In a recent talk, BitcoinUniversity (npub1s33…252p) makes the case correctly that we should stop using the term “custodial,” as this is the language that helps the legacy system define self-custody or their term “unhosted” to suggest that owing your own property is somehow not normal or acceptable.
He goes on to say that we should simply call anything where we don’t hold our own keys an account, the same as a bank. But what should we call a “wallet” (also an inaccurate word) where we directly own the asset? I still haven’t found the best way to say it.
The: Daniel⚡️
npub1ae…q4nwx
2024-10-20 04:01:16
Author Public Key
npub1aeh2zw4elewy5682lxc6xnlqzjnxksq303gwu2npfaxd49vmde6qcq4nwxPublished at
2024-10-20 04:01:16Event JSON
{
"id": "95535792ecee03cc86b7874160a4141dd10ebeb4ec971fdc21d49fee4f03d698",
"pubkey": "ee6ea13ab9fe5c4a68eaf9b1a34fe014a66b40117c50ee2a614f4cda959b6e74",
"created_at": 1729396876,
"kind": 1,
"tags": [
[
"p",
"846307688a09ec112967eb0544e78a9e88c48f50712c39ed491ff2b6fa019ae8"
]
],
"content": "In a recent talk, nostr:npub1s33sw6y2p8kpz2t8avz5feu2n6yvfr6swykrnm2frletd7spnt5qew252p makes the case correctly that we should stop using the term “custodial,” as this is the language that helps the legacy system define self-custody or their term “unhosted” to suggest that owing your own property is somehow not normal or acceptable.\n\nHe goes on to say that we should simply call anything where we don’t hold our own keys an account, the same as a bank. But what should we call a “wallet” (also an inaccurate word) where we directly own the asset? I still haven’t found the best way to say it.",
"sig": "bf0803948f9da93afcb65988ab4cc58447883fdea6124e253e224ed54573c185f440e314e77f15b8952a1bd24c4e67d5d92b3b55561b16770d485c69e17ab10a"
}