@Alanna: "I have many times performed the financial admin role in organisations with traditional two-to-sign bank accounts, and it's always been a huge pain in the ass."

Same. I really, really hear you on this one.

@Alanna: "So what I am saying is.... for this to work we'd need to all be prepared to take it a lot more seriously than "normal" banking security and "normal" group responsibility to one another. I hadn't really thought about it in those terms until now."

You've gotten to the heart of something quite profound here. I'll try and unpack this, but my thinking and understanding here is still super entangled, apologies if this gets esoteric (at best) or non-sense (most likely).

I believe we're a new type of formation.

We're spread across Fiji, New Zeland, Australia, Germany and UK. We don't have a formal organisational form. We don't have a bank account. We operate a shared Bitcoin multisig wallet.

The following is overly simplistic - but you'll hopefully see what I am getting at. If something goes wrong with the signatories of the charity, there is proceedure and process to work around those issues. If there are issues at the banking level then there is recourse through either insurance companies or by going to the government (who can print more money and bail out banks).

Early Bitcoiners' call to arms was "Be Your Own Bank". For some time I have been thinking of this from the commons/community perspective of "Being Our Own Bank" - but @Alanna you've reminded me here that it is actually something different even beyond that. When the Banks fuck up - they have people who can bail them out. If we fuck up, we won't...

IMO this is both dread filling, but also the opportunity space for uplift, community-actualization and space to grow into a new form of collective power.