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buttercat1791 / Michael J
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2025-02-11 18:39:20

buttercat1791 on Nostr: It seems that the problem with ecash is that it requires you to trust a 3rd party ...

It seems that the problem with ecash is that it requires you to trust a 3rd party like you would a bank, but without any of the insurance or legal protections for your assets that exist with a real bank.

It does but as SilberWitch (nprofile…ykzg) said, requires a LOT of trust. Unless you run your own mint of course. Which requires running lightning and now we're back at square one...
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