What Is Financial Sovereignty?
Financial sovereignty is the ability to hold and manage one’s own wealth without relying on third-party custodians. It is the key to financial independence and autonomy.
The Resistance To Change A Habit
People who are used to custodial services often don’t see a need to change this habit. There is a big resistance to change habits, as it requires effort and education about self custody and its benefits.
Lightning Wallet Test in Zimbabwe
To find out if it was possible for people in Zimbabwe to use non-custodial Lightning wallets, even with low and erratic internet connection, I did a test there.
Educate People On Self Custody
As a Bitcoin educator, my first priority is teaching people about self custody and why it is important. They need to understand the difference between custodial and non-custodial services so they can make an informed decision when deciding which route they want to go down.
Conclusion
It is essential that people understand the importance of self custody before using Bitcoin tools such as Lightning wallets, as this will help them become financially sovereign and protect their funds from getting rug pulled at any time by third parties. Educating newbies on how to properly use Bitcoin tools securely will ensure that everyone can benefit from its potential for financial freedom.
Recent Comments