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chucklangstrumpf | 6 months ago (raw) | root | parent | reply | flag +2 
 so i dont get it at all why we would create a system like that. this screams exit scam and rug pull so loud that even SBF can hear it in his cell...
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BlackCoffee | 6 months ago (raw) | root | parent | reply | flag 
 not really. it's a solution to improve scaling and privacy. it makes sense but there are tradeoffs.
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chucklangstrumpf | 6 months ago (raw) | root | parent | reply | flag +1 
 why not really? it is fiat money, is that cool now?
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Dan | 4 months ago (raw) | root | parent | reply | flag +2 
 It's a custodial scaling solution. 

We strongly embrace legacy custody scaling solutions today. Most people use them. You're using one.

These legacy custody solutions have zero privacy and zero censorship resistance. 

eCash is a better custodial solution. Strong privacy and full censorship resistance. 

Nobody is claiming it's non-custodial. It has its place and is massive improvement to what most people use today, including yourself.
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ac918471 | 4 months ago (raw) | root | parent | reply | flag 
 Operators will sadly be persecuted.
For governments it will be CBDC or nothing else.