65 sats \ 0 replies \ @SwapMarket 8 Jun \ on: Fiat Prints vs Ecash Mints bitcoin
Stop shilling this nonsense. Nothing in cashus protocol guarantees the backing. They are based on trust into decentralized and often anonymous entities. One should not hold cashu tokens for longer than a few seconds after receipt, but deposit immediately back into their mint in exchange for a regular lightning payment. In such a short time horizon government cash won't lose any value and is a preferred means of exchange.