A duty to act prudently and loyally for beneficiaries, following mandate, process and conflict controls.
Fiduciary duty is best understood as part of a system rather than as an isolated definition. Its related coordinates show the mechanisms, incentives and historical records that give the term practical meaning.
Fiduciary duty belongs to the documented history and social layer around Bitcoin. Primary records can establish what was published, built or decided; motives, influence and later interpretation should remain separate from those verifiable facts.
Understanding Fiduciary duty helps distinguish a verifiable Bitcoin mechanism or historical record from slogans, products and market narratives.
For the clearest picture, read this entry together with Pension-fund Bitcoin allocation, Institutional Bitcoin allocation, Qualified custodian. The reverse links also lead from Pension-fund Bitcoin allocation, Institutional Bitcoin allocation.
Linked to related atlas coordinates
Grounded in a source record
Explains function and trade-offs
Part of the open Bitcoin knowledge graph