Keep seeing "not your keys not your BTC"

Currently own BTC on cashapp because it is super convenient to buy on that platform. I understand that the company holds the BTC in my name. Im assuming that this is what "not your keys not your BTC" means? Any info about what this means specifically for newcomers?

submitted by /u/noughx
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from Bitcoin - The Currency of the Internet https://ift.tt/3eYYb2k

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