I tried breeze and it has a 2500 sat setup fee. Not a big deal but a big barrier for a newcomer who doesn’t understand anything.
With WoS you share your address just as you would share any link and you just get paid.
A minor but super important distinction imo.
All the invoicing language is confusing when all you want to do is share and see sats come in.
Does Mutiny change the game somehow ? I trhink the 10,000 fee for setting up an initial channel is gonna be kind of scary to some people.
My guess is people who know what self custody means don’t care if it’s 2500 or 10,000.
For people who don’t know what any of this means they probably won’t use either app.
Yeah that's a good point . It boils my blood when you hear people complaining that managing a list of 12 words is too much to ask in exchange for self custodying a virtually limitless amount of wealth and preserving it through time visa vi the immutable laws of the universe .
I wonder who wipes their ass in the morning .
They don’t see it that way. To them it’s just this stupid new thing someone is begging them to try and it’s a pain in the ass so quit.
Let the wolves of fiat have them then .
They don’t see that as a problem …
What is the issue here?
Why is custodial so bad for small amounts?
Start small, good UX
Real money progress to 12 words + whatever else you deem necessary
You won’t onboard people with technical nightmares. It won’t happen and frankly in 14 years it hasn’t happened
Buy why should I onboard someone to a custodial solution. Then use PayPal it’s the same.
With WoS you are not really using Bitcoin you have IOYs again WoS that is my whole point.
2500sats is less than a dollar. If you are not willing to invest this amount then your time to understand Bitcoin has simply not now
IOU or not it exposes people to sats.
You can dislike it all you want but that doesn’t change how people perceive things.
We have to meet them at their comfort level not they on ours unless they absolutely need it.
This is exactly correct. “We have to meet them at their comfort level”
Make it easy and fun
The problem I have with the immediate self custody insistence is that it contains an assumption that people treat $10 in the same way they treat $10million
Self evidently they do not
Onboard > enjoy > educate
Onboard > enjoy > education
That’s exactly what the meme is about.
Sending someone sats to WoS is not “orange pilling”
You do you. But I prefer to get people excited with the least amount of work and open the door so that they can start their bitcoin journey.
Did you and nostr:npub1rjwumr7j6tac08t0qttvc44walt549nc4eyyxjc0phn6yxzj7uzq0accc9 both buy your first sats directly into a multi-sig coldcard? If so, cool. But I’ll bet not.
Starting with custodial also means that you are teeing up the custodial vs self custodial conversation for the future in a way that has personal meaning rather than being theoretical.
I agree with you that self custodial is obviously “the way” and where we want everyone to end up. We only disagree on the most effective way to get them there.
Yeah man that's rational.
💯
This. 💯
Fortunately there are no Bitcoiner group rules, and no authority to enforce them.
People can use whatever wallet they like, and nobody can say they are wrong.
If anyone uses WoS more than once and SENDS sats, I consider that a huge win. Don’t care about custody, no custody… it’s a foot in the door and it’s only the first step. It’s not like they’re going to stop there and only use the one thing…
