reply on: Fedimint and a new era of "Free Banking" \ stacker news ~bitcoin

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25 sats \ 0 replies \ @VzxPLnHqr OP 14 Sep 2022 \ parent \ on: Fedimint and a new era of "Free Banking" bitcoin

And I see no benefit to trying to make Fedimint work this way. Why not just ask interested investors to spend their eCash to purchase a share or bond or whatever, which is issued outside of Fedimint?

There is increased privacy and convenience for investors, but at the cost of, presumably, reduced returns and additional trust in the guardians to deploy the proceeds from the sale of these savings bonds.