You're looking at it from the wrong perspective.
Ecash is custodial tech, and will (probably) always have the risk of inflation, rugpull and fractional reserve.
It's not bitcoin scaling. It's not a bitcoin replacement.
It's a replacement for the shitty custodial relationships that exist TODAY!
Everyone that is involved with developing any technology that is useful knows, that technology will be used for legitimate use cases AND abused for criminal activity.
Stop making developers researchers and inventors responsible for crimes commited using their technology, it makes no sense
did you see what they did in the netherlands? they threw a guy in jail because the code he wrote and deployed to a decentralized network "could not be stoped" and made him responsible for the criminal actions commited with that code.
that is like someone is drowning a guy in my pond, but now it is my fault for deploying an unstoppable pond. it makes no sense, and has to be fought tooth and nail.
and before you say "yeah but he made a tool that is useful for criminals"...
Everything that is remotely useful is also useful for criminals
Which indictment?
Are you talking about the samourai one?
I think samourais MO was questionable, but so was the indictment.
You should read the judgment from the Netherlands on the tornado cash case.
It will give you a different perspective on what is really at play here
I wish too we could trust banks and the government, and he is correct that if that was the case, bitcoin would be trash and solve nothing. But the fact of the matter is, we can't trust banks and governments, as we've seen through many examples of history.
hiStORiAn.
also take a look at npub1rxysxnjkhrmqd3ey73dp9n5y5yvyzcs64acc9g0k2epcpwwyya4spvhnp8 guides on cashu wallets, they are great
Or check one of my presentation slides
lconf.gandlaf.com
nuts-and-bolts.gandlaf.com
USA vibez
nostr:nevent1qqsrvfqjgv7vx3s8ymk63da39xu8pkygf0356hyaen9k3pt7xefy2aqpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsyg8cumryxsh3upfysp3suflpq9kuud0u8fs5uczrflh54gjsxv5v4ypsgqqqqqqsjx9ynv
IMO this is the correct way to write down mathematical equations. In code, sure it's better to use expressive names, but in math, no one wants to see an equation that is 3 pages long, just because the variables contain 3 words each
Actually ecash, Cashu/fedimint don't rely on a specific underlying funding technology. Lightning is nice because it gives instant settlement which is great for the swap ux. It could easily be interoperable with other shitcoins, L2s or even good ol' paper.
It's just custodial tech
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