I'm more impressed by #cashu than I expected. I used to be really turned off by the tradeoff of relying on custodial mints, but:
I value the high speed, low fees, and privacy benefits. (The custodian themselves has zero visibility into your activity.)
Offline-capable lightning addresses is absolutely killer. As is the ease with which you can make lightning payments from a cashu wallet like Minibits.
The speed with which you can start accepting lightning payments through Nostr using npub.cash is insane.
It makes a lot more sense when you think of cashu as a spending wallet. Indeed it should probably warn on larger amounts (maybe it already does.)
Sure, you can get rugged and lose some pocket change. But as webs of trust grow - and surface - around mints, I don't see this being a major issue.
So, we'll see how this goes. 😎
#bitcoin
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