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@proofofsk8 refuted his argument on Twitter, and it deserves to be seen by more people.

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1) nyms gain reputation the same as anyone else, by earning it

2) this argument is so tiring. users custody the ecash tokens. the mint custodies the bitcoin. it's not that complicated

3) writing down 12 words is not hard

4) honest custodians have massive incentive to run ecash

5) ecash does not prevent self-custody, it encourages it

6) FOSS devs *can*, *should*, and *must* work on a variety of projects for this bitcoin thing to work. you don't get to pick what they work on, they pick. improving custodians is massively important. maybe the #1 priority. nostr:note1kh6t0phx2shpnkd2qljrw0lvwunyg478ugtaz5av97lqqpjgjeqspfjhgs

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vnprc 1y ago

Thanks for sharing! Couldn't have said it better myself. 😉

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