0 sats \ 1 reply \ @crrdlx OP 13 May \ parent \ on: Thinking through Cashu bitcoin
I understand and that's certainly your call. I've never used Phoenix, but I know it's a great wallet and totally self-custody. Some folks might find Cashu worthwhile in instances. Choices are nice to have, right?!
Choices are great, but it's important that people understand that Cashu (and Fedi) is custodial. That means you do not have control over your money.
The mint can run away with your money at any time.
I feel like this risk is very often understated. It should be front and center. Not mentioned in a footnote.
Literally any non-custodial solution (Phoenix, Blixt, Mutiny, Zeus, etc.) is better if you can afford to do it, at the moment setting up a lightning channel is not that expensive.
reply