alienhodl on Nostr: Another thought on cashu, seems like something that a large institution could use and ...

Another thought on cashu, seems like something that a large institution could use and bootstrap their existing trust and reputation. I.e. Apple could just decide to run a mega mint and make every iPhone have a bitcoin wallet that uses ecash, giving instant bitcoin payments between iPhone users (over iMessage, airdrop, NFC anything etc.) whilst allowing them to pay any lightning invoice and avoiding exposing users to anything complex at all. Instant privacy win for users too. The big trust trade off would be minimised too as people aren’t going to hesitate to trust Apple not to perform a mega rug, why would they? calle 👁️⚡👁️ (npub12rv…85vg) ODELL (npub1qny…95gx)