A 2of3 multi sig would be an example. No one has self custody but it’s still non-custodial

The difference is the case where no one can spend at all :)

(Not disagreeing, I also don't really get what is Ben's point there.)

How is "only X can spend" different from "every non-X cannot spend"?

nullcount

Thank you I was always wondering what the difference is but that actually makes sense now!

calle

There’s a difference between self custodial and non custodial. Self custodial is only I can spend my funds, non custodial being no one else can spend my funds.

ecash

Fedimint is Self-Custodial

TonyGiorgio

There’s a difference between self custodial and non custodial. Self custodial is only I can spend my funds, non custodial being no one else can spend my funds. 