Why Nostr? What is Njump?
2024-08-19 16:02:41

ShortFiat on Nostr: I like the idea that Fedi and Cashu are planning to prove reserves by orchestrating ...

I like the idea that Fedi and Cashu are planning to prove reserves by orchestrating bank runs on a regular basis.

I have a question though. Do they rely upon every ecash owner within the mint moving their funds out on the same day? If so, then how will they get everyone to participate?

If the mint iteself is able to force a bank run on their customers, then do the owners of the ecash tokens really have autonomy over their own funds?

Author Public Key
npub1md39ua3h2s7204a7v5p9sdxmxx9qc7m4kr3r6naeuwfznad6d7nsxpctp9