40 sats \ 1 reply \ @calle 21 Jan \ parent \ on: Fedimint is Self-Custodial ecash
If I use bitcoin to buy dollars from coinbase, I give them btc and they give me dollars. They aren't custodying my bitcoin for me until I ask for them back. Its their btc now.
That's not how banks work.
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25 sats \ 0 replies \ @Scoresby 21 Jan
Right. I'm saying ecash mints might not be banks. They might be more like exchanges.
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