Oddbean new post about login | logout @Seth For Privacy Which one do we not like again? https://i.nostr.build/eZlG4.jpg
Also, what is a likely higher-order effect of regularly sending text-strings which represent monetary value: [ ] more focus on encrypted and private communication [ ] less focus on encrypted and private communication
Good morning. We like the nuts. nostr:nevent1qqsq3mh4zvz08q63kr8nrndq2s7hcfdvlk7qc24f98rr9agzgvde27qpz3mhxue69uhkummnw3ezummcw3ezuer9wcpzp57hgyjdm76mm3sm3uvdzlpnxkamf7x8zxp2xhhzwv22fxjwk7caqvzqqqqqqyk6peqg
Hey look a table that forces you to pick the lesser evil, so convincing
Want to get nuanced?
No need to waste both of our times, I'm familiar with in-depth arguments. Let me just say this: I'm all for existing custodians to turn to ecash mints. That's not what is happening and it's also unlikely to ever happen. So no, ecash won't replace existing custodians.
only an outlet to earn cash 🤫
Tap on. Tap in. Tap out.
Such classic slogans Then there is math that maths to taunt
I hate anything official 🕷️
has cia in it
Why won’t it?
Lack of incentives
Standards don’t need motivation to be true.
Not a lobby
up next from Tony: "Well-built houses that will shelter your family for decades are all valueless because they trend to zero in bitcoin terms. How is there any utility in an asset that doesn't 10x in price every 5 years?"
Monero: ✅ Not an IOU ✅ Open and decentralized issuance (No seigniorage) ✅ Issuance requires PoW (Not arbitrarily rehypothecatable) ✅ Issuance is stable and predictable ✅ Your tokens don't instantly become useless and worthless when a mint shuts down (0 in bitcoin terms) Ecash is cool, but let's not pretend it has no major downsides, or that Monero doesn't have it's own perks.
