So many people I know and see on social media are now first introduced to bitcoin via wallet of satoshi or similar user friendly custodial ln wallet.
The problem with custodial wallets is that it requires trust. Something like 90% of lightning users are using Wallet of satoshi.
The state could easy shutdown WoS overnight or take it down from the app stores or rug users. Users are very vulnerable to theft as result.
The problem with custodial wallets is that it requires trust. Something like 90% of lightning users are using Wallet of satoshi.
The state could easy shutdown WoS overnight or take it down from the app stores or rug users. Users are very vulnerable to theft as result.