Agreed. I think it leads to lost keys and ultimately inaccessible corn. Collaborative companies like Casa have a role on that space, but multi-sig as a whole is difficult for your average user to do right.
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So what do you see as a solution for the average user then? If they can't manage a key then single-sig is out of the questions. Leave it on exchanges?
I think a hardware wallet with a secret passphrase is the best self custody solution for most. Jade is excellent for this. They need their device and a pin. Same set up asost bank accounts... You have your debit card and your pin.
And it's not about managing a single key, it's about managing multiple keys. First off, the concept scares most away and I think the complexity increases the chance of failure.
For some, custodial solutions will be the best whether the Bitcoin community wants to accept that or not. People want simple.