moonsettler on Nostr: there is custodial that is: - kyc/aml ridden unsafe - permissioned account system - ...

there is custodial that is:
- kyc/aml ridden unsafe
- permissioned account system
- orwellian surveillance nightmare
- debased via fractional reserve
- gatekept and metered walled garden

and there is custodial ecash:
- private
- either fungible or programmable
- accountless and individually permissionless
- auditable supply (fingers crossed)
- globally interconnected via ln

both can rug you tho. but it's pretty clear which one is the winner.