XMR Future

Freedom Go Up Maxi

#Monero #NoKYC #Privacy #FOSS

digital cash gang #BCH #LTC #XNO

Public Key

npub1pcf3fu5upfjwcdnevuw9nk467e24jnsu56aasufrvm36c966je8s2hv373

Profile Code

nprofile1qqsquyc572wq5e8vxeukw8zem2a0v42efcw2dw7cwy3kdcavzadfvncpz3mhxue69uhhyetvv9ujuerpd46hxtnfduqs6amnwvaz7tmwdaejumr0dswf4q0j

Publishing to

relay.damus.io

nos.lol

Author Public Key

npub1pcf3fu5upfjwcdnevuw9nk467e24jnsu56aasufrvm36c966je8s2hv373

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Last Notes

2024-04-08 12:02:09

Apparently Obtainium is accepting Monero donations now 🔥
https://github.com/ImranR98/Obtainium/issues/1518

2024-02-18 12:59:17

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Your opinion on this? Seems to be the case in most of the global south
https://image.nostr.build/ef1b527f51b1ecd8ebf9e4c3acc639aa7f0f552eeb8433396540780e137b5331.jpg

2023-11-21 21:29:09

Bitcoin mining censorship
https://image.nostr.build/b3328a4a4014dd269da0afa931dee8ac673698ed84b6a94bcc9f814464d7b248.jpg
https://b10c.me/observations/08-missing-sanctioned-transactions/?t

2023-11-21 16:58:16

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Listen to the new album yet?
https://image.nostr.build/e7287e0a0f95cc21720f5c989f4b7263f65fc3f0ad9715aba8b01c14e02dc270.jpg

2023-11-19 02:55:34

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Bigger blocks
Surprised but not surprised by the responses.
Custodial wallets contradict the entire reason bitcoin was created - to do away with trusted third parties.
There is little reason for Bitcoin without that

2023-11-04 12:03:50

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Love theo 😂

2023-09-21 00:12:18

Bounty: "Nostr client for Monero"
https://bounties.monero.social/posts/94/0-988m-nostr-client-for-monero

2023-09-20 22:15:25

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https://www.youtube.com/watch?v=43NzlOx2pIs

2023-09-16 15:55:51

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This sucks. I think this would mean it is only source viewable? Or is it worse than that? Not sure.
Notesnook is a good alternative if so.

2023-09-06 21:44:03

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Run your own dojo and that addresses the issue

2023-09-06 03:38:54

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Monero priveleged? Most of the world cant even afford to transact on your chain 😂 and privacy is an afterthought because you live in your cozy safe first world, hilarious
And your solution is no solution at all. It just pretends to be. "Bitcoin" in name only. Larps.
It isnt hard. If you sacrifice self custody, permissionless, and p2p it isnt bitcoin and you havent solved jack shit.
I dont need to offer altenative solutions to criticize something.

2023-09-05 14:20:09

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The masses using real crypto is a fantasy. State will never allow white market use of crypto unless it is a pathetic fully regulated version of itself.

2023-09-05 14:13:20

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Free market adoption along with DNMs, yes, not whatever cucked custodial KYC criteria you probably have in mind

2023-09-05 14:08:06

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https://image.nostr.build/19664a298ffeb9379f2e9512c250f9c0fd9b981aee4e2b91c0cdff008c10cd37.jpg

2023-09-05 14:06:53

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"Monero is getting delisted, banned, and criminalized everywhere bro. Just make sure your crypto is legal and follows all regulations bro 😢" -You
😂

2023-09-05 13:58:01

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Fawning for the states approval for your crypto to succeed. Sounds very permissionless and unstoppable. Lmao

2023-09-05 13:48:21

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Your "scaling solutions" gut the entire point of Bitcoin. Might as well use PayPal.

2023-09-05 13:13:28

https://twitter.com/Sovereign_Matt/status/1698405630258647520
https://image.nostr.build/8424270f7664328a8c3161a7ab9c490e6101c6a5366216c8ccbdce22001cfb63.jpg

2023-09-05 13:10:04

https://twitter.com/fiatjaf/status/1698736428786561225?s=20
https://image.nostr.build/c8e4d3d3eacd41e20bdc08509cc0ea3e52bf9ef5b5da44d13d28846d87914157.jpg

2023-09-05 13:07:18

https://twitter.com/sethforprivacy/status/1699008760117600387
https://image.nostr.build/f296bdc12fa44ccf14776170417d17411107ca4f6f32e9d0c4a9c5831a486464.jpg

