I agree with your point about #cashu.
But the nice thing with bitcoin is that you can use it the way you want and that #bitcoin is for enemies.
I'm trying to be optimistic and find the benefits here, but having a hard time.
- It's #custodial.
- No #privacy guarantees.
- Discouraging #P2P transactions, and using corporations instead.
It seems exactly the same as fiat, except you're giving them your #Bitcoin without even enabling a decentralized circular economy...
At the very VERY least, #cashu needs to become the basis for custodial solutions.
Source: https://x.com/BitcoinEkasi/status/1851625973382279475
Discussion
I agree, it is permissionless after all.
However, what's effectively happening here is, we're giving our sats to the enemy so they can make payments on our behalf, if they so please.
Meanwhile, we could technically make the payment ourselves.