They are IOUs for sats, at best.

But they do not trade openly on par and when you use CCs you are not using the LN.

Using the LN is the only way we are going to built its strength and capacity.

CCs were only introduced to enable newbies or those not interested in Bitcoin to participate in SNs.

Cowboy Credits are basically custodial sats

Undisciplined

Coinos is reliable and simple to operate.

Using CCs does not support the LN network and only encourages centralised issuance of an inhouse shitcoin.

Economists frequently wax lyrical about the world they observe, and its evils, but may sometimes fail to be part of the solution if it requires any effort or inconvenience on their part...some might call them hypocrites!

science

econ

Negative Prices and Unprofitable Generation: Peak Solar is Here (Bloomberg)

denlillaapan

Coinos is reliable and simple to operate.
The fees are extremely competitive.
Using CCs does not support the LN network and only encourages centralised issuance of an inhouse shitcoin.
Economists frequently wax lyrical about the world they observe, and its evils, but may sometimes fail to be part of the solution if it requires any effort or inconvenience on their part...some might call them hypocrites!