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Fedimint - noun - a machine that converts p2p decentralized ecash (BTC) into exchange traded, centrally issued "privacy tokens" (shitcoins).

Its just like holding BTC at a custodian except its not BTC because the custodian controls the supply of tokens.

Deposit your sats into fedimints to experience the cutting edge in rug-pull technology. Another place for "paper bitcoins" to proliferate.