Tbone on Nostr: Banks as storage in a Bitcoin world is counterintuitive to the NYKNYC paradigm, so ...
Banks as storage in a Bitcoin world is counterintuitive to the NYKNYC paradigm, so really what we're talking about is just a lending facilitator - to diversify lending risk over investments they deem 'sound'.
I feel like decentralised networks and protocols can and will (and no doubt already) facilitate that type of product in a far better way than an organisation that clings to the traditional idea of 'banking'.
Published at
2025-01-07 01:00:08Event JSON
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"content": "Banks as storage in a Bitcoin world is counterintuitive to the NYKNYC paradigm, so really what we're talking about is just a lending facilitator - to diversify lending risk over investments they deem 'sound'.\n\nI feel like decentralised networks and protocols can and will (and no doubt already) facilitate that type of product in a far better way than an organisation that clings to the traditional idea of 'banking'.",
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