VitorPamplona on nostr

Open in Damus

I don't understand this post.

Vitor Pamplona @VitorPamplona 1734111845

I tested 5 cashu wallets. I have lost funds in all of them. Mints have disappeared on me. NIP-60 events have disappeared as well.

It's nothing against cashu, but the operators themselves that need to ship better software and to secure people's sats. We know it is custodial. But that doesn't mean people can just run off with our sats just because they are bored. That's not cool.

My point is that NO one should EVER lose ANY money from a custodial system. Not a single sat. Regardless of how new things are.

105❤️9❤️3💜2:shum:1🎯1👍1

btc_remnant · 61w

> But that doesn't mean people can just run off with our sats What? It means just that!! That's why we've been saying "Not your keys not your coins" for 10 years!! You have to be crazy to put your money on the Raspberry Pi of someone that you don't know...

Really? I agree, none should ever lose money. I wonder, how come I never lose money. If you write down your seed phrase, it's practically impossible, if the mint doesn't go down

Colby Serpa 🌊 · 61w

Trusted third parties are security holes.

Reichard Könige · 61w

It's still pretty early beta and a bit buggy. I have 38k sats that got stuck using cashu.me with minibits mint. "Proofs Pending Error" I was going to reach out to minibits but figured I'd consider it a donation to their project instead. I've been testing the nostr:nprofile1qqstxwlea9ah3u6kjjszu6a7lr...

SoapMiner · 61w

I sell on nostr:nprofile1qqs2xugc5jyguqkj36rk0syv4tmnkjdtmtperttl7x9rqjy3ustdcvcppemhxue69uhkummn9ekx7mp0qy2hwumn8ghj7un9d3shjtnyv9kh2uewd9hj7qg6waehxw309aek2mnyd96zumn0wdnxcctjv5hxxmmd9uxa0uz8 , and I have always, minus once, gotten my Sats. The one I didn't, he was not logged into a client when he...

Papa Figos · 61w

Erm.. people running away with your sats because it's custodial is the essence of being custodial. That's the tradeoff, you're trusting them. Why people ever thought getting fiat IOUs from online strangers in return for their perfectly good sats is beyond me. What did you think would happen? To s...

> My point is that NO one should EVER lose ANY money from a custodial system. Not a single sat. Regardless of how new things are. I don't understand what you mean here. Is it "No bugs should cost normies money" or "There should be recourse for people running mints and then just walking away with th...

Brunswick · 61w

Every custodial solution requires guarantees. Legal enforcement is one kind of guarantee. If we are to obsolete the government, we need a cryptographic self custody solution for ecash. Without one, it will require compliant companies like Strike to operate a mint. It may be impossible to operate a l...

crimsonleaf363 · 61w

This post will probably live for a long time. Can you at least say which mints disappeared on you?