The Mark Moss Show The Biggest Bitcoin Risk Nobody Is Talking About | Ben Perrin
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Feb 19, 2026 
Ben Perrin, founder of BTC Sessions and a leading teacher of Bitcoin self-custody, explains why custody—not price or regulation—is the biggest risk. He explores practical self-sovereignty, multisig and inheritance planning. Topics include privacy, defenses against coercion, hardware wallets, Lightning use, and how people can move from custodial habits to truly owning their Bitcoin.
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Self-Sovereignty Is Bitcoin's Core Value
- Bitcoin's promise is self-sovereignty: you can hold money nobody can print and control it yourself.
- Ben Perrin stresses learning how to use Bitcoin beyond ETFs to actually participate in sovereign money.
Broad Adoption Strengthens Bitcoin
- Wider adoption, even by disliked actors, strengthens Bitcoin's resilience.
- Ben Perrin argues acceptance by institutions doesn't remove individuals' ability to remain self-sovereign.
Store-Only Adoption Risks Bitcoin's Mission
- If Bitcoin becomes only an institutional, custodial store-of-value, it risks stalling its mission.
- Ben Perrin says true success is a Bitcoin standard with private, usable layers for individuals.