Marc26z on Nostr: Then Strategy should use distributed custody models like Unchained, Onramp, or ...
Then Strategy should use distributed custody models like Unchained, Onramp, or Anchorwatch. The fact that they do is why I decided to stay humble and stack sats. This is the problem # bitcoin solved:
"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution. Digital signatures provide part of the solution, but the main benefits are lost if a trusted third party is still required to prevent double-spending. We propose a solution to the double-spending problem using a peer-to-peer network."
What problem does Strategy solve by "buying BTC" from Coinbase? It seems to me they are only re-introducing the double spending problem.
"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution. Digital signatures provide part of the solution, but the main benefits are lost if a trusted third party is still required to prevent double-spending. We propose a solution to the double-spending problem using a peer-to-peer network."
What problem does Strategy solve by "buying BTC" from Coinbase? It seems to me they are only re-introducing the double spending problem.