I would say in general bitcoiners spend far, far, far, far too much time on self-custody. Yes it's important.
IF and only IF your stack exceeds something like 3x monthly expenses.
Until then, buy a little, check out Bitrefill, watch Saylor videos on YouTube (yeah, the same Saylor that doesn't self-custody himself).
My cold storage is savings/retirement/inheritance funds.
I use Phoenix for larger lightning balances.
WoS and Alby for zaps. âš¡
I use edge wallet as the hot on chain wallet on my phone even though it supports dozens of shitcoins that I don't care about. It has an acceptable security model to use as a checking account as long as you use a strong passphrase to encrypt your key file. It also supports Monero for when I don't want to broadcast to the world who I'm doing business with.
"the main benefits are lost if a trusted third party is still required..."
The main thing that makes Bitcoin special is not needing to trust a third party. If you are asking permission and don't have custody over your funds - What is the point? Why not use Paypal or another similar payment method? Much more convenient at least.
So your saying keeping .25 btc on wos is totally safe?
