e-cash is a bearer IOU for an underlying asset, which in some cases is Bitcoin and others fiat money. let's be real here.
Discussion
E cash is custodial bitcoin. That's it.
Its still better than Coinbase because of privacy but the people won't see that until we have a consumer friendly product that USES e cash, not an e cash product that is user friendly.
Think kagi search.
Kind of crazy it even needs to be said. Are people really that dumb?
Like, if it was bitcoin, it'd be called bitcoin and not cashu...............