nostr:nprofile1qqs9pk20ctv9srrg9vr354p03v0rrgsqkpggh2u45va77zz4mu5p6ccpzemhxue69uhks6tnwshxummnw3ezumrpdejz7qgwwaehxw309aukzcn49ekk2tc77aupg went on a rampage of dunking on “but ecash is custodial!!!!!!” fud and I’m loving every minute of it
Discussion
This is for the devs. It's ok when people complain. When your project catches on and reaches a certain level of use, you will be faced with an infinite stream of complainers. There's no way around it. There is an infinite supply of negative people who don't build things but just type comments. You must understand that their opinion does not matter to you. Otherwise you will be crushed by the negativity that will surround you 24/7.
You have one job: find those complaints that have actual merit. They are very rare, and most of the time they do not emerge from an angry person but a calm one. Filter information that you can make use of and ignore the rest.
What I can tell you with 100% certainty is that the complainers don't matter. They do not determine your success or your failure. They are not your target users. Compared to them they are a tiny minority. You aim for the rest. As long as you stay truthful to yourself and to your users, and as long as your product is useful to them, you will grow.
Note: this post makes it sound like that there is only negativity out there which is absolutely not the case. The vast majority of interactions you will have our positive and encouraging. Also, go to conferences. All the tough guys online are sweet like puppies when you meet them face-to-face.
I kinda wish they'd exclude custodial wallets from their profile when talking about that. lol
So ecash isn't custodial?
It’s not self custody
It’s for small amounts like spending money…
You can get way better privacy using ecash vs something like cash app or strike where they kyc you.
E cash is no kyc
It’s sats
You can do offline payments
It’s really cool but yea not for large amounts because a mint could rug you.
It’s not your funds until you sweep them to like a self custody lightning channel
I don't use cash app and strike. Offline payments can be used to scam merchants.
Maybe do some research lol
My only point was that ecash is better than kyc wallets like wallet of satoshi for example
WoS is no KYC — it's custodial.
I feel like everyone is missing my point here lol
Ok so a lot of people use lighting wallets that require them to dox their identity
For example primal wallet , cash app, strike,etc
That’s not private because your identity is tied to the sats
With ecash it’s a better option than a lot of those lightning wallets that require you to doxx your identity
It’s private
So for like a hot wallet / spending wallet
You gain privacy using ecash,
That being said it’s not self custody
Your trusting the mint
They could rug you….
So it’s like having 50 bucks in your wallet
If you loose your wallet it’s not the end of the world
Its a better custodian
Self custody lightning is the way.
But if your trusting a 3rd party anyways - ecash offers more privacy
nostr:nprofile1qqsr9cvzwc652r4m83d86ykplrnm9dg5gwdvzzn8ameanlvut35wy3gpzdmhxw309aex2mrp0yhx5c34x5hxxmmdqyg8wumn8ghj7mn0wd68ytnvv9hxgqgswaehxw309ahx7um5wgh8w6twv5kyxy3k went on a rampage of promoting NWC and I’m loving every minute of it