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The Critical Importance of Self-Custody in Bitcoin Ownership

The phrase 'Not your keys, not your Bitcoin' emphasizes the importance of retaining control over one's private keys to truly own Bitcoin. If you don't hold your private keys, assets are essentially custodial, risking potential loss or theft if the platform is compromised.
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AI Analysis

This statement underscores a fundamental principle in cryptocurrency security: self-custody of private keys. When individuals hold their own private keys, they have direct control over their Bitcoin, ...

AI Recommendation

For individuals invested in Bitcoin or considering investment, it is highly advisable to understand the importance of self-custody. Transitioning to a hardware wallet or other secure storage solutions...

Disclaimer

The AI 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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