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10 sats \ 1 reply \ @P2P_bitcoin 19 Dec 2022 \ on: Unpopular opinion: stop recommending custodial solutions to newcomers! bitcoin
For store of value type solutions, that makes more sense.
But there are use cases where the convenience and utility of a custodial solution are positives that can outweigh the negatives. With RoboSats, for instance, which uses hold invoices for bond payments, ... an LN wallet that is among the best in handling those is the custodial Wallet Of Satoshi.
And that's even nuanced. Is FixedFloat, for example, a custodial solution? Or Peach (P2P trading platform)? Technically, they both hodl your bitcoin -- even if for a minute amount of time.
Of course hodling is the issue, why recommend SN for hodling for example? even 10$? its a bad idea right? then why people keep recommending or promoting wallet of satoshi or blue wallet on videos and articles?
I though that WoS was a temporary solution when they came out a year or so ago, but it looks like the community will keep the concept for ever.
btw there is other P2P exchange bots where you can use breez, phoenix and muun just fine, not sure why robosats have so many issues with non-custodial wallets.
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