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I'm based in the US. The feeling here is that self-custody is really not popular.
Is this how it feels in Brazil? If so, why do you think people aren't interested in self-custody?
I certainly identify with that. Lightning is complicated and I've spent more time than I ever wanted wrestling with it
The revenue model for self-custody wallets seems to be pretty challenging, especially for FOSS. Do you plan on staying non-profit or do you see a path to a sustainable business model for a cold storage wallet?
I'm very excited about the new chain code delegation feature for Bitkey.
But I was surprised by this sentence in the announcement post:
While a wallet’s UTXO set is temporarily exposed to Bitkey’s servers during a wallet recovery, this data is never logged.
Seems like it defeats the purpose of chain code delegation.
hello @unschooled! just roll the prize over into the next week's bounty please. I like how exciting it feels when the prize gets bigger.
I've made more from posting stories on SN than I ever made from trying to publish them on traditional platforms...
but that might just mean you all are a captive audience and don't get enough stories put in front of you.
(or that I'm bad at writing)
(or that I'm worse at marketing)
This isn't a nice thought: maybe don't build a world where self-custody is the norm unless there's a catastrophe.
I'd like to think we can convince people to choose self-custody because it's better, but so far we haven't defined better as "gives you things you really, really want."
I think a lot about car adoption: cars are not convenient in their operation (think of all the things you have to learn, how much you must spend to maintain them, the dangers of other people smashing in to you) and yet they give us the ability to get somewhere fast. So people put up with it. They're even willing to arrange their lives around cars. I guess we have to figure out how to tell people about what bitcoin has to offer in a way that makes them really want it.