In a hilarious tweet that has sparked conversation within the Bitcoin community, a self-proclaimed Bitcoin maximalist humorously rejected the use of third-party custodians and yield farming, stating, “When I have enough #bitcoin saved up to comfortably live off of, I’m just gonna live off of it. Fuck custodians and fuck yield. Y’all can fuck around and find out with that shit if you want though”​.

This sentiment aligns with the broader ideology held by many Bitcoin maximalists, who prefer self-custody of their assets, believing that “not your keys, not your coins” should be a foundational principle for Bitcoin holders. By managing their private keys independently, they avoid relying on third-party custodians, which are often seen as a weak link in the chain of financial trust​.

Third-party custodians, such as centralized exchanges, are viewed as vulnerable to fraud or insolvency, as highlighted by the collapse of platforms like FTX. Self-custody gives Bitcoiners complete control over their assets, ensuring security and privacy, albeit with the added responsibility of safeguarding private keys​..

This tweet encapsulates the growing divide between those who seek yields from their Bitcoin and those who firmly reject such offerings, emphasizing the importance of trustless systems within the cryptocurrency ecosystem​.

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