The more solutions along the on-chain to on-the-exchange spectrum the higher probability that one can find the right risk/efficiency bin that suits their use case.

The fewer bins, the more value goes in to the wrong bin, with a variety of negative down stream effects…

Fair enough! I will take it half back, then - will dive deeper into the protocol and see what it’s all about 😉

Hey nostr:nprofile1qqs9pk20ctv9srrg9vr354p03v0rrgsqkpggh2u45va77zz4mu5p6ccytv72v , I have been thinking more about eCash and its potential role beyond private payments. Given Bitcoin’s potential ossification and UTXO constraints, do you think eCash mints, if designed with some form of cryptographic transparency (proof of reserves), could evolve into decentralized community or family custodians?

Basically, a way to minimize reliance on large custodians or ETFs while keeping efficiency and some level of trust minimization. I feel like transparency at the protocol level (without affecting payment privacy of course) is the missing piece to making this viable.

I am specifically thinking about the holding use case here for non-technical family/community members rather than payments.