bitcoinpocketguide on Nostr: "Not your keys, not your coins." What does it mean? If a company holds your bitcoin, ...

"Not your keys, not your coins." What does it mean?

If a company holds your bitcoin, you're trusting them to give it back. Exchanges have frozen withdrawals before. Hold your own keys and no one can freeze it.

#bitcoin #selfcustody

https://bitcoinpocketguide.com/q/what-does-not-your-keys-not-your-coins-mean/