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My impression in the past from some "Bitcoin purists" is that they parrot and repeat talking points they heard on a podcast but don't understand what it takes to run a business or the reality of social interactions. Ultimately they are after an exclusive social club with highly-disagreeble people like themselves .

How about just giving a few options ranging from custodial to non-custodial and let people decide and learn? Purists can fuck off back to their Rabbit Hole Recap Coldcard and conspiracy theories?

How about just giving a few options ranging from custodial to self-custodial and let people decide and learn?

And, where better to do that learning?

My expectation is that these wallets will mostly serve as temporary starter wallets and people will graduate to different setups as they learn more.

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I hope so, but even long term stackers now seem to prefer CoinOs for ease of use and reliability. Laziness is an important consideration

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I'm in the camp that there are legitimate uses of those services. I keep a sufficient custodial stash on SN to handle my business here.

That could be considered laziness or just a recognition of the tradeoff between risk and reliability. I doubt anyone will be storing life changing amounts of money in their SN accounts.

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126 sats \ 1 reply \ @siggy47 29 Aug

I can understand that point of view. I don't necessarily disagree, but then why say

these wallets will mostly serve as temporary starter wallets and people will graduate to different setups as they learn more.

In fact, what's the point of all these attached self custodial wallet options on SN?

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I'm not sure what options SN will end up having, so I'm anticipating the choices people will make. Sentiments towards Spark seem to be overwhelmingly negative and I'm guessing new Stackers will absorb those attitudes and move to different setups.

I didn't mean to imply that they'll all move to full self-custody, but rather that they'll adopt more sophisticated setups that include some mix of CCs and/or custodial wallets for small amounts and self-custody for larger.

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