In my view, Fedimint and Cashu have different goals and can complement each other very well.
Discussion
Yes, I know.
In a potential use case for Cashu mint in a small community, I would like to hear your opinion on this. Also nostr:npub1a8jzweysxa9qmtmht874736aalm0lwdsl306nrys9d05ktlrhw3qcr5pj4
Let's say we have a small shop in a small town. A general store.
People of that town used to buy always there and know the owner, is their neighbor. So there's some trust between.
So let's say none of the people have sats, they still have fiat.
1. The owner of the shop start to setup a LNbits + Cashu mint for his shop. All fine. Still he need fiat to buy stock for his shop.
2. He start offering to his customers a 10% discount if they buy stuff with cashu mints from his sats.
3. He offer to his customers to buy these ecash with their fiat and then use the ecash to buy from his shop items. That means the his mint will not be "burned" but continuously used "internally", without even need to broadcast those txs.
4. He will use the fiat from selling ecash tokens to buy more stuff for his shop, keeping his sats practically.
5. Customers also could use those ecash in other places to buy stuff, but in that moment, they will "burn" tokens from shop owner mint. For them will be the same value, but the owner will have put back those "burned" tokens into his mint, in order to have the same reserve.
Now come the interesting part. I know is not ready, but I want to know if is possible.
1. Owner have a LNbits instance, linked to his LN node funding source or whatever other source, it doesn't really matter, important is that he have some reserves to start that Cashu mint.
2. What about starting a 2nd LNbits instance that will have as funding source the 1st LNbits instance, but using the Cashu mint as funding. Then all the customers using that mint could even have an account on his 2nd LNbits instance, using it as a ecash /LN wallet.
How do you see this scenario / use case?
