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0 sats \ 5 replies \ @DarthCoin 14h \ on: Scott here co-founder of Block Rewards and I wrote The Dao of Bitcoin AMA! AMA
Is Block rewards focused only on companies to use these services for their employees? I mean only companies can join? What about a freelancer?
our primary focus is on employers at this time
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OK so the employee could receive every cycle into their own BTC wallet, be onchain or LN, it means the BTC are not kept in Block reward custody or employer custody, right ?
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Our product is custodial, through a qualified third party custodian. On-chain. Withdrawal to self-custody is simple and there are no charges beyond the tx fee. We are really building products we want entire employee groups to be able to use, not just bitcoiners, so we've gone this route for maximum inclusion
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Yeah is ok to start with some level of custody for new users that are still not prepared yet for a full withdrawal into self-custody. I suppose you will train them with more material.
Self-custody is a serious thing and not all newbies are ready for that step from day 1.
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absolutely - education is a core part of how we roll out our service
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