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How should Spark-based wallets describe the trust-assumptions to their users?

Simple. Just lay it out honestly. Even if it hurts. Most normies don't give a fuck if it is trustodial or not... trust and getting rekt is all they know anyway.

Am I going to use it? No.
Am I suddenly going to recommend people to use cakewallet? No.
Is it the best trustodial solution out there? I'd even argue no on that one.

Seth is just defending the party that puts the bread on the table... that's normal. We all got to eat.