Oddbean new post about | logout
 afaik there is nothing stopping a minter from not actually having all the sats they claim to be holding, teh protocol has no actual proof of holdings limitation, you can make up that you have sats, they don't have to be connected to a UTXO, unlike lightning

that's the biggest reason why i am ultra skeptical towards the whole idea 
 i didn't read all your post either, i got to the 4th or 5th paragraph and decided that maybe you didn't know that ecash mints don't have to have any sats in fact 
 I know 
 this is why i am frequently salty and hostile towards this guy