Bitcoiners: only Bisq should exist

Also Bitcoiners: why aren’t there more people buying Bitcoin?

Ai mare 😅

Chaotic good psychopath nostr zappers tried to take down LightningTipBot but they failed because of our advanced industry-standard technology and our trusted state-of-the-art advancements in the field of innovation 😬

It is a new paradigm, totally private money with no scalability issues backed by bitcoin.

And with federations we will avoid the custody problem.

Swaps between Cashu mints.

Swaps between cashu mints are great for increasing privacy from an LN observer's perspective.

First understand that as long as transactions are done with Cashu tokens within the same mint or between mints via swaps, privacy is perfect. In transactions within the mint itself, the mint does not know with whom the tokens are being exchanged, and in swaps between mints the receiving mint also does not know the origin of the swap, since the transaction is launched by the LN node where the first mint is located, and not by the user.

Finally, there is the case of wanting to exchange the token in the second mint. In this case the LN node where the mint operates performs a transaction towards our wallet or LN node, but from the point of view of an LN observer, if we use different wallets or nodes between the first mint (sending over LN to create the token) and the second one (redeeming the token through LN) there is no traceability.

Therefore, we can use swaps between mints to erase the traceability of our satoshis at a ridiculous cost since we only pay LN fees and you can add as many hops between mints as you want to add obfuscation.

I add a small diagram to make it clearer.

Swaps between Cashu mints.

Swaps between cashu mints are great for increasing privacy from an LN observer's perspective.

First understand that as long as transactions are done with Cashu tokens within the same mint or between mints via swaps, privacy is perfect. In transactions within the mint itself, the mint does not know with whom the tokens are being exchanged, and in swaps between mints the receiving mint also does not know the origin of the swap, since the transaction is launched by the LN node where the first mint is located, and not by the user.

Finally, there is the case of wanting to exchange the token in the second mint. In this case the LN node where the mint operates performs a transaction towards our wallet or LN node, but from the point of view of an LN observer, if we use different wallets or nodes between the first mint (sending over LN to create the token) and the second one (redeeming the token through LN) there is no traceability.

Therefore, we can use swaps between mints to erase the traceability of our satoshis at a ridiculous cost since we only pay LN fees and you can add as many hops between mints as you want to add obfuscation.

I add a small diagram to make it clearer.

Man I hate when people shit on LNURL to promote Bolt12. Where is Bolt12? What do you guys want us to do? Everyone should stop using Lightning and wait a few years until everyone has Bolt12 (aka LNURL+Tor)?

Just use what you have. Stop larping. Write code or stfu.

Has anyone already started running #nostr meetups? 🤔

Or do you just walk into shops and shout this statement proudly?

Knowing that P2P exchanges, Lightning and Cashu makes me always wonder why people are so obsessed with mixing onchain.

A los bancos centrales se les está yendo de las manos. El Banco de España ha sacado un concurso para contratar expertos en IT y... tienes que pagar para aplicar. Sí, el candidato ha de pagar simplemente para mandar el CV. La avaricia no tiene límites.

Need a test zap pls 🙏