Replying to Avatar Brad Mills

Are we at the point where it’s safe to setup a fedimint to onboard friends and family to Bitcoin?

I love giving away sats but I really don’t like “wasting” sats.

At least with a fedi instance you can recover people’s coins easily and when they’re ready they can withdraw them into their own custody without your help.

The problem with uncle Jim mode is it doesn’t scale with the amount of time and energy you need to spend with everyone when they have questions.

I want to be able to onboard thousands of people in a way that I know they are not going to lose their keys or their seed phrase.

It seems like with a fedi instance you can give like Santa and save like Scrooge.
Avatar
calle 1y ago

you can use cashu: set up mint, connect to Lightning node, done.

Reply to this note

Please Login to reply.

Discussion

Avatar
Sacred Peak 1y ago

note to future 2025 self: figure out ecash, cashu, be nice to calle and learn

Avatar
Brad Mills 1y ago

Is it ready for HODLing for 3-5 years ?

Avatar
calle 1y ago

You're in control of the Bitcoin, they hold ecash as a claim to their share. If you can hodl the Bitcoin and keep the mint running, they just need to store their ecash seed phrase, while also being able to use any Cashu wallet to make payments.