/biz/ - Business & Finance

>>52360498
NOT YOUR KEYS NOT YOUR CRYPTO

I still don't understand what's the point of this kind of thread

>>52360533
we went from ftx shills to nexo and gemini shills
they are desperate to keep morons on their platforms or insolvency will show up once the bank run starts
no one with a functioning brain would ever keep their BTC on a CEX

>>52360551
Yea I agree with that sentiment

I just don't understand those one liner quote with onions jack picture posts. What's the point they want to make?

>>52360533
Adding a gemmy on the log is an end unto itself

>FTX CONTAGION IS SPREADING LIKE CANCEROUS WILDFIRE

>>52360533
I don't understand what not your keys not your crypto even means. It makes no sense. Can someone please explain?

>>52360591
>What's the point they want to make?
there are a lot of people out there who absolutely hate self-custody and permission-less money and transactions
>cex
>tradfi kikes
>central banks
>private banks
>governments
>bis, imf, world bank, wef
>other glowies like jidf (e.g. on twitter they have udi which as a very public career)
>deranged people who lost it all on shitcoins
>mentally ill schizos
i assume it's one of them, they just pay some jeet 150$ a month to cyclically shit the board with those psyop threads
or maybe it's just some mentally ill schizo
the human mind is complex, go figure out...

>>52360739
you hold your private keys
>it can be the 12/24 mnemonic seed words for example
>or a base58 encoded private key which is just a string
nobody can touch your BTC
you are the sole owner of the coins, and you are the only one authorized to spend them
and as long as you backup and memorize those words, you can bring the BTC always with you
cross borders with 10M dollars worth of BTC just stored in your mind
and then you just use a hardware wallet to sign transactions

if you leave your crypto on the exchange
>first of all, they might not be there
>second, even assuming they are there, someone else is holding the private keys, so they are the actual owners
>they can be frozen and seized
>they can be stolen by the exchange (e.g. like in the FTX case)

>LOUD NOISES

>>52360873
ithey can be stolen from your wallet as well. Many such caseshsjmg

>>52360739
No, people like you should lose everything.

>>52360927
it can't be stolen if you do self custody properly
first of all pick a good hardware wallet where you can check hardware and software tampering
open source ones are great, like seedsigner it's based on a raspberry pi zero and you can assembly it by yourself
or you can just wipe a laptop (with no intel IME) and boot a kali live, offline, and use it as a hardware wallet to sign your tx
generate the private key in a secure environment (no cameras around)
NEVER, EVER, type the private key on any electronic device (except the hardware wallet)
NEVER, EVER, store it on your pc, or your email, or your dropbox, just NO
backup only using paper and pencil, metal plate, and then memorize those words
and they will never be stolen

while a cex is a centralized point of failure that allows ceo scammers, governments and hackers to steal it all from millions of people in one shot, so don't trust centralized exchanges ever
use kraken to buy spot and the withdraw your BTC immediately
self-custody is kind

NOT YOUR KEYS, NOT YOUR COINS

NOT YOUR CUNNY NOT YOUR WIFE

>>52360498
>STOP WITHDRAWING YOUR MONEY FROM EXCHANGE YOU CANT DO THAT ITS BAD FOR THE ENVIRONMENT

Anonymous (ID: Vcx4eR49) 11/11/22(Fri)11:01:51 No.52360551▶>>52360591

>>52360533
we went from ftx shills to nexo and gemini shills
they are desperate to keep morons on their platforms or insolvency will show up once the bank run starts
no one with a functioning brain would ever keep their BTC on a CEX

>>
Anonymous (ID: pZhxdsDr) 11/11/22(Fri)11:05:09 No.52360591▶>>52360742
File: 1639693371338.jpg (521 KB, 1106x1012)
521 KB

>>52360551
Yea I agree with that sentiment

I just don't understand those one liner quote with onions jack picture posts. What's the point they want to make?

