Isn't self custodial clearer?
I've always been sketched out by definitions that try to define something by what it is NOT :)
self custodial 97.2%
non custodial2.8%
36 votes \ 2 days left
pull down to refresh
169 sats \ 0 replies \ @ZezzebbulTheMysterious 17h
“Non custodial” is a psyop. It uses the negative “non” to sound bad. It makes it sound like custodial is the norm and this is the bad version of it.
It’s meant to scare you off — that’s why legislation in EU loves to use this phrasing.
Do not use non-custodial as a phase. It is a tool of the state to discourage you to from holding your own coins and taking control (away from them) of your money.
reply
121 sats \ 1 reply \ @DarthCoin 19h
somebody will always have custody.
Custody is often used in regards of a property and how is controlled: self-cuastody or delegated custody.
non-custodial is confusing and also could mean that owned by nobody.
reply
0 sats \ 0 replies \ @sudonaka 5h
Exactly the point of legal government language- to say that unless “your” bitcoin is held by trusted safe and effective banks, it isn’t owned by anyone and can be seized.
reply
64 sats \ 4 replies \ @Fenix 16h
The better would be delegated custody.
reply
21 sats \ 3 replies \ @BitcoinHandsOn 15h
Yes. This is from the above post:
CURRENT TERMINOLOGY - BAD
Custodial - somebody else has custody of your wallet. "Not your keys, not your coins".
Non-Custodial - you have custody of your own wallet, i.e. self-custody
IMPROVED TERMINOLOGY - GOOD
Self Custody - you have custody of your bitcoin yourself
Delegated Custody - you have delegated custody of your bitcoin to someone else
The only problem..."delegated" has 4 syllables. Doesn't quite roll off the tongue.
Maybe "Entrusted" custody? "Assigned" custody?
reply
21 sats \ 0 replies \ @standardcrypto OP 12h
delegated is fine.
you coudl distinguish between fractional and full reserve delegated custody.
reply
0 sats \ 0 replies \ @sudonaka 5h
The media psyop mind control people invented “non-custodial” for a reason. It’s not something we plebs just started saying.
reply
0 sats \ 0 replies \ @Fenix 15h
I think it’s even better than non-custodial because delegated express the meaning of the custody by it self. Works in another languages too.
reply
0 sats \ 0 replies \ @SHA256man 13h
my language, my rules, my business, thru definitions based in natural sounds;
News-Speak traps the mind into producing random or wrong sounds with unclear consequences;
#1283918
reply
0 sats \ 0 replies \ @ealvar26 15h
Jah good point, self custodial seems way more accurate
reply
0 sats \ 0 replies \ @ek 16h
-- #395522
reply
0 sats \ 0 replies \ @siggy47 17h
Yes
reply