>You're giving up your Bitcoin to custodians for an IOU. Yes, we know this. Check below note: View quoted note → >The "Ecash is self-custodial" argument is a misdirection. When someone says "Ecash is self-custodial," they are not denying the statement "You're giving up your Bitcoin to custodians for an IOU." What they mean is that if you lose your ecash, it cannot be recovered. This ecash is the unique proof, and there is no account that can restore it.