pull down to refresh

Where is @DarthCoin? Ecash technically isn't Bitcoin and qualifies as a shitcoin under the qualifications he uses. Did he downzap you like he does everyone else that posts about anything he considers a "shitcoin?" Ya know @k00b keeps downzaps having so much more weight to keep darth happy by being able to control what people see and don't see with his downzapping

STFU shitcoiner.
ecash is not bitcoin, are just gift cards, fucking idiot. And this post have nothing to do with me.
Once again you prove your idiocy

reply

Dude. That's what I said. I said it's not Bitcoin. You truly can't read can you?

reply

Shut up Darth, you have no fucking idea what you're talking about, of course it's Bitcoin you dumbass, learn how to write English properly fucking moron, doesn't even know what's Bitcoin and what isn't.

reply
0 sats \ 6 replies \ @anon 23h

If you can't unilaterally exit the system it is not Bitcoin. Go fuck yourself.

reply
0 sats \ 1 reply \ @SqNr65 23h

Shut up idiot, you're fucking retarded. If I can use it to get more Bitcoin into my cold storage what the fuck is the difference you moron. Not every single use case needs unilateral exit you clown. People use different services for different purposes and they don't all need to have the exact same trade-offs dumbass

reply
0 sats \ 0 replies \ @anon 23h

Shitcoiner take. Have some integrity.

reply
0 sats \ 3 replies \ @ynniv 23h

you can't unilaterally exit the base layer 🤔

reply
0 sats \ 2 replies \ @anon 23h

Bitcoin is a fault tolerant network. You can join and leave at will. Hope you learned something today.

reply
0 sats \ 1 reply \ @ynniv 22h

i agree with the spirit, but your argument is simplistic. ecash is paper bitcoin, but that's still bitcoin until it isn't. this is different from eth, which is never bitcoin but can be exchanged for it

reply
reply

Bitcoin and lightning in self custody is bitcoin. But ecash is like custodial lightning without accounts. It is not bitcoin anymore. The giftcard comparison is correct.
If you start running or using a mint you may understand this.
The mint can always disappear with all the sat the users saved. Is this how bitcoin works? Is bitcoin designed for exit scams? I say no!
So you have to realize it is not the same.
If you still think it is the same, you can put all your sat into my mint.

reply

It's ok not to use it because you disagree with the tradeoffs involved, and it's fine to criticize the model based on your preferences.

But it is still Bitcoin. It's just a way to use Bitcoin that you don't like. It's not like gift cards at all. The money in your gift card can't be withdrawn, isn't interoperable with your bank account, can't work in other stores even if they want to accept them, the analogy doesn't work.

I think you're doing the Lord's work by highlighting the pros and cons, but saying it's not Bitcoin is really not correct.

reply
0 sats \ 11 replies \ @anon 22h
But it is still Bitcoin.

"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution."

What's a mint?

reply
0 sats \ 10 replies \ @ynniv 22h

call it custodial/paper bitcoin then. yes, the inception of bitcoin didn't recognize custody. this makes sense from a philosophical point but not a realistic one.

as it stands, self-custodial bitcoin is not viable. if that bothers you, you can try to do something about it.

#992856

reply
0 sats \ 9 replies \ @anon 22h
self-custodial bitcoin is not viable

You are retarded.

Ecash is not bitcoin. It's an IOU from another shitcoiner. Nothing philosophical about it. It's really that simple.

This conversation has been had before. We're all just waiting for you to catch up.

reply
0 sats \ 3 replies \ @anon 15h
This conversation has been had before.

#556907

0 sats \ 4 replies \ @ynniv 22h

you missed the part where bitcoin as it currently sits is not viable. preach to the choir if you like, but have some self awareness while you're doing it