Had to happen sooner or later
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Ugh. Just read through this. I really like using them, but $250 yearly is a lot of sats! I’d like to see a more reasonable fee. Especially if you aren’t contacting them all the time and just using them to HODL! Maybe this could include the inheritance services too, but I think that’s separate
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Glass half full: maybe encouraging more people to explore alternatives and take more seriously fully self custodial and more private options such as Sparrow. Nunchuk also has a plan thats roughly half the cost $120 per year. Also Unchained still is a great option and has a great track record, probably reasonable to pay some level of ongoing fee for that safety net. Glass half empty: This is kinda ridiculous in terms of overnight magnitude to go from completely free to $250 overnight. Some more gradual step up over time seems more reasonable. I'd much rather see a lower annual fee and a much higher signing fee. Paying something to have that safety net is reasonable imho, but $250 for a safety net you probably never use seems expensive. Maybe if they gave more info on costs to justify? But when Nunchuk is half the price and I can do it myself pretty easily in Sparrow, why pay $250?
I wonder if this indirectly helps more expensive options such as Liana's premium plan seem more reasonable given its better capability. Basic 2 of 3 multisig is starting to feel like somewhat of a commodity product that many companies offer, though Unchained is certainly the largest and most reputable.
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boooo. I'm sure this makes sense for larger holders, but it's sad to see they won't be accessible to newcomers and regular individuals. this is super disappointing. i'm out.
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Any recommendations of new assisted wallets?
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My faves: Tried and true and reliable: Unchained Best UI: Casa Cheapest collaborative multisig(still good): Nunchuk, $120 Free but fully self custodial(no safety net if you F*** up): Sparrow Advanced and Premium: Liana
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Nunchuk and Green Wallet offer assisted multisig
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0 sats \ 1 reply \ @9 OP 10 Jan
Have fun paying transactions fees moving your 2 of 3 multi-sig Bitcoin to a new wallet.
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