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0 sats \ 1 reply \ @Gar 15 May 2022 \ on: Empowering parents to have present, tangible, and fun ways to talk to their kids about Bitcoin, help pattern their behavior through games and incentives. bitcoin

Interesting idea.

Questions:

  1. Why the card? Is target audience kids who don't have phones?
  2. 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 ("SatsCentives is a custodial wallet and all funds will be stored on our end until withdrawn from the account.")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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