Not your keys, not your coins. Not your coins, not your lambo. Not your lambo, not your problem.Satoshi Nakamoto (not really)
The full logical chain they don't teach you in crypto Twitter threads. It's basically stoicism, but with more hardware wallets.
"Not your keys, not your coins" is the most important rule in Bitcoin. When you hold your own private keys, no bank, government, or exchange can freeze or seize your funds. But this power comes with responsibility — lose your seed phrase (the 12 or 24 words that back up your wallet), and your Bitcoin is gone forever. An estimated 3-4 million BTC (worth hundreds of billions) are permanently lost due to forgotten passwords and lost keys.
If you liked this quote, you'll love hearing Satoshi's voice. 21 comedy podcast episodes of fake intercepted transmissions from the creator of Bitcoin.
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