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Testing Your Bitcoin Custody Setup – Bitcoin Magazine

Testing Your Bitcoin Custody Setup - Bitcoin Magazine

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Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase

This is an opinion piece written by Will Schoellkopf, “It’s so early!” Bitcoin podcast.

We often hear, “No your keys, no coins,” but have you done the “big scare?”

Delisting your satoshi has received a lot of attention, and rightfully so! Mt. Gox exchange hack has resulted in lost coins, but ‘recent market conditions’ have also led to the removal of large assets under management by major institutions such as Binance and Celsius. These are not lostbut denied access introduces a new vulnerability for sovereigns to consider: If your kid resets your hardware wallet or your dog eats your seed phrase, can you get your money back?

Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase

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