Not in the business of convincing you, just tried to explain what makes it unique and useful. Maybe it was insightful to someone else, which is why I like to have these discussions out in the open in the first place. You never know who is reading and learning!  

 I understand. I also appreciate your time and willingness to clarify it.

Maybe I'll need it one day.
 

 The basic idea is that we will need a custodial solution because we may not be able to scale lightning to 8 billion people. Using these e-cash “banks” is currently our best approach. The protocol is much more efficient und quicker than lightning. It has the advantage that the custodians (mints) can not identify who is paying, I.e. they can’t censor a single user. In that respect it is more private than custodial lighting. Still, there remains a risk of rugpulls since the underlying lightning bitcoin is held centrally as with any custodial solution. 

 Minimum 5 "custodians" required to liquidate the mint.  Not foolproof but if custodial members were rotated yearly it adds a lot of complexity and effort to collude. 

 It's too complicated for the average user . I can hold my BTC privatly on my own.
There's already wallets like Alby that are not used by 8 million people. 
There are people that will not understand this and I can not see it being adopted if BTC is accepted by the average person. I can't see an apple cart vendor using this. 

 We use it to settle debts between ourselves among my siblings, and a couple trusted friends.  I run a mint (separate liquidity from my main personal LN node), I'm not a scammer, and the folks who I've onboarded & use it all know where I live 😉

From my perspective, it's just a deferred settlement pattern, and up to them when they choose to redeem or leave my mint.  Privacy doesnt really matter for us, it's the speed and simplicity we like.

Some of us still use lightning by itself most of the time, but that's not as easy to onboard without using impersonal 3rd parties, or getting your hands dirty 

 Great example of a use case.

Think of small communities implementing this through businesses and locals. It keeps all currency circulating in the micro economy. As long as buyer and seller are satisfied, this is ideal. Unlike former "barter networks" it's an honest ledger, no ability for insiders to print or inflate.

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