cmd on Nostr: I agree with this on cash deposits but I don't understand how you would run a real ...
I agree with this on cash deposits but I don't understand how you would run a real credit system with anonymous transactions and accounts.
How would you measure credit risk? How are charge-backs supposed to work?
There are reasons that credit card holders would prefer transparency and buyer protection over privacy.
Regular reminder that ecash is not going to fix all of our problems. Part of the reason I'm working on Cashu is because I think every custodian in this world should be an Ecash mint. And every credit card on this planet should be replaced by an ecash wallet. That's already enough to fix.
Published at
2024-05-27 05:07:10Event JSON
{
"id": "98e46f8f91de823838d06796dfd547d98327618d7b3cc643015a24cc7ec06791",
"pubkey": "4229c21f0101abc3ba45233e176e975fa9e671bb18a6722bdf7726ba25445ff9",
"created_at": 1716779230,
"kind": 1,
"tags": [
[
"e",
"0910fb236178adadcd1e84c0ce7696bc863aff6f5b5e4ee87dc6284b3fe030b1",
"wss://relay.primal.net",
"mention"
]
],
"content": "I agree with this on cash deposits but I don't understand how you would run a real credit system with anonymous transactions and accounts.\n\nHow would you measure credit risk? How are charge-backs supposed to work?\n\nThere are reasons that credit card holders would prefer transparency and buyer protection over privacy.\n\nnostr:note1pyg0kgmp0zk6mng7snqvua5khjrr4lm0td0ya6racc5yk0lqxzcs5th3ex",
"sig": "6f3f63893a9db36b59c6cd9153f5aaf354bee44e8246011e7f28bf94a5d365d40ce05af2d17fa17abba337f59a7a2f3359d1ff0d4fe84d6572c25acfc27fafb4"
}