Did you know?
If everyone on the planet would do one self custody transaction to his cold storage wallet >>> the mempool would need 200 month for clearing!
block space is rare.
Discussion
fedimint is a solution because it makes it possible for a community to have just 1 onchain transaction for hundreds or thousands of people. inside the mint the people can trade with ease and connecting federations around the world should be a much better way for scaling then LN just alone.
the synergy is amazing!
and the custody tradeoff is certainly better then leaving coins on exchanges.
The on-chain transaction is your peg-in to the federation?