2023-08-27 11:08:29

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Tried tagging as many BTC/XMR users as I could, but there are quite a bit 😅
#Monero #Bitcoin #XMR #BTC
npub1p5ryszcvdca78jdp5ewhu67zpyfz042m7nrha6mqx7a8wakrqrkqre5ksj npub1xlzwrphhxppeyjw0prlw0dvpsmx2a8jd6yhnt06clx6zvl0fzzdsgce7w0 npub1heysg4r5mq354k7n3hlk0wae4c4x6p5kh7qfu38fe5f24s82vvvqxymce6 npub14yu97h9v0ayx26ftyjf63pqg9decve5zxl90cva7pqjmtr8dafhqxvqxvc npub15y22exrknuzwd8rdhwu6y0gjyc6fcm04678lk06exckvym7s3zwq8zr802 npub15nhx3zjenj2f8wryrnrpnpl0g2m426apu7wnt09f9gwuuxrd4jzstuwtst npub1l0j7srkgmdwy8839st2hn8f9utlgh9vtrm04jksh8tsu32h5vpms9k7zqa npub155awg2vaen0vhd2spndg0f03wljewcp8gwd4d2kuhs8xpdq67tmsj39j44 npub1jrwmu6kj7n48wxeqhgzs83mh6w4gspajanxcmxd4xwdj9xzcgu0schsper npub1nfd4uyte4lcp8esm0v6secndklnj69j64zgec87xu3zj8cw4t00swnduzd npub186mqk036rns0ddg6j4e7pdmkr7sp4s2udylz2ega979xshjh8swq9sx33r npub1xcvk9ur9q2rew2mw3hz09ty7fpx3sll354r8z72ysswgmkhfh7jq979ygr npub1mqn5acr09lls33wapadkdf27t9v87h22jf53c473wzpkgld6z7hs72mwzd npub1yc8jxnzkzm2esndrqdae6lza6qlwzxpcz9drpy699j9k7xetrpkqgvkwe9 npub1c0l5s0g7k4efe065t9zwecdtqejjr6cq0pahq7qs8ep9atvpupss5t0f2a npub1ddegada5a3scdl0zlwhcmvfll5ux5ku4jjwfjr3hp0p354q6jn9sk4eg6m npub1nq99ewl8q879js6arge4uu8tyrgvhynckpnrhxmeyt3u90s7rqasgs8xtu npub1knw2lwsyc8ve6g3mhufv2hhtks45ylvr5ek0sz2d3cdrvwa2e27sh4djrj npub1khdjc9hpqd7we68ukn59j9er5m0ujl0vwmduufg2sjzwcftnqgcqajasza npub1d3fcnzyz3dr68535qcfyazqug83ksekmeynjm0hgeux50efuh2nqxcxgdj npub1rw3s7tpla53s7ekk6t75vfhqkz4qcll96543addc7x32sg9jxktqt3lze7 npub1rcm283lrx6kdta5jwf834jfamqlewdk4rp72985jjg7emfhvzzzs0a0yxz npub1ekny30lwcawdfnqveyu8q0senf93xlsrl2s9y83sau7us8l0dhdsnlzl0c npub1umeupsqaqrhnx0xzrtygz4fz3n63d5zd36e4nkkr6n9n38xg4teqc7z93q npub1tr4dstaptd2sp98h7hlysp8qle6mw7wmauhfkgz3rmxdd8ndprusnw2y5g npub17rlc0emedw5xljztfqrmykjaacsx6ujvdas64zznjadrnhhwlavq4jjtgg npub1ez4ncgxyscpjzelzc07knsmhkv3nupvnpt6x7ll5xavpqja5p2wsrqpgee npub106jfh959zx5g46gg8d4r5ldn7vxk2zdz53dmcv9g3akh29mywf8qv5yn90 npub1p8yv9mpp8ckuah3sp2e9a85tdfp08xrt8mx6tm3dk6jn2l74mktsmed2gx npub188x98j0r7l2fszeph6j7hj99h8xl07n989pskk5zd69d2fcksetq5mgcqf

2023-08-27 07:03:34

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Seems theyre still mostly on Twitter and Mastodon, but there is a good little faction on nostr. They'll see the bat signal eventually 😂 #Monero

2023-08-18 20:52:20

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I thought Sphinx Chat has been defunct for awhile now

2023-08-16 22:23:40

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🤫

2023-08-05 08:49:14

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What about you QnA? Anything you use no one has mentioned yet?

