I’m still pretty fuzzy on them as well. It sounds like fiat built on the gold standard but with Bitcoin instead of gold backing it.
To me, the problem is that you are trusting the Fedimint for a lot, but it has to be better than the current system.
I’m still pretty fuzzy on them as well. It sounds like fiat built on the gold standard but with Bitcoin instead of gold backing it.
To me, the problem is that you are trusting the Fedimint for a lot, but it has to be better than the current system.
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