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Same goes for CoinOS, no?
Is CoinOS also a custodial wallet that is scamming their users by claiming to be noncustodial?
Did you read their website? Where does it say "we are a custodial lightning wallet?"
The only mention I find is this:
You always have the option of taking custody of your funds by withdrawing instantly at any time.
It's not exactly a clear statement that sats on CoinOS are not yours. All the other language is about lightning an d bitcoin and "final settlement"
What's unclear about that statement?
When Coinos is offline, you cannot “always instantly withdraw.”
This statement is more clear:
Also, you are being a little duplicitous here: be honest with yourself and ask is a new user who goes to sign up at CoinOS's website going to think that sats they receive are their own sats and real Bitcoin? I think the answer is yes for most people.
If someone uses an SQL wallet, its because they don't care.
If someone uses Spark, it's because they were lied to.
There's no reason to use a fake L2 over an SQL wallet. Zero. That lack of functionality over SQL is why the fake L2's lie in the first place.
Exactly. By allowing Spark to lie about the properties of their platform, it makes it difficult for ACTUAL noncustodial wallets that use ACTUAL Lightning to compete against them. Users won't know to switch from Spark to Lightning because they were told by Spark that they are already using Lightning.