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Daniel [There Is No Second ₿est] | 6 months ago (raw) | root | parent | reply | flag 
 the idea is to select people you know and trust as guardians of the federation, so called 2nd party custody model. The mint could issue unbacked by bitcoin tokens but that can be done if 2/3 of the guardians are ok with it
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chucklangstrumpf | 6 months ago (raw) | root | parent | reply | flag +2 
 thanks for your answer. to me that is peak retardation, there is nothing left of why i got into bitcoin in the first place.  A coin with no privacy, no decentralization, trusted third parties everywhere and now not even a fixed supply.  total degeneration.