Just a friendly reminder. Centralized companies have a long history of losing user funds.
The mempool right now is 1 sat/byte. Super cheap to organize and move your sats around. (Your exchange might add a fee on top)
Duplicate your keys and if you have someone that will actually die for you, then maybe they can help with storing too. But always verify. If you are a company, trusted board members can and should be helping with securing keys. Not 3rd parties.
Keep things local. 3rd party trust is always temporary. The trust in your government has lasted hundreds of years but now it's over.
Let's say directly or indirectly one day a country, say China, no matter how, takes over Grayscale. Now China has all your coins lmbo.
No one wants to talk about how the super smart Winkle Brothers forfeited their bitcoin? The banks now own all their bitcoin not them, unless you use competing banks to store some of the keys... FYI Truly competing banks will usually be in other countries.
Submitted October 24, 2021 at 07:07PM by Objective_Craft8634 https://bit.ly/3m7swRy
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