This.

Third party MPC & key management solutions are custodial. 

Most of the PWA based dapps are custodial. We’ll see the results when government realizes.

Agree, but important context: this is for *server-side enclaves* like SGX.

If a wallet service can recover your wallet for you with just web2 auth, that is 100% custodial, no matter how their servers are configured.

The Secure Enclave in your phone is self-custody. Your phone, your keys, your coins!

Real World Ethereum 🌎 
building /daimo ✳️ 

i think this is misleading. if they're storing an encrypted copy and can't decrypt on their own then it's not custody. this applies both logically and legally. there was a court case in california years ago that ruled this way too.