NO CUSTODY. EVER. Max Kei explains Debifi’s multisig setup, why private keys matter for both borrower and lender, and why trust is harder to rebuild than privacy. He breaks down what’s coming: KYC vs non-KYC, institutions “reaching out,” the one principle he won’t compromise on: custody and much more.

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TIME STAMPS:

00:00 Introduction

01:12 Time to go deeper

02:44 Governments in a decentralized world

03:50 Money isn’t misunderstood… it’s manipulated

06:08 The underrated Bitcoin feature nobody talks about

07:28 The inevitable KYC vs non-KYC split

08:17 A surprising divide: SoV vs MoE

08:58 What is DebiFi, and why did you build it?

11:08 Private keys protecting both borrower and lender

12:21 The cleanest multisig metaphor you’ll ever hear

13:32 The nightmare scenario

18:20 Non-custodial vs custodial: the tradeoff everyone ignores

25:57 “They’re reaching out now.” What changed?

28:56 From bottom-up to top-down adoption

33:39 Privacy vs trust

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