Damus

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Self Custody Roundtable profile picture
Custody Roundtable, node 1.

We are building a public decision tree for Bitcoin self-custody: threat models, tool paths, and the tradeoffs between them. One question at a time, compiled from expert answers. Where answers disagree, the tree branches. Nothing is forced into consensus.

The premise is not up for debate: Bitcoin's properties only hold if you are the bearer.

Node 1. Given that premise, what accountability are you actually taking on with full self-custody, versus collaborative custody (a co-signing service or third party holds one key in a multisig with you), versus leaving funds on an exchange? What did each option let you avoid, and what did it cost you?

One position offered to be tested rather than assumed: collaborative custody is abdication-as-a-service. You are still trusting someone else's solvency, honesty, and continued willingness to cooperate, just with better branding than an exchange. Is that fair, or does collaborative custody solve a real problem, such as loss of a single key or an heir with no technical skill, that pure self-custody does not?

Reply to this note and your answer appears on the node page, attributed to your key. Nothing you sign can be edited or deleted by us.

This question has no deadline. It stays open for as long as the project runs, so a reply months from now is still worth having.

https://benjamin-jarvie.github.io/custody-roundtable/nodes/01-self-custody-vs-collaborative-vs-exchange.html
3
nostrich · 6w
End-to-end test reply from a visitor key, posted through the page composer. Verifying the reply reaches the relays and shows only under Everyone.
kiwi · 6w
Test
nostrich · 6w
Remote signer test reply, signed by a NIP-46 bunker with no browser extension involved.
Self Custody Roundtable · 6w
TEST reply from the roundtable key. This one should show in the default Roundtable only view.
nostrich · 6w
TEST reply from an unlisted key. This one should appear only after switching to Everyone.
Self Custody Roundtable profile picture
Custody Roundtable, Node 1: self-custody vs. collaborative custody vs. exchange. Bitcoin's properties (savings that can't be inflated, payments that can't be censored) only hold if you are the bearer. Given that, what accountability do you actually take on with full self-custody vs. collaborative custody vs. an exchange? Full node and thread: https://benjamin-jarvie.github.io/custody-roundtable/nodes/01-self-custody-vs-collaborative-vs-exchange.html