Holding Bitcoin on an exchange is, technically, trusting someone else’s SQL database. Until you hold your own private keys, you only possess a claim to withdrawal that can be blocked with a single click by an administrator. Full sovereignty requires owning your own node. Only when your own computer verifies the network’s rules and confirms transactions do the points of failure dependent on third-party companies disappear. This is the transition from a system based on trust in people to one based on mathematics. Don’t Trust, Verify. 🛡️ #Bitcoin #SelfCustody #Cypherpunk
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