nostr This is what it’s like to build a wallet that supports multiple mints and multiple payments using #nostr… Tim Bouma Nov 20, 2024, 12:33 PM
This was the big innovation. Reducing all possible futures of to-be-minted coins to a single future. It eliminated the one variable that all central banks and governments use to ‘manage’ the economy.… Tim Bouma Nov 20, 2024, 12:29 PM
Layer 1 is the commodity layer (Bitcoin) Layer 2 is the collateral layer (Lightning) Layer 3 is the credit layer (Cashu) I know it’s uncool to refer to these as ‘layers’, but this exactly reflects the evolution of layered money since the Medici Family. The ‘standardized’ interface between the… Tim Bouma Nov 20, 2024, 11:49 AM