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Kevin highlighted the reasons for Bitcoin self-custody and why it’s important to secure your own keys. As the old adage goes “not your keys, not your coins”. He explained the properties of Bitcoin. 
Which is a network that is the most secured and decentralized when comparing it to other crypto assets. Privacy is also the value of self-custody because you can remove your Bitcoin off a centralized exchange.
Centralized exchanges such as Coinbase, Voyager, Celsius, or even Binance have control over your money, privacy, and ultimately the purpose of decentralization. 
The argument can be made that in some aspects centralization will help bring more investors into this space and not everyone will want to have control over their private keys. 
However, understanding the purpose of permissionless and borderless money is important when it comes to storing your Bitcoin on a hardware wallet. 
Kevin explained the recent withdrawal halts from Celsius and why this presents a case for self-custody.
He also highlighted how FTX is providing credit facilities to BlockFi and Voyager Digital due to the liquidity crunch most of these exchanges have experienced due to macroeconomic conditions. 
Will we see a contagion of the Celsius freezes happen among other centralized crypto exchanges? Who knows, one thing I do know is securing your private keys is essential when learning about self-custody throughout the crypto industry. 
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