ODT on Nostr: I believe each protocol has its use case. I don't recommend cashu for big amounts ...
I believe each protocol has its use case.
I don't recommend cashu for big amounts either, since it's custodial, and you never know. But what if you're the custodian?
For example, I onboard people with my own mint: I create and send nuts, bundled in a PWA. The other person receives sats in less than a minute with no prior bitcoin experience. I explain the trust model and that they can withdraw it thru LN whenever they want.
I probably could do something similar with fedi and mutiny? I am not sure, and I don't trust a federation yet. And it's not straightforward (or possible at all) to run my own like I do my mint.
Published at
2024-05-25 20:27:51Event JSON
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"content": "I believe each protocol has its use case. \n\nI don't recommend cashu for big amounts either, since it's custodial, and you never know. But what if you're the custodian? \n\nFor example, I onboard people with my own mint: I create and send nuts, bundled in a PWA. The other person receives sats in less than a minute with no prior bitcoin experience. I explain the trust model and that they can withdraw it thru LN whenever they want. \nI probably could do something similar with fedi and mutiny? I am not sure, and I don't trust a federation yet. And it's not straightforward (or possible at all) to run my own like I do my mint. ",
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