Basically, it's kind of like getting to mint bitcoin bills of any denomination (in sats) you want and then whoever has the data associated with that bill (token) can redeem it, once its redeemed its gone and that person has the sats in their aown cashu account with the mint its associated it
Discussion
In other words, its like if you find a five dollar bill on the ground outside, you can't know who used to own that bill unless they handed it to you and the US Treasury also doesn't know who has the bill now or anything about whats happening with the bill
I know what it is.
But I’ve seen this movie before. It doesn’t end well.
All my less than humble opinion.