Pete_Winn on Nostr: How about Fedimints + stability pools = low barrier to entry decentralise Eurodollar ...
How about Fedimints + stability pools = low barrier to entry decentralise Eurodollar system :)
Basically Jeff Snider is correct but we still win.
The same drivers for establishing Eurodollar system are true, he's correct about incentives but once you have "Bitcoin Stability Providers" (BSLs...?) Bitcoin allows it to be done more, cheaper and better 😂
Published at
2023-05-11 02:49:35Event JSON
{
"id": "a4b735089aab9eb4f3a75e27eff0791e4cc24fc47307038dfede5e578d21569b",
"pubkey": "94215f42a96335c87fcb9e881a0bbb62b9a795519e109cf5f9d2ef617681f622",
"created_at": 1683773375,
"kind": 1,
"tags": [
[
"e",
"3f93ed6b37d0679acdc20c97d24f18b6dbca414af267e00f31626b62c49fab14"
],
[
"e",
"fee4f2a54647979d38cc21fbc3c33c27b267dcf8963c2ebd6510599c26792378"
],
[
"e",
"7394ea8d382f1cb4534468c55e68403c80624700487b4135fa5cc138a1b979e0"
],
[
"p",
"94215f42a96335c87fcb9e881a0bbb62b9a795519e109cf5f9d2ef617681f622"
],
[
"p",
"ccfd63f996f8dd6995063aecf3d8517671e049ad85e268daa9affc7986487338"
],
[
"p",
"c7eda660a6bc8270530e82b4a7712acdea2e31dc0a56f8dc955ac009efd97c86"
]
],
"content": "How about Fedimints + stability pools = low barrier to entry decentralise Eurodollar system :)\n\nBasically Jeff Snider is correct but we still win.\n\nThe same drivers for establishing Eurodollar system are true, he's correct about incentives but once you have \"Bitcoin Stability Providers\" (BSLs...?) Bitcoin allows it to be done more, cheaper and better 😂",
"sig": "a3da6fe149fb058097abe2531a0c01e54e5b2496a52c6b384f4287d59c789ac157c05fddfa4278c550e527f4f78c518544af4b881236bc48f2f9952692965f66"
}