pull down to refresh
27 sats \ 2 replies \ @CruncherDefi 29 Jun \ on: ecash decentralizes inflation and rugging ? Quote from calle... bitcoin
It might be unsolved now, but is it solvable. Chill.
No, it isn't... if it was we wouldn't have needed Bitcoin in the first place.
This is why ECashers have painted themselves into a narrative trap trying to project it as something superior to an SQL database, when it's really just a more fragile server credential.
If you're going to trust someone to custody it's always going to be a binary risk and there's no shitcoinery that change that.
reply
if u don't trust vitalik or larry fink, then why trust the custodian of the ecash mint?
ecash literally a money transmitter business so at scale they will be prosecuted (already how many custodial lightning wallets are not available in the USA?)
either the mint rugs you or the government will rug you but either ways it's rug tech in the same way blockchain tokenenomics is scam tech
bitcoiners don't see it because they listen to podcasters more than verify the tech themselves...
reply