What is Nostr?
Bit 🐳 Ish
npub13cn…kzpe
2024-03-14 13:41:27
in reply to nevent1q…m3e0

Bit 🐳 Ish on Nostr: Even with wos gone, I think a large portion still occurs custodially. Mostly because ...

Even with wos gone, I think a large portion still occurs custodially. Mostly because non custodial solutions aren't 100% seamless just yet. They exist and they work great most the time but they have to work great pretty much all the time to see wider adoption. This is probably the case even within the bitcoin community and even more so within the non tech community here. In fact, I'm currently recieving custodially and sending out non custodially.

I think it's a minor problem if we are looking at nostr in a vacuum. Each person has to weigh their own risk/benefit based off whatever solutions they're using. For money and payments in general, from a high level, yes non custodial is important. But I believe there is a line somewhere, in certain situations, where the benefits of custodial solutions (ease of use and setup, no tinkering, reliability and ease of adoption) for the wider non tech population outweighs the benefits of current non custodial solutions and their rough edges. Ideally everyone should always be using non custodial solutions, but the reality is you can't just shove everyone in the deep end immediately.
Author Public Key
npub13cnlldwfhwxd6qf34hnwlfya2m2qrd2zfk0alxnrup6d2fasw9wqxwkzpe