Oh boy, I hope you guys aren't planning to stand up your own federation for Mutiny, and are only planning to allow folks to plug in already deployed ones

vindard

> That isn't true though because they can do shotgun KYC

And miners can request KYC information to be submitted alongside their transaction too, but you don't see that happening. 

Hell, even on ethereum they can't even enforce all of the permissioned validators to comply with US sanctions law to block transactions. Why? Because it is a distributed network that requires majority consensus to process transactions. It is not a custodial system and neither is fedimint. 

Your satire humor is funny and all but look at it from a technical perspective about how it operates compared to other networks. 

How would that work if the mint is geographically distributed?

Oh boy, can't wait for the many fuck-up's these mints will produce...

Oh yeah and if anyone thinks "a court could never force a multisig's members to take user funds" check out this headline:

> **UK Court Ordered Oasis to Exploit Own Security Flaw to Recover 120k wETH Stolen in Wormhole Hack** [source](https://medium.com/@observer1/uk-court-ordered-oasis-to-exploit-own-security-flaw-to-recover-120k-weth-stolen-in-wormhole-hack-fcadc439ca9d)

This court-ordered confiscation was enforced by the app's admin multisig. Coming soon to a fedimint near you!

> no federation can be aware of who you are

That isn't true though because they can do shotgun KYC

> We've been informed by a European court that they suspect a terrorist is using our fedimint service. Accordingly, all user funds have been confiscated by the government, and withdrawals on this website are henceforth permanenty disabled. If you are a legitimate user, you may visit amlcommittee.com.eu to request your funds. Requests must include identifying information and an explanation about why you were using a known money laundering tool. Requests will be reviewed by the court's appointed committee and further investigation may be performed on a case by case basis. Innocent users will have their funds restored pending the committee's approval. Investigations may take up to 90 days and will be very thorough, prepare your anus.

supertestnet

> if the federation chooses not to like you

Are you aware that ecash has some of the best privacy guarantees you can get such that no federation can be aware of who you are or what transactions you were apart of? 

TonyGiorgio

ecash

What is fedimint to you? 

A company's parasitic attempt at middle-manning what should be trustless, permissionless, borderless, etc.

It's a glorified SQL database that requires you to lock away BTC with no promise you'll get it back if the federation chooses not to like you. It's a walled garden similar to AOL where you're only allowed to engage and co-mingle with pre-approved participants.