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We are at the stage where Bitcoiners will rug themselves and those who they are onboarding to the custodial wallets ! Very sad that I have to deal and explain the basic principals of bitcoin and self custody to those who have been for a while in this space ! Also I stopped treating people a smart if they hold bitcoin !
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boston wine 2y ago

While the risks you mention are very real, I feel like onboarding is nuanced and context-dependent.

I started out with Bitcoin from Coinbase, but now it’s stamped in steel. Except for a few thousand sats on WoS and Alby for zapping, and a few in Phoenix for RoboSats bonds ⚡️😉

As long as you feel a sense of responsibility for the people you onboard (and live up to that responsibility), it’s not all bad.

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