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What are the drawbacks to self-custodying bitcoin?

While holding your bitcoin private keys in a multisig setup is considered the "gold standard" of bitcoin custody, this model can be cost prohibitive and requires tech savviness & strong personal accountability regarding key management.

Accordingly, Fedi offers an alternative solution for those who find the aforementioned barriers to self-custody too high but do not want to place their trust in a third-party entity like an exchange.

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