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mrclownworld
npub1xsf…lu9v
2024-05-17 18:38:27

mrclownworld on Nostr: Unpopular opinion: random anonymous ecash mints are never going to replace large ...

Unpopular opinion: random anonymous ecash mints are never going to replace large trusted banks; and large trusted banks will always be pressured to KYC

Non-profit small community federated mints may exist, but I doubt the big regulated banks will allow them to legally avoid being regulated

In related news, my ecash balances keep getting rugged or otherwise fucked up. I can’t imagine trusting $10 to a fly by night mint, let alone real money.
Author Public Key
npub1xsf5h8suhveztq4u5spq5wwvzftqxmglt6vwllxg8z6zrlpqn4yqrulu9v