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Woah, 42 sats for lunch. Is this article written in 2075?
Jokes aside, cool article.
"I tested it out with a friend who didn't have a macadamia wallet yesterday and they were easily able to download the app and claim the ecash in their wallet within a couple of minutes. The experience makes me think that this will be a great way to onboard people to bitcoin in as straight forward a way as possible."
I agree, the ability to just text some sats over to someone would be a huge on boarding tool. And I agree with the articles sentiment that this is the type of tech that will bring unknowing users into the network. I have never had a cashu or fedimint experience because thus far lightning has worked very well for personal spending needs but
"You can send ecash from macadamia to pay a lightning invoice and it will just work."
sounds incredibly cool. I recently gave a presentation in school where part of it was feeding the lightningcats.io and it would have been so so cool to just ask a member of the class for their phone number, text them over some cashus, then have that person pay the LN invoice to feed the cats.
Bent finishes his article with
"Pay attention to these Chaumian mint protocols, the wallets and markets built on top of them as they continue to progress."
and I can't help but cautiously agree. Many of us got to the point of self-custody bitcoin only and ensuring the ability to verify your stack on the chain from shitcoin introduction. It's easy to look at something like this cashu protocol and think "woah, no self custody and no supply verification? No thanks, shitcoiner." But he's right. At the end of the day protocols like this will create more bitcoiners--defined as a person who self custodies, verifies, and expresses their opinion to the network--and relative to a shitcoin exchange starting point, this is healthy.