How Fedimint Scales Bitcoin with Obi Nwosu

SHOW NOTES:
https://www.whatbitcoindid.com/podcast/how-fedimint-scales-bitcoin

Obi Nwosu is a co-founder of Fedimint and a board member of Jack Dorsey’s and Jay-Z’s ₿trust. In this interview, we discuss the mission of Fedimint: empowering communities around the world by allowing them to take control of their money. We also talk about the importance of trust models in relation to storing Bitcoin in Fedimint.

THIS EPISODE’S SPONSORS:
Iris Energy - https://irisenergy.co/
Wasabi - https://www.wasabiwallet.io/
Ledn - https://www.ledn.io/
Ledger - https://www.ledger.com/
Unchained - https://unchained.com/

SUPPORT THE SHOW:
→ Become a Patron: https://www.patreon.com/whatbitcoindid/
→ Subscribe on iTunes
→ Leave a review on iTunes
→ Share the show out with your friends and family on social media
→ Drop me a line on hello@whatbitcoindid.com
→ https://www.whatbitcoindid.com/sponsorship/

TIMESTAMPS:
00:00:00 Introduction
00:04:57 What is Fedimint
00:10:54 Example use case - West African farming cooperative
00:18:33 Volatility risk: stablecoins and stability pools
00:25:24 Live Demo - Lightning transaction via Fedimint
00:37:51 Comparison to Liquid; benefits for Lightning Network
00:48:58 The trust dynamic of Fedimint
00:59:30 Live Demo 2 - setting up a Federation; private key backup
01:19:48 Fedimint chat function; making offline payments
01:30:31 Fedimint actions to aid Bitcoin adoption

WHERE TO FIND THE SHOW:
→ My website: https://www.whatbitcoindid.com/podcast/
→ iTunes: https://apple.co/2OOlzVV
→ Spotify: https://spoti.fi/2ygc4W1
→ Stitcher: https://bit.ly/2IQO8fX
→ SoundCloud: https://bit.ly/2CGSVQR
→ YouTube: https://bit.ly/3nyi9Ez
→ TuneIn: https://bit.ly/2ywystr

LISTEN TO OLD EPISODES:
→ By guest: https://www.whatbitcoindid.com/guests/
→ By topic: https://www.whatbitcoindid.com/topics/
→ Transcriptions: https://www.whatbitcoindid.com/transcriptions/

WHERE TO FOLLOW ME:
→ Twitter: https://twitter.com/whatbitcoindid/
→ Medium: https://medium.com/@whatbitcoindid/
→ Instagram: http://instagram.com/whatbitcoindid/
→ Facebook: https://www.facebook.com/whatbitcoindid/
→ YouTube: https://www.youtube.com/whatbitcoindidpodcast
→ Website: https://www.whatbitcoindid.com/
→ Email list: https://www.whatbitcoindid.com/subscribe/

LEARN ABOUT BITCOIN:
→ Step by Step Guide: https://www.whatbitcoindid.com/learn-bitcoin
→ Training: https://www.whatbitcoindid.com/training/
→ Resources: https://www.whatbitcoindid.com/resources/

#Bitcoin #Finance #Economics

****