Cashu is a protocol that can issue an iou for anything.
i agree cashu the protocol is not bitcoin the protocol or the asset. I also agree that cashu the protocol issues a bearer asset that is an iou for any number of other assets.
Argueing that because some people confuse cashu the protocol for actual bitcoin the asset, doesn't make cashu the protocol bad or unuseful. kinda a strawman.
is a seed phrase an iou? You can hold a seed but not a utxo.
One reason I always respected calle was that he stated from the start that self custodial bitcoin is best and that cashu the protocol was custodial iou.
i really don't see many people saying cashu is bitcoin.
i have played with cashu since calle was dming me full strings. I was one of the first accounts to zap on nostr using minibits. It has great utility and will be very useful for poor people who can't afford a utxo or ln channel.
