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126 sats \ 2 replies \ @endothermicdev 2 Mar \ on: In the long run, are darknet cashu mints more viable than legal ones? conspiracy
I think there's a good argument that such a mint would be more open, permissive, and available. On the other hand, if a mint is unable to collect data on its users, and especially if each signer is only part of a quorum (jurisdictionally distributed perhaps), it could be argued that they're powerless to do much anyhow. Of course if a majority of the traffic appears to support North Korea's Lazarus group, that argument could quickly fall apart. The jurisdictions could decide that the collateral damage in completely shutting down the mint may be worth it.
On the other hand, if a mint is unable to collect data on its users, and especially if each signer is only part of a quorum (jurisdictionally distributed perhaps), it could be argued that they're powerless to do much anyhow.
What do you mean by quorum and signers? I meant cashu mints and not fedimint mints. The former are not federated, don't they have just one signer?.
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When you said "such as cashu wallets and mints" I thought you were including fedimint in the discussion as well.
Yes, a cashu mint could be quite vulnerable if it's a known entity - much easier to shut down if there's a single point of failure and that point is known.
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