Replying to Avatar Frank Corva

. nostr:nprofile1qqsywlhjgkwfgu2gdua266eugpnnvyaj7nvm5ugwqy7a32xz4dday4gf7458k founder and CEO nostr:nprofile1qqszhkj0qdzxhswxluq9jn34pg08a3tlh8xuffa4y62zy02keczen6gvsma6f aims to help more banks offer #bitcoin-backed loans while introducing open-source technology into their stacks.

His work could change banking as we know it.

#btc #opensource

https://bitcoinmagazine.com/business/galoy-launches-bitcoin-backed-loan-software-sets-groundwork-for-open-source-banking

Super interesting approach to bitcoin lending! Build the software for them and they will come! 👏🏼

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Agreed! I didn’t know much about what Galoy was up to before interviewing Nicolas for this piece, but now that I do, I’m quite intrigued. While I have my reservations about Bitcoin banks, they may end up being one of the Bitcoin layers, as Hal said.