geodesic on Nostr: WoS IS a bank. You create an account with them, they hold your money with no way for ...
WoS IS a bank. You create an account with them, they hold your money with no way for you to recover it if they fail, they send/receive money in their private inernal ledger as much as possible, they can fractionally reserve the money they account for, they report to regulatory authorities, and can censor users and/or freeze their money.
Yes, WoS is a bank.
Published at
2023-11-26 13:45:10Event JSON
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