Ethan Tuttle on Nostr: Trust nothing. The trust is based on the relationship between users and the fedimint ...

Trust nothing. The trust is based on the relationship between users and the fedimint guardians aka node runners. See here for a more technical answer about proof of liabilities: https://gist.github.com/callebtc/ed5228d1d8cbaade0104db5d1cf63939