It seems like fedimint and cashu flip the wealth preservation paradigm.
In fiat, people would store most their wealth with a custodial service and self custody only a small amount, ie: in their wallet.
In bitcoin, people self custody the bulk of their wealth then would use layer 3 to custodial use as needed
#layer3
JohnShen / John S
npub1xh…xmpys
2024-02-25 14:09:30
Author Public Key
npub1xh50gph8qjv0x8nfkxxtk7hrj29cmssvwfazezpf3s32qw7p5c2snxmpysPublished at
2024-02-25 14:09:30Event JSON
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"pubkey": "35e8f406e70498f31e69b18cbb7ae3928b8dc20c727a2c88298c22a03bc1a615",
"created_at": 1708870170,
"kind": 1,
"tags": [
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],
"content": "It seems like fedimint and cashu flip the wealth preservation paradigm. \nIn fiat, people would store most their wealth with a custodial service and self custody only a small amount, ie: in their wallet. \nIn bitcoin, people self custody the bulk of their wealth then would use layer 3 to custodial use as needed\n#layer3",
"sig": "19e928faee69cf56a15fcea4f21b93090338a67f732592af4ec8b3fc6d5abcc4370d6e3527e82885be3416dc8a6b617820513d9dfbe90b4322ed8241c6907344"
}