Agreed that people shouldn’t store large amounts on LN or Fedimint. Just like I don’t carry life savings in my pocket wallet.
Fedimint guardians are the only ones who know the overall liabilities of the mint, while individual users only know their portion. Total assets of the Fedimint are known, but not total liabilities.
There are a few different scenarios outlined on the fedimint.org site.
https://fedimint.org/docs/TradeOffs/DebasementRisk
Marks
npub136…tjnxf
2024-07-06 14:42:03
in reply to nevent1q…msmq
Author Public Key
npub136jg2fnty2z5vwcnh7p4jpckrs3tk0dpueftgs7mznuuaenjpfps6tjnxfPublished at
2024-07-06 14:42:03Event JSON
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