because he is promoting a technology enables rugging people
and it's a pure redux of late 19th century wildcat banking
the trust requirement for ecach is extremely high, and teh privacy protection is outside of the contrtol of the user, it is trust again, that the mint issues non-identifiable tokens
i can see how it is useful but it should NOT be mistaken for money, or cash, it's a voucher, a token, it's a shitcoin, to put it simply