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Why are custodial solutions necessary at all?
Why isn't Zeus or Phoenix sufficient?
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Fees can be a big reason for smaller amounts.
Simplicity, e.g. when you need to load up sats for a day trip without understanding the intricacies of each self custody wallet.
Usually access to a wider range of feautures, e.g. when some services only send payments to an lnaddress, I can quickly fire up a custodial wallet to receive it.
Also ease of onboarding in general. Lightning has a very steep learning curve, so I find good to have something I can start using right away and expand my skillset over time.
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As others mentioned, I think ecash should be treated like a custodial wallet and as such can serve some specific purposes, e.g. loading up small amounts for a quick use or onboarding beginners.
I also see it serving as custodial mixing service if it is accountless.
The good point is, that since the ui wallets are already there, open source, custodians have a lower entry barrier of just setting up a mint and don't need to implement their own ui. This could lead to a more decentralized set of many smaller custodians.
That being said, I agree that this is not the end solution and that for higher amounts and long term storage only self custody can work.