Why does Fedi only support Bitcoin?

Fedi only supports Bitcoin because it is the most secure, decentralized, and credibly neutral digital currency in the world. 

Bitcoin has no central authority that can arbitrarily change the rules, including its all-important fixed supply cap of 21 million bitcoin – which cannot be altered by governments, banks, or corporations. Bitcoin is anti-fragile, making it uniquely resilient to censorship, debasement, & manipulation.

Moreover, Bitcoin is also the best form of money ever created. Thanks to its portability, divisibility, fungibility, and overall salability across time & space, Bitcoin works across borders and generations better than any other asset. 

This makes Bitcoin the strongest foundation on which to build an app that empowers humanity in part by enabling the secure exchange of value for anyone with a smartphone, anywhere in the world.

At the same time, Fedi uses the Fedimint protocol to solve some of the challenges people still face when using Bitcoin directly – ensuring fast, low-cost, and private transactions through Bitcoin-backed eCash. 

The combination of Bitcoin and Fedimint empowers Fedians to take advantage of Bitcoin’s unmatched resilience and monetary properties while enjoying a simple, familiar payment experience.