Uploaded January 2025 | Updated September 2026, 4 days ago
Bobby Lee, founder of Ballet Crypto and author of The Promise of Bitcoin, delivers a critical talk on Bitcoin ownership and self-custody at the Australian Crypto Convention.
With Bitcoin approaching all-time highs, Lee emphasizes the importance of truly owning your Bitcoin and highlights the risks of relying on exchanges or insecure cold storage methods.
Discover how Ballet's innovative cold storage solutions offer a simple, safe, and user-friendly way to secure your crypto assets.
đź“Ś Key Chapters:
00:02 - Introduction: Bitcoin hitting all-time highs & ownership discussion
00:21 - About Bobby Lee: Founder of Ballet Crypto & Bitcoin veteran
00:47 - Audience Poll: How many attendees HODL Bitcoin?
01:01 - Will Bitcoin hit $100K this week? Audience predictions
01:31 - Bobby’s 13+ years in Bitcoin: From 2011 to today
01:59 - Do you truly own your Bitcoin? Understanding self-custody
02:18 - Ownership in the digital age: Why Bitcoin is different from traditional assets
03:10 - Title-based ownership: Real estate, stocks, and why identity matters
04:08 - The risks of fiat money & fractional reserve banking
05:14 - Identity-based control over your assets & a shocking banking story
07:33 - The problem with holding cash & inflation risks
08:45 - Why Bitcoin is the future of money
08:59 - The dangers of storing Bitcoin on exchanges: Hacks, scams & insolvency risks
11:17 - The case for self-custody: How to secure your Bitcoin
11:36 - Bitcoin storage options: Exchanges, hot wallets & cold storage
11:49 - Custodial vs. self-custody: Why self-custody is the safest option
11:54 - Hot wallets vs. cold storage: The best security practices
12:19 - The reality of cold storage: Complex setups & common mistakes
13:29 - Hardware wallet risks: Losing funds through user error
14:14 - Ballet Crypto: A simple, secure cold storage solution
15:02 - Ballet’s key features: Zero setup, no passwords, and support for 1,000+ assets
15:52 - The Ballet Crypto app: Viewing your assets without storing them online
16:28 - Why simplicity is key to security in Bitcoin storage
16:49 - Ballet’s design: No firmware updates, no electronics, no risk of hacks
17:48 - From BTC China to Ballet: Bobby Lee’s shift from exchanges to self-custody
19:17 - The tradeoff: Keeping your Ballet card physically safe
19:40 - Introducing the Ballet Cold Storage Coin: A Bitcoin-only cold storage solution
20:03 - FREE GIVEAWAY! Get a Ballet Crypto card at Booth 11
20:39 - Custom Ballet cold storage solutions for companies
21:24 - How to load Bitcoin & crypto onto your Ballet card
22:07 - No passwords required: The risks of relying on memory for security
23:47 - Ballet’s patented private key security & two-factor generation
25:53 - Bobby Lee’s first visit to Australia & closing thoughts
đź“Ś Join the biggest crypto event in the Southern Hemisphere!
🎟 Get your tickets now: auscryptocon.com
Bobby Lee, founder of Ballet Crypto and author of The Promise of Bitcoin, delivers a critical talk on Bitcoin ownership and self-custody at the Australian Crypto Convention.
With Bitcoin approaching all-time highs, Lee emphasizes the importance of truly owning your Bitcoin and highlights the risks of relying on exchanges or insecure cold storage methods.
Discover how Ballet's innovative cold storage solutions offer a simple, safe, and user-friendly way to secure your crypto assets.
đź“Ś Key Chapters:
00:02 - Introduction: Bitcoin hitting all-time highs & ownership discussion
00:21 - About Bobby Lee: Founder of Ballet Crypto & Bitcoin veteran
00:47 - Audience Poll: How many attendees HODL Bitcoin?
01:01 - Will Bitcoin hit $100K this week? Audience predictions
01:31 - Bobby’s 13+ years in Bitcoin: From 2011 to today
01:59 - Do you truly own your Bitcoin? Understanding self-custody
02:18 - Ownership in the digital age: Why Bitcoin is different from traditional assets
03:10 - Title-based ownership: Real estate, stocks, and why identity matters
04:08 - The risks of fiat money & fractional reserve banking
05:14 - Identity-based control over your assets & a shocking banking story
07:33 - The problem with holding cash & inflation risks
08:45 - Why Bitcoin is the future of money
08:59 - The dangers of storing Bitcoin on exchanges: Hacks, scams & insolvency risks
11:17 - The case for self-custody: How to secure your Bitcoin
11:36 - Bitcoin storage options: Exchanges, hot wallets & cold storage
11:49 - Custodial vs. self-custody: Why self-custody is the safest option
11:54 - Hot wallets vs. cold storage: The best security practices
12:19 - The reality of cold storage: Complex setups & common mistakes
13:29 - Hardware wallet risks: Losing funds through user error
14:14 - Ballet Crypto: A simple, secure cold storage solution
15:02 - Ballet’s key features: Zero setup, no passwords, and support for 1,000+ assets
15:52 - The Ballet Crypto app: Viewing your assets without storing them online
16:28 - Why simplicity is key to security in Bitcoin storage
16:49 - Ballet’s design: No firmware updates, no electronics, no risk of hacks
17:48 - From BTC China to Ballet: Bobby Lee’s shift from exchanges to self-custody
19:17 - The tradeoff: Keeping your Ballet card physically safe
19:40 - Introducing the Ballet Cold Storage Coin: A Bitcoin-only cold storage solution
20:03 - FREE GIVEAWAY! Get a Ballet Crypto card at Booth 11
20:39 - Custom Ballet cold storage solutions for companies
21:24 - How to load Bitcoin & crypto onto your Ballet card
22:07 - No passwords required: The risks of relying on memory for security
23:47 - Ballet’s patented private key security & two-factor generation
25:53 - Bobby Lee’s first visit to Australia & closing thoughts
đź“Ś Join the biggest crypto event in the Southern Hemisphere!
🎟 Get your tickets now: auscryptocon.com
