Why aren't more people using Cashu / Fedimint? Is it too difficult to run a mint, or do people not trust them?
Discussion
Because its not easy and people dont trust the mint
I'm not saying I haven't had some sats rugged unintentionally, but for small amounts it still seems pretty convenient. Can we not get someone quasi trustworthy to run one?
nostr:nprofile1qqs9pk20ctv9srrg9vr354p03v0rrgsqkpggh2u45va77zz4mu5p6ccpzemhxue69uhk2er9dchxummnw3ezumrpdejz7qgkwaehxw309a5xjum59ehx7um5wghxcctwvshszrnhwden5te0dehhxtnvdakz7qrxnfk tgis account has all the info you need. On this account you will find mint proof of reserve. Scroll tgis account
Don't we have enough mints? The number is growing.
If we have mints, what else do we need? Do people not trust the mints? Is there not a killer app yet?
Increase the number of Bitcoiners, use Bitcoin more
Too passive. Sure, when there are more Bitcoiners people will use Bitcoin more. With Lightning we say that it's difficult to open, manage, and keep channels liquid. But Cashu / Fedimint don't have these problems, yet they're still not taking off. Since trust is the primary concern of ecash, do people not trust the existing mints? Or is the problem deeper, that there isn't a compelling reason to transact in Bitcoin?
