PhilRoss on Nostr: That really would be a huge drag on the bank’s return on assets / capital. That ...
That really would be a huge drag on the bank’s return on assets / capital. That model only works when you’re charging fees for service, a la Custodia Bank. Doesn’t work if you don’t charge for holding deposits, checking, service fees, etc
Published at
2025-02-06 09:34:42Event JSON
{
"id": "887e8d3bbc8dadd4ed56f9f75097f8a3e6edb9109f177953254db7b69505aeab",
"pubkey": "5d4ae49e284a95016e944ae5cffc928470c2c3d08dec4d24a972492378c982f4",
"created_at": 1738834482,
"kind": 1,
"tags": [
[
"e",
"ca902c7732887207b5dba7324d9f2439b634aab688e71c4698690e083554d1c1",
"wss://offchain.pub",
"root"
],
[
"e",
"90d0264d30d1e7d22753a2642e13e04722d35cc2f6b153edec6bfd4614d31a7e",
"wss://relay.damus.io",
"reply"
],
[
"p",
"4f4f82846698ff66ae5fa9fad4c0c4eb7823afb07fa9f54ea9d15f1217ae96cc"
]
],
"content": "That really would be a huge drag on the bank’s return on assets / capital. That model only works when you’re charging fees for service, a la Custodia Bank. Doesn’t work if you don’t charge for holding deposits, checking, service fees, etc",
"sig": "a71104245e4816a675eb157996f41ab9e5baec922cc3991c305eaf345edfabdc22bbdfd3ed92225929229330656a7cc36d92897ca772c3d748ba6e9c0ead6658"
}