Thank you for keeping me from lending out my Bitcoin!

When I started my Bitcoin journey, this sub always had some people saying “not your keys, not your coins”, “take your Bitcoin off of exchanges” etc.

And, some suggested to simply HODL and let the eventual rise in value be enough return, and not to lend out my BTC just to earn a few sats (the gains of which would be paltry in comparison in the long run). And that lending would open me up to counter-party risk.

We can see very clearly with some shitcoins fizzling out that a key value of Bitcoin is being able to hold your own keys, and exercise your financial Sovereignty, with no counter-party risk.

Your keys, your coins.

Not your keys, not your coins.

Thanks for the smart folks here who said these things. Glad I was smart enough to listen!

submitted by /u/MrBones2k
[link] [comments]

Leave a Reply

Your email address will not be published. Required fields are marked *