So, lemme get this straight. ecash and Cashu are completely anonymous because there is no KYC at any point

Mind = blown 🤯

I can receive sats to me npub.cash and transfer them to any wallet and no one will know 😥 nostr:note1jfexpqvaumwl5uefeekkmu2qmr4r0ux696pys3sz0as2dg0pjwlsqe32u5

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I think you’ve got the core concept. There are definitely trade-offs, can’t get around it being custodial. However, it is likely to be a very powerful tool in this coming cycle. Cheers!

Cheers 🍻😀

Just be sure you understand the current experimental state of cashu as well as the custodial risk of trusting whichever node backs the mint(s) you are using.

Also the whole “no KYC” thing is just a temporary mirage. If it gains traction, mints will be held to the same laws as every other custodian.

The laws likely already apply, it’s just about risk of enforcement.

Yeah, because otherwise this thing would be totally off-grid 🤯

💯

yes. exactly...

Thank you 🙏

Love your bio “humans that use AI will replace humans” … it’s already coming true in web development