First of all, gm. Secondly, —

> that's fedimint.

Yeah but fedimint is just a big multisig. I just wish there was some sort of consensus mechanism for controlling a mint. It’s just a thought, i’m not smart enough to figure these things out and maybe cashu’s design wouldn’t even allow for something like that.

> mints can either be treated as an unlicensed money transmitter,

Agreed. I don’t see any regulated institution using cashu, it’s too private for them.

> or begin using the KYC feature that calle is working on right now

- Yeah what’s that all about 🤦🏻‍♂️lol

> perform fractional reserve free and clear.

- yeah this is definitely a deal breaker for cashu.

> the trick is to provide scalable self-custody and privacy without shapeshifting into a different species.

- Yep. Do you think any of the newly proposed soft forks will allow for this to be done on layer 2’s ? How about Ark and Bitvm2 ?