Karnage on Nostr: A question for calle 👁️⚡👁️ I think ecash should be treated as cash - you ...
A question for
calle 👁️⚡👁️ (npub12rv…85vg) I think ecash should be treated as cash - you never want to carry too much of it around, and certainly not store it with a custodian.
I imagine a mint can take all the nuts if it wants to just by shutting down, this is why it would be important to have trusted mints, perhaps mints tied to trusted clients (popular client having its own mint).
If possible, you'd rotate which mints people are assigned as they join so you don't have a concentration in a handful (make the rug less painful).
But for the most part, it would be on the part of the UX designer to ensure people know not to keep any significant nut stash for too long with a custodial mint.
Published at
2024-02-24 13:35:34Event JSON
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"content": "A question for nostr:npub12rv5lskctqxxs2c8rf2zlzc7xx3qpvzs3w4etgemauy9thegr43sf485vg \n\nI think ecash should be treated as cash - you never want to carry too much of it around, and certainly not store it with a custodian. \n\nI imagine a mint can take all the nuts if it wants to just by shutting down, this is why it would be important to have trusted mints, perhaps mints tied to trusted clients (popular client having its own mint). \n\nIf possible, you'd rotate which mints people are assigned as they join so you don't have a concentration in a handful (make the rug less painful). \n\nBut for the most part, it would be on the part of the UX designer to ensure people know not to keep any significant nut stash for too long with a custodial mint.",
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