"If you don't self-custody your Bitcoin, you don't own Bitcoin.
If you don't own Bitcoin, you don't own money.
If you don't own money, someone else owns it for you.
And if someone else owns money for you, YOU ARE A SLAVE."
Francis Pouliot
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This is very true. My online bank account was just blocked for 3 weeks because I made a Bitcoin payment to a "high-risk country" in March.
And this is already the 2nd time this year that this bank did freeze all my assets.
Just imagine being dependent on such an account (which fortunately I am not) - then you are truly screwed.