I think the delineation here is are you using a nameless, faceless custody solution or someone you know and trust. Whether you do the custody or you have someone custody for you, knowing where someone sleeps keeps people honest.
Discussion
I agree. Wallet of Satoshi is a fine option for sats for zapping or small purchases. I would not recommend it for storing generational wealth. WoS is a good tool for onboarding newbs even tho it’s suboptimal in terms of transparency. 🤝