Can we talk about this. I’m working on something that will end up giving me more power than I care to have in a decentralized community. However, given the nature of fedimints, there’s not all that much reponsability on any one person. I can see a few moral conundrums that will arise because of it and I’m not sure how to proceed.
Discussion
If you find the responsibility too much to bear, just like cash you can give away large amounts of it with very little effort. Financial advisors like Dave Ramsey actually recommend giving as a part of your journey towards obtaining wealth. It keeps you grounded.
I'm part of a loose consortium of Bitcoin Meetup organizers, myself included, have turned down a few people who wanted to donate because we don't have a real good mechanism to do it with. The issue is about starting a foundation as a one stop donate to all kind of thing for the people who want to help.
They want to help so we should let them. That's proper. A board or directors would decide how the funds get distributed.
However, I would like to do it as a fedimint. That would sort of connect all the major population centers in the state. But, that would mean that us guardians, would hold the keys for so many people. I really want to do this because it's good for the entire state. But at the same time, that puts a lot of the power in the hands of six seven people. I can handle the responsibility. The question is a moral one. Is it ethical for me to push for this?
I know what I'm doing. I am ready for the fight. I know their attack vector and, it will be that of morality. I'm not sure I will disagree with all their words. I need to answer these questions for myself, before I start.