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@ goatmeal
2025-04-22 14:27:39
not using self-custody means it isn't bitcoin. you have opted out of the security model completely and now you are using an altcoin. they tricked you because it has a little B showing next to it or maybe inside the app your balance is called "sats," but you are still an altcoin user in denial.
the security model of ecash is essentially putting a tiny section of your foreskin into a paper shredder and hoping it's not plugged in. it's stupid and embarrassing. the amounts don't have anything to do with anything.
furthermore, maybe to you it's only a dollar's worth of zaps that you may have collected and you are just gonna stash it in coinos because you're lazy and the technology hasn't caught up yet. but to the mint operator it could become several thousands of dollars worth. you are deliberately using an inferior technology that completely fails to protect what could be a large amount of funds. what do you think a new person's impression of bitcoin will be after you convinced them to try keeping a few bucks in a mint and it rugs? they're not going to have any confidence. it should never happen.
this whole "small amounts" narrative also harms the privacy aspect. if you want to believe that mints are only safe for pocket change, then what good is this as a privacy tool? it can barely conceal a bag of potato chips. it can't be used for more serious situations where the user needs to conceal larger amounts of money for clandestine activities.
at the end of the day you are shilling an inferior form of fiduciary media that isn't actually bitcoin and you are just making excuses for missing or incomplete technology. it's not good enough and your complacency is showing. you should stop making excuses and demand better. you need to recognize ecash for what it really is. it's a ruggable toy or maybe a proof of concept. focus more of your attention on activating opcodes and the dirty work that is needed to deliver something that offers the same functionality but isn't ruggable. you can have something much better than this if you decide to drop the charade.