Nostr Web Client

What if an account in your name eventually gets abused. Let's say with a 10,000 GBP loan? You're liable. Also, how can they open accounts in your name without your consent? This recently happened in the USA. Banks created credit cards with customer names without their knowledge or consent.

Not a fan.

mike 2y ago

It’s a sub account same as solicitors use when receiving monies for property purchases.

It is sometimes called a client account.

It has no functionality, nor does it exist in its own right.

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Discussion

mike 2y ago

https://www.investopedia.com/terms/s/sub-account.asp

FYI

TheGrinder 2y ago

I see. Similar to segregated customer funds. That's actually cool.

mike 2y ago

Yep, that’s it.