BITWU.ETH 🔆
BITWU.ETH 🔆|Aug 04, 2026 07:19
Willy Woo @willywoo This data is pretty eye-opening: Bitcoin lost through self-custody: 1.57 million BTC Bitcoin lost through CEX storage: 1.51 million BTC Almost a 50/50 split. This reveals a harsh truth: the biggest risk to Bitcoin might not be someone stealing it, but you mismanaging it yourself. The common belief in the past: Storing on exchanges = unsafe Storing yourself = safe The slogan everyone shouts is: NOT YOUR KEY NOT YOUR MONEY But the reality is, exchange risk means someone else controls your assets, while self-custody risk means *you* might become the biggest vulnerability. Especially after incidents like the Coldcard case, we need to rethink what "security" really means. So after the Coldcard incident, I want to ask everyone: How do you plan to store your assets?
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