Strike is a custodial wallet. However, it is fully interoperable with self-custody bitcoin and lightning network wallets. I can send and receive payments with any other bitcoin wallet. Strike is the "rails" to/from traditional finance. It is possible to deposit USD and withdraw true bitcoin immediately. In my opinion, it is a good balance.
The biggest problem to me is that it is REALLY hard to understand the lightning network. I have tried most of the lightning wallet apps[1] and they are not very clear about where your keys are, how channels are managed, and what tradeoffs have been made. I am optimistic the infrastructure and technology will get there quickly. I think the lightning network will be kind of like email. Decentralized but most people use a few big players. I have been able to bounce back and forth tiny payments (less than a dollar worth) between most of these wallets in seconds. It's pretty amazing.
[1] Muun, Phoenix, Wallet of Satoshi, BlueWallet, Breez, Lightning Labs (beta, no longer available)
The biggest problem to me is that it is REALLY hard to understand the lightning network. I have tried most of the lightning wallet apps[1] and they are not very clear about where your keys are, how channels are managed, and what tradeoffs have been made. I am optimistic the infrastructure and technology will get there quickly. I think the lightning network will be kind of like email. Decentralized but most people use a few big players. I have been able to bounce back and forth tiny payments (less than a dollar worth) between most of these wallets in seconds. It's pretty amazing.
[1] Muun, Phoenix, Wallet of Satoshi, BlueWallet, Breez, Lightning Labs (beta, no longer available)