Part 8/12:
Holding Bitcoin in a private wallet grants full control and sovereignty over assets, immune to government confiscation or censorship. As long as private keys are protected, no authority can seize Bitcoin, making it a truly censorship-resistant form of property.
The Challenges Facing Bitcoin
Despite its compelling attributes, Bitcoin is not without risks. Its high volatility remains a significant concern—price swings of over 10% in a single day are common, and crashes of 80% have occurred. This makes it a risky asset for conservative investors prioritizing stability.