I have a few coworkers that have bitcoin on exchanges and when I talk to them about self custody they act like it would be too hard, when I offer to help they get Leary and ask what's in it for me, I say nothing I'm just trying to help you, they don't understand the asset they seeking paper gains is my only conclusion
Discussion
It’s a new world for them; self custody & personal responsibility. If they have zero technical skills an exchange could actually be safer. CashApp would be my recommendation for them as it’s close to self custody & is kind of mainstream. Coinbase is a honeypot trap. It will survive for a while IMO but will be an epic explosion at some point.
