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18 sats \ 2 replies \ @nerd2ninja 17 Mar 2023 \ on: Cashu: Chaumian E-Cash & Mints Over Lightning - Bitfinex blog bitcoin
Is Bitfinex about to be a rehypothecated mystery sats fractional reserve wrapped Bitcoin bank? (I certainly left out a few slurs, but you know who wants to hear a long list of slurs?)
Storing sats with custodians, it doesn't matter the scheme. They might rug you/fractional reserve.
At least with eCash there is some decent privacy benefits when using a custodian.
I'm a custodianship maxi, but i use custodial services all the time: WoS, stacker.news, ln.tips
they are just very convenient. I wish they would offer me better privacy and data security by using an eCash clearing system instead of storing sats balance on the db
I'm still curious about the long list tho
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Chuckled
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