sethforprivacy on Nostr: If the only solution for Bitcoiners to have private payments is custodians (be it ...

If the only solution for Bitcoiners to have private payments is custodians (be it e-cash, Fedimints, etc. as is all the rage) then Bitcoin will simply be dead for me. Feels like the ultimate cop-out.

Custody is the line in the sand that cannot be crossed. Custody not only opens up immense risk for loss of funds, it also makes these tools far less resilient to adversarial environments.

Can "they" stop every Bitcoiner from keeping 12 words safe? No.

Can "they" stop a few popular mints from operating? Absolutely.