dvdc on Nostr: A point missed in the e-cash vs. custodial lightning debate is that a business ...

A point missed in the e-cash vs. custodial lightning debate is that a business running a custodial lightning service depends on the state for its existence. States “incorporate” businesses; they form them under their rule.

An individual exists before the state. An individual is part of a family, community, and body politic, which make up the state.

Individuals have a reputation to uphold. Companies live and die by the dictates of the state. Which one would you rather hold your money?