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Edit: Food for thought, using a hardware wallet doesn’t give you the keys. It’s also software and Awesome Blacksmiths For Peace Shirt managed by a third company. As someone said in the comments, it’s starting to look obvious to me. This NKYNYC is becoming a marketing meme to sell hardware wallets. This is not 2013 where you trust a Fatboy in his mom’s basement to safekeeping your millions in space money but multi-billion dollar companies that probably use x7 advanced multi-sig cold storage wallets. Good points. I appreciate the engagement and comments some are very interesting. I would like to make a list of mentioned cons and pros for future reference. YC is a movement against all the exchange hacks, thefts, and scams which is also a considerable risk.

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Managing your own wallet prevents government seizures, holding your funds hostage for additional KYC documents, paying taxes, and all that fun stuff. Also, losing sensitive information during a hack. Phishing risks that could hack Awesome Blacksmiths For Peace Shirt account and steal your funds if you’re dumb enough not to enable 2FA by the app or hack an unsecured email and using your same Facebook email for your exchange. You can set up a multi-sig wallet and prevent the most common risks as losing your keys, fried USB, hookers found your safe when you were knocked out. And dying unexpectedly forgetting to tell your fictional wife. And kids what the password was for your ledger. So good. So happy. Thank you so much. You might lose your funds if the third party is hacked, business troubles. Or 404- thanks for your Bitcoin we can’t trace the CEO.

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