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Replying to Avatar M0053

Oh, I never said it wasn't amazing. I think the concept of chaumian mints is excellent. And there's all kinds of use cases for it. I just don't think we're done looking at it carefully yet. It fundamentally changes UX/UI. Since it requires absolute trust in a single authority, (Fediments notwithstanding) I think it could be most useful when issued by banks of some kind or another. But even just that turns the entire Bitcoin ethos on its head. This doesn't mean that cashu is not a useful technology and that that exact use case would not serve lots and lots of people. Bitcoin is hard to use. This - under the right circumstances - could be easy to use.

@jb55 Made an airplane example a while back that gives a great idea of just ONE detail in a new attack surface...

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Simply Nostr 6mo ago

The part I’m hung up on is you can send ecash to a lightning wallet , and you can send lightning to an e cash wallet

They are both sats

Ecash is sats right?

Just not self custody

Idk I think what I love about it is the no kyc

And for onboarding new users because at first they might not wanna have to pay to open a channel….

What am I missing?

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Tim Bouma 6mo ago

I’ve abstracted it all to ‘funds’. I don’t care whether it’s lightning or ecash.

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