Extremely high solar activity this weekend, this Aurora thingy is one of the few pros of that ;-)

Plausible. Nonetheless, "videos" are not scientific proofs.

This USD ecash tokens in Cashu feels like magic to me. Agreed, USD is a shitcoin, fair enough.

But ecash is probably what normies will use as they first land in Bitcoin and Nostr, thus reasoning in fiat-shitcoin is probably more comfy for them.

Feeling thrilled for what's going on with cashu!

PS. If you've a stable sats compatible mint, you're definitely a shitcoins transmitter with licencing needed. Okay, now we can joke about it, right? RIGHT?

Feels great running that apt command. Nothing like it on pacman

caahu.space is a great place to start learing it

Cashu is NOT sats. A Cashu token (usually called ecash or "nut") is just a token, an IOU, a "voucher".

The nice thing about Cashu Protocol is that it creates a standard for some providers (mints) that are Lightning nodes to create ecash pegged 1-to-1 with sats. So if you go to a cashu mint to get some ecash the mint will ask you to pay an invoice of X sats, you pay the LN invoice and the mint returns to you X ecash tokens. The mint promises to let you redeem the tokens 1-to-1with sats.

This is how the cashu protocol works

Orange pilling with ecash is totally a different experience!

No fee, send money over soy no coiner messaging applications, even a rock knows how to copy-paste

Cashu is rock!!

It definitely has

I've been testing a bit GBU taler, an ecash system for fiat currencies that is "compliant" with AML and other legalese gibberish.

Altough the experience is pretty similar to cashu, it's clear that Cashu is way way better.

1. First of all, Cashu is sitting on top of an open protocol that is LN, which means that intra-mint transfers are doable into a blink of an eye. In GNU taler (as fiat implementation of ecash) you cannot do it at all, you still need for the bank transfer to go through. Which leads to the second point...

2. Fiat ecash max spends are limited to tge balance of the single mints and there is no chance to batch multiple mints balances to pay an invoice. Cashu is on LN, multi party payments are possible.

3. Fiat ecash applies blinding criptography to senders, but receivers are still de-anonimizable.

4. Fiat ecash is a shitcoin build on a shitcoin

My conclusion is that up to now we are running faster and doing better than our fiat enemies. This GNU taler thing is financed by the European Commission btw, so they are keepin up, we are not done with the battle.

PS. If wey work on ecash systems that means that the pRiVaTe bLoCkChAiN idea is already into the trash...nice, even the dumb regulators understood that the real revolution is not bLoCkChAiN

The guy cannot understand the difference between double entry accounting and cash-like transfer

Dammit, you're an ideas volcano mate

fkng brilliant

I mean, the issue with his assumptions (that are really not his assumptios but a well known vodoo god-like belief of blind technologists) is that theg do not take into account tail events. Like a global war, for instance. Or the invasion of a country that owns the 80/90% of the esportations in chips (as the Taiwan/Chinese drama).

These events terribly change the forecasts outcomes but we cannot really model the probability these events.

Thus, population growth is still a preferrable situation.

Very based indeed. She's the one that lives on the shoulders of DOJ btw.

Yes. We must puah for it. Ecash in not decentralized as of now btw :-D

People cannot hear you when burried under an orgy of NGU soyers

I guess he's burried under legalese papers to get the Money Transmitter licence lol

Are you in their legal team? We don't really know if they've been subject to pressures, when the pressures started, if threats were made etc. "Barely made a move" isn't fair...businesses cannot ***fight*** as anonymus users in social media.

We still have Joinmarket, btw. Joinmarket is the real decentralized market for bitcoin UTXOs'.

Technical soyanalysis: vodoo ritual for westerners

Fkng Microsoft tax in there