Ecash

The algorithms addict us to brain rot and make us fa- mad at each other.

But when most people talk about solutions, they usually talk about quitting entirely or getting regulators to make these companies behave better.

Neither changes the underlying incentive.

The company makes money by keeping you scrolling, and it knows you won't leave because everyone you know is there." So kind of continues on and gives his a- his opinion on that, as well as other types of social media, but it's a good read and nice to see Chaskin, um, sharing, sharing that.

Um, I missed this one from Kenny: "Is constructive criticism allowed in Singapore?" Um, and then he had written this a couple months ago: "GM network school makes the same strategic mistake as early digital cash companies, eCash, Egold, were directionally correct about non-state money but were too centralized.

Balaji is directionally correct about the need for a non-s- state states, but this is, this experiment is too centralized." And I, I don't know if he'll see, see this and comment on it, but I'll be curious to kind of ask him about this also, because I think that he commented about this when he talked with Vitalik, and I shared that interview where he said he wants 100 network states run by 100 other Balajis.

Like, that he doesn't want...

Um [laughs]

Well, I would say that no one is on the cutting edge of building out internet resistant or solutions that are resistant to internet shutdowns than Bitcoin builders.

So a great example I think you're referencing is eCash developer Kali and his team at Cashew.

They are building some of the most cutting edge tools that use mesh networking, Bluetooth and things like that to send eCash, which is ultimately a Bitcoin solution.

solution that enables for this kind of peer to peer cash transfer in a way that is highly privacy preserving, very functional, even in environments without direct Internet connection and ultimately allows people to access their Bitcoin when they're in a you know, a more secure environment.

So it's a really great, you know, kind of resource that is being built there.

Go to hrf.org. Click the donate button.

You can actually donate Bitcoin over our self-hosted BTC pay server.

We accept Lightning, eCash, silent payments.

and then...

Yeah, we were talking about how eCash can really use anything as its backend.

And so why can't we use Monero as the base layer? And then you issue MCash tokens on top of Monero.

And so similar to like with Minibits, you can send base chain Bitcoin and you can withdraw eCash tokens or send a Lightning transaction.

You should be able to send base chain Monero to mcash and then create like a an instant uh settlement private chow mein e-cash tokens on top of that

yeah no and that'd be huge because you you know what i did before i did the uh i had to convert some error to bitcoin before i did the the uh the actual top off and many bits because that was easier than dealing with the you know some of the other routes um But no, just be able to do that in Monero.

I have to go into the depths of someone who went to Stanford, was in Google Brain and all of this.

So I think as you kind of connect all these dots and you start going through the way all this plays out, the backward side of the power and the electricity side and how it connects back into this they're all related to ai and crypto being synergistically the thing that matters the most in the next decade have you looked into e-cash at all I have not spent enough time on eCash.

Looking at

eCash, the double-blinded signatures, I think that if you're looking for velocity, I think eCash is a much better suited than Zcash.

I don't know what the Zcash L2s look like, but eCash gives you that perfect privacy, but the speed at which you can transact, particularly for agents, and I've given my agent an eCash wallet.

Mm hmm.

And it's funny just watching it go.