EthanTuttle on Nostr: the mint is holding keys for the bitcoin backing everything. there can be no ...
the mint is holding keys for the bitcoin backing everything. there can be no guarantee. But there can be trade offs. Only running "the right" code is helpful, but really it comes down to trust and risk appetite. I deposit very small amounts in some Cashu mints just to experiment, because I don't trust it enough with larger amounts.
Published at
2023-10-16 01:44:55Event JSON
{
"id": "f598ac43fbbf421205577d4775fee7bf03ae3d633fd8bfc2c3054b8215230e8f",
"pubkey": "5ec98673feecaa935c81450169221259a2f132634e7891a0c537dcb63ef3cfb1",
"created_at": 1697420695,
"kind": 1,
"tags": [
[
"p",
"4a2fc4953f61729021583d30d6aae4e8f06e8163f48f900e5fb7af5606b498ae",
"wss://nostr.zebedee.cloud",
"Free as a bird"
],
[
"e",
"897856ce34dfdb1e80e9e6113b5f8704a84f165b73aed95af7ccf5f340761f2e",
"",
"root"
],
[
"e",
"6b58089c9edc2c88f2a75ae8e2f714349a2b59af9b5edc25537b5987c360066d",
"wss://nos.lol",
"reply"
]
],
"content": "the mint is holding keys for the bitcoin backing everything. there can be no guarantee. But there can be trade offs. Only running \"the right\" code is helpful, but really it comes down to trust and risk appetite. I deposit very small amounts in some Cashu mints just to experiment, because I don't trust it enough with larger amounts.",
"sig": "e889d8b6a584c4f0f6b4112328fd137d7aacddbb75f01d7188327c944fa1b08eddb4ee9fb9846f0fc739b32e17d4baeabd38233317dcddd8b9bd548c7a7b1fa1"
}