What is Nostr?
NewBeliever
npub1hr6…s698
2024-05-29 16:56:23
in reply to nevent1q…p6fj

NewBeliever on Nostr: Thanks for exploring these ideas outloud, I'm loving it. If I minted unbacked eUSD ...

Thanks for exploring these ideas outloud, I'm loving it. If I minted unbacked eUSD and then swapped them to a trusted mint, the vendor risks getting fake or debased eUSD right? Or inter-mint transfers only deal in true LN SATs to avoid this? Yes I think so. So a vendor would have to set a list of trusted eUSD mints that he's willing to accept parent from, right? There's no way to verify that 50 e$, received via email or however, is backed by real SATs right?
Author Public Key
npub1hr6p2cy06uht3mwqrllafhdam5f3ys6wrulc8sd9kty9zpyh2epsqns698