Yet, the industry keeps moving forward.
But there's a pattern worth paying attention to: wherever large amounts of other people's money are held, you create a honeypot for attackers.
Exchanges. Custodial wallets. Lending platforms. Crypto institutions.
No matter how big they are, how much money they spend on security, or how many billions they process every day, they remain vulnerable to hackers, insider threats, and institutional failures.
If you don't control your money, you're trusting someone else to protect it. And history has shown us, time and again, that this trust can be misplaced.
This is exactly why Bitcoin was created.
Satoshi Nakamoto designed Bitcoin to give people an alternative to a system built on debt, monetary expansion, and centralized control.
A system where your hard-earned savings can lose purchasing power. Where ordinary people bear the consequences of decisions made by institutions they have no control over. Where financial infrastructure can be weaponized, mismanaged, or exploited at the expense of the people it is supposed to serve.
Bitcoin offers something fundamentally different: an open, permissionless monetary network where ownership doesn't have to depend on an intermediary.
Consider Satoshi's presumed Bitcoin holdings. Nearly 18 years after Bitcoin's creation, those coins remain unspent. No exchange has custody of them. No bank can freeze them. No institution can authorize their movement.
The network continues to operate according to its rules, regardless of who is in control.
That is a powerful demonstration of what Bitcoin makes possible.
Self-custody isn't just a security practice. It's the foundation of financial sovereignty.
When you hold your own private keys, you eliminate the need to trust an exchange, a lender, or a financial institution to honor your ownership.
Not your keys, not your coins.
The lesson isn't that every platform will inevitably get hacked. It's that every intermediary introduces a layer of trust, risk, and potential failure.
Bitcoin gives us the option to remove that layer.
And that is how we begin to build a financial system that truly serves people, rather than asking people to trust the system blindly.
