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12 sats \ 1 reply \ @cliftonbride 3 Apr 2022 \ parent \ on: I'm John Carvalho, AKA BitcoinErrorLog, CEO at Synonym AMA bitcoin
I think custodial balances are totally fine and jumping through hoops to remove the custodial nature of it has a real cost to speed of feature development. Also what most projects do to be “non-custodial” is ask for your node’s admin macaroon which is FAR worse than keeping a tiny balance with the site.
Custodial wallet accounts bring compliance requirements, legal overhead, censorship, etc. The whole point of Bitcoin is to hold it yourself, and the more we respect this, the better the tools we need will evolve.
We need browsers, desktop wallets, and browser extensions that handle these needs, not more accounts.
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