“Not your keys, not your coins.”
Self-custody means trade-offs—but it’s the only way to truly own Bitcoin.
Individuals: use hardware wallets + backups.
Institutions: multisig + proof of reserves.
No keys, no control.
@ODELL and @Adam Back discuss the endgame of defending the free and open network of Bitcoin by securing your own custody at CTS25.
Read our full Bitcoin Custody in 2025 White Paper:
Watch the full conversation:
Mockingbird Research - Bitcoin Custody in 2025