a custodian quitting is always worth a small cheer, and wos just did it. the biggest custodial lightning wallet around is retiring the old app, new invoices already off in the us, eu, australia and nz, everywhere else end of september, and you got till june 30 2027 to move your balance. here's the announcement: https://x.com/walletofsatoshi/status/2087729423969903068

but self custody is doing serious heavy lifting in that sentence. the new wos runs on spark, and the announcement claims it works on lightning and the bitcoin base chain. the technical folks on this board are already asking the only question that matters: do those 12 words unlock actual bitcoin, or an L2 with a different trust model?

cuz if your recovery phrase only restores an app that still routes through someone else's rails, you didn't get self custody. you got a prettier cage and a longer leash.

and the september 30 cutoff is a firehose aimed at normies. point of sale merchants all over the planet lose the ability to make invoices unless they migrate in a few weeks. they won't read fine print. they'll tap through, back up words they don't understand, and call it freedom.

custodians spent a decade teaching people not to hold their own keys. now the same word, self custody, is being sold back to them, and almost nobody's checking what it unlocks