Why is everyone using WoS for onboarding there are so many better options out now!
Orange pilling my waitress at #nostrville … y’all know what to do.
lyingbritish34@walletofsatoshi.com 
Discussion
Which one do you prefer?
Have used Phoenix now for some time and the latest update from them was pretty solid, however I heard good things about Mutiny since its also a PW app which is pretty cool but haven’t used it yet but both are.
I guess for Mutiny you will have to create a bookmark :-) it’s a thin line onboarding a new person.
I am using Phoenix as well. It is a good choice to get into self custody smoothly & quickly.
However, I have also learned that many people struggle with the concept of writing down a seed phrase.
For new comers (that don’t even use password managers), this concept is pretty alien.
Now, I mentioned password managers but not to tell them to store their seed phrases in password managers. That’s not a good thing to do.
I mentioned password managers to highlight the fact that most people are still pretty bad in managing their passwords even in 2023.
So, I kind of get why many resort to WoS because it is very easy to get into BTC.
People are used to having everything managed for them and it being able to recover somehow (I.e. customer support etc.).
IMHO, you‘ll scare these kind of people away (or lead them to failure and fuck up because they lost their seed phrase that was written down on paper).
For these people, I can see why WoS is a good start. Then from there, level up.
Fair point I guess depends on the circumstances you’re onboarding a new person and how much time you can spend explaining the new world to them.
Nobody ever said it’s going to be easy to be your own bank 😀
Yep, I think so too.
> Nobody ever said it’s going to be easy to be your own bank
No, but at the same time it was never easier! 😃
It’s amazing how many cool new products and services are announced and available to take matters into your own hands.
So, I definitely see your point as well when you criticize suggesting WoS for all newbie’s.
I‘m hopeful for the future of Bitcoin. Onboarding new people will only become easier over time.
And perhaps one day, even multi-sig will be so easy that it will be the default. Who knows 😄
I don’t use wallet of Satoshi unless I’m in this situation. If I only have 2 minutes to orange pill someone, the fastest and most reliable way to do it is still a custodial wallet. This will change, but we’re not quite there yet IMHO.
The way I justify using WoS is that when I pay them, I show them a few of the different wallets you can use. I actually paid her from my Breez wallet and said “Some wallets are better than others. It’s like the internet. You can access the same webpage from Chrome, Safari, Firefox, etc. WoS is a good beginner wallet but as you learn more you’ll find better options”.
Next time one of you tries to send her sats, you can pick up the conversation where I left off!
Transaction completed ✔️