Theresa Rehlingen-Prinz @ThesiPrinz

Coincidence of Wants vs Coincidence of Banks In the past, people would exchange one good for another, such as wheat for salt. The problem with this extremely siloed transaction was that both parties had to run into the coincidence that they both needed what the other had at that precise moment in time. No intermediaries and no delays, it was an analog peer-to-peer transaction where commodities were the ultimate form of money. Money has improved since then in terms of how it’s transacted and how it moves, but it’s not even close to what it could be. Today, in order for money to move faster and more efficiently, financial institutions come together to credit and debit money for their clients. The best coincidence to move money is when both parties work with the same bank. This however is not the norm, leading to intermediation, higher costs, delays and plenty of other inefficiencies that we all have come to accept as normal. By leveraging the Bitcoin and Lightning Network protocols, institutions can remove these inefficiencies and transform the coincidence into certainty. An institution in Europe denominated in Euros would be able to interact with an institution in Latin America denominated in Pesos as if they were one and the same. Their end users would retain the traditional fiat experience they are used to but would benefit from a better, cheaper and instant service. Finally, credit risk would be removed from the system as every transaction would be sent and settled simultaneously and instantly.

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Theresa Rehlingen-Prinz @ThesiPrinz

2 years ago

orangesociety.co 🍊

Katharina @bourbonmanager

2 years ago

Some behind the scenes of the first lookbook shoot. We did another in Brazil a few week back that will be released soon 🍊

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Theresa Rehlingen-Prinz @ThesiPrinz

2 years ago

@jllemus @financefwd @officially_omr So proud! You did an amazing job and the feedback spoke for itself. First Lightning startup at Europe's biggest tech conference ✅😎

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Jose Lemus @jllemus

2 years ago

With an audience from industry and finance in attendance today, we delved deep into the transformative power of #Lightning for B2B cross-border payments @financefwd. Seeing the excitement and reaction to Lightning's major use case fills me with optimism for the future! ⚡️#OMR24

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Theresa Rehlingen-Prinz @ThesiPrinz

2 years ago

@daniel21btc @officially_omr @financefwd @ibex @jllemus @PoweredbyIBEX Gerne! Wir freuen uns 🧡

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Theresa Rehlingen-Prinz @ThesiPrinz

2 years ago

Heutet startet @officially_omr & @financefwd! Ich bin stolz darauf, dass @ibex dort als erstes Bitcoin/Lightning Startup vertreten sein wird. @jllemus wird morgen eine Masterclass halten und die Teilnehmenden für 90min durch das Potenzial von Bitcoin's Lightning führen. #OMR 😎⚡️

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Theresa Rehlingen-Prinz @ThesiPrinz

2 years ago

@TaylorLorenz @PoweredbyIBEX @jllemus @financefwd Great, looking forward to meeting you! 🧡⚡️

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Theresa Rehlingen-Prinz @ThesiPrinz

2 years ago

We, @PoweredbyIBEX are here, represented by our CEO @jllemus! Would love to connect! Find us in the @financefwd masterclass building at track 20 before 10:45 am or from 12pm tomorrow! ⚡️

Taylor Lorenz @TaylorLorenz

2 years ago

Anyone else here at #OMR24 #OMR? If you’re here please say hello!

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Theresa Rehlingen-Prinz @ThesiPrinz

2 years ago

@skinnyxbtc Get a job buddy, I know times are hard but there is literally no reason to call yourself skinnybtc and waste air and space like this.

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Theresa Rehlingen-Prinz @ThesiPrinz

2 years ago

@skinnyxbtc Just say that you’re a guy running a female btc account for engagement farming. No women in her right mind would post such dumb nonsense. 😫😂. Stfu

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Theresa Rehlingen-Prinz @ThesiPrinz

2 years ago

@eltankred @lesfemmesorange 😂, Guten Morgen!

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Theresa Rehlingen-Prinz @ThesiPrinz

2 years ago

Über die letzten Monate habe ich mehrfach versucht Frauenhäuser zu kontaktieren, um Vorträge zu #Bitcoin anzubieten. Kennt jemand jemanden, der in dem Bereich arbeitet und eine direkte Intro machen könnte? 🧡