.'s avatar
. 2 months ago
Cashu is just a protocol. You can use cashu to have ecash dollars, gold, weed. I don't see cashu as bitcoin anymore than http is bitcoin.

Replies (3)

unknown's avatar
unknown 2 months ago
Do a little extra research today. I thought the same thing before. After I did more reading It’s really not good. And shady AF. Fractional reserve banking with Cashu is a real thing.
Nah that seems misleading. Yes a mint can be corrupt in many ways, but unlike with the banking system you can just switch mints or run your own
Yeah, but I think it's okay, as long as you are upfront about this. I would like a wallet with the following features. 1. Cashu for amounts below 1,000 sats 2. Once 10,000 sats are saved, they automatically transfer transfer to Fedimint. 3. 100,000 sats are auto-transfered to Liquid. 4. 1,000,000 sats automatically transfer to mainnet. I'm not sure how to vibe code that yet...🤫