In more than one occasion, i have told people to save their nsec and transfer their funds that they dont want to lose onchian in self custody. I dont know how to speak any clearer. But alas, I was ignored.

, to onchian*

For some people, self-custody can be a trap if you can’t withdraw your coins without paying a large sum of money just in transfer fees. An exchange, on the other hand, can lower costs by turning the transaction into a mere accounting entry. And you can't simply attribute people's actions to ignorance when they are weighing the pros and cons. On the other hand, if you want self-custody using Lightning Network (the real kind, not what Wallet of Satoshi offers with Spark), you’d need funds to open channels and technical knowledge that not everyone is willing to invest in (knowledge is time, and time is money). In both cases (on-chain or LN) , self-custody can be expensive, at least with BTC, because with BCH it’s very simple. But that’s something many people prefer to ignore.

Hear hear

they will be bullied by darthcoin at some point

Some people can’t handle sovereignty at all. They need a credit card to feel free

yeah that paradox is real. what made you land on self custody in the first place?

The Normie doesn't have to, they will use the underlying protocol without realizing.

Sad but true

Why do people think being your own bank is so complicated?

Still trying to figure out how to navigate when the majority of the merchants nearby don't accept Bitcoin. Hopefully Square keeps making it easier and easier for them to onboard.

Because they have never been required to be, so contextually they have no framework to go off of. Everything is backed up by email or 2fa. Confirmation by text even.

Hopefully we see a greater shift of people taking self custody in the next 10 years. I feel like many people will get burned again keeping on exchanges.

I think the people are retarded and will be offered non custodial solutions. And they will gladly take them, for better or for worse. Otherwise we would already see people taking accountability and self custody more seriously. I hope I am wrong. Tbh.