Why Nostr? What is Njump?
2025-02-04 22:24:45
in reply to

2PacStackur on Nostr: Sure entirely possible, they keep 1:1 for institutional bitcoin and just have a float ...

Sure entirely possible, they keep 1:1 for institutional bitcoin and just have a float to cover withdrawals for their million other users and only keep a fractional reserve for those. Just speculating of course but would not surprise me. They just manage it as risk.
Author Public Key
npub150q6tnk63wrt0jmy6ht27k8u0pa6gq8jjy4eq7tf6f6507t9ghgqnnen2h