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christo
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Bitcoin thoughts:

Premise:

Borrowing against bitcoin short term

Ideas from the edge:

Hodler stores Bitcoin in their own cold wallet.

Bitcoin bank cannot access the Bitcoin

But the bank needs assurance the debt is tied to the hodlers Bitcoin

The idea:

A decentralised remote escrow instrument

The instrument facilitates a charge for the bank to guarantee the loan

And allows the hodler to remove the charge, when the loan is repaid

This is my wandering imagination, just thinking out loud, this is conceptualising as a dreaded smart contract

So maybe not

But ideas 💡 can bloom other ideas

What do you think?

Mine was minibits, but I've learnt not to keep more than a few hunny sats on it

It's emerging tech and I'm cool with it

To be fair it's got warnings ⚠️

Yesterday I created a token for about 300 sats and as soon as I copied it, it disappeared into the ether 🤦

Running a node will become the digital equivalent of running a homestead

Finally 🫂🫂🫂

One of my #Nostr goals is gigi boosting my note without me tagging him

I think nostr:npub1h2qfjpnxau9k7ja9qkf50043xfpfy8j5v60xsqryef64y44puwnq28w8ch will be my go-to site for introducing others to sending and receiving bitcoin and lightning payments.

Trying to see what is the easiest, most seamless process for new Bitcoiners.

Of course there is @cashapp which is even more seamless but I’m talking sites or applications with a bit more privacy and self-sovereignty.

Would you agree or are there better options out there for newbies? #asknostr

Remember some alternatives are not available in both US and UK/EU

A pan global available app is universal