FoundationsStock Alerts + Tools0:45Crypto

The Key Is the Asset

Ownership is possession of a private key, which makes self-custody genuinely final in both directions.

0:45 · 6 scenes

This lesson is part of a Stock Alerts + Tools plan.

What the lesson covers

  1. 0:00There is no account to recover. Whoever holds the key holds the asset.
  2. 0:05The two models. Somebody else holds the key for you, or you hold it yourself. Both have real risks.
  3. 0:14What irreversibility means. A wrong address, a lost phrase or a stolen key are all final. There is no appeal.
  4. 0:23The seed phrase. A list of words that reconstructs the key. Anybody who reads it owns the assets.
  5. 0:32The universal warning. Nobody legitimate will ever ask for your recovery phrase. Nobody, ever.
  6. 0:40Whoever controls the key controls the asset. There is no other rule.
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Educational content only. MadStockAlerts provides market commentary, research, and educational content. It is not personalized investment advice, and nothing here is a recommendation to buy or sell any security. Trading and investing involve substantial risk, including loss of capital. See the Risk Disclosure and Customer Agreement.
Educational content only. MadStockAlerts provides market commentary, research, and educational content. It is not personalized investment advice, and nothing here is a recommendation to buy or sell any security. Trading and investing involve substantial risk, including loss of capital. See the Risk Disclosure and Customer Agreement.
The Key Is the Asset — MAD Academy Training Video · MadStockAlerts