Oddbean new post about login | logout So I have to trust mints? What if all mints runs by years by feds passing by honest people waiting to confiscate all satoshis?
You have to trust mints
Wouldn't then the problem that Satoshi Nakamo was trying to solve with Bitcoin, keep existing? “The root problem with conventional currency is all the trust that's required to make it work. The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust.” - Satoshi Nakamoto