Decker on Nostr: In my opinion "self custody" (hold your own keys) is the preferred terminology. But ...

In my opinion "self custody" (hold your own keys) is the preferred terminology. But yes, "self custody" == "non-custodial."

The only reason the term "non-custodial" exists at all is because in the traditional financial world a custodian typically refers to a third party holding custody of an asset on your behalf. So in that sense, custodial bitcoin or custodial wallets are bitcoin and wallets not under your control.

So yes you want to be your own custodian, of course. Every time you hear the term "custodian" what is typically meant is "third party custody."