The Vaults vs. Self-Custody: A Trust Revolution in Modern Finance

As cryptocurrency evolves, self-custody wallets are gaining traction despite trust issues stemming from scams and hacks. While traditional banking has built trust over centuries, the decentralized nature of crypto offers users direct control over their assets but comes with significant management challenges, such as secure seed phrase storage and password protection. The future of finance may see these two systems coexisting, balancing innovation with security concerns.