Oddbean new post about | logout
 >"tainted" bitcoins trade for significantly less than spot price
>cashu mints are completely centralized
>DNMs rarely take bitcoin and almost all of them are XMR only
>a handful of corporations control liquid with a multisig
>ecash is vulnerable to undetectable fractional reserve banking
>the network can't support more concurrent non-custodial users without fees exploding and instead relies on custodians as a scaling crutch
so everything in the infographic is false. but enjoy your riches. I know that's the only thing you actually cared about