makeasnek on Nostr: I prefer "self-custody" instead of "non-custodial" as a term as it clearer, but ...
I prefer "self-custody" instead of "non-custodial" as a term as it clearer, but people seem to prefer non-custodial for some reason. The trick I use is that a *custodial* wallet has a *custodian*, which is somebody who holds onto your Bitcoin for you. Which means it's not your Bitcoin. A non-custodial wallet doesn't have a custodian. Easy peasy.
Published at
2024-07-09 07:44:48Event JSON
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"pubkey": "51910e567d6fa61d7e39298f93255acb20a7aa40b6148bcf847571eb8dbd2e36",
"created_at": 1720511088,
"kind": 1,
"tags": [
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"content": "I prefer \"self-custody\" instead of \"non-custodial\" as a term as it clearer, but people seem to prefer non-custodial for some reason. The trick I use is that a *custodial* wallet has a *custodian*, which is somebody who holds onto your Bitcoin for you. Which means it's not your Bitcoin. A non-custodial wallet doesn't have a custodian. Easy peasy.",
"sig": "7fa55c8d34e2b79221b579b5f12da980aade79c979055a709ecb8efa9d737424eaab79468802c9a92d6b6e2846b917374ec85f96b2e6fde2670736cb7106de80"
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