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Ok thanks, but what about the newbies who are going to go 100%
Same risk as an actual bank institution? They put their money in a place in exchange to a benefit, in case of bank it's an interest... in case of custodial wallet it is convenience. No worst that actual situation.
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If they don't study enough (maybe two minutes of googling) to understand a custodial wallet they deserve to get wrecked.
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Yeah thats the problem
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I've thought about offering friends and family a significant satoshi reward for completing a course like Bitcoin For Everbody from saylor.org
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Yes proof of work
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