2023-08-05 08:47:42

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Aegis, Cryptomator, Obtainium, Molly, Vinyl, Torchie

2023-08-03 09:26:39

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Glad you guys are on here 🙂
We need more BCHers on Nostr 🫡

2023-08-01 18:17:40

https://i.nostrimg.com/fa4428139abfe2d1c102a1bda9ce61fd4ead5d5aa5ef38ccfd11b086c3013cda/file.jpg

2023-07-31 00:22:46

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Sommer do you have a monero address posted anywhere? So we monero goons can "zap" you

2023-07-29 22:43:42

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drop an xmr address 🤙 I got you for a coffee or drink to wake you up bruv ☕

2023-07-27 16:24:23

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🫡

2023-07-09 22:51:53

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About time! 😎

2023-04-07 09:33:50

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I'm not overheated, to me, it is just discussion. I'm not getting nasty or calling anyone names. Not angry with anyone either.
Notice his reaction to your benign and reasonable comment. Anything threatening to his belief and he reverts to accusations and calling you a shitcoiner.
Coinjoins are great, I use them when I use bitcoin. If bitcoin increases to be on par or better in privacy to monero, with no serious tradeoffs, I wont need Monero anymore. Until then...

2023-04-07 09:27:14

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I'm still here. Discussion only ends when you want it to. You are the only one making claims about me making stuff up and mind reading my beliefs of satoshi.
Layer 2 does make several compromises. You are either dishonest or ignorant if you insist there is no trade-off.
Dormant implies they will eventually be used again. They wont. They are lost coins and are effectively (not literally) the same as removing them from circulation.
If you manually verify and tally entire utxo set of bitcoin everytime you audit, I will concede it is effectively different. Otherwise, there is in practice, no difference as relying on a monero node for sound supply. Yet to find a bitcoiner who takes advantage of bitcoin's transparency and does this.
Range proofs
https://sethforprivacy.com/posts/dispelling-monero-fud/#you-cant-audit-the-monero-supply

2023-04-06 14:17:47

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Bitcoin supply is not stable. It is constantly dwindling because of lost or burned coins. 21 million is theory not reality. Bad for price discovery and stability.
Range proofs assure this inflation bug is not the case. Bitcoiners love espousing transparency, but never take advantage of it by manually verifying. They just trust a node to correctly audit, exactly as monero.
Building on a second layer is already a compromise. You give up final settlement. You create centralized nodes. And now you have most lightning users giving up custody to use it. Shame.

2023-04-06 10:50:21

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Bitcoin lacks fungibility because it isn't private. When it comes to a digital public ledger, privacy and fungibility are inseperably linked. An ideal property of money is fungibility. You audit Monero the same way as Bitcoin: by running a node.
No, I've already told you I don't think Satoshi was an idiot.
Lightning is a centralization prone, non-settlement second layer, with subpar privacy, that most use with custodial wallets. Satoshi created bitcoin. Satoshi didn't create lightning and nothing about it in the white paper. Are you saying Satoshi was an idiot?
Previous ecash failed because of centralization (byzantine generals problem) and was easily shut down. Monero uses the same innovative concept of decentralized consensus as Bitcoin so no clue what you are talking about.

2023-04-06 06:11:52

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I have and use both. Pros and cons to each. Different goals, different tools. Monero is an IQ test and an honesty litmus for bitcoiners.
We can acknowledge Satoshi was intelligent, or even a genius, without thinking he could forsee every single thing, or that he was a god, or a first iteration was perfect. That doesn't mean we think he is an idiot.
"A p2p electronic cash system"
Monero is a better digital **cash**. Private, fungible, faster, cheaper tx fees.
Bitcoin has been better at preserving value longerterm, but that wasn't the original cypherpunk goal for ecash.

2023-04-05 14:56:42

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Yes, the same way a hammer is the #1 tool for every job
Or the same way competing brands and social media platforms don't exist

2023-04-05 14:24:14

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A fixed supply, in practice, is a slowly and forever dwindling supply (lost or burned coins). The tendancy for anyone rational will be not to spend because the future value is expected to appreciate indefinitely. Hodl mentality. Bad for price discovery, money lending, stablility, etc.
A tail emission (inflation that asymptotically approaches 0%), in practice, is closer to a fixed supply (small inflation rate replaces lost and burned coins)
Look up "Ideal Money and Asymptotically Ideal Money" by John Nash and consider this perspective and that gold also has a tail emission.

2023-04-05 13:16:38

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Never seen a Monero bro say Satoshi was an idiot ever. Matter of fact some speculate Satoshi is Nicolas Van Saberhagen (correctly or not).
Monero bros have an issue with a sect of Bitcoin maxis who are complacent and dishonest with the state of bitcoin's privacy, fungibility, corporate ASIC mining farms becoming centralized, custodial lightning solutions, future security, etc.
The old cypherpunks always emphasized the importance of privacy and p2p digital *cash*. Aside from a subset of bitcoiners (who usually get along with monero bros and vice versa), many handwave away privacy, de-prioritize it, or don't care at all. Imo Monero is more cypherpunk in its vision and carries that original torch.

