Topic: Not your keys, not your Bitcoin (Read 332 times)
Now we need a good music producer to convert this poem into a song with high intensity music. Nice poem by the way, the message was delivered to most of us.
Well done. Nice poem, you also include a link on other thread like how to secure your keys and keep it safe. Also you included the thread about a way that will lose your bitcoin if you are not careful enough. It's like a poem that tells everyone especially newbies that they need to read it. The title says it all.
“Not your keys, not your Bitcoins”. This is statement from those who have been victims of stolen bitcoins. It is a statement that is meant to call to your attention that as long as financial transactions remain centralized, the situation or happenstance of you losing your bitcoin is almost inevitable.
This is perhaps the reason why the Decentralized finance (DeFi) is the next big thing. Decentralised financial systems are based on smart contracts which operates automatically without any interference from a central source. You get to make the rules and policies as regards your financial life, You become the Boss!
This is perhaps the reason why the Decentralized finance (DeFi) is the next big thing. Decentralised financial systems are based on smart contracts which operates automatically without any interference from a central source. You get to make the rules and policies as regards your financial life, You become the Boss!
TW is non-custodial alright but it's not the best example to compare with Coinbase. While one is custodial and the other is not, both are closed source. That means it's not that trustworthy too since there's no transparency and review or audit is close to a few developers unlike open source non-custodial wallets such as Electrum. Check this topic https://bitcointalksearch.org/topic/m.54332332
In my opinion I think both should not be considered good, coinbase.com is just a custodial wallet which means you do not have complete control over your own coins, your coinbase account can be controlled in a way you will not be able to make use of your own cryptocurrencies because it has no private key given. Trust wallet is close source, I will not also go for close source because my bitcoin worth more than money. Both of them can not just be considered a good wallet. .....some don't know the difference between coinbase wallet and trust wallet, one gives key and one don't
TW is non-custodial alright but it's not the best example to compare with Coinbase. While one is custodial and the other is not, both are closed source. That means it's not that trustworthy too since there's no transparency and review or audit is close to a few developers unlike open source non-custodial wallets such as Electrum. Check this topic https://bitcointalksearch.org/topic/m.54332332
Nice poem buddy, I really love reading a poem related to his bitcoin so far there are 3 poems that I have read posted in this forum related to bitcoin. Not your keys, not your bitcoin or wallet that is true, that is why we have to keep our keys safe and secured, we should never tell it, anyone, even in our friends. I also use a custodial wallet where I can feel security for my asset.
I've been seeing this same warning over and over since I got on this forum, it's a good warning for newbies since we keep having new people amongst us every time to time, someone have to keep warning them because some don't know the difference between coinbase wallet and trust wallet, one gives key and one don't
Excellent! Really amazing! The poem was really very informative and knowledgeable. I like the poem very much. If my wallet does not have a private key, then there is no benefit in having a thousand dollars in that wallet. This is real. Not Your key, Not Your Wallet.
What has this got to do with me
If I have my bitcoin I should hid my key
Scammers everywhere wouldn't they resign
There are better options to get a catch
If scammers choose to hunt for coin
Then the holders should save their coin
We can't do much to scare those scum
With the little we can, we can secure our funds
Scammers has choosen not to resign
All the want is ruin ur lots
It would be wise to trade with guide
Not all miners seek ur gain
Trade with caution and save ur key
In due time we would reduce their loot
Only then would our trust be built
But for now we guide our shares
Scammers has to be aware
For our coin is not their share
If I have my bitcoin I should hid my key
Scammers everywhere wouldn't they resign
There are better options to get a catch
If scammers choose to hunt for coin
Then the holders should save their coin
We can't do much to scare those scum
With the little we can, we can secure our funds
Scammers has choosen not to resign
All the want is ruin ur lots
It would be wise to trade with guide
Not all miners seek ur gain
Trade with caution and save ur key
In due time we would reduce their loot
Only then would our trust be built
But for now we guide our shares
Scammers has to be aware
For our coin is not their share
Not your keys, not your Bitcoin
Securing your coin is like a battle field,
Fighting and dragging for who will be the lead,
Scammers, frauding until they get the deal,
Securing your keys against scammers is a war indeed,
Save it, protect it, because you hold the keys.
They come roaring when it goes to the moon,
They keep shouting, $50k, $100k is coming soon.
Anxiously, looking forward to filling their greedy spoons,
Convincing slowly with their sweet and lovely tunes,
Protect it, not their keys, not their coins.
Scammers are everywhere deceiving,
Exploiting their skills by cyber criming,
Knowing fully well your money is your honey.
Making you scared of loosing your coins,
Protect it, not their keys, not their Bitcoin.
Oh, scammers, how will you fill your empty pockets?
When investors have saved their coins in a safe wallet,
Resign, scammers, for you can't meet up your budgets,
Choosing non-custodial wallets has been the surest,
It is not your keys, it is not your wallet.
Securing your coin is like a battle field,
Fighting and dragging for who will be the lead,
Scammers, frauding until they get the deal,
Securing your keys against scammers is a war indeed,
Save it, protect it, because you hold the keys.
They come roaring when it goes to the moon,
They keep shouting, $50k, $100k is coming soon.
Anxiously, looking forward to filling their greedy spoons,
Convincing slowly with their sweet and lovely tunes,
Protect it, not their keys, not their coins.
Scammers are everywhere deceiving,
Exploiting their skills by cyber criming,
Knowing fully well your money is your honey.
Making you scared of loosing your coins,
Protect it, not their keys, not their Bitcoin.
Oh, scammers, how will you fill your empty pockets?
When investors have saved their coins in a safe wallet,
Resign, scammers, for you can't meet up your budgets,
Choosing non-custodial wallets has been the surest,
It is not your keys, it is not your wallet.
Jump to: