@freedomtools Finally? Like, what took them so long?
Except the need for private transactions is never going away. And there is no better solution anywhere on the horizon.
It's like a scare campaign against closing the bathroom stall door. GLWT.
@magicbeergut @hetzlemmingsworld Minimum 50 years, possibly never. If you believe the director of the Institute for Quantum Information and Matter.
@beeng IANAL, but I'm pretty sure that "enabling the use of privacy coins" has not been the charge in any US case.
"Money Laundering" is the charge.
And this is why WE NEED DEXES, and why I do what I can to support my preferred project (Haveno)
@mister_monster @fullmetalScience Consider standing up a Haveno test node!
https://github.com/haveno-dex/haveno/blob/master/docs/installing.md
@n3m37h @GregorTacTac number of transactions is largely unrelated to number of miners
@prancing389 @SummerBreeze Abandoned in favor of more private/resilient options by privacy fetishists like many of us in the #monero community. True.
But ... !
a) You'd be amazed how amazingly poor OpSec people have generally, and criminals in particular. A shocking number of *public* social media posts including the accused and the corpus delicti come up in court documents.
b) Signal is easier for my Mom than Matrix.
Making more privacy the default in more apps is an unmitigated Good Thing.
@tusker @WarmApplePieShrek There is no crypto that is a threat to Fiat.
Monero is a direct threat to *surveillance*
@AlwaysTheir @XmrLovingAncap I do not have a degree in Economics. I used to self-describe as an Austrian. I heard and read a lot about it.
However, I have had to note, ~3 years, we had:
a) stay-at-home + money printing
b) war in Europe + supply chain insanity
which led to
c) big inflation
... which Austrians all predicted would happen.
BUT WE ALSO HAD:
d) the inflation fall back to ~2%
e) the economy surge forward
At this point, "Austrians" need to explain why their theory fails so hard, Sry
@stealths I think Monero is the best available Internet Currency.
Speculating on currency is way, way outside my specialization and is not of personal interest.
As a software engineer, designing and deploying a currency that is conformant with the design principles of the Internet... is exactly my specialization and interest.
@RealBot @mister_monster How about the “service” of being a trustless censorship-resistant privacy-respecting currency?
That seems like a usecase in itself that doesn’t require anything more.
@Hestia @MigratingtoLemmy No crypto is a good tool for the problems involved in money laundering.
Once you connect back to the public system of commercial payments, you have to explain where the funds came from. And nobody’s dumb enough to buy NFTs anymore.
@rino Boosting content that requires a login to view 😒
@shortwavesurfer BTC multisig escrow was assumed deep in the guts of OB. A few Monero folks were looking into the work required to replace it, but OB flat out refused to commit *any* resources to it. The founder literally told me his investors would leave. Well guess what they did anyway.
I would love to see a fully decentralized, Tor-and-XMR-native marketplace. It blows my mind that we still don't have one. I would love to contribute to such an effort, if a credible one is on offer.
@shortwavesurfer @treetrnk open bazaar failed to embrace Monero. It died.
@Giffbro @monerobull Tor can also guard against MiTM/injection attacks during system updates, the way Whonix does. IoTs need all the help they can get in that regard.
Where does Monero fit in? Well, Monero is money. You should use it to buy the device, pay for your Internet service, tip your server...
@mister_monster No, MW does not make for infinite throughput.
It saves some disk space and some bandwidth. It’s a good tool for certain use cases.
It is not at all clear to me that those use cases are central to the problem of a Peer to Peer Internet Cash System
@mister_monster @snitchy_asc I had the same skepticism about monotonically increasing blockchain sizes.
I wish I had looked at storage and bandwidth curves a lot earlier.
Long term storage size is no longer a concern I worry about.
Dragon-sided D @sciencemastodon.com Software Engineer by trade, scientist at heart, homeschooler of STEM.
As a kid I learned assembly language so I could make my TRS-80 Space Invaders program run faster. Now I am one of the army of people that make the Internet happen.
"If man chooses oblivion, he can go right on leaving his fate to his political leaders. If he chooses Utopia, he must initiate an enormous education program - immediately, if not sooner." \-R. Buckminster Fuller