chiefmonkey on Nostr: The nostr/Cashu combo really is a new paradigm for the internet and humanity ...

The nostr/Cashu combo really is a new paradigm for the internet and humanity

quoting note16ga…h4my

All existing payment systems are account-based. They are 100% surveillable and individually ruggable.

With Cashu, it’s now possible to create a bearer-token-based payment system. This payment system is much harder to surveil and almost impossible to rug specific individuals.