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30 sats \ 2 replies \ @k00b OP 3 Feb \ parent \ on: Paywally - cashu powered paywall paywalling a link to its own source code bitcoin
I'm sympathetic to both sides. For ecash to provide kyc-free custodial UX, it requires hundreds or thousands of unregulated banks to be run. It requires a mass protest (which is awesome).
So imo ecash can win the way it's currently being marketed if and only if the software is really good and it's profitable enough for the mint runners that they'll take such risks.
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50 sats \ 1 reply \ @dingding541 3 Feb
I guess we could see people holding their real wealth self custodially and perhaps using a mint/bank for weekly/monthly spending
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30 sats \ 0 replies \ @k00b OP 3 Feb
I think that could work if the audit schemes they’re flirting with materialize and funds are distributed across many mints.
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