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Yeah, it's strange to come across people saying they keep their assets "offline" when actually their assets are never offline. It's all about the keys.
Andreas Antonopoulos created a lot of great content on this topic. I can only recommend to anyone to watch his older videos on YT. I've learned a lot from Andreas in my early days in this space. Managing my own keys was one of those things.
Thanks for the tip, I might check out this guy.
I found this video. I think it's a reupload of the one I watched like 10 years ago. Thanks to Andreas I've survived Mt.Gox, Mintpal, Cryptsy, Paybase, Cryptopia and yeah, now FTX.
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Probably one of the biggest misconceptions newcomers have when being first exposed to this space. Also one of the first things I try to explain whenever someone asks me about Bitcoin.
Seeing Bitcoin as a commodity is another one of those misconceptions (imo). It has this touch of "investment fear" to it when viewed from that perspective. When I talk to people about Bitcoin I try to talk about it as an actual currency. A "foreign" currency but yet, just a currency. Thus "it's just money". I tell people when they buy their first sats they are basically engaging in a foreign exchange, one for another, just like you swap when you travel abroad.
How someone sees Bitcoin makes a big difference imo and you can take away a lot of fear and reservations if you talk to people about it in that way.
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