Would you trust Bitcoin if it wasn't yours?
Been thinking a lot about self-custody lately. Bitcoin was built on the idea of being your own bank, but somehow, people still leave their coins on exchanges, in custodial wallets, or even with “trusted” third parties.
I’ve always kept my BTC in my own wallets, but ever since I started using BananaGun for trading, and I realized how much control actually matters. The bot generates a personal wallet for you, which is great for security, but also means no one else should ever have access. If I let someone else use it, I might as well just hand them my private keys.
It made me wonder why are so many people comfortable trusting someone else with their Bitcoin? Do you think most people actually understand self-custody, or are we just one big exchange collapse away from another wake-up call?
[link] [comments]