1 sat \ 4 replies \ @justin_shocknet 28 May \ parent \ on: Why can't you buy ecash from a Cashu mint? bitcoin
The whole narrative of ECash is propped up by spooks and scammers, so it's not allowed to be discussed generally in the podcastsphere
Reality is there's no use for this outside of the US Treasury and State-Banking, because even if you were concerned about your specific account getting nuked you simply wouldn't trust that custodian in the first place
What's the evidence for spooks? You keep saying that, but it doesn't feel like a part of the real conversation here. When you make points about the mechanics of ecash protocols, it's interesting. When you say it's propped up by spooks and scammers...what is anyone supposed to say? It's not fruitful.
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Just google ECash, there's an ECash act (RFP) in Congress, NSA has published papers on it back in the 90's
The ECash companies are getting 10s in millions in funding pre-product
NGO's that just happen to toe-the-line of the Atlantic Council are raining on it
We've broken down technically how this is only useful for institutions
You can either recognize a pattern, or you can think everything is a coincidence.
The CIA isn't just going to come out and announce they're astrotufing ECash for their banking benefactors... but paying even a little bit of attention after these last few years it should be obvious.
When discussing trusted solutions discernment is implied.
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I feel about this the same way I feel about Tor. I see the points you make, but I also think (perhaps foolishly) that the tech can be useful.
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I agree that it can be useful, that in fact they are extremely useful- just not for whom you'd like to think
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