TheGuySwann on Nostr: An ecosystem of global, permissionless, fully private ecash providers is not priced ...

An ecosystem of global, permissionless, fully private ecash providers is not priced in.

quoting note13l9…f20h

hear me out... globally available, instant payments for EVERYONE who joins nostr, INSTANTLY. No setup required.

How? Well.. NUTS! Magic nuts at that.

1. user creates npub -> creates your nuts address
2. UI displays that user has a nuts address. They can get zapped RIGHT AWAY. That's right - everyone can get zapped IMMEDIATELY! Forget 4% address in profile bullshit.. 100% adoption!!
3. User can change their address to an LN one of course.. or to other cashu address in settings. Upon modifying a field or detected LN address, the UI changes the visual to show its an LN address or it's been modified. Why the change? Well, so people don't go zapping large amounts into the void if the new user never claims their nuts.

At this point, we don't even need cashu websites, because you can do everything in the client UI.

What about centralization?
OK. Rotate trusted mints. It's no different than what Primal has going now as far as I know. You are trusting someone for a bit and have the option to transfer your sats out. Same with nuts. Concerned about rugs? Swap your address to an LN one. Or.. choose another mint, or add your own if you're a pro.

This would bring nostr to 100% sats accessibility.

What about lost sats? F'em! Thank you for your contribution to bitcoin my humble sirs and ladies. The tradeoff of global(nostr) zap adoption is massively better IMO.

LET'S FKING GO!