Oddbean new post about | logout
 no onchain privacy, wasabi and samourai gone, lightning does not scale and self custodial LN is a pain in the ass still, ecash mints allow to break the 21m cap - the state of bitcoin is pretty terrible, sadly. 
 It's impossible to break the 21M cap on the base chain. Even if it was on one of the L2s, it would mean that some of the money wouldn't make it back to the base chain. 
 that is true, but it will not matter to the users who get rug pulled by the next ugly nerd SBF like crew which runs the mint, sells unbacked tokens to their users for real bitcoin and then do an exit scam. It is beyond retarded to create a system which allows that, it is the most anti bitcoin thing i can imagine.