Respectfully, the claim that we 'only exist to get users to join premium bullshit services' is the opposite of reality.

Since day one, we have been pouring huge resources into building and maintaining a professional-grade Bitcoin wallet and offer it for free. We led the way with standards like BIP129, advanced coin control and were first with features like encrypted group wallet and Taproot/MuSig2 support. We do this because we believe that if the majority of Bitcoin is not in self-custody, the project will fail. In fact, the vast majority of our users are free users, and we dedicate about 80% of our development efforts each year to free features.

Calling our premium services 'bullshit' is a mischaracterization. They solve critical, high-stakes problems for people who need them, and the revenue from those services is precisely what allows us to keep the core wallet free, private, and independent.

The alternative is VC funding, ads, or tracking users. We're committed to building a sustainable business on a Bitcoin standard, and we believe our model is the right one for our users and for Bitcoin itself.