Someone explain fedimint to me in memes
Discussion
#asknostr
#m=image%2Fjpeg&dim=1792x1024&blurhash=iLA-JCwE9Di*R.P9RPakIU.Ai%5DRQV%5DOBo%23wfkSRiaQRjRjo4S%24kWxZr%3BxtnNo%7CeojIXSV%5BozV%3Fj%40wItQV%40oLo%7DRjWXRQWX&x=e743f887da54e3fea3e3eb6dd3e19e18c5dc6445333b26266ea56fed8b77ffca
#m=image%2Fjpeg&dim=534x467&blurhash=%3B9Dbi%5E%25x00S2%5EjOB9%5BIVxGT3Vt01V%5B%24*xGoz%24*-oPWM%7DVZ%2519tNa%3FHt6E2%7Eox%40%2CmNGELs.%25LNGadtTRjD*W%3DIqw%7CxvR-ay.8jvE1WVxDW.oeWUR%2B%3FGt5M%7Bs.ofR%2BkCe%3As%3A%24*M%7CIpoMoNWVNHxZs%3B&x=892560013e4728f0ce4ff0dbe638450f711e926f4133dd4fb1db474de24a4321
But only if the casino didnt know who you were.
Ya, and the chips from one casino were interoperable with others π
This is not true of ecash. Ecash from one mint cannot be redeemed at another. Not yet at least.
#thecasine is gonna love this
Sounds like a womenβs product π
ohhh like a mint that makes u horny ?
I was thinking more like a contraceptive π₯Ήπ but that works too π₯
Hahahah this sounds like a great product! Lemme know if you need any investment!! π«‘
Iβm thinking we go with the horny pills - less liability π€. Iβll get some skittles, paint them white and hope that people touch and taste that rainbow π₯Ή among other things π₯
nostr:npub1el3mgvtdjpfntdkwq446pmprpdv85v6rs85zh7dq9gvy7tgx37xs2kl27r you think we got a good product? π€π₯Ή 
Something like this perchance?
#m=image%2Fjpeg&dim=860x860&blurhash=U%5BPGT%3Djs_NW%3Ba%24fkoef5NGazxaj%5Bobayf9kC&x=f60761cf0dfb7adfd70a9e0bc6066779e908f5b308b893d7855f9f0314014223
What in the world π€£π€£ππ€£ππ₯π€―
> Horny goat weed contains chemicals that might help increase blood flow and improve sexual function
https://www.webmd.com/vitamins/ai/ingredientmono-699/horny-goat-weed
π§π§π§
ππππ€£π ohhhhh I thought it doubled up as weed too, I thought bloooody hell thatβs wild ππ€―ππ€£π€£π€£πππ½π«
Well since you were curious, I got curious. Here's a review π€£π€£π€£
"However the euphoria quickly went away, and was replaced w/ irritability.
The smallest little things were irritating me- I felt short-tempered and sharp-- all the while, I was still feeling high."
&
"if you ask me, that's some crackhead shit."
Looks like a 0/10 don't try π« π« π«
https://www.shroomery.org/forums/showflat.php/Number/8249136
Oh dear ππππ½π«
This right here is all you need gents ππ₯
Awesome pick! but idunno, I think Deftones make some fire music for that stuff π₯π«‘π§
Love this π₯ shall be adding to playlist π«
Whole album is a vibe π€ some real gems in there. Lyrics would make you π³π«£
Wow really? π₯π₯ shall have to spice up my current playlist π
They used to sell this stuff in vending machines in mens bathrooms at the clubs in π¨π¦
Iβm probably had a handful of capsules just to test the waters
Bitcoin native gift cards issued by a federatiom of people. Redeemable only within the federatiom. Interoperable over LN and on-chain.
