Sovereignty refers to the control and ownership of assets, identity, and data by individuals, without the need for permission from any company, government, or authority. In the context of digital currencies, sovereignty is a critical consideration, as it empowers individuals to take control of their wealth and protect it from the threat of dictatorship or censorship.

Bitcoin, as a decentralized and censorship-resistant digital currency, provides individuals with a level of sovereignty that is not possible with traditional financial systems. It requires no permission from any company, government, or authority and operates independently of any central authority or gatekeepers. This means that individuals are in complete control of their assets, identity, and data, without the need for any third-party intermediaries.

However, with this increased level of control and ownership comes a greater level of responsibility. Individuals who use digital currencies must take steps to secure their assets and protect their identities and data. This often means taking responsibility for the safekeeping of their private keys, which are used to access and control their digital assets.