Tim Bouma on Nostr: The payment tech is about increasing money velocity in as a trustless way as ...
The payment tech is about increasing money velocity in as a trustless way as possible.
Money velocity is the number of times the same unit of account is part of a transaction over a given period of time.
Increasing velocity:
Layer 1 Bitcoin: Ledger - low money velocity
Layer 2 Lightning: Channels - medium money velocity
Layer 3: Cashu: Blinded Proofs - high money velocity
Published at
2025-06-11 10:40:47 GMTEvent JSON
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"content": "The payment tech is about increasing money velocity in as a trustless way as possible. \n\nMoney velocity is the number of times the same unit of account is part of a transaction over a given period of time.\n\nIncreasing velocity:\n\nLayer 1 Bitcoin: Ledger - low money velocity \nLayer 2 Lightning: Channels - medium money velocity\nLayer 3: Cashu: Blinded Proofs - high money velocity",
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