1 sat \ 0 replies \ @TheBTCManual 20 Sep 2023 \ parent \ on: Lost $1000+ worth of BTC - not your key, not your wallet, true as hell bitcoin
Its just a term for the type of software wallet where the keys are held on the device like your phone or laptop, if the developers stop providing support for it you should still be able to use the last version, but you are free to move to any other software wallet as long as you have your 12 or 24 seed phrase, you are not tied to any single service/software