SaberhagenTheNameless on Nostr: Cashu is a shitcoin by another name. It's literally an IOU that can rug you at any ...

Cashu is a shitcoin by another name. It's literally an IOU that can rug you at any moment, infinitely and arbitrarily printable by the mint, and permissioned to redeem back your Bitcoin. It's a useful shitcoin. But you're still using a shitcoin.

If you can understand that then you can understand why other users find other shitcoins useful for other things.