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185 sats \ 4 replies \ @Fabs 11 Feb \ on: Ecash is just digital fiat. Change my mind bitcoin
Yeah, I too fail to see why there's so much hype for it.
I think a lot of folks that oversold lightning are now backpedaling into fiat banking and pretending its a scaling solution
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I think as long as the game theory holds and Bitcoin replaces fiat as the global reserve currency, then humanity wins.
It may turn out that we need ecash for the last mile of money transmission, but I'm not ready to abandon lightning for fiat mints