Quote from: joniboini on September 02, 2025, 07:34:15 AM

Agree with what has been said above. After years on this forum, your first impression is hardly being discussed. At best, people ask that to eventually correct some of your assumptions about crypto, which doesn't have to happen if we're discussing crypto in-depth. Your misleading assumption will get ironed out eventually.

As for your feeling that personal responsibility is important to secure your crypto, that's not wrong. Self-custody is great. Some people dislike it because it feels inconvenient at times, but trust me, you'll accept that trade-off if you know how often people lose money because they trust an exchange yet that exchange got hacked or something else happened to them. 2FA or something isn't a magic tool either. You must understand what they do before you use them.

Makes sense. Have you ever had a personal experience that made you learn not to ever use third parties or you learnt from other people's experiences?

Quote from: Die_empty on September 02, 2025, 07:47:30 AM

Quote from: Tinyphilus on September 02, 2025, 01:15:07 AM

Good to be here. Read and observed the forum since I joined and must say I like how detailed the discussions here are compared to social media platforms. As a beginner I noticed some topics are mentioned a lot like wallets, security nd scams but I still feel there are always new perspectives. For instance my first impression of bitcoin is that it is more about personal responsibility than anything else. If you loose your keys, you loose your coins and that feels different from banks. For those who have been in the game longer, what was your first impression when you realized how it actually works?

Having used centralised platforms for a long time, it is common to be scared of becoming your own bank. The responsibility of keeping your keys safe from both online and offline threats might be scary. We are used to shifting financial responsibilities to centralised organisations. But as we gain more experience, we realise that it is far safer than keeping money in banks. At first, I thought it was too risky to keep Bitcoin, but lessons on privacy and security have allayed those fears.

Thank you. What was the one thing that made you feel secure about it?