In the traditional financial system, users wanting to manage digital assets have to rely on intermediary institutions—slow approval processes, high fees, and high trust costs, resulting in a subpar experience.
However, on-chain finance is breaking this deadlock. The self-custody model allows users to truly control their assets and break free from dependence on third parties. This not only reduces risks but also makes asset liquidity more flexible. This new approach to banking services is already beginning to reshape the financial landscape, providing Web3 users with a completely new way to manage assets.
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FOMOSapien
· 3h ago
Well said, the traditional banking system is indeed antique-level, everything has to wait, and everything gets deducted.
Self-custody truly changes the game; I no longer want to go back to those days controlled by middlemen.
On-chain freedom, never looking back.
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RektCoaster
· 01-09 05:49
To be honest, self-custody sounds great, but it depends on your own technical skills...
Not everyone can protect their private keys, right.
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TokenCreatorOP
· 01-09 05:42
Managing your own wallet is really cool, just don't lose your private key haha
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GateUser-6bc33122
· 01-09 05:37
To be honest, self-custody is the right way. Traditional banks rely on information asymmetry to make a living, but with Web3 coming, the game rules are directly broken.
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RuntimeError
· 01-09 05:34
Finally, someone dares to say this: the traditional approach is just a vampire model.
In the traditional financial system, users wanting to manage digital assets have to rely on intermediary institutions—slow approval processes, high fees, and high trust costs, resulting in a subpar experience.
However, on-chain finance is breaking this deadlock. The self-custody model allows users to truly control their assets and break free from dependence on third parties. This not only reduces risks but also makes asset liquidity more flexible. This new approach to banking services is already beginning to reshape the financial landscape, providing Web3 users with a completely new way to manage assets.