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What's unclear about that statement?

228 sats \ 2 replies \ @ek 28 Aug

When Coinos is offline, you cannot “always instantly withdraw.”

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More importantly, one must hope the hacks don't drain more than the "wagmi fund" can afford to pay out.

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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.

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447 sats \ 1 reply \ @optimism 28 Aug

The SN-side disclaimer is not dishonest like the ones that we've seen the past year. This is good. I don't know if it is good enough - but on it's own that's the kind of transparency needed.

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Exactly.

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126 sats \ 8 replies \ @justin_shocknet 28 Aug -210 sats

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.