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112 sats \ 7 replies \ @flat24 13 Jun \ on: Stacker Saloon
"Custodial= Someone else owns your Money" 💭
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0 sats \ 4 replies \ @Scoresby 13 Jun
What's the word for owning your own money?
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129 sats \ 3 replies \ @DarthCoin 13 Jun
you need 12 words to describe that word :)
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17 sats \ 0 replies \ @flat24 14 Jun
I would say that 13 words 🤠
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24 sats \ 0 replies \ @0xbitcoiner 13 Jun
24
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12 sats \ 0 replies \ @Scoresby 13 Jun
well said!
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0 sats \ 1 reply \ @LibertasBR 13 Jun
Delegated custody
I’ll take the opportunity to spread this good term someone shared.
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0 sats \ 0 replies \ @flat24 14 Jun
good thought 💭 that you describe in that publication.
Personally it confused me at the beginning, like many things when I just learned about Bitcoin.
But today I see it super clear. 👀
Custodial = is in the hands of third parties. Non-Custodial = There is no Risk of counterpart.
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