goatmeal on Nostr: ecash is actually stupid easy. buy bitcoin on kraken or coinbase, go to a cashu web ...
ecash is actually stupid easy. buy bitcoin on kraken or coinbase, go to a cashu web wallet, plug the minibits URL into it, and withdraw your kraken money to it via LN. the problem is that ecash takes a massive shortcut by throwing the entire concept of sovereignty on the floor and stomping all over it, then it takes a giant dump all over the trampled remains. then you wind up with fractional reserve banking. ecash is for people who think that doesn't matter.
Published at
2024-11-01 03:14:44Event JSON
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"content": "ecash is actually stupid easy. buy bitcoin on kraken or coinbase, go to a cashu web wallet, plug the minibits URL into it, and withdraw your kraken money to it via LN. the problem is that ecash takes a massive shortcut by throwing the entire concept of sovereignty on the floor and stomping all over it, then it takes a giant dump all over the trampled remains. then you wind up with fractional reserve banking. ecash is for people who think that doesn't matter.",
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