You are collating two things
1. Everyone can own their own UTXO
2. Use it for everyday transactions
1 is important, 2 is not.
Most people should use e-cash for everyday use. A UTXO would be used in a similar fashion to moving money into a high interest term deposit - where you hold the majority of your money but only make a transaction once a month to once every few years, depending how wealthy you are. A lightning channel to the eCash would allow the balance that's held by the custodian to be minimal.
If a transaction fee exceeds the $10 -100 range even this breaks down.
Azz
npub1wvt…jhd0
2024-06-11 12:38:01
in reply to nevent1q…3dcz
Author Public Key
npub1wvtljy7rmeeeaqat9hwxwq9g7h90ghavtgpvd2yxk400ndlrf4qsytjhd0Published at
2024-06-11 12:38:01Event JSON
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"created_at": 1718102281,
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"content": "You are collating two things\n1. Everyone can own their own UTXO\n2. Use it for everyday transactions \n\n1 is important, 2 is not. \n\nMost people should use e-cash for everyday use. A UTXO would be used in a similar fashion to moving money into a high interest term deposit - where you hold the majority of your money but only make a transaction once a month to once every few years, depending how wealthy you are. A lightning channel to the eCash would allow the balance that's held by the custodian to be minimal. \n\nIf a transaction fee exceeds the $10 -100 range even this breaks down. ",
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