On The Brink with Castle Island cover image

Obi Nwosu (Fedi) on Second-Party Custody with Fedimint (EP.344)

On The Brink with Castle Island

CHAPTER

The Bitcoin Network as a Settlement Layer

To get a socially scalable sort of banking system built on top of bitcoin, you've to take the constituent unit down as small as possible. Counter reminds me of a free banking like the analogy i would draw would be a network of independent free banks that are all using biccoin standard. The people who are doing the settlement aren't the fadimens themselves, or users, but they are a number of lightning service providers.

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