This mint will indefinitely be set to peg-out only due to recent decisions regarding regulatory requirements and various compliance. Please redeem your ecash tokens soon, as the mint may be shut down at some arbitrary future date without notice.

Peg-ins have not been working since I upgraded the mint to the latest lnbits-cashu extension 0.5. I've set to peg-out only until this is fixed.

AI and robots free up human time for more meaningful jobs. Mankind will be more wealthy, not less, because to a laborer money represents goods. AI will lower the cost of goods, not raise them. The more goods there are available, the more goods the equivalent sum of money will command. Therefore, regardless if wages decline, human labor will be valued for tasks that AI cannot do. These are creative and inventive jobs. We will see a separation of labor from skill, and artisinal goods made by human hands or "proof of work" from a human mind will be far valued above anything created by a machine. The machines will provide our sustinence, and this will be for a very low cost because it will only involve commodities (things mass-produced) where humans will provide little value to assembly lines. People will be needed to perform investigative, creative, mental skill oriented tasks like troubleshooting the machines, like creating one-of-a-kind goods like hand-made items where human error and variation is a feature and increases an item's value. One observation I heard recently is that art, music, actors, and the like are values not for their perfection, but for its human authenticity. This is not something that can be emulated by an AI until it actually becomes the same as a human, including our limited and closely guarded ability to reproduce.

If the mint is eating your sats, please contact me and we can work through it

I've identified a problem with peg-ins. Its a bug in the cashu plugin itself. LN payments should still work fine

Which is more important to you in a cashu mint?
Low fees, or reliability?
#cashu #enuts #minibits #ecash

STPI cashu mint fees are finally working as intended! I presently have them set to LSP+0.25%. My LSP charges around 1% depending on the destination.
Mint on!
#cashu #ecash #enuts #minibits #0xchat