Oddbean new post about | logout
 Thanks, I’m following both of them now, too.

I’ve always had the assumption that a payment for a good/service always has counter-party risk with whoever you’re exchanging with.

So I would never consider eCash self-custodial, but I’ve always thought of it more like a simplified UX involving an additional party for an already somewhat risky transaction.

You could give me 10,000 sats from cold storage and I might still run away with the coffee we had agreed I’d hand over in exchange.