Ecash mints are glorified custodial mixers. Any mint with significant volume will be a target for governments.
Discussion
Ecash has nothing to do with Bitcoin! Shitcoin crap!
He means things like Cashu https://cashu.space/
a lot of bitcoin people believe they are downloading a light up plastic sword they can use to fight the illuminati. being able to use money without the government watching has de facto become a crime and the existence of bitcoin doesn't actually fix that at all. you cannot fight the government just with computer programs.
not using government money is an effective way of fighting the government
Run a mint in a friendly jurisdiction and serve people in unfriendly jurisdictions.
Good luck playing whac a mole with possibly any lightning node hosted anywhere.
I don't need to play this stupid game. Self custodial wallets work for me.
No jurisdiction is **friendly** if the volume is significant enough, it will be a target.
So, ecash is useful then!?
🫂
So is my custodial lightning tip bot xD
But indeed it's better to just do a non-custodial CoinJoin to avoid the confiscation risk at a central key holder!
How will they find out about the volume?
Mints have to have deposits to issue ecash. So, just track the deposits on chain.
