These definitions need to be cleared up again and again. Ecash is a bearer asset (self-custodial) for itself, but not for the bitcoin it represents.
If a mint gets widely used, but still there is permission and a fee to withdraw to bitcoin it could be priced in (meaning it would worth less than the bitcoin it represents).
openoms
npub14t…shy62
2024-01-28 10:33:01
in reply to nevent1q…lady
Author Public Key
npub14tq8m9ggnnn2muytj9tdg0q6f26ef3snpd7ukyhvrxgq33vpnghs8shy62Published at
2024-01-28 10:33:01Event JSON
{
"id": "1e6efc98eef4644826c2929b5fcacb440e9e934a630a6057ca86a1df9af77446",
"pubkey": "aac07d95089ce6adf08b9156d43c1a4ab594c6130b7dcb12ec199008c5819a2f",
"created_at": 1706437981,
"kind": 1,
"tags": [
[
"e",
"1cda1962c1d56fa281141aac7c2db43230c64a2beda11643653dbd13604ce6d2",
"",
"root"
],
[
"e",
"6165ce52625ab75f41d4005f633ae4a17b15620263091ebb9c45a0bc07ce3377",
"",
"reply"
],
[
"p",
"aac07d95089ce6adf08b9156d43c1a4ab594c6130b7dcb12ec199008c5819a2f"
],
[
"p",
"50d94fc2d8580c682b071a542f8b1e31a200b0508bab95a33bef0855df281d63"
]
],
"content": "These definitions need to be cleared up again and again. Ecash is a bearer asset (self-custodial) for itself, but not for the bitcoin it represents.\nIf a mint gets widely used, but still there is permission and a fee to withdraw to bitcoin it could be priced in (meaning it would worth less than the bitcoin it represents).",
"sig": "7d88ba33c2b1629c3c314ce921d137a22ddd9af4b4f102cb8f297766f10bd2955628c10114a8236822510784528a0ad69c5bda68b68fdae86d207c1e8c086ec5"
}