#m=image%2Fjpeg&alt=Verifiable+file+url&x=5206f9b1f5d04e7d282d60ad5be502f78617db861f7b71e2c12c3911bf6c9750&size=125246&dim=982x1920&blurhash=%5D6SigQMx%7EWs%3Axut7R*M%7Bofxu%25MbbD%25WVWBWBIURjxut7xuRjWBofWBRPM_jZofoft8RjWBofjtIUxajtM%7Bt7ozWVM%7Bj%5Bt7&ox=1752393204192781fccea05ec104271408cee897c2ba95d17e5ba1b9a1314fdeWow this is incredible! It'd be cool if LM Studio added support for this. You could rely on cloud-based inference when you have internet and want lightning-fast responses, but fallback to local inference using the same model if you're offline or want to ask a question privately.
Welcome back!!!
Catch y'all at the next one!
The decrypted message that the threshold unwraps could, itself, be a NIP-4 message or something similar that can be shared and decrypted by the final recipient
If you encrypt the message such that it can only be decrypted by a threshold of a group of people, and you tell that group not to decrypt it until a specific time, you could achieve similar behavior. Perhaps a Fedimint module could be written to do this.
The hidden assumption being that there _is_ such a thing as a good government.
Eventually this will reverse. Nostr will be the proof of identity.
Agreed. In a free society, a bank would basically be an investment organization whose goal is to turn Bitcoin into more Bitcoin. Ideally there would be stipulations on withdrawals to avoid bank runs in a pre-agreed way rather than just hoping that everyone doesn't withdraw at once. I certainly wouldn't put my money in a Bitcoin bank that runs on hope.
Writing up a guide for how to create a Fedimint federation. Should be ready by this weekend. Stay tuned!
nostr:npub1lhuex5pzy833ekxpvdmjz9k6rvv5763e4h2cgdfsx62egu0wk6hs7yd2ck and several of our members are starting to look into setting one up. Where would you suggest we start? We have the hardware and technical ability but a guide would be amazing!
Any pitfalls or difficulty in setting up to watch out for?
I'd be happy to write up a Medium-style article on what we did!
All credit goes to @m1sterc001guy for working out the kinks, I'd mostly just be cleanly documenting what he already figured out.
Actually it is as of last month! Here's the first stable release: https://github.com/fedimint/fedimint/releases/tag/v0.2.1
Obviously still #reckless but someone's gotta start running it
Mainnet! Requires some technical expertise but nostr:npub1zswjq57t99f444z6485xtn0vfyjjfu8vqpnyj6uckuyem2446evqnxgc6x walked me and the other guardians through setting it up. We'll hopefully make a post or article on how we did it.
Running fedimint
Went to a dispensary last night and bought some CBD. They mentioned that if I paid by card it would cost a few dollars extra in fees. I paid with my debit card and noticed later that the charge showed up as an ATM withdrawal. Their point-of-sale device looked pretty normal, definitely not like an ATM. The place was fairy upscale - not shady at all, so I figured there must be a good reason they accept payments this way. After some research I found out that they do this because banks will often reject payments to dispensaries since weed is still federally illegal, and performing an ATM withdrawal for the exact amount needed allows for dispensaries to bypass this. I paid $5.50 in fees for a $40 purchase. Accepting Bitcoin seems like a great pitch to these businesses! Even if they billed the exact same price to customers, they could bypass the ATM fee for Bitcoin payments. For my purchase that would have saved almost 15%, and it'd save even more for smaller payments! 
