What is Nostr?
DrZhivago /
npub1d53…n2j8
2024-09-05 00:49:08
in reply to nevent1q…d562

DrZhivago on Nostr: I think the largest difference is the ability to fractionally lend can be divorced ...

I think the largest difference is the ability to fractionally lend can be divorced from the ability to custody.

If you have BTC on-chain you can be certain it is in your custody. Whereas in a bank, the custodian can default and lose what you thought you had.

Fractional lending will certainly continue to exist, but blow-ups can be more localized instead of systemic. Lending will become opt-in.
Author Public Key
npub1d53ea7aupxe4x3sdwy67q5fskcll3l3sksxpy434xv37gwqp2vrsctn2j8