2023-04-05 12:43:13

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LN still has a long way to go for privacy, particularly for recievers, but as of last week, route blinding was introduced which will help a lot
https://twitter.com/BitcoinPierre/status/1640689711692800002

2023-03-27 07:50:54

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I've read about interesting proposals using zk-rollups, but know very little on the subject.
https://bitcoinrollups.org/

2023-03-21 23:18:21

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#BringBackThinkingAdversarially

2023-03-20 21:01:45

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😔
https://www.youtube.com/watch?v=3kpX-x90X-U

2023-03-18 20:31:29

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Was thinking the same thing for awhile. Good idea.

2023-03-18 20:29:46

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Do you understand every line of code? or any code at all? Then it is a blackbox to you. You're trusting others. Impossible for any bugs to occur that no one foresaw? As we all know, bugs don't exist on software /s
https://www.coindesk.com/markets/2018/09/21/the-latest-bitcoin-bug-was-so-bad-developers-kept-its-full-details-a-secret/
"That's the whole point of Bitcoin, every thing is out in the open, the code behind the issuance, the schedule, even the math behind the hashing"
Everything said here applies to Monero. Are you endorsing Monero?

2023-03-18 20:13:29

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My monero node is validating the supply right now according to you.
All you can do is lob insults and emoji spam.
When you type in a command to your node to audit supply are you doing that work yourself? Or are you typing in a couple keys and hitting enter? What is essentially a blackbox to you is spitting out a number that you are assuming is correct. There could be 42 million bitcoin out there and you would have no clue, but because of an implementation error or bug it could be telling you otherwise.
Cannot tell if legitimately ignorant or being intellectually dishonest. Either way nothing I can do about it.

2023-03-18 19:57:04

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It's undeserved lack of charity. Bitcoiners take anything not bitcoin as an attack on them even when goals are different.
If Bitcoin focused on privacy and fungibility there would be no need for Monero and it wouldn't exist. So this is the outcome. Then maxis get upset when it is built into another crypto that focuses on these goals specifically. Bitcoin purported solutions are always half-solutions. If bitcoin tries doing everything well, it will do nothing well.
Like I said, if bitcoin figures out how to do it better, I will use it.

2023-03-18 19:45:31

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Thank you.
Let me give this one final shot.
You bitcoin node. Me monero node.
I can't manually verify. You *dont* manually verify.
Same, same.
What difference in practice? Both trusting node to correctly validate for us.

2023-03-18 19:26:33

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Lol, you just keep dodging. I've been holding the same point throughout this whole conversation that you don't address.
Just admit you don't have any good arguments against what I said. Goodbye.

2023-03-18 19:23:04

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When has there ever been one money in all human history? The freer the markets the more kinds of money you would expect (although they could gravitate to one but never completely).
Different valid design choices based on goals and you uncharitably call them narratives. All while citing the "one money" bitcoin maxi narrative.
If you think of Monero as trying to be private p2p digital cash it makes perfect sense. If you think of it from a one money, place to store value, absolute scarcity that is competing with bitcoin perspective, than ya it doesn't surprise me why you came to that conclusion.

2023-03-18 19:11:31

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Are you going to refute my central point or go off on semantics?
Are you having a node validate this for you or not?

2023-03-18 19:08:15

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What are you talking about? You are a bitcoin maxi NPC spouting buzzwords. Monero is proof of work.
At least do a bit of basic homework if you are going to trash it.

2023-03-18 18:54:31

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If trusting a node to validate supply for you is fine, what is the problem when monero does it? Are you concerned of the complex math involved? (20+ year old cryptography)
You can't simply sum UTXOs like bitcoin. But, in practice, no one takes advantage of this anyway, they just run and trust a node to do it, so what does the real world difference come down to?

2023-03-18 18:31:23

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Hey, I'll take it.
If what you say is true, I would still be impressed that it even has 10% of bitcoins nodes vs their market caps.

2023-03-18 18:26:13

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Manually means manually. You aren't taking advantage of bitcoin's transparency by typing in a command. Go ahead. Read and tally every UTXO on the blockchain by hand let's see if it balances out and implementation is correct. In practice, no one does.
Remember, you are the one touting it's transparency as it's strength, while not taking advantage of it, not me.
I understand the trade-offs of both and use both. You are the one who seems not to.

