<oembed><type>rich</type><version>1.0</version><author_name>₿log (npub1wk…u5u0t)</author_name><author_url>https://nostr.ae/npub1wkljx5c6a8uccc5etws8ry0y3r4dgavh2dcav0tal4rtmcdl4z2sfu5u0t</author_url><provider_name>njump</provider_name><provider_url>https://nostr.ae</provider_url><html>I used to think monero was better than bitcoin for privacy,  but now I know monero is not necessary.&#xA;&#xA;We can achieve privacy using chaumian e-cash instead of a blockchain.  What&#39;s more, these e-cash solutions are interoperable with the lightning network. &#xA;&#xA;The steel-man argument against this is that chaumian mints require some trust. &#xA;&#xA;This is true, but Bitcoin is a peer to peer electronic cash system that requires no trust. We can trutnthst there will never be more than 21 million #bitcoin. Every other blockchain is an attempted breach of that trust, an attempt at debasing bitcoin the same way governments have debased gold by adding other metal to it. &#xA;&#xA;That&#39;s my two sats.&#xA;&#xA;I would rather trust a few thousand sats with an e cash provider than try to debase the p2p electronic cash system that bitcoin is.</html></oembed>