>>52360498
I trust in CZ

Anonymous (ID: Vcx4eR49) 11/11/22(Fri)11:15:04 No.52360742▶>>52361592

>>52360591
>What's the point they want to make?
there are a lot of people out there who absolutely hate self-custody and permission-less money and transactions
>cex
>tradfi kikes
>central banks
>private banks
>governments
>bis, imf, world bank, wef
>other glowies like jidf (e.g. on twitter they have udi which as a very public career)
>deranged people who lost it all on shitcoins
>mentally ill schizos
i assume it's one of them, they just pay some jeet 150$ a month to cyclically shit the board with those psyop threads
or maybe it's just some mentally ill schizo
the human mind is complex, go figure out...

>>
Anonymous (ID: Vcx4eR49) 11/11/22(Fri)11:22:48 No.52360873▶>>52360927

>>52360739
you hold your private keys
>it can be the 12/24 mnemonic seed words for example
>or a base58 encoded private key which is just a string
nobody can touch your BTC
you are the sole owner of the coins, and you are the only one authorized to spend them
and as long as you backup and memorize those words, you can bring the BTC always with you
cross borders with 10M dollars worth of BTC just stored in your mind
and then you just use a hardware wallet to sign transactions

if you leave your crypto on the exchange
>first of all, they might not be there
>second, even assuming they are there, someone else is holding the private keys, so they are the actual owners
>they can be frozen and seized
>they can be stolen by the exchange (e.g. like in the FTX case)

>>52361618
>HELLOOOO
>IS THERE ANY NEURON IN THERE?

>>52360533
It started as a trolling campaign last year to peer pressure anons away from good financial advice

>>52361592
>Anonymous (ID: L6FE8D1s) 11/11/22(Fri)15:51:17 No.52361592>>52361670359.png (49 KB, 620x701)File: 359.png (49 KB, 620x701) google yandex iqdb wait49 KB PNGAnonymous (ID: Vcx4eR49) 11/11/22(Fri)11:01:51 No.52360551▶>>52360591
>
> >>52360533
> we went from ftx shills to nexo and gemini shills
> they are desperate to keep morons on their platforms or insolvency will show up once the bank run starts
> no one with a functioning brain would ever keep their BTC on a CEX
>
>>>
>Anonymous (ID: pZhxdsDr) 11/11/22(Fri)11:05:09 No.52360591▶>>52360742
>File: 1639693371338.jpg (521 KB, 1106x1012)
>521 KB
>
> >>52360551
> Yea I agree with that sentiment
>
> I just don't understand those one liner quote with onions jack picture posts. What's the point they want to make?

>>52360927
>Anonymous (ID: XAuR3l18)
>11/11/22(Fri)09:25:23 No.52360927 Anonymous (ID: XAuR3l18) 11/12/22(Sat)01:25:23 No.52360927>>52361104 >>52361670>>52360873
>ithey can be stolen from your wallet as well. Many such caseshsjmg

>they can be stolen by the exchange (e.g. like in the FTX case)

Anonymous (ID: tDL5QAuZ) 11/12/22(Sat)01:25:10 No.52360923
94E4F259-7495-4E1F-BA71-8(...).jpg (219 KB, 1497x1119) google yandex iqdb wait
219 KB

>LOUD NOISES

Anonymous (ID: XAuR3l18) 11/12/22(Sat)01:25:23 No.52360927>>52361104 >>52361670

>>52360873
ithey can be stolen from your wallet as well. Many such caseshsjmg

Anonymous (ID: t2getdO4) 11/12/22(Sat)01:27:33 No.52360986

>>52360739
No, people like you should lose everything.

Anonymous (ID: Vcx4eR49) 11/12/22(Sat)01:32:13 No.52361104
wallet.jpg (139 KB, 800x586) google yandex iqdb wait
139 KB

>>52360927
it can't be stolen if you do self custody properly
first of all pick a good hardware wallet where you can check hardware and software tampering
open source ones are great, like seedsigner it's based on a raspberry pi zero and you can assembly it by yourself
or you can just wipe a laptop (with no intel IME) and boot a kali live, offline, and use it as a hardware wallet to sign your tx
generate the private key in a secure environment (no cameras around)

>>52360533
Reddit hate. Fat people. Bald people that have a shitty beard just not to feel hairless. Gay. LGBTQ+ obnoxious and over the top support. Doggerinos. Source requesters (that one’s not too bad). Parroting the same advice for upvotes, creating a hivemind. I honestly like to see these threads now and then, they remind me that even if I haven’t made it, I’m not a retarded blob of a person.