Replying to Avatar goatmeal

even if ecash mints were aduitable, it's not going to retroactively protect anyone. even if you can see who stole the cookie from the cookie jar, the cookie's still fucking gone. nothing stops them from stealing the cookies in the first place. ecash is a regression.
2f
2f5de000... 1y ago

I thoight the mints have blind signatures so they wouldn't know who to steal from in the first place, right?

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goatmeal 1y ago

they can steal from everyone and nobody would notice until people decided to withdraw their money. they could all be doing fractional reserve right now. it's the same thing as fractional reserve banking and it's similar to an exit scam. it circumvents the 21 million coin cap.