If you do not hold your own private keys, the Bitcoin is not really yours. If someone else holds your private keys (like PayPal, Robinhood, or any cryptocurrency exchange), you do not control your own Bitcoin. The Bitcoin does not truly belong to you. It can be lost, hacked, seized, or otherwise confiscated.
If you need to log in to an account to view your Bitcoin, it probably means that someone else is holding your private keys for you.
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Life-long learner. Passionate about leadership, entrepreneurship, philosophy, Buddhism & SF. Founder @deepstash.
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Learn more about crypto with this collection
Understanding the basics of cryptocurrency
How to store cryptocurrency securely
Risks and benefits of investing in cryptocurrency
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