. on Nostr: cashu ecash is a custodial iou for sats on the ln node of the mint but the tokens are ...
cashu ecash is a custodial iou for sats on the ln node of the mint but the tokens are bearer assets on the device
it offers superior privacy over any other custodial LN solution
the "ecash" will typically be denominated as sats but can also be in usd
the mint can't rug an individual but could rug the whole mint
if users are on the same mint tokens can be sent out of band by dm, text, email for free
Minibits pays any ln invoice as well
there are certainly ways to zap self custodially but minibits has amazing product fit for nostr
send out your balance to redeem sats into self custodial ln channel on Zeus for example
it offers superior privacy over any other custodial LN solution
the "ecash" will typically be denominated as sats but can also be in usd
the mint can't rug an individual but could rug the whole mint
if users are on the same mint tokens can be sent out of band by dm, text, email for free
Minibits pays any ln invoice as well
there are certainly ways to zap self custodially but minibits has amazing product fit for nostr
send out your balance to redeem sats into self custodial ln channel on Zeus for example