What is Nostr?
niltempus
npub1cec…t7pp
2024-07-04 18:08:49
in reply to nevent1q…2uzj

niltempus on Nostr: As mints compete with lower fees and more services, the incentives lead to lending ...

As mints compete with lower fees and more services, the incentives lead to lending out more ecash than available in the reserve. Yes, this is theft and will be aparent when people run off the mint all at once.
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npub1cecl2g9z776jvpudpqxajsrsgwuvq4vp7w26q74tx2438zy3q9vq8st7pp