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2024-06-01 14:13:48

crimsonleaf363 on Nostr: I've been seeing people describe ecash in Fedimints and Cashu as users giving away ...

I've been seeing people describe ecash in Fedimints and Cashu as users giving away their bitcoin for ecash. Is this framing actually correct, or is there something more nuanced going on? I've seen elsewhere that users aren't giving away their bitcoin but are instead also receiving server credits that allow them to interact with the Lightning gateway of mints. Can someone clarify this for me?
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npub13q560x4p3y5wljdc3pvsrphjgzptgkn629gf4jjdgz3qzdkknsaqmgnrcq