For everyday spending, I'd much prefer perfect privacy, given the very low risk of a rug.

Agreed on your point that users need to understand the tradeoffs though.

Also, not every user can (or will be able to) afford the on-chain fees necessary to open a lightning channel.


48f396bf65

Nicely put. Someone in economics said, "There are no wins and losses, only tradeoffs."

crrdlx

bitcoin

Thinking through Cashu

If you don't like Phoenix then use something else that doesn't route to an LSP. Many options exist: Blixt, Zeus come to mind.

You need to understand the tradeoff that you're making here - in Cashu (and other ecash solutions) the mint can take your money at any point and run away with it. With Phoenix you expose information about your transactions to a third party. Would you rather have your money or your perfect privacy?