#Bitcoin is uncensorable because you can'…

#Bitcoin is uncensorable because you can't turn it off.

However, if you bought your Bitcoin through KYC, the government can see your transactions, and censor you or other parties (like the banks) from interacting with you.

#eCash is ruggable. The mint can turn off.

However, with eCash, the mint can't censor you personally. All they can do is turn the entire mint off, or keep it running. Those are their two choices. There is no database of who has what. All transactions are completely out of band.


A fascinating set of trade-offs from calle 👁️⚡👁️.

So imagine you had a fedi-mint with 1,000 well known custodians, and at least 333 had to go bad in order to rug you. How comfortable are you?