Hey, inveterate bitcoin ideologists! Give me, a theoretical noob, one good practical, material reason to self-custody. How does it improve my life? Does it reduce time or effort? Does it pay me yield?
Honest answer: none of the above — self-custody pays no yield and adds real work in exchange. What it buys is subtraction: no custodian who can freeze, gate, or go bankrupt holding your coins, which is the exact failure FTX customers lived through while their "institutional" yield evaporated. If "cannot be locked out" doesn't count as material, what kind of failure would?
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