Be Your Own Bank—Crypto's Worst Advice Yet?
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Be Your Own Bank—Crypto's Worst Advice Yet?
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About this listen
In this episode of Reversing the Trend, I discuss the challenges of the "be your own bank" concept in the crypto space. The episode covers the impracticalities of managing a 12-24 word recovery phrase, the lack of customer support, and the complexities of securing funds independently. It highlights how these challenges particularly affect those without access to traditional banking, making financial inclusion difficult to achieve through this approach.
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