Bitkey is good

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No it is not. #seedless is just “trust me bro”.

“Ordinary folks don’t want sole responsibility”

“Seedless requires trust”

Either you have a level of trust in others, or you have sole responsibility.

Trust in friends and family while being able to unilaterally exit easily is better than not knowing those things and just trusting a company.

Good points though but I think the approach is where I beg to differ.