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Could someone please explain why you have more custody over your bitcoins if you use a cold rather than hot wallet?

Bitcoin Reddit

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For the first time in all of human history, mankind has a true sovereign method of value storage and transmission. I’d argue that the concept of “ownership” has, until 2009, been merely an idea; a concept that was not possible to fully realize until blockchain technology came along.

All of that said, if anyone else on earth has any way to access your Bitcoin, you don’t experience what true sovereign ownership is - you’re out of the loop.

If you store your keys in a method that sees these keys exposed to a network, others can potentially access your value.


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