Leo Wandersleb on Nostr: I hear this sentiment a lot but you are a maker and probably an influencer and ...
I hear this sentiment a lot but you are a maker and probably an influencer and net-receiver of zaps. Most plebs will never have their own nodes and those will get hurt if WoS "gets hacked".
I worked for a self-custodial mobile wallet and we had users with more then $100k in our product and my estimate always was that the average was $100. For WoS it might be closer to $10 but with more than 100k installs on Android alone that's still at least a million USD.
For me it's not only about personal loss and blaming the other guy who held all his sats in WoS. For me it's about us collectively creating these incentives for crooks to provide these honey pots that plebs fall into.
If your business plan is to take off with all the users' funds, you have much more resources to create a great product than if your plan is to provide an honest and forever free product.
Psychopaths exist and I've seen plenty in Bitcoin, too.
I worked for a self-custodial mobile wallet and we had users with more then $100k in our product and my estimate always was that the average was $100. For WoS it might be closer to $10 but with more than 100k installs on Android alone that's still at least a million USD.
For me it's not only about personal loss and blaming the other guy who held all his sats in WoS. For me it's about us collectively creating these incentives for crooks to provide these honey pots that plebs fall into.
If your business plan is to take off with all the users' funds, you have much more resources to create a great product than if your plan is to provide an honest and forever free product.
Psychopaths exist and I've seen plenty in Bitcoin, too.