JohnShen on Nostr: It seems like fedimint and cashu flip the wealth preservation paradigm. In fiat, ...

It seems like fedimint and cashu flip the wealth preservation paradigm.
In fiat, people would store most their wealth with a custodial service and self custody only a small amount, ie: in their wallet.
In bitcoin, people self custody the bulk of their wealth then would use layer 3 to custodial use as needed
#layer3