Oddbean new post about | logout
 100% custodial, good tech to rug users basicly 

Trust, don't verify  
 Great for beer-and-skittles money, and for onboarding newbies.

Almost no learning curve, unlike self-hosted Lightning. 
 I don't know what fetiche Bitcoiners have to sell bad solutions as good if it were for small amounts 😅
Ligthning is shit, and ecash is even worse.. 🤣
When people change the self-sourveign values by NGU values shit happens.. 
And it is a matter of time to Blackrock and friends to make a fork and fuck you all..  
 If there’s a fork is it not an entirely different asset at that point? So why would that matter 
 The point is, real Bitcoin will loose his price and NGU cultists will go where profit goes  
 I hold XMR and shiny rocks along with my BTC, not a maxi here. I care about "not getting rekt" more than I care about NGU.

eCash can be forked by anyone, any time. Its not trustless and cannot be, but its madly flexible - works even offline and via paper bearer tokens.