Honestly, many people believe that self-managed wallets are more reliable, and I think so too.

What gives traditional banks a sense of security? Institutional reputation and national credit. But in 2023, the Silicon Valley Bank run and Credit Suisse's collapse have long shattered the myth of "too big to fail." In the face of extreme liquidity crises, even century-old institutions can see their credit collapse overnight.

What's more heartbreaking is that centralized institutions hold absolute authority—freezing accounts can be done with a single risk control decision, and policy adjustments or misjudgments can become reasons. When your money can be moved is no longer up to you.

In contrast, self-managed wallets rely on private keys and cryptography for security. Simply put, it's mathematics. Instead of gambling on human nature or trusting institutions, I prefer to believe in algorithms that won't lie.

What does the data say? By 2025 alone, blockchain risk control systems have intercepted 70 million risky transactions, saving over 500 million USD. This is not marketing talk; it's real protection happening. For mainstream self-managed wallets, the goal is: you can explore with peace of mind, leaving risk prevention to technology.