mleku on Nostr: cashu is rugpull technology i just recently had a confrontation with one of its main ...
cashu is rugpull technology
i just recently had a confrontation with one of its main proponents, who went completely toxic and other people were saying that he was acting like an asshole
i'm ok with fedimint, at least that attempts to mitigate the risk of malicious or erroneous failure of the mint to redeem the tokens for sats but cashu is centralised, it's literally like the old licenses to print banknotes based on claimed stocks of silver in the late 19th century, so-called "wildcat banking"
that led to endless rugpulls and was part of how they were able to sell central banking to the people
i just recently had a confrontation with one of its main proponents, who went completely toxic and other people were saying that he was acting like an asshole
i'm ok with fedimint, at least that attempts to mitigate the risk of malicious or erroneous failure of the mint to redeem the tokens for sats but cashu is centralised, it's literally like the old licenses to print banknotes based on claimed stocks of silver in the late 19th century, so-called "wildcat banking"
that led to endless rugpulls and was part of how they were able to sell central banking to the people