Isnt Webcash Bryan Bishop's project? I think I heard him talk about it on Vlad's podcast or somewhere.

I don't understand what the benefit of non-chaumian ecash is. Wouldn't it mean the mint could see what you are doing, and if so why is it better than the current banking system?

Chaumian ecash is already a step in the direction of adding a third party, so why would we give up the benefits of privacy and censorship resistance and take on the third party risk?

Forgive me if I am misunderstanding how webcash works. I need to look into it more.