67 sats \ 2 replies \ @DarthCoin 14 Aug \ parent \ on: E-cash Scenario: pick your mints nostr
ecash is something like additional to BTC LN, is not something that could force more the bitcoin adoption.
If LN doesn't work well, ecash the same will be not useful.
Focusing too much on ecash but not on LN, will be a failure.
ecash in the end is just a gift card. No more no less.
ecash in the end is just a gift card. No more no less.
Much appreciated.
And a question,
Should we just avoid the e-cash stuff altogether because
- The mints are untrustworthy
- non custodial lightning UI/UX will improve
- Satoshi's are better than e-cash
- The point of bitcoin is to not trust third party intermediaries with the custody of your funds
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Satoshi's are better than e-cash
You can't compare something that is not the same thing.
ecash no matter how fancy, private or cheaper to use is, will not be more than an IOU. Bitcoin can't be an IOU, never.
The mints are untrustworthy
That is irrelevant for Bitcoin, is an aspect between the user and the bank. For sure it will improve in time.
non custodial lightning UI/UX will improve
Definitely, people should have patience. We are soooo early.
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