Replying to Avatar ᴛʜᴇ ᴅᴇᴀᴛʜ ᴏꜰ ᴍʟᴇᴋᴜ

between seller and me, no bank

between the seller and me, no licensed money transmitter

is it blood money when i buy a kebab from an israeli kebab shop just because his family in israel in the IDF are participating in genocide?

same relationship

if you aren't happy about progress until hyperbitcoinisation have fun staying sad
Avatar
kansascitycreeper 1y ago

i think maybe you oversimplified it? nostr:nprofile1qqsyeqqz27jc32pgf8gynqtu90d2mxztykj94k0kmttxu37nk3lrktcpz9mhxue69uhkummnw3ezumrpdejz7qg3waehxw309ahx7um5wgh8w6twv5hsz9mhwden5te0d4kx26m49ehx7um5wgcjucm0d5hspyest0

like nostr:nprofile1qqs8e3relcsn9vqqdcfrqj9zenkfd0jgrrrff9yaqu76g07n8wq3g6qpz4mhxue69uhhyetvv9ujumn0wd68ytnzvuhsu9vdxm said look at the flow of value from beginning to end of transaction

Reply to this note

Please Login to reply.

Discussion

Avatar
ᴛʜᴇ ᴅᴇᴀᴛʜ ᴏꜰ ᴍʟᴇᴋᴜ 1y ago

the gift card is issued by the retaler who i can redeem it with, it is not fungible for fiat currency, only goods and services from the issuer

i paid sats for the gift card, it is immaterial what currency the retailer of gift cards paid, i did not pay them that

Avatar
kansascitycreeper 1y ago

i can see your point of view

but the system depends on fiat existence?

i think maybe you are the middle man 🤔