Spark is “not yet” Bitcoin, in the same way Coinbase purchases are “not yet” Bitcoin.
I would not worry too much about the various on-ramps and short term wallets. Of course with any custodial service the goal is to get the coins in self-custodial form as soon as possible. But first someone needs an introduction to the network. The existence of Spark in no way threatens Lightning or Bitcoin, it’s as best additive, or at worse irrelevant to the cold wallet bearing Bitcoiner.
Spark has a great potential to onboard millions more people into the Bitcoin economy. Do not let perfect be the enemy of good.
Spark is “not yet” Bitcoin, in the same way Coinbase purchases are “not yet” Bitcoin.
I would not worry too much about the various on-ramps and short term wallets. Of course with any custodial service the goal is to get the coins in self-custodial form as soon as possible. But first someone needs an introduction to the network. The existence of Spark in no way threatens Lightning or Bitcoin, it’s as best additive, or at worse irrelevant to the cold wallet bearing Bitcoiner.
Spark has a great potential to onboard millions more people into the Bitcoin economy. Do not let perfect be the enemy of good.