The "What is Money?" Show cover image

Bitcoin and Near-Perfect-Privacy with Obi Nwosu (WiM241)

The "What is Money?" Show

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Privacy Is Important When We Reach Global Scale

FETI is the completion of the Bitcoin open source tech stack, according to Vitalik Buterin. It's a system for money transmission that lies on communities like Hwala and other systems. The community as a whole underwrites the loan on behalf of the individual. And because it's underwritten by this pool of money, the individuals able to get a much more affordable set of terms for their loan from an external party.

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