No other way to scale it at this point
Discussion
Yeah I don’t think it’s all that important if bitcoin scales to the entire world, as in a universal monetary unit. It’s obvious Bitcoin wasn’t designed with that particular/granular end in mind. If any individual does not object to the tradeoffs, great, use whatever custodial option you want.
I think people just need to be aware of the tradeoffs. There is always a risk that you’ll lose the wallet in your pocket or get it stolen. That’s why you don’t carry your life savings there. I treat custodial wallets the same way. As long as you keep the large stack in self custody, I think that’s a reasonable tradeoff.