Erosion of the Meaning of Custody
Introduction The loose use of the term custody is, in my opinion, very dangerous. If you strongly value the freedom Bitcoin provides, you should fight to preserve its meaning. Broadening its definition risks inviting regulations that could eventually ban non-custodial solutions.
We’ve seen this pattern before: first, a law targeting terrorists, then a gradual expansion of the definition until, one day, someone saying something offensive online is labeled a terrorist under the new terms.
7 minutes to read