0 sats \ 1 reply \ @Gar 15 May 2022
Interesting idea.
Questions:
- Why the card? Is target audience kids who don't have phones?
- Why custodial? ("SatsCentives is a custodial wallet and all funds will be stored on our end until withdrawn from the account.")
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1 sat \ 0 replies \ @DarthCoin 15 May 2022
No need for obsession with "anti-custodial".
Custodial wallets in a certain amount level are just OK.
This is just a game, to incentive and help kids to get into Bitcoin, is NOT their life savings.
People should start thinking like a bank and use the 3 levels of stashing BTC:
- HODL = most of your savings, not moving them, only in special occasions when is really need it
- Cache = where you manage all your inbound and outbound, organizing by category, coin control, coinjoin, node etc
- Spending = mobile LN wallets, custodials with small amount, just enough to spend quick.
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