This episode, we're sitting down with Eric Sirion and Matt Odell to chat about FediMints, a fascinating and unusual new proposal that seeks to ease onboarding and privacy on Bitcoin with important trade-offs.
More about Eric Sirion and Matt Odell:
Eric Sirion's guest profile -- https://optoutpod.com/guests/eric-sirion/ Matt Odell's guest profile -- https://optoutpod.com/guests/odell/
More about FediMints:
Website -- https://fedimint.org/ Github Organization -- https://github.com/fedimint FediMints Telegram room -- https://t.me/+-AsKtcH4Geo2ZTU0 Citadel Dispatch episode feat. FediMints -- https://citadeldispatch.com/cd45/
This episode on Youtube:
How FediMints could ease onboarding and privacy in Bitcoin w/ Eric Sirion and Matt Odell
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Timestamps:
2:04 Eric and Matt introduce themselves 4:48 What was it that woke you up to the need for more attainable privacy on Bitcoin? 10:14 What prompted the creation of FediMint? 19:35 What would you hope users get from using FediMint? 34:02 What are the key trade-offs with FediMint, and why do you view them as worth it? 42:09 A shoutout to Opt Out's sponsors 43:41 How does FediMint provide strong privacy to users despite being custodial? 47:12 What are your thoughts on the legal and regulatory attack surface FediMint may bring on custodians and users? 57:29 What financial incentive do FediMint custodians have, and how can they build a business model around FediMint? 1:05:03 What does user authorization/access look like? Are seed-phrases unnecessary? 1:11:20 How does FediMint pair with Lightning? How are they symbiotic? 1:21:42 How do you view the tradeoffs of FediMint vs using Monero for spending while saving in Bitcoin? 1:30:02 How can listeners help support what you're doing with FediMint?
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