You purchase tokens by **depositing** bitcoin and **withdraw** bitcoin by redeeming tokens.
Never said there are accounts.
The ecash is a bearer instrument that you purchase with bitcoin. You don't deposit and withdraw. There are no accounts to withdraw from. You redeem tokens which were purchased previously.
Unless I misunderstand how it works, I'm an ecash noob. Happy to be educated. nostr:nprofile1qqs9pk20ctv9srrg9vr354p03v0rrgsqkpggh2u45va77zz4mu5p6ccpzemhxue69uhk2er9dchxummnw3ezumrpdejz7qgkwaehxw309a5xjum59ehx7um5wghxcctwvshszrnhwden5te0dehhxtnvdakz7qrxnfk
You purchase tokens by **depositing** bitcoin and **withdraw** bitcoin by redeeming tokens.
Never said there are accounts.
If I buy gold from my local gold shop with dollars, give it to my friend, and then he sells it back to the gold shop for dollars, that is me depositing dollars to the gold shop?
Better analogy: https://en.m.wikipedia.org/wiki/Hawala#Procedure