What is Nostr?
JackTheMimic
npub1m50…glzq
2025-01-26 20:44:33
in reply to nevent1q…tc9y

JackTheMimic on Nostr: Currency is a coupon for money. Money is a Non-Consumable asset. They are related but ...

Currency is a coupon for money.
Money is a Non-Consumable asset.
They are related but not the same.

When you accept bitcoin for an item, unpon confirmation, that transaction has final settlement.

When you accept lightning for an item, you must then close the Channel, and await confirmation to "Own" that Bitcoin. Then the transaction has final settlement.

That is the difference.

Put another way, if I give you a chicken, you have a chicken.
If I give you a coupon redeemable for a chicken, you do not have a chicken.
Author Public Key
npub1m50e65pv09ga73lglrkjgh5tlgj006pv9rce8xdg7rn5kps38gssh2glzq