Peter Schiff’s story is a great lesson for anyone who is new to the world of Bitcoin (Reddit Bitcoin)
Bitcoin has a number of advantages and better protects what you own in a global way than fiat currencies.
However, on the other hand, Bitcoin requires you to take care of your wealth.
This means that you need to take the utmost care of the keys associated with your Bitcoins.
If you don’t, you will lose everything.
This is what happened to Peter Schiff.
It’s a great lesson for everyone who puts the following slogan back on the agenda as well:
“Not Your Keys, Not Your Bitcoins.”