Replying to Avatar Justin (shocknet)

The stack can use any backing currency, you can spin up ECash from literally nothing.

Banks are a proxy for government.

Reserves as still trusted and political, there's no cryptographic certainty.

Offers are not reverse compatible, there's also no meaningful privacy enhancement with banking scale mints.
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average_bitcoiner 2y ago

1. Sure. This what crypto has been doing. Is crypto a CIA op too?

2. Agreed!

3. Correct again! https://gist.github.com/callebtc/ed5228d1d8cbaade0104db5d1cf63939

I assume nostr:npub12rv5lskctqxxs2c8rf2zlzc7xx3qpvzs3w4etgemauy9thegr43sf485vg is an asset of the banks too for creating Cashu?

4. I know nothing of Bolt12 or Offers so can’t comment.

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average_bitcoiner 2y ago

Fwiw. Crypto totally could be a CIA/bank op to suppress bitcoin (as seen by FTX)

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Justin (shocknet) 2y ago

Crypto? Probably, sprinkle in Mossad, UFW, GCHQ, etc. (Fwiw tho I also think Bitcoin is an NSA white hat op)

Calle took HRF spook money so might just be a useful idiot.

The ECash libs already existed, not sure to what extent they've been improved. Cashu though does plenty of affinity scamming as a Bitcoin project, tsk tsk.