I don’t think there’s anything wrong with custodial wallets as long as you’re only keeping the money you’re willing to lose. Obviously don’t use as a savings mechanism but spending cash is fine.
Custodial provides better UX, easy to use. If someone cares that much about their privacy, there is a product for them if they wish to put in a little extra work.
Amen ⚡️
product AKA cashu
Couldn’t agree more. Opt-In custody + educating about risks and alternatives 💪
Agreed.
Think about WoS as a tipping jar standing next to the cash register in the coffee house.
Keep in there only small amounts.
💯🙏
That's another reason why we need automatic funds forwarding above a certain threshold
It’s a nice convenience for sure but it’s not so difficult to send funds manually. I would like that though.
Imagine running lightning node with 20+ wallets for friends and family , I don't want too much custodial risk so I give them an on chain wallet as a savings account which automatically receives the excess bitcoin above a certain threshold using a submarine swap (ideally only when fees are low etc)
