Replying to Avatar /dev/fd0

What is custodial BTC?
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Keychat 5mo ago 💬 1

BTC on a centralized exchange.

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/dev/fd0 5mo ago 💬 3

An anonymous cashu mint is surely riskier than a centralized exchange.

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m00ninite 5mo ago

An exchange could be a cashu mint, which is strictly an upgrade. I can't imagine the Coinbases of the world deploying such privacy-first technology though. Govts would immediately slap them down.

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StellarStoic 5mo ago

That's why you use the ones you trust 🤷

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/dev/fd0 5mo ago

It's the same with exchanges. You use the ones you trust.

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Jimmy 3mo ago

A cashu mint cannot rug pull you specifically or prevent you from moving your assets. An exchange can do that, per user basis.