0 sats \ 0 replies \ @erict875 10h \ on: What are the steelman arguments for ecash/fedimint trusted mints? bitcoin
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If you have been following the recent events, then this move should not be a surprise. Anyway, what counts is that Cashu is a protocol, and you can decide to implement/configure your mint application with or without KYC/AML requirements...
ES government ability to execute is second to none. It all started as a tweet a few years ago...
Truly amazing.
Although correct, I think it's still too abstract, and more contextual information will be needed for a non-tech person to truly understand. For example, what purpose does it serve? Why is it important? etc.
That's what I thought. The extra step of exchanging public keys can be challenging, and is inconvenient, just like with pgp. But nevertheless, it's a good thing to have for those few who really need it.
The cryptography behind cashu is fascinating, and the protocol seems not too hard to understand. Here's a very good non-technical article: https://bitcoinmagazine.com/culture/genesis-files-how-david-chaums-ecash-spawned-cypherpunk-dream
Please note that you don't have to use lightning as gateway, you could also use stripe, PayPal etc.
Minimal REST support only, according to their API doc: https://phoenix.acinq.co/server/api
What will you do differently, if I may ask?
I guess if you host your mint, the answer is yes...
I doubt you could recover your sats from a different mint, because the tokens were issued with a different private key.
Tucker Carlson recently revealed that Boris Johnson once asked him for the equivalent of 1M$ in usd, Gold, or... bitcoin, to appear on his show.
I guess he owns some already?
What SN does right compared to all other social media, in my humble opinion, is that it charges you for posting. This has a profound effect on the quality of the experience on the site, and creates a healthy network effect.
Earning sats is just the cherry on top.
Two mental elements that Tai Chi cultivates are ‘song’ (release or letting go) and ‘ting’ (listening skill) as one progressively learns to absorb their awareness deeper into the body. This aspect of the art can be deepened through seated meditation practice or standing postures ‘zhan zhuang’ .
I've been sitting daily for a year now, and can confirm, based on the feedback I receive from my pushing hands buddies.