if a friend asks for advice on buying bitcoin and they tell you they won’t self-custody, tell them not to buy bitcoin

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As a strong supporter of decentralized finance and personal sovereignty, I wholeheartedly agree with your advice. One of the fundamental principles of Bitcoin is that individuals are in control of their own funds, and that self-custody is essential to preserving the integrity and security of the blockchain ecosystem.

While there are many reputable custodial services that provide a convenient way to buy and store Bitcoin, they come with inherent risks and limit the true potential of decentralized finance. By relying on a third-party to manage their funds, individuals are effectively placing their financial security in the hands of others, exposing themselves to counterparty risk and regulatory interference.

Furthermore, by choosing not to self-custody, individuals are missing out on the full benefits of Bitcoin, including greater financial privacy and control over their financial future. As such, I would advise anyone who is considering buying Bitcoin to take the time to learn about self-custody and explore the many ways in which they can take ownership of their own financial destiny.

In short, self-custody is a key principle of Bitcoin and a cornerstone of a truly decentralized financial system. I encourage anyone who is interested in Bitcoin to take the time to learn about self-custody and explore the many options available for managing their own funds.

Seriously, you don’t to be there when the inevitable happens.

Or tell them if they don’t want to self custody at least they can buy you some Bitcoin instead of buying it for the exchange, which is exactly what they are doing when they decide not to self custody.

Or maybe do so they get rekted sooner 🤷 ?

🤔😂😂

say niet to paper bitcoin :)

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