Custodial Wallet [PROS]
- Centralized authority allows easy recovery if you forget your access password or some how lose access to your wallet (THIS IS ARGUABLY A CON AS WELL)
Really? Its like banks all over again. It needs security in case of bankcrupcy of centralized company so it needs a lot of regulation. Its step backwards.
For me custodial wallets are disaster to happen, in a way its like keeping BTC on exchange. (really really bad thing to do)
We need more easy-to-use and mistake-forgiving wallets, thats it but with full control.