jb55 on Nostr: We take on some risk yes, but when you are in a multisig quorum these risks are ...
We take on some risk yes, but when you are in a multisig quorum these risks are reduced and are not the same as the risk WoS is taking on. There is no single “owner” of the funds, as the liability is shared among the guardians. This should in theory be better from a regulatory standpoint.
If anything I can see them coming after fedimints as being “too private”
Published at
2024-01-17 23:40:15Event JSON
{
"id": "75f787a6cdab7e6d57a2cc891652132cb0b13d15be9674444845e24125be720a",
"pubkey": "32e1827635450ebb3c5a7d12c1f8e7b2b514439ac10a67eef3d9fd9c5c68e245",
"created_at": 1705534815,
"kind": 1,
"tags": [
[
"e",
"ffc35a199f8df0bede5c004580ad8d51e3ce045e5652027b36744aba9e309a66"
],
[
"e",
"86bfc2ec3d9abe34829666010a8137fa971619e793f18fe49538df8408306614"
],
[
"p",
"316dd1215bcf94d93ab32cd5fbe541b46680e4a59f824173cc265c65d2dce984"
],
[
"p",
"9baed03137d214b3e833059a93eb71cf4e5c6b3225ff7cd1057595f606088434"
]
],
"content": "We take on some risk yes, but when you are in a multisig quorum these risks are reduced and are not the same as the risk WoS is taking on. There is no single “owner” of the funds, as the liability is shared among the guardians. This should in theory be better from a regulatory standpoint.\n\nIf anything I can see them coming after fedimints as being “too private”",
"sig": "f1225487f59ebef6f429296d480b6e554948b43ef79372469e07ff6d85299b755fc536000497df92fbc0522741e2090a20ce99b60547e687ae8177041b6c625a"
}
