Achieving Self Custody And Avoiding KYC

This article is part one of a five-part series designed to demonstrate to Bitcoin beginners how to install, secure and use a Bitcoin wallet. This first part of the series covers the importance of self-custody and the dangers of know your customer (KYC) regulations.

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Generally speaking, new Bitcoin users discover the importance of self-custody and the dangers of KYC after they have already started acquiring bitcoin. Since bad habits are hard to break, I wanted to cover this topic for Bitcoin beginners first. This tutorial has been designed for a total Bitcoin beginner, someone who is interested in Bitcoin but has no idea where to begin or what a Bitcoin wallet is or what to do with them.

With this ongoing five-part series, I hope to have put together an informative guide to some pitfalls to watch out for for new users with a focus on the installation and use of their first Bitcoin wallet and how to obtain non-KYC bitcoin. This way. anybody can bookmark this tutorial and reference it when they have the time and interest.


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