It simply means.
“Not your keys, not your coins!”
“Only choose non-custodial wallets that provide you with a unique 12-word key #seedphrase, also called a #RecoveryPhrase.”
2 thoughts on “It simply means.
“Not your keys, not your coins!”
“Only choose non-custodial wallets that provide you with a unique 12-word key #seedphrase, also called a #RecoveryPhrase.””
The content of the podcast is great! I just wish the audio quality could be better.
High fees on BTC network discourage playing and testing different wallets. Without experimenting with small amounts of bitcoin, they don’t feel safe with self-custody, so they just leave their bitcoins on an exchange.
Lack of self-custody is a bigger security issue than the “supposed” centralization of bitcoin cash. Crypto exchanges go bankrupt (or just disappear) all the time.
The content of the podcast is great! I just wish the audio quality could be better.
High fees on BTC network discourage playing and testing different wallets. Without experimenting with small amounts of bitcoin, they don’t feel safe with self-custody, so they just leave their bitcoins on an exchange.
Lack of self-custody is a bigger security issue than the “supposed” centralization of bitcoin cash. Crypto exchanges go bankrupt (or just disappear) all the time.