vezire on Nostr: This note ended up in Bitcoin X. The friend reached out asking me to delete it (lol), ...

This note ended up in Bitcoin X. The friend reached out asking me to delete it (lol), saying I misunderstood him because I’m “not crypto native” and don’t even know what a public or private key is.

His exact words were: “You’d forget your private key, just buy it on Binance.”
I honestly do not see how I could have misunderstood that.

I did not share this to attack anyone. It just felt really ironic, especially being part of the Nostr community where no one would advise something like this.

To be clear, I do not think he is evil or against Bitcoin’s core principles. I think he sees me as an NPC, someone who in his eyes will not invest much anyway, so it does not matter if I use a self-custody wallet or not. He assumes I am not knowledgeable enough to handle keys properly and that I will probably mess something up.

Which is just sad.

Even if you can only hold 1 satoshi, that is okay. Bitcoin is for everyone.

And if it is not your keys, it is not your 1 satoshi.

quoting
nevent1q…lupt

Last year, I asked a friend who works in Bitcoin how I could set up a wallet because I didn’t want to keep my Bitcoin on an exchange. He told me, “You’d forget your private key, just buy it on Binance.”

He’s the co-founder of a Bitcoin company that recently got a $14M investment :)