Oddbean new post about | logout
 someone finally answered my question about how you make sure your nostr note data stays around (run a private relay); im not really sure i’d rely on public relays to save my ecash balance yall 😂 
 https://media1.tenor.com/m/mo2pN_4naMAAAAAC/office-michael.gif 
 i support accidentally burning ecash to support my bags ngl 
 When ecash is lost, no sats are lost. The mint still has all of them.  
 ok but how does the mint know they’re lost? 
 AFAIK they only know how much sats in cash are out there but not their state. They may require to exchange the ecash after a defined period to see if all sats are still there. 
 Not your relay, not your ecash.
nostr:nevent1qqsxamuxmhhw07s43chur365307vkyrxatj07a9ytmlqggdhmy3v4agpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsygxtchhkkqwt68l69ju44920qnpct2fkcx5xuxaeen0jeu85a04vevpsgqqqqqqs60572z 
 #Proxmox 😉 
 👀 
 And yet we use banks  
 sigh. 
 So much ecash will be lost. Bitcoin is deflational af 
 lol, lightning only has like 5k bitcoin in the whole network at one time

ecash probably is a couple coins 
 thats todays numbers. who knows what tomorrow brings.

we're still so early. 
 i agree more is lost than most may appreciate but it wasn't ecash or lightning that lost it

 
 oh yeah. definitely most of the lost is in the past 😂