Damus
vinney...axkl · 2d
it's an optional layer on top of an optional layer (cashu) on top of an optional layer (lightning) or top of bitcoin. the counterparty risk is opt-in, and less severe each layer you descend. opti...
mleku profile picture
as long as the tail isn't wagging the dog, ok, but that's not what happened to bitcoin core. tether on bitcoin. ordinals. taproot. eventually CDBCs via CATV. lightning depends on some scripts as do atomic swaps but the vast majority of the scripting language *should be* removed *IMHO*.

but yes. make bitcoin wildcat banks and collectables markets. just saying it's kinda contrary to the spirit of it. fedimint not so much. plain cashu, is a straight bank. sure, would be cool if there was actual bitcoin banks using it and i guess they could if they wanted to have cash but none of them want it, they want lightning-like channel based rails because it's faster, the offline usecase isn't even in their mind. it's the one thing that cashu/fedi does give you that you can't get from anything else. it's a pretty thin use case though.

and collectables. well idk what to say. i've got ptsd from MTGOX.
๐Ÿ‘1
vinney...axkl · 2d
i see this more as steganograpy-lite than "collectables". but point taken