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German Bitcoin Developer René Pickhardt Expresses Concerns Over Self-Custody Risks Hindering BTC Purchases

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FOMOGRAM Editorial Desk
Aug 6, 2026
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German Bitcoin Developer René Pickhardt Expresses Concerns Over Self-Custody Risks Hindering BTC Purchases
EXECUTIVE SUMMARY

René Pickhardt, a Bitcoin developer, revealed that security concerns over self-custody have limited his Bitcoin purchases. This follows a significant security incident involving hardware wallets that resulted in substantial BTC theft.

René Pickhardt, a Bitcoin developer, revealed that security concerns over self-custody have limited his Bitcoin purchases. This follows a significant security incident involving hardware wallets that resulted in substantial BTC theft.

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Concerns over self-custody risks and recent hardware wallet vulnerabilities may deter Bitcoin purchases, impacting demand.

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