Oddbean new post about | logout
 The vast majority of the world don’t operate their own website either. The goal is to make it easy to switch custodians. 
 Quick poll: who here believes this is the final goal? No judgement, be real
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 Holding money on a phone/watch should simply have two variants:
-Fully featured easy UX with node/lightning/mint in background (with thought-out failsafes)
-limited good ux but tiny data footprint
 
 I wouldn't say it is the goal. Complete freedom and self custody is always the goal. But I do think that this is a realistic outcome, and I don't believe it would be due to technical challenges. Most people don't want that level of responsibility that comes with that freedom. 

If one day it becomes clear that 250M+ are trying to use base layer Bitcoin, my perspective may change.