Oddbean new post about | logout
 You’re correct cash is popular.  However, cash has local theft risk and can’t be used online.  

Ecash is custodial is it not?  That’s the opposite of privacy, a third party can see all.

Coffees could be private with bitcoin lightning layer 2, but how many people are going to fork over $500+ to setup a self-custody node?  That's my point