The fact remains that the eCash tokens from Cashu mints and such ARE NOT BITCOIN. They are IOU slips, and unique tokens to the mint. They are not interchangeable with other mints. The custodian (the mint) can rugpull and can prevent outbound spends. Users/Customers of a mint have no guarantee to access to Bitcoin once they exchange their sats for ecash tokens. 

 Cashu is an eCash implementation.

"The group that believed Bitcoin should be used as a payment method only ended up leaving the community and created Bitcoin Cash in 2017."

"Bitcoin backed" != Bitcoin.

Cashu is a Layer 2 Bitcoin project that enables private, and cheap Bitcoin-backed eCash transactions using Chaumian eCash principles.
 

 Not to be pedantic but since cashu is built atop lightning and not the base chain, it should be considered a L3 

 💯 It is. Typo. Thx :) 

 Corrected now for all who use Amethyst. ;) 

 What’s an edit? 

 lol. The secret sauce.