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100 sats \ 1 reply \ @kilianbuhn 4h \ parent \ on: Jack Dorsey Expands Cash App: Send Dollars, Receive Bitcoin Through Lightning lightning
it would be more polite to explain how sending USD and receiving BTC works without a conversion.
I would like to understand that too 🧐
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0 sats \ 0 replies \ @supratic OP 2h
I wish I know. What I can speculate for these example is that Cashup would keep the USD received and send the BTC to destination. The app is an intermediary, and as any intermediary they keep their own records, making sure business is profitable somehow.
Cashup is not a peer to peer application where the exchange happen between two parties.
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