i got calle to admit one time that ecash was precisely the same as a wildcat bank... but he never really changed his aggressive marketing to be more moderate and remind people that you gotta trust mints, and not just their honesty but their ability to maintain their infrastructure
Discussion
Yeah or just don't trust them (too much) and just put a few bucks in there so it doesn't hurt when things go south.
that's close to a shitcoiners mindset.
trust in a world of trustless protocols? Yeah, NO.
I put about 10k sats on fountains custodial wallet to pay for podcasts.
I can afford to loose them.
The convienience is worth it.
It's like money in your leather wallet.
You risk to loose it or some pickpocket steals it.
So what? That's why most people don't put 1k $ in their pockets.
That's nothing to do with shitcoins, it's risk managment and game theorie (fountain can gain more in the long run if they don't rugpull people for 10k sats).
Its never sovereign when someone else’s money is pushing an agenda
