V4BTC on Nostr: 🚨 Bitcoiners should be alert not only to phishing scams trying to steal their ...
🚨 Bitcoiners should be alert not only to phishing scams trying to steal their #Bitcoin, but also to businesses using fear to undermine self-custody and sell permissioned alternatives.
Be wary of any service where multiple companies hold keys, collect sensitive identity data, can refuse to sign, and/or charge a recurring percentage of your Bitcoin.
More counterparties, more KYC exposure and more permission do not automatically mean more security.
The answer to self-custody risk is better education, better tools, independent verification and less blind trust.
Don't let fear turn sovereignty back into dependency.
Published at
2026-08-05 06:39:46 UTCEvent JSON
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"created_at": 1785911986,
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"content": "🚨 Bitcoiners should be alert not only to phishing scams trying to steal their #Bitcoin, but also to businesses using fear to undermine self-custody and sell permissioned alternatives.\n\nBe wary of any service where multiple companies hold keys, collect sensitive identity data, can refuse to sign, and/or charge a recurring percentage of your Bitcoin.\n\nMore counterparties, more KYC exposure and more permission do not automatically mean more security.\n\nThe answer to self-custody risk is better education, better tools, independent verification and less blind trust.\n\nDon't let fear turn sovereignty back into dependency.",
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