▲ | wrs 6 days ago | |||||||
Running a database does not require liquidity. | ||||||||
▲ | afiori 5 days ago | parent [-] | |||||||
Running a database with no liquidity does not allow you to actually transfer funds. When A sends money to B both have an expectation that B is able to access such money through normal monetary systems like: seeing their bank balance go up, withdraw it as cash, or transfer it again to C which will have a similar recursive set of expectations. Unless your database is the de facto central banck for the currency A and B use you will have to convice B's monetary system to believe B now has more money. The simples and almost only way to do that is to pay the appropriate price in a currency they like. Which requires liquidity. As an example if you wanted to install a bitcoin ATM with withdrawl* in a train station (or anywhere else) you would need liquidity in whatever currency the user want to withdraw. * I suppose you could withdrawn bitcoin by giving out fresh wallets with the sum or by simply transfering it. | ||||||||
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