<oembed><type>rich</type><version>1.0</version><title>papafigos wrote</title><author_name>papafigos (npub1r5…333vz)</author_name><author_url>https://yabu.me/npub1r5yzptzufjehaduv3du9tlrav4ws9edwuu338s2a06haamc6xlfsf333vz</author_url><provider_name>njump</provider_name><provider_url>https://yabu.me</provider_url><html>For me it&#39;s curious, I think ecash is interesting but in the end it&#39;s just an IOU.&#xA;&#xA;The mint can rug you, hot wallet exploits can take your bitcoin from the mint while you&#39;re left holding useless ecash, and the complexities of merchants accepting random ecash minted from random mints (any mint can forge any amount of ecash backed by nothing) don&#39;t seem trivial to solve to me.&#xA;&#xA;In other words, you are looking for less fees and more privacy, and #monero already offers you this today, with no counterparty/rug risk; but because of cognitive bias people with the maximalist mind virus are unable to see it.&#xA;&#xA;It&#39;s certainly fascinating to observe: the logical inconsistencies, the wishful thinking, and the black-and-white thinking &#34;only btc has value, everything else is a scam! there is no second best! bitcoin or nothing! bitcoin is perfect everything else sucks!&#34;.&#xA;&#xA;It would be funny if it wasn&#39;t such a widespread meme. Instead, it&#39;s tragic.&#xA;&#xA;Hint: one can (also) use monero, save in Bitcoin. It&#39;s not black-and-white, it&#39;s not all-or-nothing.&#xA;&#xA;Anyway, I see that I&#39;m not gonna change your mind. Happy stacking!</html></oembed>