Mints = trusted 3rd parties are security holes.
However, anything not truly decentralised, and bitcoin is the only truly decentralised coin, will have trusted security holes. These are called shitcoins and shitcoins will have a place for buying coffee and groceries, as long as the risks are understood and accepted. Just the way it's going to be. LN(non custodial wallets) will battle to compete IMO, under bitcoin fee pressure LN failed.
garyj /
npub1m7…qmdy2
2024-05-22 08:09:36
in reply to nevent1q…zp6f
Author Public Key
npub1m7555kpsd6ju3rt7vah9mjt5stpsgwl4z9autal0h5g9038kt5dqrqmdy2Published at
2024-05-22 08:09:36Event JSON
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"created_at": 1716365376,
"kind": 1,
"tags": [
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"content": "Mints = trusted 3rd parties are security holes. \n\nHowever, anything not truly decentralised, and bitcoin is the only truly decentralised coin, will have trusted security holes. These are called shitcoins and shitcoins will have a place for buying coffee and groceries, as long as the risks are understood and accepted. Just the way it's going to be. LN(non custodial wallets) will battle to compete IMO, under bitcoin fee pressure LN failed.",
"sig": "5e57f385d9956bfb6d47ba4421c936d985cc926d3f7166a5cde49b10afaa8d22178300b9a8f89e0c823107ae886e8e99010f1517d9adbd96d4c9c628b8d09bf2"
}