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However at least with bitcoin you can easily self-custody, and be sure you're holding a real bitcoin and not a fractional one in an exchange
by shawabawa3 5y ago
However at least with bitcoin you can easily self-custody, and be sure you're holding a real bitcoin and not a fractional one in an exchange
- zaphar 5y agoShove some cash under a mattress or store it in a vault and you can be sure you are holding real dollars not fractional ones. Just holding a real dollar says nothing about the value of the dollar you are holding. Same as just holding a real bitcoin says nothing about the value of the bitcoin you are holding. Outside forces affect the actual value of what you hold fractional or not. The ability to self-custody affords you nothing. The value in either case can plummet completely outside of your control.