How do I verify that I am able to redeem deez nutz before I buy the card?
This could be us but you playing.
h/t nostr:npub13jhh5jpak3sltvh5mxxc84edq8c6scuyhtkevfa7j568jrkkscysj7c5sq
Discussion
Asking the right questions there. Short answer: you ask the mint.
Two ways: send Y to mint to check the state – or – and cooler – the nut is visible to everyone but you scratch off the private key to unlock it (P2PK).
First option is not for beginners, you've got to have something already. The issue with the second option is that I don't know what private key I'm getting, if any. There won't be scratch off cards for bitcoin, no matter what level because of the verification issue
When Apple is the mint, people would trust it. It‘s for smaller amounts and the tradeoff might be worth the privacy.
Yes I believe so too. ACME then has IDs on each scratch off card and forth. It's the price for lowering bitcoins energy level onto a physical medium, you've to introduce a third party that is operating within a legal framework. If ACME sells empty scratch off cards they will be held accountable.
And even IF you proof that the ecash token is valid, the mint could just not pay out any Lightning invoice and do an exit scam.
Lightning or ecash would introduce even more risks. Once we have involved a third party, we've already compromised enough and don't need to overcomplicate things. Straight on-chain BTC has the least amount of additional risks in this scenario.