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I’m aware of them and prefer Breez. Newer people may not want to spend sats creating the initial channel.

Still for onboarding, WOS is simple. I think of it as training wheels on a bike and then taking them off as a person learns.

Custodial is a great way to onboard new people easily. People these days still forget their passwords and a private key or backing up channels is a lot more technical process.

Getting more people on board even with custodial accounts has benefits to the network, price, and use cases.

With that being said… Not your key, not your coins.

He is happy with the farm he purchased with Bitcoin. He should move on, and keep picking the wrong stock for people paying for his investment club.

I remember buying my first BTC in 2015 for $500 USD. At today’s price, 1m Sat would be basically $275 USD so a little more than half a BTC in 2015. Fast forward, that half would be basically $15,000 in USD today. Mind boggling!

If they are in the US, they would have to be to offer the product. “May not” is to vague of a term. Sounds more like a scare tactic.

finance.yahoo.com/news/federal-r…

Instant payment by the Federal Reserve. Breaking technology… wait this can easily be done via the Bitcoin lightning network. #breez , #breez tech #wallet of Satoshi, #lightning network