What is Nostr?
geodesic /
npub14yu…qxvc
2023-11-26 13:45:10
in reply to nevent1q…292x

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.
Author Public Key
npub14yu97h9v0ayx26ftyjf63pqg9decve5zxl90cva7pqjmtr8dafhqxvqxvc