BitcoinJujitsu on Nostr: #fedimint summary (tell me if this is right) Alice has Bitcoin, but could use some ...
#fedimint summary (tell me if this is right)
Alice has Bitcoin, but could use some cash.
Bob has cash and is hoping for an ROI.
Alice and Bob trust each other enough, so they federate.
They use cash (and Bitcoin) to pay expenses.
Bitcoin goes us against the dollar.
They need an accountant. Accountants are expensive and annoying.
So they automate.
That automation is Fedimint.
How did I do? #grownostt
Published at
2023-09-05 17:16:33Event JSON
{
"id": "392a516ecddc2df79b1bdf7366dff6dfa86baf255a44279fb1145a95aac5a9b0",
"pubkey": "001863c7837dc05c768e4ed8d6ab2dd65d5f6af9df7e2a93190acf7f4a915c7a",
"created_at": 1693934193,
"kind": 1,
"tags": [
[
"t",
"fedimint"
],
[
"t",
"fedimint"
],
[
"t",
"grownostt"
],
[
"t",
"grownostt"
]
],
"content": "#fedimint summary (tell me if this is right)\nAlice has Bitcoin, but could use some cash.\nBob has cash and is hoping for an ROI.\n\nAlice and Bob trust each other enough, so they federate. \n\nThey use cash (and Bitcoin) to pay expenses.\n\n Bitcoin goes us against the dollar.\n\nThey need an accountant. Accountants are expensive and annoying. \n\nSo they automate. \n\nThat automation is Fedimint.\n\n\n\nHow did I do? #grownostt",
"sig": "2cf00806256c4d6ee1e5e1b51d96da4b20b538859fe0bccacc7c7d6924b038ed857d80b1314df528ca158ceebd2219ade60df72d1777d43b2ed1cd9f42a9c943"
}