Hynek on Nostr: If we can’t guarantee that nobody can print money the second best could be that ...
If we can’t guarantee that nobody can print money the second best could be that everyone can print. And with verified peers the ecosystem could evolve to intended state that nobody is actually printing.
quoting note1wc7…87ezThis remains to be the primary goal:
A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution. Digital signatures provide part of the solution, but the main benefits are lost if a trusted third party is still required to prevent double-spending…