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I read it. It doesn't explain why it's a scam other than something something covenants. It's really just a rant about Bitcoin purism.
Maybe I'm just getting soft in my old age.
Yes it's not a panacea but it does solve a lot of issues. Tradeoffs etc.
it does solve a lot of issues
It doesn't solve a single issue, introducing trust and centralization are not solutions. You can do that without crypto theater, that's what makes it a scam, crypto theater pretending to solve issues.
Wheres the trust? Funds are not custodied by the SSP. A user can unilaterally exit at any time.
Wrong, that's only the case if you make a chain payment to it, which you wouldn't because you could just use a regular chain wallet
It's used as a fake lightning wallet, which requires completely trusted swaps. You pay their invoices and hope for the best. Even then, the swap provider is the same party as the ssp for collusion.
These are dishonest people telling obvious lies, you buying their crypto theater propaganda unquestioningly is a terrible look.
It solves nothing. Just fooling people.
How is it fooling people? It's all pretty transparent imo.
yeah pretty transparent
just read the link I posted