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So it's pointless? Not your keys not your coins wallet?

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This used to be the case back in 2014. But not as much anymore. In fact people tend to lost their key , forgot where they stored them, or got hacked through malware/phising or lost device like cold wallet

Worse than pointless. You are taking all the risk and getting none of the rewards.

Kristian
Worse than pointless. You are taking all the risk ...

Sure if you are looking to earn interest on your crypto. But not for those who want to borrow against their crypto

You lose your keys, you lose your wallet. No one can save u. U go into defi and get rug, no one can save u. So theres pro and cons. U decide your own wealth management.

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