MichaelJ on Nostr: It seems that the problem with ecash is that it requires you to trust a 3rd party ...

It seems that the problem with ecash is that it requires you to trust a 3rd party like you would a bank, but without any of the insurance or legal protections for your assets that exist with a real bank.

quoting
nevent1q…fz3g

It does but as Silberengel (nprofile…ykzg) said, requires a LOT of trust. Unless you run your own mint of course. Which requires running lightning and now we're back at square one...