Oddbean new post about login | logout Lots of good information here. Thanks.
The most important question is always ultimately "who controls the keys to the lightning channel that holds the sats backing the ecash tokens?" I know you know this, but just inserting this here for others who may not, and maybe that's part of what you were getting at with your initial post in this thread. Cashu is useful but it is 100% ruggable by whoever runs the node that backs the mint. People have to understand this.
100%. I'm starting to view it as a privacy layer for temporary sat storage. I don't know if I'd feel comfortable using it for large zaps either. As @kidwarp mentioned in this thread somewhere, you get in and you get out. Which, if you're doing that, telling people to constantly move their sats from nuts to sats, then it becomes extra steps that need to be done and not a good user experience for noobs. We're just replacing one custodian with another on a temporary basis in the same of privacy.