Replying to Avatar hodlbod

The thing I don't understand about ecash is how it can be a bearer instrument and immune from double spends at the same time. It seems like the receiver would have to immediately redeem the token, and subsequent receivers to validate before accepting it in order for the latter problem to work. Am I right?
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hodlbod 1y ago 💬 1

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Tim Bouma 1y ago

Not redeem but swap. Two different functions.