Episode 40 - Custodial vs. Non-Custodial Solutions : Choosing Your Security Model
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Episode 40: - Custodial vs. Non-Custodial Solutions : Choosing Your Security Model.
Welcome back to The Bitcoin Whisperer. I’m your host, Stephen Whitelaw and today we’re diving into one of the most important decisions any Bitcoiner will ever make: how to store and secure your Bitcoin.
Owning Bitcoin is fundamentally different from owning assets in the traditional financial system. When you hold Bitcoin, you can either trust a third party to hold it for you—or you can take full responsibility yourself.
These two approaches are known as custodial and non-custodial solutions.Each has advantages, risks, and trade-offs depending on your knowledge, comfort level, and security needs.
In this episode, we’ll break down both models so you can understand which approach or combination of approach might be right for you.