There is a thread saying that Timelock is the same as FE. This is false.
Timelock transactions are created and set to sometime in the future. If the vendor scams, the market will give the funds to the customer before the timelock time.
People are spreading misinformation and this only hurts adoption of quality multisig implementations.
People don't know what they're talking about is the real problem.
Everyone I've talked to that is against it, upon further discussion it became clear they did not understand it, or thought it was too complicated or slow.
It's really not. Once you get used to keeping track of a few extra pieces of data and have a good workflow and software of your choice, the amount of time is more or less identical.
EIC has timelock of 31 and 45 days. How is 31 days later at best an FE?