#m=image%2Fjpeg&dim=671x372&blurhash=iAH-Sx%3BM00BWt2jbrXr%3F%5Ei5%3AwJTcJU%25Nogrqs9RP%3Fdsld%3AsCwgNuS1ozJBAVbbiyaf%25fODRQNHt3%25fNJIW-SxtNKR*NbsC&x=d686e8cab8d992724f28c3dd1ede64de7a49a636542c7cdc8bb3b9a73cf74635
Hereβs my serious but also uninformed and retarded understanding
Itβs like a multisig wallet with a fuckton of sigs, so a conspiratorial amount of people must decide together to rug you specifically, in order to be rugged
How this relates to lightning or ecash (which i also donβt understand) i have no idea
But the idea is that it is shared custody of sats, taking the burden off the individual and reducing coubterparty risk by spreading out the custody across many parties
Sounds complicated to me for the individual who is scared to self custody in the first place tbh
Maybe it somehow helps scaling too?
Godddamn thatβs confusing
#m=image%2Fjpeg&dim=888x499&blurhash=iNF%7DD%40J62a%7Dt%24iAsRP%24koc8_XTODn4aeI%3BxaniJ8TJVsrXTJkCxGofbaW%3DR*oMspS1Ser%40fkX7w%5EtRs%3At7aejFo0R%25fkni&x=14d35d544b9c1b629016efa87f4bbc7f2e06fdd431761fcfc0c75d5f1992221a
πππ hahaahha
Hahahahaa
Pretty much
#m=image%2Fjpeg&dim=1080x607&blurhash=iCD9D800F%7E9ptpQ*OAof-r%25QEK%25O%24PM%5EwIbckYRi4..9VVxJXNo%24VqX8S1nf%24kImXSXAJ6sor%3Dxb00ogxvt7rpo%7ExvRiM_&x=dba40235330ff709f360a932087ddd0f581a878d1fa8e7dfd3b057ac46a3fc8a
I've been reading through the Doc's site in an attempt to kind of understand better. So far it seems like a custodial trade-off. It uses E-cash, so think cashu, for user privacy. They also urge that fetiments be run by what they are calling a 2nd party custodian. Friends, family, somebody trusted in your community that you could essentially go break their knees if they rug you.
To use their words, it's a community custody solution. The smaller the community, the higher the trust, but the lower the anonymity set. No matter what size of Fedimint you join though, you are essentially trusting these Guardians not to collude to rug you, which is a possibility.
I'm still pretty on the fence about this concept. I understand that people's grandmas aren't going to want to manage lightning nodes, so there are going to be some custodial trade-offs, especially at scale. Im still reading the docs though. This is my morning task. Lol.
I feeeel that, seems important to learn more about it!
I'm in general pretty against custodians, but I've been letting some people use my lightning node via LNbits, so I've kind of been acting as a custodian.... If I am going to act as a custodian and Uncle Jim people onto the Bitcoin network, I would like a more private solution because as much as I love LNbits, it's really not the most private way of doing things. For the user.
Absolutely, I agree with you π― and itβs really cool youβre doing that enki!! Lfg!
Ohhhh check it out average gary explained it really well nostr:note1mlu2p5f0zxcgw56q0vcxzp3wxhsptxwq43gwgsqkmlp92nxsz8jqc7696q
#m=image%2Fjpeg&dim=1080x1370&blurhash=_BGudo.79F4TE4IUE2OZ-TWCRjM%7BM%7B-%3B004.%3Fbj%3FNGozoz%5E*tR-%3Ar%3DIpM_oz%3FvVroINb%7EWs.Rj8_9ZIo%3Fa%25LW%3BR-aKjs%25MM%7CRPaeWC%3Fu-ps%3AD%25Rjs%3A-pXAIUM_xts%3ANHxZ&x=fbc1a5846eef664c9116e4a6f26e3f3d00fbe5e19260b24160fd38da5c6609b4
Made another for you π€£
nostr:note1pgynttvejex57y4gxaznurtcu2l5nwj8rqymshxqpky79znt4zusmhlxku
WALLET OF SATOSHI BUT LESS RUGGABLE AND MORE PRIVATE