Nostr

Getting back to your OP. I think my point is that eventually MSTR will be a liquidity provider and will be in the business of lending out bitcoin. But their bags will never be useful for that purpose until some low risk lendee comes along and will pay a premium for the privilege of servicing a loan on the bitcoin. Alternatively, MSTR could issue ecash tokens backed by their stash, and charge an issuance, redemption and/or transaction fee for using said tokens (e.g. cashu)

Detective Deft Defector 1y ago

I've considered that for them, Blackrock, any company or organization with a large stack. I think once you have enough money, financial services would naturally fall into your coffer. I do not have much substantiation for that historically but it just seems logical to me. Any farmer eventually becomes salesman. Do I understand that correctly, that ecash is kind of being used as an iou but not as currency?

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Brunswick 1y ago

Ecash is backed by a promise, it has no direct control over anything on the blockchain (unlike lightning). Cashu anf Fedi are largely the same, tokens redeemable for bitcoin either by the holders of the fedi multisig onchain, or by the mint's lightning node (which may not have routable liquidity)