SaberhagenTheNameless on Nostr: What did he say that was wrong? I know the ecash token is self-custodial, but it is ...
What did he say that was wrong?
I know the ecash token is self-custodial, but it is worthless without the underlying asset that backs it that is held and controlled by a custodian (Bitcoin). The mint can even mass-censor all it's users by not exchanging/swapping tokens (intentionally or by coercion).
Published at
2024-06-15 03:55:03Event JSON
{
"id": "911ac2519f86803a732df11ed595d0729e9db76b9b9fe08ab0c9d70d3f358942",
"pubkey": "af740d198babb8c7b82d0a4718eb354bb3f6af9a98639b85d4a5cf1371caba85",
"created_at": 1718416503,
"kind": 1,
"tags": [
[
"e",
"abb5a83cdc409b5ccec1956a2f7fa35f9422fa0d46f3985c004384ee33d955d6",
"",
"root"
],
[
"e",
"bacd84f24e2569e0b445e77a4d668023a4a1b305b707edec832515108324454d",
"",
"reply",
"d34e832d42ad8b93c1a1c3c8400934405f30bcbf857f39ea2f008c26383f78d0"
],
[
"p",
"d34e832d42ad8b93c1a1c3c8400934405f30bcbf857f39ea2f008c26383f78d0"
],
[
"p",
"f985d309197c805e1719c73185b574fc3ee407d7c1b6157dee99c6ace2599bbb"
],
[
"nonce",
"1",
"1"
]
],
"content": "What did he say that was wrong?\n\nI know the ecash token is self-custodial, but it is worthless without the underlying asset that backs it that is held and controlled by a custodian (Bitcoin). The mint can even mass-censor all it's users by not exchanging/swapping tokens (intentionally or by coercion).",
"sig": "ad6747dccbabe85b977081a3c80388f220f4c406d99cfcaf63be1be4fc7fb1930b777f08b7125a6f67f84bca23f036cedf2eec04b21bc729c9b9559128221c5b"
}