#Bitcoin is yours when, and ONLY when, you control the keys
Ipso facto, wallets controlled by others, whether or not they are wrapped in some level of shiny legal recognition, *cannot* hold YOUR bitcoin; they are custodians and you hold a (hopefully redeemable) IOU at best
Bitcoin's history, and the general crypto-scene more broadly, has a litany of failures, theft and outright exit-scam frauds that have driven this harsh lesson home over the last decade
The fantasy of regulated custodians for bitcoin is just that .. a fantasy. Prime Trust in the US is a classic example of a regulated custodian that imploded through .. let's call it .. mismanagement. This is important to understand as Bitcoin is absolutely scarce - so there can never be a backer-of-last-resort to bailout incompetence, fraud and outright theft
Others, by definition, cannot hold your #bitcoin for you
Reject the messaging that Bitcoin is safe with anyone else
#Bitcoin is yours when, and ONLY when, you control the keys
