Over the past several decades, governments and institutions have increasingly taken control of money to the point that most people are unable to attain any degree of financial self-sovereignty. Most purchases are made using bank accounts and credit cards and the supply of all fiat currencies is tightly controlled by government leaders, who print new money and wreak inflationary havoc at will. Anyone who wants to take control of their own money is out of luck…
Or at least they were until the advent of Bitcoin. Bitcoin has monetary value in and of itself because it’s not a government or bank debt. It’s just money. On top of that, Bitcoin doesn’t rely on any government or institution to run it. In fact, Bitcoin doesn’t care even if they don’t want it to run at all. That said, governments and institutions are trying to wrest control of Bitcoin away from individual hodlers through regulations and by offering custody services.
I’m a firm believer that Bitcoin is safest when it’s custodied by its owner. No matter how convenient or rewarding so-called “crypto-banks” may make their offerings seem, if you don’t control the keys to your Bitcoin, then your ownership of it continues for only as long as the crypto-bank, or the government regulating the crypto-bank, allows it. After all, if the government comes knocking and tells the people running the crypto-bank to give up your Bitcoin, do you think they’re going to protect your money over their business? Unlikely.
Self-custody may seem scary to some, but the learning curve is well worth it so that you can take complete control of your money. In the hopes that I can help someone along their journey to self-custody, I’d like to gift some Bitcoin to one person:
Participating in this Bitcoin giveaway is easy:
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Subscribe to my newsletter 📧👇🏻
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Good luck on your Crypto journey in 2022!
Rules
(1) Winner will be announced on my Twitter and emailed directly on January 31st!
*Who can enter?
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Bitcoin is open to all! Anyone anywhere in the world can participate as long as you follow the rules and have a valid Bitcoin address/wallet.
*Can I still enter if I’ve already subscribed to your newsletter and/or followed you on Publish0x?
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Anyone who subscribes to my newsletter for the first time on or after December 31st is eligible to participate.
*How much Bitcoin will the winner receive?
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USD/BTC conversion rate will be taken as of 0:00 UTC on January 31st
This giveaway is not endorsed or managed by Publish0x.
