Oddbean new post about login | logout No 🙌 but Nostr is a banking revolution
Can you elaborate:)?
I meant, no you’re not the first banker to join Nostr 😊
Ecash mints are the new free banking
Ecash mints are not new, what enables them to thrive is that for the first time in history we have permissionless financial rails for free banking to actually thrive.
Where can I learn more about how this works in pratice?
🌎🧑🚀🔫🧑🚀 nostr:nevent1qqswrwygaudnv03k4grev5hpkq4elda0e72rk3fkcvuzavcw50enlkcpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsygzqh8y9lll2lsw2m7xrpf89ezrxplmwf9c6phrj84dtva94ucd52ypsgqqqqqqse3rzhd
How long from now until a mint can make you a loan? nostr:nevent1qqs25m89tfmx2y3g7kh4hnepw97cl7g50pxfdv9kyfua469qlhrta6qpz4mhxue69uhkummnw3ezummcw3ezuer9wchsygxnd6qg87nmxmdwuervhzeln8l250vfuk3ev5y8g8cq8cs6czmtaspsgqqqqqqsw7e3e6
Then that mint should pay interest too
Interest to whom? I was thinking in a mint that works like ledn or similar for example, where you have makers and takers and you should over collateralise your loan.
What do you borrow and what do you lend?
Interesting, I supposed you borrow sats and get the mint denominated token, for example can be some sort of stables like https://umint.cash/
No 🙌 but Nostr is a banking revolution