My god, this makes me so bullish.

https://void.cat/d/NJVJy3vbRFH2YAoWKLkMdc.webp

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Even *I* managed. If only you knew how significant that was.

Should users put in only amounts they are willing to lose, cashu being custodial and all?

Or am I missing something here?

Yes, just play around a few $ worth. This is still in beta! But the potential for privacy is massive 🎉

Cool, I need to dive in deeper then!

I do have a huge concern about this. These mints are doing what a real mint does; they are taking a commodity/asset/collateral (Bitcoin) and issuing IOUs/debt/CURRENCY.

It's not fiat, but it's the same as when a government takes gold and issues paper currency redeemable for that gold.

It's also centralized, even if an individual runs their own.

This seems like it's just ASKING for trouble with governments.

#[2]

Pretty damn cool!

If ln is the baselayer what’s onchain called?

Onchain base layer it’s all the same.