Replying to Avatar Rizful.com (zap tester)

Unfortunately this "self-custodial" term is being widely abused by the biggest VC-funded companies, who used to be Lightning-native, and are now focused on private, proprietary networks, usually sitting behind fragile APIs run only by one or two companies. I understand there is money to be made, but it's not cool.
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Roy 4mo ago

Again with the FUDing. Self-custodial is a regulatory term. If you hold your keys to the asset, the wallet is self-custodial, no matter ls what the asset is BTC, USDT or L-BTC. Now, the question is how protected the asset itself. With BTC, if you have a way to unilaterally exit to mainnet (which Liquid doesn't, but Spark for example does), you have control over your funds.

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