niltempus on Nostr: What happens during a mint run and the mint is not solvent to make everyone whole? ...
What happens during a mint run and the mint is not solvent to make everyone whole? Looks like a fractional reserve system.
niltempus
npub1ce…st7pp
2024-07-02 10:57:24
in reply to nevent1q…c555
Author Public Key
npub1cecl2g9z776jvpudpqxajsrsgwuvq4vp7w26q74tx2438zy3q9vq8st7ppPublished at
2024-07-02 10:57:24Event JSON
{
"id": "39678cd3bc78272593d95961d5434b7f6c85939069d54eab0131e7a19eaf78cb",
"pubkey": "c671f520a2f7b526078d080dd9407043b8c05581f395a07aab32ab1388910158",
"created_at": 1719917844,
"kind": 1,
"tags": [
[
"e",
"f0b6d4145733aa065dc90f59be0cf4004034599a28504a0e6f67425dec95adb9",
"",
"root"
],
[
"e",
"99eb5ee2895df1e0ed37de30ae74820454c38ee68e4e6ea566d8f20989298b09"
],
[
"e",
"8fe92c2f7318ce8a0bbb71e19a8cea24a10a0f6920f026c65255a0d1ea83dc9f",
"",
"reply"
],
[
"p",
"32e1827635450ebb3c5a7d12c1f8e7b2b514439ac10a67eef3d9fd9c5c68e245"
],
[
"p",
"f683e87035f7ad4f44e0b98cfbd9537e16455a92cd38cefc4cb31db7557f5ef2"
],
[
"p",
"4c800257a588a82849d049817c2bdaad984b25a45ad9f6dad66e47d3b47e3b2f"
]
],
"content": "What happens during a mint run and the mint is not solvent to make everyone whole? Looks like a fractional reserve system.",
"sig": "9b74319272fcc5c256fddca676fc4969851857735b2c11dc04359d5438441f3bb39fa4b118a3289c091ea4d3fb07b89cc55754bea5613d52a12d4e9c9eaf4c8c"
}