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all of my points still stand. Plus I don't think anyone linked in your vids refute them either.
e cash is a rug waiting to happen
Only one mint at a time. But also, that's not the efficient way to steal with a mint. You can just print yourself money and keep it going.
yes, develop trust at a mint then run it quietly at a fraction of reserves for a long long time in secret
What is the most trusted mint? Is there a directory anywhere?
Wouldn't put any sort of trust in a mint right now. We're still very early days for eCash on Bitcoin. If you want to play around with Cashu (knowing the chance of losing funds is there) I suggest Minibits or Enuts
Lyn talks a bit about ways that mints could be audited (to some degree). It's an evolving topic.
Would also say a fedimint with multiple guardians isnt 100℅ centralized. Centralization is a spectrum, removing a single point of failure is a reduction in centralization IMO. It's still far more centralized than Bitcoin, but there's tradeoffs (good and bad)
Yes but it's 100 percent custodial.
Yes. Anyone claiming it's not is a red flag IMO. But custodial and centralized are 2 separate considerations
If you watch these 3 videos and still think ecash = digital fiat then idk