Replying to Avatar ᴛʜᴇ ᴅᴇᴀᴛʜ ᴏꜰ ᴍʟᴇᴋᴜ

lol, holy bitcoin

no, actually, the mint can just turn off the server and the owner has full control of the onchain and lightning wallets behind it, and can go off and do whatever they like with it

just like robber barons.
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Kevin's Bacon 5mo ago

That's the same thing as frickin' normal ass free banking with gold.

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Kevin's Bacon 5mo ago

The cashu token is not so much bitcoin as it is a bitcoin substitute. A warehouse receipt for real bitcoin with a company that promises to redeem it on demand.