Thread

Devils advocate: Square is a public company with shareholders and disclosures and would lose a lot more playing paper Bitcoin games then a random cashu mint.

Devils devils advocate: Square is a public company with shareholders and will KYC you and share your data with lots of third parties that might put someone at more risk than a cashu mint. FWIW i am very happy to see both square doing its thing well and cashu ecosystem growing. let a thousand flowers bloom.

I also have no idea how Square manages KYC so don't want to assume the worst. They're probably doing a great job. My main criticism is that people seem to bring out the pitchforks for custodial solutions that provide privacy and praise the ones that increase adoption.