Liberty Farmer on Nostr: The latter, sort of. But it's not a credit line. Rather more like a bank settlement ...
The latter, sort of. But it's not a credit line. Rather more like a bank settlement of funds. As it essentially secured by butcoin locked in the first place, not a loan. Hence why when you open a channel, you don't get 'thier' half of the funds, ie: no inbound liquidity.
Published at
2024-04-27 18:43:07Event JSON
{
"id": "03c14411b8f3d4ad55c40b4aab67b87d461778ed350d25f37b1ce56a8b644806",
"pubkey": "e3aefda887252a72cee3578d33b2dcd90e9fe53b8bed6347ef5e26f74211adbb",
"created_at": 1714236187,
"kind": 1,
"tags": [
[
"e",
"5556d964c89fed74452c02658e2d3fef389d96ffca1b8da4ec2c35529e146708",
"",
"root"
],
[
"e",
"96aaf32f4fd4a4376f2a4293fc5655768e254fcffd9713c71e32c0602c2032e6",
"",
"reply"
],
[
"p",
"460c25e682fda7832b52d1f22d3d22b3176d972f60dcdc3212ed8c92ef85065c"
],
[
"p",
"f07e0b1af066b4838386360a1a2cbb374429a9fbaab593027f3fcd3bd3b5c367"
]
],
"content": "The latter, sort of. But it's not a credit line. Rather more like a bank settlement of funds. As it essentially secured by butcoin locked in the first place, not a loan. Hence why when you open a channel, you don't get 'thier' half of the funds, ie: no inbound liquidity.",
"sig": "262a1962ed7b6b06ffe78835017d921734e5238b960804efff7ad8e3bc02d14e47aca58fb935553996e7a44eb2a3894a9c4eac71781564431ddd42048a75533e"
}
