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Revolutionizing Bitcoin: Fedi and the Fedimint Protocol with Obi Nwosu (WiM519)
Obi Nwosu joins me to discuss Fedi and Fedimint, tradeoffs in transaction speeds, decentralization, and trust, auditability vs privacy, the danger of totalizing knowledge and the importance of community, what to prioritize when building a team, and the transformative impact of Bitcoin on individuals.
Obi Nwosu is co-founder and CEO of Fedi, and a board member of ₿trust & Gridless.
// GUEST //
X: https://x.com/obi
LinkedIn: https://uk.linkedin.com/in/obinwosu
Fedi Website: https://www.fedi.xyz/
FediBtc X: https://x.com/fedibtc
FediMint X: https://x.com/fedimint
₿trust: https://x.com/btrustteam
Gridless: https://x.com/GridlessCompute
// SPONSORS //
The Farm at Okefenokee: https://okefarm.com/
Heart and Soil Supplements (use discount code BREEDLOVE): https://heartandsoil.co/
In Wolf's Clothing: https://wolfnyc.com/
Tuttle Twins: http://angel.com/breedlove
Mindlab Pro: https://www.mindlabpro.com/breedlove
Manscaped (use discount code BREEDLOVE): https://www.manscaped.com/
Emerge Dynamics: https://emergedynamics.com/breedlove
// PRODUCTS I ENDORSE //
Protect your mobile phone from SIM swap attacks: https://www.efani.com/breedlove
Noble Protein (discount code BREEDLOVE for 15% off): https://nobleorigins.com/
The Bitcoin Advisor: https://content.thebitcoinadviser.com/breedlove
Lineage Provisions (use discount code BREEDLOVE): https://lineageprovisions.com/?ref=breedlove_22
Colorado Craft Beef (use discount code BREEDLOVE): https://coloradocraftbeef.com/
// SUBSCRIBE TO THE CLIPS CHANNEL //
https://www.youtube.com/@robertbreedloveclips2996/videos
// OUTLINE //
0:00 - WiM Intro
1:10 - Introducing Obi Nwosu
11:31 - Obi’s Introduction to Bitcoin and Building Coinfloor
22:12 - Exchanges, Shit-coins, and Self-Custody
33:21 - The Farm at Okefenokee
34:31 - Heart and Soil Supplements
35:31 - Helping Lightning Startups with In Wolf's Clothing
36:23 - What is Fedi and Fedimint?
47:08 - Tradeoffs in Transaction Speed, Decentralization, and Trust
1:02:08 - There are Always Tradeoffs
1:08:16 - Auditability vs Privacy
1:22:04 - The Danger of Totalizing Knowledge and the Importance of Community
1:31:48 - Tuttle Twins: Teaching Kids Critical Thinking
1:33:05 - Mind Lab Pro
1:34:16 - Emerge Dynamics
1:35:19 - Community as “Common Unity”
1:45:46 - How Fedimint and Lightning Compliment Each Other
1:57:32 - Fedi the Company vs Fedi the App
2:15:40 - Building the Fedi Team
2:33:22 - The Broader “Crypto” Market
2:42:58 - Store of Value, Medium of Exchange, Unit of Account
3:02:22 - Bitcoin’s Transformative Impact on Obi
// PODCAST //
Podcast Website: https://whatismoneypodcast.com/
Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400
Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE
RSS Feed: https://feeds.simplecast.com/MLdpYXYI
// SUPPORT THIS CHANNEL //
Bitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7
Sats via Strike: https://strike.me/breedlove22
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Dollars via Paypal: https://www.paypal.com/paypalme/RBreedlove
Dollars via Venmo: https://account.venmo.com/u/Robert-Breedlove-2
The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101
// WRITTEN WORK //
Medium: https://breedlove22.medium.com/
Substack: https://breedlove22.substack.com/
// SOCIAL //
Breedlove X: https://x.com/Breedlove22
WiM? X: https://x.com/WhatisMoneyShow
Linkedin: https://www.linkedin.com/in/breedlove22/
Instagram: https://www.instagram.com/breedlove_22/
TikTok: https://www.tiktok.com/@breedlove22
All My Current Work: https://linktr.ee/robertbreedlove
How Fedi and the Fedimint Protocol Revolutionize Bitcoin with Obi Nwosu (WiM519)
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