Yeah, and I understand that there needs to be trust for this but my concern is bigger than just trust. Since those controlling the mints are technically in custody of and issuing money, they are going to owe certain duties to their users, and will also have to go through a registration process in the US (sorry ancaps, but that’s reality right now). Because of this, it will be very difficult for average people to just start their own mint without legal implications. It will be businesses & corporations that start the mints which means more centralization, and then all of a sudden we’re just back at big “banks” controlling our money supply again. Then as soon as one of them gets caught with fraud, fractional reserves or the like, the govt decides they need to regulate it harder and we’re essentially back to a central bank.