Pj on Nostr: The provider would have to show you the actual dollars for all the supposed dollar ...
The provider would have to show you the actual dollars for all the supposed dollar positions. That would be easy with bank notes in a safe, with digital dollars it gets tricky. You would just get a level higher and needed to trust or audit the entity that provides this digital dollar position for your app provider.
Published at
2023-10-14 11:06:15Event JSON
{
"id": "f7c6e97ac00d9cafd5de4eed2a6bcaf3459968ac1bc95a484c3b62cc014c4507",
"pubkey": "874192fc49b2a6af514453d3e85d6340c664d893907e767ab6dc2949c507befc",
"created_at": 1697281575,
"kind": 1,
"tags": [
[
"e",
"2dad6e2b129d0d7ccf67679f05a98c47bc00a4dc3370b2fcf41494b3a476376e",
"",
"root"
],
[
"e",
"79e7b3532805eaee2af21a18759eb8878993f26e940fa1075b732ba8acdca12f",
"",
"reply"
],
[
"p",
"874192fc49b2a6af514453d3e85d6340c664d893907e767ab6dc2949c507befc"
],
[
"p",
"dab6c6065c439b9bafb0b0f1ff5a0c68273bce5c1959a4158ad6a70851f507b6"
]
],
"content": "The provider would have to show you the actual dollars for all the supposed dollar positions. That would be easy with bank notes in a safe, with digital dollars it gets tricky. You would just get a level higher and needed to trust or audit the entity that provides this digital dollar position for your app provider. ",
"sig": "d1d8777cb888f6717b63807acd113712f952508641bb5986d4035c957d5de0b3229b94db4ec57d27b42bc1818831e2d8a7d5b79f9e0158c132839f1a0af98991"
}