Thanks for sharing!

“Last-Mile Sovereignty

The Bitchat-plus-ecash model widens bitcoin’s surface area without tampering with its monetary policy, showing that hard money can be used in contexts where payment speed is important and internet connectivity may or may not be available. All the while, the ecash tokens used for payment are bearer instruments that remain anchored to an incorruptible base.

To get there, mint implementations need rigorous reputation management features and proof-of-reserve functionality so that users can understand how much counterparty risk is introduced by the mint. The end-user app itself must present ecash payments in a familiar interface, turning ecash payments and bitcoin redemptions into ordinary taps and swipes. If the user experience of this technology can be developed to the degree that it can be readily used by non-experts, it could do for payments what Nostr aims to do for speech: extend the reach of permissionless systems all the way to the physical edges of daily life.”

nostr:nevent1qqsv0z4xvtpq535fap6yvakuuaax2qa9923uajlwlvj3egvsz7whusszyqn4flyx944upd7rjugyvcfdjsjk85vpcxr68y0psrkkkq8cpel9kqcyqqqqqqgpp4mhxue69uhkummn9ekx7mq59sru5

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