Replying to Avatar no₿ody™ 🧱

Is it good idea to help friends/family take sats off exchanges with a self-custodial hot wallet like Bluewallet before they get a hardware device?

I personally think it’s far better than holding paper bitcoin. Just need to be careful and make sure they aren’t completely retarded about their phone security and whatnot, and make it clear that this is a stepping stone to cold storage as opposed to a long-term solution
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The Fishcake (nostr.build) 2y ago

Why not Muun? Seems to be easy and you hold the keys! It’s submarine swap and on chain! 🐶🐾🫡

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no₿ody™ 🧱 2y ago

I prefer bluewallet. Muun is cool for certain uses but its recovery system is weird af and tbh i am not sure i’d even do it right if i had to. Seed phrases are simple and with BW you can create your own entropy. I also fear Muun disincentivizes learning about how Bitcoin works bc it’s so easy with both “lightning” and on-chain but under the hood it’s much more complicated than normal (with no UTXO control)

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The Fishcake (nostr.build) 2y ago

Good point. If the purpose is to learn then BlueWallet is a really good option. 🐶🐾🫡

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Stefan 2y ago

I love Muun and it’s ease of use…