cashu ecash is a custodial iou for sats on the ln node of the mint but the tokens are bearer assets on the device
it offers superior privacy over any other custodial LN solution
the "ecash" will typically be denominated as sats but can also be in usd
the mint can't rug an individual but could rug the whole mint
if users are on the same mint tokens can be sent out of band by dm, text, email for free
Minibits pays any ln invoice as well
there are certainly ways to zap self custodially but minibits has amazing product fit for nostr
send out your balance to redeem sats into self custodial ln channel on Zeus for example
.
npub1ak…xy8fx
2024-08-31 02:39:29
in reply to nevent1q…qp3r
Author Public Key
npub1ak68qfcjj7k95c0jwleu69x72nr8adwv6g80pkwl9xlps6zmkqzqrxy8fxPublished at
2024-08-31 02:39:29Event JSON
{
"id": "73593ef15b938ce185058b6925cd5e8e4a1e94aa01553c4d13dd18c06b5e8bd5",
"pubkey": "edb470271297ac5a61f277f3cd14de54c67eb5ccd20ef0d9df29be18685bb004",
"created_at": 1725071969,
"kind": 1,
"tags": [
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"content": "cashu ecash is a custodial iou for sats on the ln node of the mint but the tokens are bearer assets on the device \n\nit offers superior privacy over any other custodial LN solution\n\nthe \"ecash\" will typically be denominated as sats but can also be in usd\n\nthe mint can't rug an individual but could rug the whole mint \n\nif users are on the same mint tokens can be sent out of band by dm, text, email for free\n\nMinibits pays any ln invoice as well\n\nthere are certainly ways to zap self custodially but minibits has amazing product fit for nostr \n\nsend out your balance to redeem sats into self custodial ln channel on Zeus for example\n\n",
"sig": "c426341e63f1e4805eaeda72a3a4a57236ca8fb4c43630f937f3c5c41b8a31f82d873a5250455e04de6b4d33473c244edf8ff7938495b77382498e7d1d23fa5d"
}