He’s an ecash hater too tho…to be fair 🤣
Discussion
why does everyone need to be into ecash? it has nothing to do with bitcoin.
I never said everyone needs to be into ecash… and it has a lot to do with bitcoin
You’re dead wrong…
no, i’m not wrong.
Its only connection to bitcoin is that some implementations piggy back on lightning for interop, but that is optional. It doesn’t need to use bitcoin at all. You could have buttcoin tokens.
it’s just data that has no value, its just an entry in a non-bitcoin database. It’s a shitcoin.
It only becomes useful when you convert the worthless token to real bitcoin. Then you’re back in a territory which is more interesting to me
It’s the same reason i am not interested in wrapped bitcoin on ethereum. Because it’s not bitcoin.
hate is a strong word. I simply can’t think of any interesting use cases for it, at least for things i want to build. I like lightning’s finality and non custodial properties better.
I love lightning too. But There are tons of interesting use cases for ecash. Your crazy lol
Try doing lightning offline .
Or how about when the lightning network fails all the time my local meetup is already saying ECash is a better solution….
ecash sats
Basically there is lightning sats and ecash sats but they are both bitcoin.
So when u say it has nothing to do with bitcoin. That makes me think what are you smoking?
Not the shitcoin… *
you can trade worthless tokens offline, go for it. It’s not real until it’s in a utxo you control.
I can meet you offline and share ecash tokens worth 21 million bitcoin. Unfortunately you won't be able to redeem them for bitcoin once you are online.
đź‘€
It’s not for savings or even large amounts
It’s for small payments
Being more private
And more reliable
Or in the case of no internet
Or onboarding new users to lightning ⚡️ that don’t wanna pay to open a channel…
I’d never have a large ecash balance cuz u can get rugged
The same way growing up you wouldn’t want a ton of cash in your wallet because it could get lost or stolen..
Just enough to go out to eat and spending money.
Everything else ya on chain or at least self custody lightning ⚡️
In the example of 21 million bitcoin… ya obviously u wouldn’t be able to redeem…. But that’s not the point
It’s for small payments
Fast and free like lightning
It’s definitely a better custodian
Self custody is better but jb55 is in denial or has no clue… idk which
no its knowing that we can do better and putting all my time and energy into making it easier for people to hold bitcoin and use bitcoin software non-custodially.
one example of this is lnsocket and #clndash, a way to make it easy as possible to connect to your nodes, if you choose to go that route.
the fact that ecash cultists get mad that I'm not interesting in custodial tech is crazy to me.
Agree to disagree
But I love the work your doing and keep it up
you disagree with how I choose to spend my time, that's nice.
No you can spend your time however you want obviously lol
I disagree with you on knots and ecash
Big time tho
I maybe have 100 sats in ecash
Not a cultist.
But you saying it has no use cases and nothing to do with bitcoin is completely false.
I love ecash
But all my shit is onchain mainly
I love knots
But I run core
I think ecash is great
I think knots is great
I disagree completely with jb55 on this
I can literally zap you sats with ecash
How does that have nothing to do with bitcoin?