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2025-01-30 22:29:47

EliasPfeffer on Nostr: Question regarding #Cashu #Ecash : Isnt there a big risk of getting rug pulled / ...

Question regarding #Cashu #Ecash :
Isnt there a big risk of getting rug pulled / scammed, as the mint would theoretically be able to give out many Bitcoin IOUs without ever having the Bitcoin in reality? While when you use Lightning via e.g. LNDHub you would at least see in the lightning network, that the lightning custodial wallet provider actually has no #Bitcoin.
Author Public Key
npub13dylj5cryc0854jlaqjlf2yalgl5r9rzwsxekywt63k9y3xfs94qcg3ke8