Most (all?) hardware wallets today have customers write down the seed phrase and re-enter it as part of onboarding. This in an unusual experience for most people. It is time-consuming. And of course then customers have to understand and appreciate how sensitive this material is that they've just written down and devise a plan both to never lose it and never let anyone else see it even for just a few seconds (a quick picture away from losing all your money).

Imagine instead an onboarding experience that takes a minute and doesn't involve any of this?

"Wallet is made up of three parts - a mobile “App”, a specialized “Hardware” device, and our backend “Server” - with each controlling one of 3 keys" using a 2 of 3 multi-sig. You know some people do this with unchained capital so they're sort of making that model streamlined.

I don't really like it myself. I mean just take the marketing from Liana wallet: https://twitter.com/raw_avocado/status/1658099154571218949

Gives the user all the power to make all the decisions they want.

I don't know sometimes with these companies I'm reminded of Maralyn Manson. "Some of them wan to abuse you, some of them want to be abused" https://www.youtube.com/watch?v=nSG-6xc-T4U

I suspected they just aren't exposing them as part of the UX. They can't prevent an encoding from existing, but they can prevent users from knowing it exists.