Interesting back-and-forth discussions in #bitcoin #atlantis on #ecash!
- Many bitcoiners think bitcoin-based eCash is "just banking with a bitcoin extension" instead of a bitcoin solution in its own right
- eCash people see it as a fantastic scaling solution with a straightforward tradeoff balance
My take:
While it has many similar features to traditional banking like custodianship, it is so much more advanced(easy audits, excellent privacy, offline transactions, bearer asset, easy integration with LN etc.) that it is either ignorance or bad faith to try to associate it with fiat banking today.
People will realize that #CashU and #Fedimint are strictly improving the lives of bitcoiners!
While the devs make fantastic counter arguments, I think we should send in more people who can really stress the main benefits of eCash because devs often fall short on rhetorics.
Five
npub16p…kfhdw
2024-03-03 10:15:21
Author Public Key
npub16p8v7varqwjes5hak6q7mz6pygqm4pwc6gve4mrned3xs8tz42gq7kfhdwPublished at
2024-03-03 10:15:21Event JSON
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