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jb55152d ago
cashu is not bitcoin. giving up sovereignty for custodied privacy is not a tradeoff I will ever make. not to mention it completely screws over node runners by forcing everyone into custodial solutions to transact. run nodes, they are the most private thing you can do. 📝 9fad7d31…
💬 90 replies

Replies (50)

EVAN KALOUDIS152d ago
I understand your perspective. NWC in Signal would be a cool option to have as well, albeit with some relative UX challenges. Have you thought about it through a privacy lens though, or do you just not think that’s important in this context as zaps are public by default?
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jb55152d ago
yes it's users choice, that's the point. whether it be your own node or a cashu node. in the future ideally we can get this this ux everywhere to avoid lnurl: 📝 73eb64d7…
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jb55152d ago
haha I just love running nodes and it sucks that I wouldn't be able to use the payments in signal if this were adopted. mostly just a selfish thing.
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lemon152d ago
If you had to choose: would you rather use cashu or the new, non-custodial Wallet of Satoshi? 📝 b0a2e157… 📝 d8c06e51…
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calle152d ago
good faith, nope.
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BITKARROT152d ago
Ding! Ding!Ding!Ding!
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jb55152d ago
I agree
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EVAN KALOUDIS151d ago
Yeah, you could set up a mint that only you can issue tokens from, that way your friends are redeeming from your node
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Vanessa151d ago
👀
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jb55152d ago
i just want to be able to use my wallet of choice to send a payment. maybe pull zaps help here noste:note1suap3swthax7vspap2tdhh62mspnxzfvkapcklw79deqqldp326qj7hqtn that way the user can also redeem into any wallet they want directly with lightning
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EVAN KALOUDIS152d ago
A bit difficult as it requires the sender to have a 24/7 online node. I think hedgehog fixes this though cc @Super Testnet
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jb55152d ago
im pretty sure my own node has more privacy than me connecting to a cashu node. we don't want to exclude people who want even more privacy
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EVAN KALOUDIS152d ago
Defaults matter though. Would be curious to see what percentage of users here use the default custodial service vs self-custodial. You’re also not taking into consideration the context of the apps as well. Social media app VS a private messenger: I’d argue for the former privacy is not so important whereas for the latter it’s imperative. There’s a lot of nuance here and I think it sucks that you’re trying to moralize and shame something that would be genuine improvement in the ecosystem.
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jb55152d ago
id be completely fine if it defaulted to a cashu node. I just want to be able to use my node for sending payments.
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lemon152d ago
You use payments in Signal currently?
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jb55152d ago
No but it would be nice if they integrated lightning
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calle152d ago
any day now
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calle152d ago
I run a node. And I use Cashu in Signal. Crazy, I know.
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jb55152d ago
I am not that interested in custodial anything to be honest. I didn’t get into bitcoin to store money on other peoples computers.
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Scott •••151d ago
I bet this statement would get more traction if you were vlogging about it and werent wearing a shirt.
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lemon151d ago
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jb55152d ago
Please explain this devious bad faith scheme of mine, whatever that means
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jb55152d ago
I’m acting in bad faith because i don’t want to run software i don’t need. Ok bud
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calle152d ago
we have a joke that whenever anyone demos something cool with cashu, it's only a matter of time until jb55 hate-posts "soon I'll integrate non-custodial lightning node (soon TM)". any day now!
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jb55152d ago
I feel like im talking to a child who can’t handle an ounce of criticism. Grow up.
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jb55152d ago
a custodial node could mint these too though. the receiver can also use any lightning wallet.
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EVAN KALOUDIS152d ago
🤦 then what problem are we solving for here? To the same effect you can run your own Cashu mint and make it self-custodial
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jb55152d ago
running a cashu node makes no sense for a single user
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jb55152d ago
basically it's the same functionality as cashu, but users still get the option of running their own node for self sovereignty. this is really my only gripe. I will never run a cashu node so I basically get left out of Bitcoin payment infrastructure even though I am running the nodes? make it make sense.
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jb55152d ago
i feel like bolt12 invoice_requests solve most of the problems ecash is trying to solve? and it's done directly over lightning.
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EVAN KALOUDIS152d ago
I’m not 100% sure on the Signal POC UX in its current state but you can absolutely do this with Cashu in general. You can also set it up to automatically sweep Cashu payments to self-custody. We have done this in @34d2f527…05cc8095
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jb55152d ago
would happy to see the code for that so i can use it anytime i need to sweep
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jb55152d ago
If theres a send/recv solution i can implement with a tool then i would be happy. I just don’t want to run a cashu node because that makes no sense
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Super Testnet152d ago
I made Bankify as a POC for how easy it is to receive cashu and convert it to LN: https://github.com/supertestnet/bankify As usual, I don't recommend using my code directly, but consider reimplementing it. It's not a lot of logic to do this.
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calle152d ago
nobody cares, we don't need your approval.
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jb55152d ago
why would anyone want my approval? I am here posting my opinions on technical topics. If you don’t like it you can kindly go bother someone else.
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47152d ago
I think the point is if you don’t want to use it, you don’t have to. If you don’t like it, that is also ok. If you think it’s a bad trade-off refer to point 1. Many users will use it and think it’s better than existing custodial options while making bitcoin more accessible.
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jb55152d ago
you are describing nwc, which would allow us all to be compatible. They aren’t interested in integrating nwc, they want to implement their terrible solutions into everything and trick people into thinking it’s bitcoin.
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jb55152d ago
unless the goal is just to have lightning as the rails for custodial Bitcoin banks. if that's the future I don't want any part of it
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EVAN KALOUDIS152d ago
Sure. I sympathize with you but your proposed solution has clear flaws. Need something like proper async payment built into LN or Hedgehog. People are working on both of these.
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jb55152d ago
thx will take a look
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47152d ago
got it. So that is your main gripe? Is there any argument not to allow them to talk to each other ?
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jb55152d ago
we built an amazing p2p layer for sending and receiving bitcoin micropayments payments in a trustless manner. cashu folks are trying to subvert that and simply use it as a rails for doing token transfers between their nodes and convince people their tokens are bitcoin. if app interfaces are coded to cashu instead of L2, then bitcoin micropayments effectively turns into free banking. Why people think that’s a good idea is beyond me. I would rather go back and work on L1 or new L2 solutions if this is the route we’re going.
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calle152d ago
pure bullshit
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calle152d ago
coinos wallet is bitcoin but cashu isn't lol.
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jb55152d ago
I am not proposing anything crazy. just that NWC should be the standard for integration payments so that you don't force custodial payments everywhere. we didn't build up the p2p lightning infrastructure just for it to be ignored and bastardized by custodial solutions. it doesn't need to be a zap if you want to render something. the client could just send a DM once it verifies the payment went through. just basic lightning payments. receiver just needs a bolt12 offer or silent payment address in their bio.
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jb55152d ago
how so
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jb55152d ago
Where did i say coinos is bitcoin, or can you only argue strawmen today. nwc is the point 🤦‍♂️
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calle152d ago
cashu wallets have NWC, does that make them bitcoin?
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jb55152d ago
nwc in the client my guy
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