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#375: Keeping Your Bitcoin Safe From Exchanges with Phil Geiger

TFTC: A Bitcoin Podcast

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Is Unchained the Base Layer Infrastructure for the Financial System of the Future?

In Bitcoin, there is absolutely zero need for any single company or entity to be a single point of failure for the funds for client funds. The only way that you can prove the reserves of your Bitcoin is by confirming that you have the keys to your Bitcoin address. And when you're using a service that works native to Bitcoin, it's trivial to sign a message saying that this is my Bitcoin and then you've proven cryptographically that you control the Bitcoin. It's like if you had Like one of those $20,000 gold verification machines where you could like verify that your gold was real,.

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