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299 sats \ 2 replies \ @justin_shocknet 16 Oct \ on: Cashu is not Bitcoin debate happening now lightning
Aye, and as I've said before:
Calle is a scammer that hypes up circle jerking signatures to himself as innovation. His feed is an endless stream of larp bullshit. A pinko retard of the highest order.
ECash is not additive to Lightning in any way, it's just a lazy (fragile) authentication layer to a trusted server. Total gimmick.
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63 sats \ 1 reply \ @Scoresby 17 Oct
I have come to greatly appreciate Justin's take on ecash.
I remember when @TonyGiorgio posted his ecash is self custodial article (#395461) and calle came out with some pretty harsh criticism that it was a bad way to think about ecash tokens.
That's the thing: Ecash are tokens. They are a different coin. Maybe they are a shitcoin, but they might be a useful shitcoin.
Cashu is not bitcoin. However, I still kinda like it and I hope people keep building on it.
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123 sats \ 0 replies \ @anon 17h
I like to think of cashu and l-btc as a stablecoin. One has a blockchain and one doesn't. Of course they're not bitcoin, they are tools that allow you to represent bitcoin and move value without losing bitcoin exposure.
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