I can at least understand noobs finding it scary and not wanting to do it at first, not ideal but got to meet people where they are. But we always just push for interoperability standards and not proprietary recovery methods.
Discussion
Screenshot of Hugo of Nunchuk with the best take so far
Is there any standard better than send a Bitcoin transaction? because is this that nostr:npub1tkey6tcfk0jf2ageje7xvqnnph4443h4pc4aqesuqjeywyke073qfmwral allows. You always have 2 of 3 keys.
Hugo of Nunchuk gave the best explanation of this, it’s not that simple. It’s a nonstandard two of three where the exit is tenuous and non standard and is wholly dependent on proprietary Block maintained software.
See this:
This is the biggest issue with bitkey for me. I'm too paranoid to use a non-interoperable method of storing my life savings. Is the likelihood of even needing to use this recovery low? Yes. Is it fine for most people? Probably. But not for cypherpunks.