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Exposes Exchange Practices:
By encouraging mass withdrawals, Proof of Keys Day can reveal exchanges that operate on a fractional reserve basis—holding less cryptocurrency than they claim. This transparency is crucial for maintaining trust within the crypto community
Educates Investors:
The day provides an opportunity for both new and experienced investors to learn about self-custody, the importance of securing private keys, and the various types of wallets available for safe storage
Celebrates Bitcoin’s Origins:
The event commemorates the creation of Bitcoin and its potential to disrupt traditional financial systems, reinforcing the message that financial independence is achievable through decentralized technology
By participating in Proof of Keys Day, individuals can reaffirm their commitment to financial autonomy and enhance their understanding of cryptocurrency security.