Transitioning from a traditional bank to self-custody with a tool like Mycelium involves a significant psychological shift. It moves the burden of security from a trusted third party to yourself. This can initially induce anxiety, often referred to as “the fear of being your own bank.” However, this feeling is replaced by empowerment as you learn and practice proper key management. The process of securely backing up your seed, setting strong passwords, and successfully sending and receiving transactions builds confidence. The mycelium wallet, with its clear interface and robust features, is designed to facilitate this journey. It provides the tools necessary to take control, demystifying the process and reinforcing the understanding that your financial security is not dependent on the solvency or policies of a corporation, but on your own competence and vigilance. This empowerment is a fundamental, albeit non-technical, benefit of using a non-custodial wallet.
