Podknife - Obi Nwosu (Fedi) on Second-Party Custody with Fedimint (EP.344) by On The Brink with Castle Island

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Obi Nwosu (Fedi) on Second-Party Custody with Fedimint (EP.344)

Podcast |: On The Brink with Castle Island
Publisher |: Castle Island Ventures
Media Type |: audio
Podknife tags |: Bitcoin,; Business,; Cryptocurrency,; Interview,; Technology
Categories Via RSS |: Business,; Investing,; Technology
Publication Date |: Aug 29, 2022
Episode Duration |: 01:01:24

Obi Nwosu, CEO and Founder of Fedi joins the show to cover a new model for shared Bitcoin custody in Fedimint. In this episode:

Obi’s experience with Coinfloor and how that informed his views on custody
Why third party custody with Proof of Reserves isn’t sufficient
Why ‘credible centralized’ custody shouldn’t be the default
Why state level attacks on custodians are ramping up
Obi’s early prediction that Nigeria would be the heartland of Bitcoin adoption
Why messaging apps are actually the most popular p2p exchanges worldwide
The history and origins of Chaumian Mints
How the enabling pieces of Fedimint all came together over time
The relationship between federated custody and microfinance
How Fedimint is analogous to Free Banking
Does Fedimint satisfy Hal Finney’s vision for Bitcoin banks?
How Fedimint compares to first party custody
How Obi expects regulators to react to Fedimint

Learn more about Fedi and Fedimint.

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