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Bitcoin custody risk: protocol strong but exchanges remain weak
I think this is alarmist but flags a real risk: parts of the Bitcoin ecosystem remain vulnerable in practice.
I worry that poor custody, exposed private keys or insecure exchanges could let large amounts of BTC disappear without an easy trace.
I don’t blame the Bitcoin protocol itself—its cryptography is robust—but I treat custody and key management as the key weak points investors must address.
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Analysis
Bitcoin’s core protocol and cryptography remain strong, but centralized custody (exchanges, custodians) and bad key management are realistic attack vectors that can lead to large, hard-to-trace losses...
Recommendation
I recommend watching developments and treating this as a custody risk: avoid leaving large balances on exchanges, use hardware wallets or reputable custodians, and diversify custody while security sta...
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
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