We Study Billionaires - The Investor’s Podcast Network BTC201: eCash on Bitcoin & Nostr w/ Calle from Cashu (Bitcoin Podcast)
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Sep 25, 2024 Calle, the creator of the Cashu Protocol, enhances the Bitcoin Lightning Network by prioritizing privacy for micropayments. He discusses the balance between security and usability in custodial versus non-custodial solutions. Calle dives into the scalability of micropayments and Cashu's pivotal role in driving user adoption. The conversation also touches on the significance of Nostr in decentralizing communication, emphasizing innovative solutions to promote online privacy and the future of financial technologies.
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Cashu and eCash
- Cashu solves the privacy problem for custodial Bitcoin services, replacing custodial databases with a privacy-focused system.
- eCash, the underlying tech, was invented in the 80s to enable online payments and protect online privacy.
Cashu Card Experience
- Preston Pysh used a Cashu card preloaded with Bitcoin at a conference in Riga, Latvia.
- The payment experience felt faster than traditional systems, demonstrating Cashu's speed.
eCash vs. Bitcoin
- eCash is separate from Bitcoin; it's a bearer asset token that predates Bitcoin.
- It can be used with any currency and offers privacy and efficiency advantages.