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Replying to Avatar Lyn Alden

I observe that it's a somewhat unpopular current opinion in maxi circles (and I love maxi circles <3), but I think Taproot Assets are indeed potentially useful for stablecoins. We'll see how it shakes out.

A lot of people have ideological beliefs about what "should be", but for people operating every day in developing countries with high inflation, a bitcoin wallet that has BTC and USD, and lets them skip Binance/Tron, could be really useful. There's real market demand for that.

Do I want shitcoins on bitcoin? No. But I think they'll burn themselves out anyway. In the meantime as a bridging tool, dollars on bitcoin would meet a real utility demand and benefit bitcoin adoption overall.

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CitizenPleb 2y ago

So then what’s all this ecash business all about? Does it not fill a need, or is it still dollars for the rest of the world in the medium term?

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Lyn Alden 2y ago

Ecash makes for private and efficient bitcoin.

And you can combine stablecoins with ecash mints. Ecash mints can hold stablecoin taproot assets.

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CitizenPleb 2y ago

Right on. That makes sense. 🙏

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goodcharity 2y ago

What do you see as the easiest way to play with ecash currently? Cashu?

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