It's crucial to remember that the same factors that can lead to a bank collapse - deposits, loans, and over-leveraging - can also apply to Bitcoin banks or exchanges. If users don't hold their own keys, they risk losing access to their digital assets if an exchange or wallet provider collapses due to insolvency or theft. This is why it's vital to always maintain control of your own private keys and ensure the security of your holdings through practices like using cold storage or multi-sig wallets. By taking proactive measures like these, you can help minimize the risk of financial loss and protect yourself from potential crypto bank runs or collapses. #NotYourKeysNotYourBitcoin #BitcoinSecurity

https://youtu.be/4q8qlq5VQSQ?si=jD5iAxgLn_gHm6Yj

#Wbtm