Oddbean new post about | logout
 I'm trying to be optimistic and find the benefits here, but having a hard time.
- It's #custodial.
- No #privacy guarantees.
- Discouraging #P2P transactions, and using corporations instead.

It seems exactly the same as fiat, except you're giving them your #Bitcoin without even enabling a decentralized circular economy...
At the very VERY least, #cashu needs to become the basis for custodial solutions.
https://i.nostr.build/SleTG1t1I9roM1Bq.png
Source: https://x.com/BitcoinEkasi/status/1851625973382279475