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146 sats \ 17 replies \ @DarthCoin 5 Nov \ on: How Many Sats Are You Comfortable Having in Ecash? AskSN
ecash is NOT for holding!
This is like saying: how many gift cards you are comfortable to keep.
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Why did you make a guide to link cashu to Albyhub then?
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Did you read it? What did I said there?
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You show a few different ways to use Albyhub. You go through each option and one of them is cashu.
You don't remember?
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So? Seems that you read from my guides only what you want to hear.
The guide is how to use Albyhub, not how to stash your sats with ecash.
Just by asking this question, you demonstrate that you didn't understand what is ecash.
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I think you know what I meant. Under 1000 sats is not like stashing sats. Its for spending and receiving small amounts. I'm not asking people to store their sats in ecash. Ecash is NOT bitcoin.
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How many sats would you be uncomfortable with leaving in ecash?
What does it means "leaving" ?
You didn't specified how much time: 1h, 1 day, 1 month, 1 year.
You could have your own mint or using others mint. Are two different situations.
If I run my own mint, for family and friends and I am their custodian is not the same as if they use a random mint. They can still use and pay easily any LN invoice with their ecash wallets, but that doesn't mean I do not have to take care of the LN node liquidity for them. In that case, how much are you willing to have in a ecash wallet?
You didn't specified how to use ecash or what for. That could create even more confusion for noobs. Some of them now will even think "hey I came for Bitcoin and I find out that is "something else" this ecash...".
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There's plenty of info about that. This is just a simple poll on the topic.
The reason I'm asking is that I'm currently using cashu on the back end of Albyhub and its having some issues. When a payment doesn't work I immediately remember that this could get rugged at any time so I shouldn't leave too many sats in there. For me the threshold is around 5000 sats. When I get more than that, I withdraw to my LN wallet keeping between 1-3k in ecash to use for zapping, posts, polls and comments. But that's just me. Some people might be comfortable leaving more in an ecash wallet. This poll is to find out.
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As I stated above I wouldn't keep any until I understand the mechanism and maybe, as @DarthCoin alludes to, I would keep my own mint but I've already had an experience where an ecash mint changed URLs via a DNS issue and I lost 1000 sats which is too much.
Maybe my own and the knowledge on how to recover but I'm not buying into it.
People mess around on mainnet and it just increases the scarcity of Bitcoin which maybe we have access to 1.7 quadrillion sats but I don't like the idea of locking up things I don't understand. I'd rather have my sats stolen than locked up. At least the sats are valuable and I have a chance of earning them back.