Oddbean new post about | logout
 Thats really cool. This is exactly the kind of scenario where the custodial and trusted nature of an ecash mint just don’t matter. Great use of the tech! 
 The point of (or the natural result of) bitcoin's trustless structure isn't to get rid of all trust, but to have a way to build it back in a secure and reliable way with a proper totem to judge it against.

Trust is and always has been the most important element in a strong society.

nostr:note1gunp2pvj54vvmylxmse02dn4nk7pmgfcz26st94hdkwvmtu4nx5sq9zrsd  
 It turns out that once you have a cheap, fast, and programmable payment layer a lot of innovations become possible.

Too bad a lot is basically in a legal grey area.