After WBD conversation regarding #Ledger Recovery service, it was great to hear a follow-up on Coin Stories from #[1]​ with #[2]​.

An interesting quote from the discussion: „If you are not yet ready for self-custody, don’t buy #Bitcoin“.

I’m not sure I fully support this statement, but the logic behind is sound - self-custody is one of core aspects of bitcoin besides all the monetary benefits. So we cannot just use Bitcoin to protect our savings. We should also learn to self-custody it to avoid 3rd party risks.

„The most painful thing to happen is to have your coins see grow in value to be rug-pulled by any third party involved through the process“.

Thank you for your insights!

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