and as far as Blackrock goes I suggest reviewing this video by Andreas
Discussion
For sure. Custodial Bitcoin is not real Bitcoin 🎯 BlackRock and anyone else for that matter are welcome to try to fundamentally change Bitcoin. In my opinion it is already too late for them to succeed.
which isn't the point he makes at all dude.
except maybe in passing.
watch the video.
"Custodial Bitcoin is not real Bitcoin"
Yet you suggest Cashu as a real alternative for using Bitcoin privately...
Just wait until they learn that lightning network is also not bitcoin, and just another coin together with some other technology that is pegged to something else.
Those guys are religious blockheads. I'm wondering how many of those work for federal agencies to spread such mass ignorance to the population.
I suggest to use it for specific use cases when needed, not to store a large portion of your wealth in it and replace your main net Bitcoin holdings.
This statement holds so much cognitive dissonance. You also use "shitcoins" and can't see it.
While Lightning and Cashu are objectively inferior to main net Bitcoin, at the very least they are natively convertible to BTC and track it’s performance. Hence they are still better than any other completely separate shitcoin
Cashu is a shitcoin by another name. It's literally an IOU that can rug you at any moment, infinitely and arbitrarily printable by the mint, and permissioned to redeem back your Bitcoin. It's a useful shitcoin. But you're still using a shitcoin.
If you can understand that then you can understand why other users find other shitcoins useful for other things.
Unless they claim those shitcoins being the superior form of money, I don't really care.