It seems to require extra steps. Some humans are lazy. Others are used to simplicity and convenience. What’s the sales pitch to get people to use it? Is it convincing enough? Some people are skeptical of Bitcoin. How does one get people onboard with Cashu? I’m personally not convinced to use it but someone can change my mind.
Discussion
Privacy first
Ok but Some people don’t care about privacy. They’re still on Facebook. Is that the main selling point?
yeah pretty much, if you are using a custodial lightning wallet and you’re happy with it, then there’s not any huge benefit to using ecash
i see it as an extra value add as a merchant for customers who care about privacy.
It won’t work as a retail tool because merchants need assurance of settlement. Lightning is better for that purpose. If you as a customer want to pay with ecash over Lightning it still works fine, but there’s no reason for a merchant to have to connect to a random mint to receive your payment because it adds unnecessary friction and risk.
Cashu gives new users a free lightning address
They can immediately receive sats over lightning wihout a ln channel
Once a user has enough ecash they can open a channel
That channel can then be closed and those sats are on base chain
Cashu lets users work down the layers, not up, which can open huge potential for those with no sats. There is a hardware cost and education to run a lightning node.
Better trade offs than a normal custodian
Users who share the same mint can have a circular economy inside the mint with no fees and excellent privacy.
This is a valid statement… “There is a hardware cost and education to run a lightning node. “
How will it be addressed for the average user? All of this seems cumbersome.
Cashu alleviates those hardware costs. Education can be free. It takes a minute to understand but once it clicks it is a useful tool
I agree that education can be free. Where are those documents and don’t point me to Github? Most people don’t go to Github to get educational materials about products. 🙄
I learned on nostr and speaking directly with the devs
