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So many rabbit holes, who can keep up anymore. I feel like technology development is similar to a fractal.

Skimming it, I notice a fee ... for what? Many of the corporate "open protocols" often over-engineer stuff to somehow justify some developer tax and Fedi always had this closed doors corporate vibe. I hope they proof me wrong! The other thing ... are federations meant to be made using anonymous guardians? That's wild and not what I had expected. Curious to learn more on this, too.

This is the most confusing app. I can't figure out a way to use any of it. I will keep trying...

When unofficial fedi clients? Is it possible or is fedi too proprietary and subject to unannounced changes?

What I love about Apple- whenever they introduce new hardware or software they just use their products on stage like you would normally on any given day. By the end of their presentation you've seen every new nook, cranny and feature of what they're releasing. Fedi could really use something like this. Jeff, I love you and your message. But until I see an easy to understand demonstration, even as someone on the bleeding edge of technology this feels out of reach. I understand its importance and why it exists. Are you implying that I leave cold storage behind entirely? Partially? I can transact outside the federation semi-privately? Is this a savings account, checking account or wallet in regards to holdings amount/security?

Just created a federation myself. Easy!

who runs the g bot and how are we to trust it?

nostr:nprofile1qqsgssmk5x8sd4jc57h7r3pqdlesmdyscqu0l0xm55nc8n4874mcndgpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhgqgawaehxw309aex2mrp0yhxyatvd35hx6rzda6kuare9e3k7mgn8dgwp !add

I very much second this request. I understand the concept but the execution is still abstract. And the rhetoric is feels a little bias. The last quote that if you use bitcoin and someone can see your transactions and therefore confiscate your coins just isn’t true

It's very forward thinking- the idea is that in the future potentially blockchain transactions will be heavily tracked. A bad actor be it a criminal, government, or criminal government could piece together who people/entities are and go after them & their coin. Fedi is a shield against this. John McAfee warned about this suggesting that this was a huge flaw in Bitcoin, but Jeff is solving this on layer 3. As someone that is educating others on Bitcoin, I need full confidence in what I'm talking about and recommending. I have so many questions I'm not sure where to start, but this looks like something I want to onboard everyone I know to.

Appreciate the response. I fully agree that the privacy issue is a real problem. But what I still struggle with is the other side of the coin. If bitcoin is don’t trust, verify then doesn’t hiding the transactions defeat that purpose? I get that the main chain is then used for settlement so the funds themselves are what is verified on the distributed ledger. But in the case of the fedi mint isn’t this then honeypotting the settlement funds to a single source? Maybe I’m missing a big step here, I’m just trying to reason through this without a heavy tech background

Full disclosure I have no idea how it works, but to take a stab at what I think is happening is that it's using a behind the scenes multi sig that is held by the guardians, but I don't believe the guardians know the other key holder's identity so I believe it's actually pretty secure. I'm assuming Fedi itself is using the multisig behind the scenes to send funds outside the group. I'm getting the overall image of this being more of a checking account type wallet. Much more secure than a standard hot wallet, but not cold storage. Hopefully Jeff can jump in at some point and help break this down. I think because it's so early we wrestle with feeling comfortable with coins outside of cold storage and being held on a higher layer. I imagine the majority of the population won't bat an eye at something like this because they won't know any different by the time they adopt it. But for early adopters understanding cold storage and multisig this feels terrifying right now.

I’ll be doing a podcast with nostr:npub1cj8znuztfqkvq89pl8hceph0svvvqk0qay6nydgk9uyq7fhpfsgsqwrz4u in 2 weeks and we’ll make sure to cover this extensively. High level here is now that the OG guardians are unknown to each other and unknown to Fedi. That allows anyone to start a federation (and use 3 other guardians) without risk of collusion. Because all of these federations are interoperable through lightning, an analogy to bitcoin is that it scales “nodes” (these nodes can’t be found) and all transactions and communications are only peer to peer on top of that foundation. So I as a user can now create my own federation (with whatever rules and limits that I decide) and protect my friends/family or anyone else who wants to join my federation with complete anonymity.

Thank you sir, looking forward to it!!

Would be great if you could demo the use case during the podcast or link it in