Phoenix, while being a great wallet/service, market dominance is not healthy.

For instance, they know balances (and when they pay/get paid) of all their user's nodeIds - and once you share an invoice or BOLT12 publicly they can now tie it to your social.

We should not put so much trust into one entity (even though they have been a good actor so far) 

 Also even if the opted out from the US market, they're based in the EU, which is even worst from a finance regulation pov.