good question, because 👀
  1. I'm using a third-party hosting - voltage
You are not an admin on this server. While you are able to import or generate a wallet via seed with your account, please understand that you are trusting the server admins not just with your privacy but also with trivial access to your funds.
I could have used my Umbrel node for it, but it is too much hassle, and I'm traveling around sometimes and can't make sure my node is online 24/7.
  1. The built-in wallet is hot wallet by default, but by using an external wallet, I can easily set up a cold wallet myself or change it anytime when I feel like it.
  2. Diversification - I try to avoid depending on the same service too much; if something goes wrong, then it would be easier for me to identify the problem; In this case, I could tell there was something wrong with my external wallet.
33 sats \ 1 reply \ @go 1 Feb
Thank you. I'm setting a website up and was wrestling through your post(s) and appreciate the time you've taken to broadcast your process
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glad to be helpful - for me it's also learning more by sharing:)
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