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I agree. Although, I am curious why you listed the following under the powers of economic nodes:
Ability to sell fork coins on behalf of users without their permission.
Is the scenario you imagine that the custodian might sell a fork coin despite their users saying they want to hold that fork?
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102 sats \ 0 replies \ @moneyball 23h
Yes. It was certainly the case in 2017 and 2018 that numerous custodians did not offer many of the forked coins (Bitcoin Gold, Bitcoin Diamond, etc.) to their customers. Whether or not some of those exchange sold those forked coins and kept the profits...who knows but it wouldn't surprise me whatsoever.
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