveals their intentions to control and monitor your assets. Keeping Bitcoin on exchanges exposes you to risks like hacking, theft, and frozen funds. Without control of your private keys, you don’t truly own your Bitcoin. Self-custody offers protection from these risks by giving you full control over your assets, making it the safest way to secure your Bitcoin against third-party threats.",
"sig": "1d2f6140b1da1bebc1b32f28ddb0d7ba572df34ddc1b6c386dbe8b17c325e1ef02c0e534f5d4454a17a69a38bde42f3e5f6d426153e7fb8040d547f7afe0f1a0"
}