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Crypto Fundamentals Pt. 3: Where Assets Live and Who Controls Them In the previous videos, we covered what crypto actually is and the security mindset required to participate safely. This video continues that foundation by answering a critical question most people never stop to ask: Where do crypto assets actually live, and who controls them? In traditional finance, balances feel like ownership. In crypto, ownership is determined by custody and control. In this video, we break down: ▪️ Why “accounts” don’t mean ownership in crypto ▪️ The difference between centralized exchanges, hot wallets, and cold storage ▪️ How custody models change who controls your assets ▪️ Why convenience and control exist on a spectrum ▪️ How intent should determine how you structure your crypto setup In the next video, we’ll move from structure to execution, covering specific platforms that I use and recommend to you. We'll take a look at everything we've covered so far, from security to custody, and show some examples of services you can consider. If you want to understand crypto beyond the surface level, this is essential context.