Programmabletx on Nostr: I just listened to your Bitcoin.Review episode and wanted to chime in on one point, ...
I just listened to your Bitcoin.Review episode and wanted to chime in on one point, which is one reason why a cashu type token will be necessary in the future. Credit will still exist on a Bitcoin standard, and creditors won't want to loan actual Bitcoin. The risk of loss is too great. What they will use instead is some type of fiduciary media which can be clawed back in the case of loss or death. Could cashu serve this purpose?
Published at
2023-01-27 16:59:35Event JSON
{
"id": "523318b708fae5a5eb72d55d684d6bff3388375edb14c4757d3dc74a9dab7381",
"pubkey": "8907895f4c3e53d0916e4c20c153ae35d5160c85e71598df9e5185b7c72f4a33",
"created_at": 1674838775,
"kind": 1,
"tags": [
[
"e",
"28cdb98b57fd5c2c3328841ec2a7b01d8999c354ae16b42ef50044d0c1dd41d6"
],
[
"p",
"50d94fc2d8580c682b071a542f8b1e31a200b0508bab95a33bef0855df281d63"
]
],
"content": "I just listened to your Bitcoin.Review episode and wanted to chime in on one point, which is one reason why a cashu type token will be necessary in the future. Credit will still exist on a Bitcoin standard, and creditors won't want to loan actual Bitcoin. The risk of loss is too great. What they will use instead is some type of fiduciary media which can be clawed back in the case of loss or death. Could cashu serve this purpose?",
"sig": "443fe10d9c135552962d264b1fe00065f266234d4aeadafc0b6b964f1783d2b8f216f45245a247b5b3398de1848ccff2e817c2b4eda58a6310699bb24938397b"
}
