Bitcoin - resistance uncensorable hard money

"Bitcoin only solves the problem of financial censorship when individuals hold the keys to their own coins. When kept on an exchange, the companies in charge maintain custody, just like any other bank. That means the government can put pressure on exchanges to freeze even bitcoin accounts"

"Bitcoin hanya memecahkan masalah sensor finansial ketika individu yang bersangkutan memegang kunci koin (private key) nya mereka sendiri. Ketika bitcoin disimpan di exchange, artinya perusahaan yang bertanggung jawab menyimpannya akan sama seperti bank pada umumnya. Itu berarti pemerintah / penguasa dapat menekan exchange untuk membekukan akun bitcoin yang bersangkutan"

not your keys, not your coins

reminder 👇

https://youtu.be/lGV3SqprNz4

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