Yea but i thought with this, like fedi, you can choose the mint right? You can mint for your own family only, or Jeff down the street can create a mint for the town or neighborhood, or you can make one for your gaming club and everybody just pays each with cashu.
It all just depends on who you trust. (That includes trusting yourself to be your OWN bank in the bitcoin world right?). And you trust and know Jeff or yourself, but not big bankers who come into your town. It just makes it easier to “create your own” bank instead of relying on “The Bank” 🏦 or other centralized unknown entities. People can make their own money and rely on each other INSTEAD of those legacy solutions.
But also i’m just an observer of people trying to make and build extraordinary things and solutions and can’t really do it myself or fully understand. Just trying to make sense of it all haha
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There is an advantage to scale. Big mints are much better. That's why everyone uses WoS it's so efficient. There will equivalent of WoS size mint that will end badly. Small mints end up no better than just paying by lightning directly. Maybe like if you have a family you have one channel instead of five but at that point ecash might be disadvantage because of eg recovery after loss it might be better to be fully open and trusted