Onboarding someone to Bitcoin has always meant the same thing: "Write down these 12 words. Don't lose them. Don't screenshot them. If they're gone, your money's gone."
Today we're removing that step. Introducing Managed Accounts.
Here's how it works: someone who already uses Bitcoin sets up an account for the person being onboarded. That account is theirs to spend, send, and receive with from day one. No backup to manage. Nothing to lose.
What makes it new: the account is derived from the setup person's existing wallet, tied to a seed they already hold. If the new user loses their phone, the person who set them up restores everything. Nothing is lost.
To be clear: Blitz never holds the funds or the keys. We can't. We never could. The only recovery path runs through the person who set up the account: a parent, a friend, a business owner, someone real.
Decentralized custody.
The hardest part of Bitcoin onboarding has never been the technology. It's been asking people to take on the responsibility of self-custody before they understand what they're holding. Managed Accounts let someone grow into that responsibility, with a real person as their safety net.
blitz / Blitz Wallet
npub1cm…k96wt
2026-09-07 15:02:14 UTC
Author Public Key
npub1cm3rpgj7457yjuqnvdalxaauakqu0ndkpkyp5cldkyutpz4xszpsmk96wtPublished at
2026-09-07 15:02:14 UTCEvent JSON
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"pubkey": "c6e230a25ead3c497013637bf377bced81c7cdb60d881a63edb138b08aa68083",
"created_at": 1788793334,
"kind": 1,
"tags": [
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"content": "Onboarding someone to Bitcoin has always meant the same thing: \"Write down these 12 words. Don't lose them. Don't screenshot them. If they're gone, your money's gone.\"\n\nToday we're removing that step. Introducing Managed Accounts.\n\nHere's how it works: someone who already uses Bitcoin sets up an account for the person being onboarded. That account is theirs to spend, send, and receive with from day one. No backup to manage. Nothing to lose.\n\nWhat makes it new: the account is derived from the setup person's existing wallet, tied to a seed they already hold. If the new user loses their phone, the person who set them up restores everything. Nothing is lost.\n\nTo be clear: Blitz never holds the funds or the keys. We can't. We never could. The only recovery path runs through the person who set up the account: a parent, a friend, a business owner, someone real. \n\nDecentralized custody.\n\nThe hardest part of Bitcoin onboarding has never been the technology. It's been asking people to take on the responsibility of self-custody before they understand what they're holding. Managed Accounts let someone grow into that responsibility, with a real person as their safety net. \n\nhttps://blossom.primal.net/02a669a5477c287bc540fe91a8a4c045ca12d394f96cfa84de65a18983e5d1eb.mp4 ",
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}