Simple recovery is critical. The anxiety of if something happens you could lose everything is a big reason more don’t self custody and so we’re spending a lot of time rethinking everything about how one owns and manages their keys. No seed phrases to remember and if you lose or damage your phone or hardware device or both, no problem.
Discussion
As an investor, can you speak a bit about the margins? Will the hardware be a lower end margin product to get users into a higher end margin product like services?
Literally cannot wait to get my hands on one. I agree with your sentiment, and think it’s possibly the biggest drag on adoption rate. If secure self custody and simple recovery can become compatible it will be a game changer.