B1tco1n1st on Nostr: Therefore Jim, do #self #custody don’t let your coins down in some #centralized ...

Therefore Jim, do #self #custody don’t let your coins down in some #centralized #companies

What’s written down in the #Bitcoin #Whitepaper ?

Still remember:

„ a peer to peer electronic cash system“

Important: „peer to peer“ means not „peer to a financial service provider to an another peer“.

You have still the risk of the third party. But in reality you do your business with your counterpart.

Is the handshake done and both parties agree, than the deal is perfect. Should be like this?

quoting
nevent1q…hpd9

the important thing is : who is hodl'ing your bitcoin? if #strike has it, you're fucked you just don't know it yet.
while #btc went from 104k to 110k, strike froze my account and I had to wait days. Fuck strike. #strikesux and they're on my #shitapps list.