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Replying to Avatar jon doe

Good if users can admit that...

Ecash is NOT:

1.) Bitcoin, it is a custodial, permissioned, private token system

2.) A layer 2 to bitcoin. It is an alternative system which uses bitcoin in it's design as a tool, but is essentially completely separate to bitcoin. It's existence is admission to bitcoin's shortcomings when it comes to scaling.

3.) The answer to everything, and though it does offer privacy, it is still custodial and permissioned. Trade-offs should be considered.

The 3 points I chose to highlight do not say Ecash is bad. But any kinda maxi can be annoying if they are unwilling to be releasitic about facts and tradeoffs. This of course applies to BTC as well :)

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Greeny 8mo ago

🤣

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