What is Self Custody

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What is Self Custody

There is a popular saying among Bitcoiners which is 'Not your keys not your coins' which means if you do not own your private keys, you do not own the Bitcoin. The only secure way to truly own and protect your Bitcoin is through self-custody. Self-custody is the process of having to not trust anyone to hold your Bitcoin securely (not FTX or Patricia), with self-custody you are essentially your own bank. Self-custody guarantees full control of your Bitcoin private keys. Self-custody is a form of personal financial sovereignty, with self-custody there is no counterparty risk and all the responsibility lies on you to protect your Bitcoin wealth.