wen cbdc

How do you accomplish 5 and 6 atomically? I assume it involves proof of payment, the hash preimage from the lightning invoice.

wen multipath usd nut zaps.

Arbitrary derivative anonymous bearer assets settled for in bitcoin. I mean, this hole nutty thing is starting to be just very ridiculous... Cypherpunk future is now.

This is a great blueprint. Can’t wait to see it built and play out.

Will this make a CBDC world safer? And by this I mean getting more people in a system that could more easily become Bitcoin-only after a crackdown, rather than a system that is already Bitcoin-only that fewer people actually use.

Beautiful

Why would someone that has managed to obtain bitcoin exchange it for USDnuts? Who is the envisioned customer?

Does the value of your stablenuts balance fluctuate with the price of bitcoin?

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But wouldn't the value of the ecash token stillfluctuated because the underlyingassets is still bitcoin?

For a business to accept bitcoin ecash or Bitcoin backed USD ecash, wouldn't the store need to be able to confirm the mints holdings? I guess anyone receiving ecash needs to have a whitelist of trusted mints. Thinking outloud here...

The user pays a lightning invoice at the amount of 1 US dollar at the current BTC/USD price. The mint now has that amount of lightning held at the mint. The user now has an ecash token for a dollar pegged at that BTC/USD price. If the ecash token is not immediately sent, used, and redeemed for BTC. ...

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Cool! Basically tether on e-cash. My guess is that exchanges will rug mints of their dollar balance, but that will have to be seen. Can a DLC be sustained indefinitely? Presumably the mint would need collateral. I would not be surprised if Tether ends up running a mint. Good way for them to acquir...

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USD(eez)Nuts 😁

what’s the point of stablecoins?