MAHDOOD on Nostr: Been saying this for a while. The problem with the gold standard was that the banks ...
Been saying this for a while. The problem with the gold standard was that the banks held most of your wealth so the rug risk was huge. Lightning custodians are practically Bitcoin banks but they don’t hold your life savings. All the fear of your lightning wallet rugging your pocket change is silly. Meanwhile WoS is still running with no headaches and force closure fees 🤷♂️
Published at
2024-08-05 18:36:07Event JSON
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"content": "Been saying this for a while. The problem with the gold standard was that the banks held most of your wealth so the rug risk was huge. Lightning custodians are practically Bitcoin banks but they don’t hold your life savings. All the fear of your lightning wallet rugging your pocket change is silly. Meanwhile WoS is still running with no headaches and force closure fees 🤷♂️",
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