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1 sat \ 3 replies \ @BitByBit21 14 Feb \ parent \ on: Ecash is just digital fiat. Change my mind bitcoin
Agreed, I easily created my own mint on LNBits using my own node just for test purposes and it works just fine. This could be an initial solution for friends and family who trust me and don't feel comfortable using other tools. Of course I can rug them, but they know that so it's a trade-off.
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0 sats \ 2 replies \ @GregAsks 15 Feb
That's why I think that liquid is shitcoin (central control).
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11 sats \ 1 reply \ @BitByBit21 15 Feb
The case of Liquid would be closer to the coming Fedimint since it is federated. It still requires some level of trust in exchange for some additional features, but at least on Fedimint you would be able to know who can rug yoy.
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0 sats \ 0 replies \ @GregAsks 16 Feb
IMO Federation gave a false sense of safety. Something like government take care of your money better than you...
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