Banker: Congratulations Mr. Smith, after reviewing  your "crypto" asset holdings we have pre-qualified you for 2% home loan below the market rate.  we will send you an address where you can deposit your assets to be held by our trusted FDIC insured custodian.

Mr. Smith:  "When our loan is repaid can I withdraw my utxos?"

Banker: Yes  Mr. Smith out terms of will allow you to receive your bitcoin at the end of the loan term to your personal account with our custodian.

Mr Smith: What about to my own wallet?

Banker: Sorry, our loan terms prohibit that but don't worry our custodian is insured by Loyd's of London and will allow you to access future credit lines.

Mr. Smith: 😕

byzantine

bitcoin

When will the US attack self custody

Let's see when they start trying to redefine terms. 

Instead of "self-custody", they'll start saying "unhosted". 

