# Self custody

`kaal:entity:self-custody`

**Status.** derived

This node is assembled mechanically from the 6 claims that carry the concept tag `self-custody`. It is a roster of what the corpus says under this term. It is **not** an adjudicated definition: no single statement here has been ruled canonical, and no first-appearance call has been made. Read the claims and judge for yourself.

## Every claim under this term

6 claims across 3 works, 2021 to 2024.

**2021**

- [3808873-041](https://wulfkaal.github.io/claims/3808873-041) [condition/argued] *(failure mode)* -- Usability is the most important decentralized infrastructure requirement: without intuitive graphic user interfaces, decentralized systems may not reach mainstream consumer adoption, because requiring users to manage public and private keys and their own security makes sufficient public education very difficult.
  > Without graphic user interfaces that are intuitive, decentralized systems may not be able to reach mainstream consumer adoption.
  Wulf A. Kaal, Decentralization Neutralizers (2021). SSRN: https://ssrn.com/abstract=3808873
- [3936876-002](https://wulfkaal.github.io/claims/3936876-002) [mechanism/asserted] -- The more digital assets are held by their owners in self-custody, the less likely intermediation by custody service providers becomes, so self-custody is the key driver of decentralization in emerging blockchain networks.
  > In other words, the more digital assets are held by their owners in self-custody, the less likely intermediation of custody service providers becomes.
  Wulf A. Kaal, Hayley Howe, Custody of Digital Assets (2021). SSRN: https://ssrn.com/abstract=3936876
- [3936876-006](https://wulfkaal.github.io/claims/3936876-006) [mechanism/asserted] -- Self-custody of securities declined in prevalence after the Stock Market Crash of 1929 because investors recognized how inherently risky the bearer certificate system was.
  > Self-custody decreased in prevalence after the Stock Market Crash of 1929 when investors recognized how inherently risky this system was.
  Wulf A. Kaal, Hayley Howe, Custody of Digital Assets (2021). SSRN: https://ssrn.com/abstract=3936876
- [3936876-018](https://wulfkaal.github.io/claims/3936876-018) [predictive/speculative] -- The unprecedented growth rate of decentralized exchanges may be an early indicator of increasing reliance on decentralized self-custody by retail users, but mainstream institutional adoption of digital assets is unlikely to materialize through self-custody and DEXs.
  > If anything, the DEX growth rate may be an early indicator of increasing decentralized self-custody reliance by digital asset retail users. Mainstream institutional investor adoption of digital assets, in turn, may not materialize via self-custody and DEXs.
  Wulf A. Kaal, Hayley Howe, Custody of Digital Assets (2021). SSRN: https://ssrn.com/abstract=3936876
- [3936876-041](https://wulfkaal.github.io/claims/3936876-041) [condition/argued] -- Taking the realities of decentralization and decentralized self-custody seriously would require investment advisers to provide digital asset investment advice for a fee without ever taking custody of the assets.
  > The realities of decentralization and decentralized self-custody would require investment advisers to simply provide digital asset investment advice via fee without taking custody of digital assets.
  Wulf A. Kaal, Hayley Howe, Custody of Digital Assets (2021). SSRN: https://ssrn.com/abstract=3936876

**2024**

- [4900878-038](https://wulfkaal.github.io/claims/4900878-038) [mechanism/asserted] -- Guaranteeing users full ownership and control over their digital assets protects them from asset confiscation and from loss of purchasing power through currency devaluation, which matters most to individuals in regions with unstable financial systems.
  > By ensuring full ownership and control over digital assets, the VOW ecosystem protects users from asset confiscation and loss of purchasing power due to currency devaluation.
  Wulf A. Kaal, Quantum Economy and Tokenomics (2024). SSRN: https://ssrn.com/abstract=4900878

## Verify

Every claim above resolves to a record carrying a verbatim source quote, the sha256 of the source PDF, and a preformatted citation. Nothing here asks to be taken on trust.

    curl -s https://wulfkaal.github.io/entities/self-custody.md | sha256sum

**Canonical form.** This markdown file is the canonical hashed representation of this entity node. Its sha256 is the content hash.