florian on Nostr: The basic idea is that we will need a custodial solution because we may not be able ...

The basic idea is that we will need a custodial solution because we may not be able to scale lightning to 8 billion people. Using these e-cash “banks” is currently our best approach. The protocol is much more efficient und quicker than lightning. It has the advantage that the custodians (mints) can not identify who is paying, I.e. they can’t censor a single user. In that respect it is more private than custodial lighting. Still, there remains a risk of rugpulls since the underlying lightning bitcoin is held centrally as with any custodial solution.