Hot take 🌶️ : nostr:npub1qtvl2em0llpnnllffhat8zltugwwz97x79gfmxfz4qk52n6zpk3qq87dze should drop the “non-custodial” claim and pushed for an cashu payout implementation.

1. Unlike centralization vs. decentralization, non-custodial is binary. Ocean by design does custody payouts after receiving rewards from the Coinbase - what they are doing is trying to minimize the length of time they have to custody the payouts.

2. The best thing a custodian can do in the bitcoin space (IMO) is allow their users to take self-custody as quickly and privately as possible, which is why what Ocean is doing is positive overall.

3. Cashu specifically is a purely custodial implementation that is fully interoperable with lightning and offers privacy guarantees that a custodian can’t normally offer.

4. Lightning lowers the accumulation barrier for withdrawal significantly.

5. Cashu offered by a custodial entity gives all the benefits of lightning withdrawal plus added benefits of cashu to user privacy and potentially auditability.

6. Cashu offered by a custodian has few (no?) drawbacks since the custodian is already custodial and cashu tokens could be withdrawn automatically via lightning at any time or frequency (including immediately).

Obviously cashu is in its early stages and may require more development, but will nostr:npub1qtvl2em0llpnnllffhat8zltugwwz97x79gfmxfz4qk52n6zpk3qq87dze take the plunge?

H/T nostr:npub12rv5lskctqxxs2c8rf2zlzc7xx3qpvzs3w4etgemauy9thegr43sf485vg for all his great work on cashu and pushing custodians to improve