LN is part of it (and a rail that Cashu uses too). Cashu mints are like banks. They accept collateral (Bitcoin) and issue tokens (vouchers / “bank notes”) for that collateral.
They “could” conceivably be fractional, and as Hal rightly said, people may trust/value tokens from one mint less than another.
This is the worst explanation to sell cashu. Sell it like a traditional bank is bs. Little merchants or big companies can use it to sell their vouchers as cashu ecash, very good use case and better than talk this is a bank with bills, bs.
You do realise that David Chaum’s original eCash concept was designed for traditional banks to use, right?
Cashu enables both use cases and many more. You can’t “sell” all use cases at once because each audience has different needs.
This post simply highlights how Cashu enables Hal’s prophecy.
