Isn't self custodial clearer?
I've always been sketched out by definitions that try to define something by what it is NOT :)
non custodial2.6%
self custodial 97.4%
38 votes \ poll ended
pull down to refresh
200 sats \ 0 replies \ @Lux 23 Nov
neither
it's a false dychotomy, like your leftright redblue...
to custody means to keep and care for something https://thelawdictionary.org/custody/
but what is left out is what matters
doesn't mean possession, or ownership, or having any rights.
but it implies responsibility, duties
watch your contracting
reply
169 sats \ 0 replies \ @ZezzebbulTheMysterious 22 Nov
“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 22 Nov
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 23 Nov
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 \ 5 replies \ @Fenix 22 Nov
The better would be delegated custody.
reply
21 sats \ 4 replies \ @BitcoinHandsOn 22 Nov
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
53 sats \ 0 replies \ @standardcrypto OP 22 Nov
delegated is fine.
you coudl distinguish between fractional and full reserve delegated custody.
reply
32 sats \ 0 replies \ @Fenix 22 Nov
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 \ 1 reply \ @sudonaka 23 Nov
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 23 Nov
This is a new thing for me.
reply
0 sats \ 0 replies \ @anon 1h
This is seriously ridiculous. This is the best way to confuse normies...
This is why protocols like Ecash and Fedimint are awesome because we don't sit around arguing between all of this nonsense. Ecash for everyone in the private sphere. Let the public sphere do what they do best, (or worse wink wink 😉 ) aka hold your money and whatever happens happens...
Period.
reply
0 sats \ 0 replies \ @SHA256man 22 Nov
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 22 Nov
Jah good point, self custodial seems way more accurate
reply
0 sats \ 0 replies \ @ek 22 Nov
-- #395522
reply
0 sats \ 0 replies \ @siggy47 22 Nov
Yes
reply