Totally, trusting a FEDerated mint is like trusting the FED. There are also a bunch of people i dont know who say they only have my wellbeing in mind and i should trust them. Where is the difference?

I have read the page you sent me and i have played around with ecash, what i do not understand at all - you get a string from a mint, send it to somebody else and he goes to the mint and pastes that string into a textarea on the mints website.

So the mint can log the ip of who gets the string and the ip of who redeems the string and where is the great privacy in that? 

Also the faq you sent me did not answer this question to me.