I’m 100% ok with custodial lightning for new users and small amounts as long as there is a way to send it to your custodial onchain wallet eventually. This idea that people are going to run bitcoin and lightning nodes from day 1 is completely insane, until I have breeze sdk integrated in damus of course.
Discussion
I'm also ok with people doing whatever they want, it's just disappointing to see all the WoS worshiping with zappening events, etc.
Do you think most on-boarded users are aware that the wallet is custodial and of the tradeoffs? Or do you think they just think it's still bitcoin just with a lot of ⚡⚡⚡?
Something that is "just temporary/for small amounts" just for convenience's sake, eventually turns into The Standard one it hits a critical mass. It happened before with email and with the web.
Valid points on both sides. New users will be choosing custodial options on their own just because they are quick and available. So whether they find it or we point them at it, we need to educate them to know the difference.
Can you recommend one or more relatively straight-forward self-custodial options currently?
WoS, although not the ideal long-term solution, just works now. No big deal. Just don’t have a ton of data on it. No denying it’s the perfect example of the on-boarding experience we need to get to for non-custodial solutions.