johntrumpet on Nostr: There is definitely a space for *alternative* trust models. This excites me about ...
There is definitely a space for *alternative* trust models. This excites me about fedimint - it opens it up for groups the majority of whom don’t understand the bulk of what bitcoin is/does/how it works, and aren’t interested, but need a practical solution. Bitcoin banks could also cater to the masses in this way with a slightly different trust model. Yes it’s more risk, but the tech can’t police all bad actors out of existence - just leave the surface area for deception smaller, and ultimately provide a choice, to keep the various actors honest. I feel (abused) monopolies are a very large part of what is wrong with a lot of stuff right now
Published at
2024-09-28 12:16:04Event JSON
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