Not Your keys, Not Your Coins.
Assalam Alaikum Everyone. I hope u all doing well.Aaj mein crypto history ki ek aisi story share karna chahta hoon jis ne puri Bitcoin community ko hila kar rakh diya tha. Shayad new users ne Mt. Gox ka naam naa suna ho lekn old crypto users is say waqif hay.
Toh scene hy 2010-2013 ka . Jab Mt. Gox world ka sab sy bara Bitcoin exchange huwa krta tha . At that time approximately 70% sy zyada Bitcoin trading isi platform par hoti thi. Log bina zyada sochy samjhy apne BTC wahan hold karte. Mt. Gox k owner Jed Mccaleb ny apni aik interview mein kaha k jb unho ny exchange strt ki thi tb bitcoin ki price just 6 cents thi . Qk us waqt crypto industry bohat new thi aur awareness logo mein nahi tha itna.
Achanak 2014 mein users ko withdrawal issues ana shuru ho gaye . Us time logo ko btaya gaya k exchange maintenance ho raha hy. Lekin reality us sy kaafi zyada bhayanak thi.
After few days pata chala k exchange sy lakhon Bitcoin gayab ho chuke hain. Reports ke mutabiq around 850,000 BTC missing thay. Us waqt bhi yeh amount bohat bari tha aur agar aaj k hisaab sy dekha jaye toh amount approximately 95 to 97 billions hoti.
Is incident ki waja sy crypto mein aik kisam ka panic spread hogya . Aur q na ho qk logo ki life savings waha parhi huwe thee. Even kuch log bankrupt hogye thy.
Toh is waqiya sy humein yeh lesson milla k.
Not your keys not your coins.Lekn Shyd yeh zarori bhe tha .Q k Agar aisa incident strt mein na atha toh shyd bitcoin aur other currencies apni security aur self custody par itna tawajjo nahi dete.
Ap log kia sochthy ho trust toh aj bhe log boht krty hy exchanges par . Ya phir self custody ka trend ziyada strong ho raha hy?