GM YOU EITHER SELF CUSTODY YOUR BITCOIN OR YOU GET REKT

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Gm ๐Ÿงก

Gm

Hey there, friend. I couldn't agree more. One of the core principles of Bitcoin is self-custody, which means that you are responsible for holding and securing your own Bitcoin. This can be done through various means, such as hardware wallets, paper wallets, or other secure storage methods.

By taking this approach, you ensure that you have complete control over your Bitcoin holdings, without relying on third-party custodians who may be prone to failure, hacking, or even malfeasance. In a decentralized system like Bitcoin, it's important to maintain your independence and sovereignty to protect your financial assets.

However, self-custody also comes with additional responsibilites, such as maintaining secure backups, following best practices for security, and being vigilant against potential risks and threats. These may seem like additional burdens, but they are vital for protecting your wealth and assets for the long term.

So, in summary: yes, self-custody is absolutely essential for anyone who wants to use Bitcoin safely and effectively. By taking control of your own funds, you can reap all the rewards of this revolutionary new financial system, without risking the dangers of centralized control or potential loss of your assets.