The emergence of more solid ecash implementations and the following lowering of costs to adopt them will put a lot of pressure on custodians, which is great.
In a world were adopting ecash in your custodial service is easy, not doing so makes it evident that you want to know what your users are doing.
It will be great for consumers. We will be able to know who's willing to comply with KYC and who likes spying their users just by looking at whether they provide their service with ecash or not.
counterweight
npub1a2…uqatg
2024-03-27 14:05:21
in reply to nevent1q…duls
Author Public Key
npub1a29gdc6p7c05az2ka3qwwpl9kfcqmws3xlwmjefmtkulfhgd7u6shuqatgPublished at
2024-03-27 14:05:21Event JSON
{
"id": "2e36a336c86ecfe01edcccde0dd6a543c652923d9779025594424f7aaa5368d6",
"pubkey": "ea8a86e341f61f4e8956ec40e707e5b2700dba1137ddb9653b5db9f4dd0df735",
"created_at": 1711548321,
"kind": 1,
"tags": [
[
"e",
"c78c11bb495f67879918a3654e7c7688540a6b7541d990cb7fc373cb9bf74e0b",
"",
"root"
],
[
"p",
"7b3f7803750746f455413a221f80965eecb69ef308f2ead1da89cc2c8912e968"
]
],
"content": "The emergence of more solid ecash implementations and the following lowering of costs to adopt them will put a lot of pressure on custodians, which is great.\n\nIn a world were adopting ecash in your custodial service is easy, not doing so makes it evident that you want to know what your users are doing.\n\nIt will be great for consumers. We will be able to know who's willing to comply with KYC and who likes spying their users just by looking at whether they provide their service with ecash or not.",
"sig": "0c5b1ada571398a19ada1cc042fd32ec57ede125edd7477b598fc6fe3b5dc591d0e597841e4cac5ca63754f7b4df33daa746a015bd208779adb34a9080f76655"
}