Not pseudo self custody. Just IOU.

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It’s in the sense that you hold your own keys that are not identity based, but as I said in like 3 other comments, I agree, it is an IOU.

(X) Bitcoin pseudo self custody

(O) Bitcoin IOU self custody

Have a god day dude. If you actually care to learn about the trade offs and how I think about it I’ve covered it a bunch on Bitcoin Audible.

That tradeoffs will repeat the history. I don't want to see that.