pull down to refresh
73 sats \ 12 replies \ @Coinsreporter 20 Sep 2024 \ parent \ on: Stacker Saloon
That's why I'm saying, it's not a good option. I've a good idea but I think noone is gonna like that.
What's your idea? I like ideas that alienate everyone.
reply
I think SN should adopt to a credit (points) system where users will buy credits for real Sats.
The credit points can then be exchanged for Sats through SN.
This will keep the SN away from any dangers of shutting down by authorities. This will also provide a seamless experience.
reply
Fee credits will replace sats for those that continue to use the SN custodial wallet after they switch to external wallet only.
reply
Can the fee credits be exchanged for Sats? I think they can't.
What I'm suggesting is a complete revamp to how SN zapping and wallet thing works.
I'm saying that why don't SN detach wallet thing from SN? No real sats. Instead we all use credits or points. And there should be a mechanism by which the points can be exchanged into real sats anytime. Or, I mean that those points can be cashed out for sats.
Also, if we need we should be able to purchase the points by depositing Sats.
reply
I'm a little confused about converting credits to sats. They say you won't be able to, but all of the credits will have been backed by sats (I think), so I'm not sure what happens to the sats that are used to generate the credits.
I think the system you're describing would potentially run afoul of the regulations placed on custodians.
reply
I think the system you're describing would potentially run afoul of the regulations placed on custodians.
How will that be?
SN won't be a custodian. Instead SN would only provide Stackers a reward for their good work.