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 Could it be that all the obsession with self-custody comes not from the fact that every single satoshi used in the world must be self-custodied, but because regulators will punish whoever operates a custodian that doesn't suck? 
 I don't like pussies, especially in Bitcoinlandia.

https://i.postimg.cc/PJ4XgMrP/bitcoiners-money-transmitter.jpg 
 aren't you a pussy for using custodial coins? not your keys...  
 Mastering LN wallets also means to use them as a decoy...
But padawans cannot imagine this power. They are blinded by influencers. 
 The aspect of self custody that everyone is overlooking is the ability to directly bid on blockspace without a trusted 3rd party. The ability for users to directly bid on #Bitcoin blockspace is critical to the security model. 
Trusted 3rd party introduce onchain censorship and self custody is what secures the network. 
Therefore giving users a chance to bid on bitcoin blockspace w/out financial institutional control. 
 No. it's because if you hold your sats with a custodian it will get seized!!