Thank you, but my point is: why is cashu considered "bitcoin" when it has all properties of a shitcoin? It is not bitcoin, you need to swap into it - like with every other shitcoin, it is not linked to any BTC, it is non custodial (which is completely against any bitcoin ethos), you have the mint rug risk etc.
Monero and every other shitcoin is also denominated in BTC, when you look at the Shitcoin/BTC chart.
For me it is just unfathomable that custodial long strings of text are considered "on a bitcoin standard" - it is like writing "i owe you 1000 sats" on a piece of paper and calling that a bitcoin scaling solution ;)
chucklangstrumpf / Chuck Langstrumpf
npub1yv…r00ky
2026-06-16 06:20:54 UTC
in reply to nevent1q…4kr9
Author Public Key
npub1yv54qfj70fhwkxul7zuqyztvutmegqsdjychan3fp6hsdyvmgpjspr00kySeen on
wss://nos.lolPublished at
2026-06-16 06:20:54 UTCEvent JSON
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"content": "Thank you, but my point is: why is cashu considered \"bitcoin\" when it has all properties of a shitcoin? It is not bitcoin, you need to swap into it - like with every other shitcoin, it is not linked to any BTC, it is non custodial (which is completely against any bitcoin ethos), you have the mint rug risk etc. \n\nMonero and every other shitcoin is also denominated in BTC, when you look at the Shitcoin/BTC chart. \n\nFor me it is just unfathomable that custodial long strings of text are considered \"on a bitcoin standard\" - it is like writing \"i owe you 1000 sats\" on a piece of paper and calling that a bitcoin scaling solution ;)",
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