Lesson from FTX (for crypto-maximalists)

https://web3now.didiermary.fr/lesson-ftx-crypto-maximalists/?mtm_campaign=TrackingMSTDN&mtm_kwd=Web3&mtm_source=Mastodon

The lesson from FTX isn't "FTX wasn't a safe place to store money."

The lesson is:"No exchange, DAO, DeFi or third party can be trusted with my money."

#NotYourKeysNotYourCoins
#Bitcoin #Cryptocurrencies #DAO #DeFi #Fraud #FTX

RT @stuntpope
I'm happy that readers are asking me how to take self-custody of their #Bitcoin

Easiest way to get out of Coinbase, for example, is to just use the Coinbase wallet (formerly BRD) and link your account.
#NotYourKeysNotYourCoins

https://bombthrower.com/how-to-move-your-bitcoin-off-of-coinbase-into-a-self-custody-wallet/

RT @stuntpope
Folks, if you haven't already moved your #Bitcoin (and any other digital assets) off the exchanges into self-custody, do it now.

Here are some software options you can use TODAY while you get a Ledger or Trezor or something:
#NotYourKeysNotYourCoins
https://bombthrower.com/for-the-love-of-god-get-your-bitcoin-and-crypto-off-the-exchanges

#Nexus is in the process to build its own #P2P solution & #DEX. A place to meet, interact & exchange - people to people - without intermediaries.

#CEX #decentralized #DeFi #web3 #crypto #socialmedia #NotYourKeysNotYourCoins