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0 sats \ 0 replies \ @k00b OP 23 Dec \ parent \ on: SN resolves to go noncustodial on Jan. 3rd - FAQ & AMA
It sounds like you're describing two things to me:
- ecash note transmission can happen out of band, so it's not money transmission
- Roblox's Cowboy Credit/Reward Sats system
We are effectively doing (2), but perhaps we are missing some aspects of it which we will add over time. Thanks for the rec!
For (1), SN would still be custodying the bitcoin even if the claims on the bitcoin are self-custodial. If ecash notes represent a claim on bitcoin, or if starbucks points represent a claim on dollars, then the ecash mint and starbucks are transmitting money when the ecash or points are transmitted - out of band or not, and even if there's a delayed and un-promised realization of the underlying asset.
(Also, besides, ecash being out of band isn't really true in practice ... the mint is still involved in transfers if the recipient doesn't want to be double spent.)