Seth For Privacy @Seth For Privacy - 1y
If the only solution for Bitcoiners to have private payments is custodians (be it e-cash, Fedimints, etc. as is all the rage) then Bitcoin will simply be dead for me. Feels like the ultimate cop-out. Custody is the line in the sand that cannot be crossed. Custody not only opens up immense risk for loss of funds, it also makes these tools far less resilient to adversarial environments. Can "they" stop every Bitcoiner from keeping 12 words safe? No. Can "they" stop a few popular mints from operating? Absolutely.
Same timeline: tons of anonymous mints rugging users because it's literally free money. Incentives are so broken in ecash.
Yeah just closed beta Cake for now but out publicly soon. That will be the go to for a while it looks like!
calvadev⚡️ @calvadev⚡️ - 1y
💯
sommerfeld @sommerfeld - 1y
Interesting that a "Shitcoin wallet" is the first mover on this. Says a lot about the state of the bitcoin space.
Louferlou @Louferlou - 1y
Blinded path and PTLC would make LN payment much more private. Not perfectly private but enough if you are not an Al Capone type of criminal
