What is Nostr?
hamsi / Karadenizli
npub15r9…7dpl
2024-04-01 04:21:13
in reply to nevent1q…ktyh

hamsi on Nostr: Well the problem with that is that as soon as any of them go out, it's a race to cash ...

Well the problem with that is that as soon as any of them go out, it's a race to cash out before they run out. Alternatively they could instantly rebalance and devalue your ecash but I don't know how that's better. It's still a net negative because you're taking risk with no upside so no one will keep money in it longer than they need to, which then loses most of the privacy benefits.
Author Public Key
npub15r9hp5eq3a0heantnja4sth3ug277nhse9f3scu937mxfh0mpw8snt7dpl