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2024-06-13 22:55:09

Ava on Nostr: Just a heads up for those of you who shout "shitcoin!" when I mention Monero, and at ...

Just a heads up for those of you who shout "shitcoin!" when I mention Monero, and at everything that's not Bitcoin.

**Cashu** is **eCash**. **eCash is not Bitcoin.** eCash is a cryptocurrency that was forked from Bitcoin Cash, which itself was a fork of the original Bitcoin blockchain.

**Fedimint** uses Bitcoin and eCash tokens (referred to as fm-BTC or fm-sats) within the Fedimint system.

"The money "fm-BTC" held by the user are actually "digital bearer certificates" or "eCash notes" stored on the users phone."

eCash was developed by the Bitcoin ABC team, the same group that created Bitcoin Cash.

I urge you to get over any parroted monolithic toxic BTC ideology you may still be holding to.

eCash/Cashu likely has its place as a more private, non-techy custodial solution on top of BTC, though it does come with very real risks of custodial rugpulling and malicious actors.

It is NOT Bitcoin.

Monero doesn't need a second layer; it's time tested and private by default on a protocol level.

Stack sats, test L2 solutions, use Monero.

Thanks for coming to my TED talk.

#cybersecgirl

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