Quote from: logfiles on March 10, 2021, 01:06:29 PM

Quote from: sunsilk on March 10, 2021, 01:28:34 AM

Most of the new bitcoin people have used the wallet because of the word "blockchain". I've used it before when I was a newbie because I thought it was the official bitcoin blockchain wallet because of the domain. Tongue

You are right, When I first got to know about Bitcoin. The first wallets I signed up where web wallets and guess the names... Blockchain and coinbase Grin

I think the fact that the web wallets use an approach that most newbies are familiar with (signing up with an email and password), most of them end up getting trapped by the web wallet leaving behind noncustodial wallets that seem a little more technical to set up.

Maybe they have known that psychology that whenever a newbie approaches them, it's easier for them to be trusted because of the domain name that they have. Honestly, it was effective on me before when I was completely not experienced in wallets and believing that this type of web wallet is one of the safest until people who were earlier than me taught that made me realized that it wasn't.

Quote from: Lordhermes on March 10, 2021, 05:59:20 AM

Quote from: sunsilk on March 10, 2021, 01:28:34 AM

Most of the new bitcoin people have used the wallet because of the word "blockchain". I've used it before when I was a newbie because I thought it was the official bitcoin blockchain wallet because of the domain. Tongue

Lol, that's true, I told a noob yesterday that web wallet isn't the best, he laugh at me as if I don't even know what I'm saying, hat name blockchain that it carried decieves them all around.

We understand what they're saying and believing at the beginning as they're learning through the process. But if they're open to listen to you about your experience, they'll eventually understand the huge difference of it from the non-custodial wallets.