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This is subject to sender's mint not cheating. I can run a mint that will issue nuts not backed by anything. So I have no problem locking them to the receiver. The whole idea is based on a delusion. Cashus don't work trustlessly. And trust is not Bitcoin's philosophy.
Cashus don't work trustlessly.
Of course not. The question is if it's the best way of solving the problem of offline payments. The other option currently is banknotes which as you know have other inconveniences.
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