The creator of Cashu, a free and open-source Chaumian ecash protocol for Bitcoin, believes users should have cash-like privacy when they transact with BTC — or fiat currencies.
Absolute scarcity isn’t Bitcoin’s only value proposition. Enabling users to unilaterally control their financial lives is priceless. The ninth installment of 10 Steps to Self-Sovereignty powered by Ledger.
As seen in “The Withdrawal Issue”, Cashu allows the use of ecash on Bitcoin, empowering ordinary users to operate a mint that is connected to the Lightning Network.
“Consumers are starting to lose faith in online services and privacy protections they hoped were in place,” David Chaum told the audience at Money 20/20 in Las Vegas on October 23, 2018.
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