CEO & Co-Founder of Fedimint, Obi Nwosu, joins me for an in-depth conversation on how his protocol "Fedi" is helping Bitcoin fight against regulatory capture by creating a new protocol that allows for trust-minimized custody, privacy, and payments.Be sure to check out Swan Private, the trusted Bitcoin financial services provider for high-net-worth individuals and businesses worldwide: https://www.swanprivate.com/breedloveGUESTObi's Twitter: https://twitter.com/obiFedi Website: https://www.fedi.xyzFedimint Website: https://fedimint.orgPODCASTPodcast 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?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:Outline00:00:00 “What is Money?” Intro Music00:00:08 “What is Money?” Intro Message00:00:54 Learn about Bitcoin with Swan Private at SwanPrivate.Com00:01:48 Do More with Your Digital Assets with Ledn00:02:33 What is Fedimint?00:06:28 Advantages and Costs of a Fedimint Federation00:08:50 Communal Custody and Guardianships00:17:21 Obtaining Near-Perfect-Privacy00:20:59 Issuance and Distribution of Fedimint Federation Tokens00:26:42 Take Control of Your Healthcare with CrowdHealth00:27:44 A Bitcoin Wallet with Privacy Built-In: Wasabi Wallet00:28:20 Invest in the Fine Art Market with Masterworks00:28:55 Hold Bitcoin is the Most Secure Custody Model with Casa00:29:45 Auditability and Privacy withain a Federation00:34:25 Issuance of the "E-Cash" Tokens and How it is Compatible with Bitcoin00:38:52 Selecting the Guardians within the Federation00:41:19 Challenges with Self-Custody of Bitcoin and How Fedi Helps00:45:52 The Game Theory of Fedimint Federations00:53:00 The Future Vision For Fedimint00:59:30 Sign up Times and Adoption Rate01:03:38 Scaling of the Lightning Network01:11:14 Where to Find Obi's Work01:12:08 "What is Money?" Outro MusicSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueRECOMMENDED BUSINESSESSwan Private guides high-net-worth individuals and businesses in all areas of Bitcoin strategy: https://www.swanprivate.com/breedloveLedn lets you do more with your digital assets: https://www.ledn.io/CrowdHealth offers an innovative health insurance model based on Bitcoin and community: https://www.joincrowdhealth.com/breedloveWasabi Wallet is a Bitcoin wallet with privacy built-in by default: https://wasabiwallet.io/Masterworks let you access the fine art market at more affordable price points (use discount code BREEDLOVE): https://www.masterworks.comCasa is the most secure way to custody your Bitcoin (use discount code BREEDLOVE): https://keys.casa/Automatic Recurring Bitcoin Buys and Withdrawals: https://www.swanbitcoin.com/breedlove/