2023-03-18 18:13:55

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L2s always come with trade-offs like the aforementioned Cashu - loss of custody or centralization tendencies, etc.
I don't think it is diminishing like you say. If there is a use case for private and self-custodial digital cash, Monero is still one of the few to meet that criteria. Non-KYC does diminish the risk, but other parties you transact with still have full view into your stack (if you don't conjoin).
If Bitcoin figures out a way to have on-par or better privacy, without loss of custody, and cheap txs, I will use it.

2023-03-18 18:06:19

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Sure, I guess anything is possible, but if we would be fair in our assumptions I don't see why the same couldn't be said of bitcoin node IPs. Would want more proof that this is the case for either.

2023-03-18 18:01:59

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So, is all FOSS considered gatekeeping to you? Because it works the same way.
If an update is really that contentious it will fork. Monero community has a clear goal to pursue, private p2p digital cash, and been overwhelmingly in agreement on updates.
Willing to bet you have never taken advantage of bitcoin's transparency and manually validated supply. So, a bit larpish. But you might trust a node is doing it correctly for you. Exactly like a monero node. Just because you don't know how pedersen commitments work doesn't mean your node can't do it.
#[7]

2023-03-18 17:50:13

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Not sure tbh 🤔

2023-03-18 17:34:30

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Peers seen in 24 hours, not 24 peers

2023-03-18 17:32:06

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Yes, but if you're worried about the tiny inflation that monero has (less than that of gold) it is irrelevant if you only use Monero to transact and Bitcoin to save longterm.
Best of both worlds.

2023-03-18 16:17:59

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But isn't there only one centralized coordinator atm? That is essentially blacklisting coins which is pretty ridiculous for a privacy protocol. Assuming guilt with no evidence, only that a chain analysis company has flagged it (no conflict of interest for the chain analysis company to do so /s) in an industry based on probabilities. But I guess they are free to do that as I am free to avoid them.

2023-03-18 15:56:38

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Appreciate the engagement and honesty. Going to mull this over.
In your opinion would this be correct:
Whirlpool > Wasabi 1.0
Wasabi 2.0 > Whirlpool
Or would it be fair to say Whirlpool prioritizes uniformity/pool size above any efficiency, cost, and speed gains. While Wasabi 2.0 protocol will take a big efficiency, cost, and speed gain for a small uniformity/pool size loss?

2023-03-18 15:40:53

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The new bitcoin magazine article you linked comes from a Wasabi developer not a more neutral party like Shinobi. The WabiSabi implementation is fairly new, correct?
If we are using biased opinions, I would like to hear Kortik's counter to these points as he seems to have a deeper technical understanding than I do. #[6]
If I assume all these points are true, they would carry much more weight if they didn't use chain analysis. Really is a huge blow to their credibility and effectiveness of entering their service in the first place.
If they are going to use chain analysis to tell them what is allowed, doesn't this defeat the purpose? What if I received coins from some nefarious actor before going into their mix unbeknownst to me? Will I be rejected and flagged? Runs contrary to the service as that is what you are trying to avoid when trying to mix.
https://sethforprivacy.com/posts/fungibility-graveyard/#wasabi

2023-03-18 15:12:58

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Cashu is custodial.
Fedimints are multisig custody with guardians, better, but still custodial.
"Cashu offers near-perfect privacy for users of custodial Bitcoin applications."
https://cashu.space/

2023-03-18 15:02:07

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You see no benefit to nearly anyone being able to participate, and discretely mine, on already available general purpose consumer hardware? From that aspect, I don't see how it is not more decentralized.
Bitcoin mining becomes less in reach of the average pleb because of highly specialized and expensive ASICs. Increasingly done by easily targetable corporate mining farms.
I can see arguments for both.

2023-03-18 13:58:38

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💯
If we based what tools we used on their creators we would use nothing. Personalities and entities involved are irrelevant if it is open source and verifiable. Good can unintentionally come from evil and vice versa.

2023-03-18 13:51:40

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Too bad there is such a big feud between both camps. Hard to sift thru FUD on both sides. Would be good to hash out the pros and cons of each and find common agreement and see where each could improve. I feel it is too late though. Too many harsh words and egos.
Wasabi contracting chain analysis makes it all a non-starter though. Wish they would have never done that, then we could at least have a small chance of good faith discussion. I'm still open to the technical conversation of the protocols themselves though.

2023-03-18 13:19:08

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What is the trade-off for this in your opinion? (if any, but I suspect there is)

2023-03-18 13:10:42

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Not agreeing with whatever that guy was saying to Jeff, but Monero and Bitcoin nodes are in the same ballpark. Near 11k reachable xmr nodes vs 16.6k reachable bitcoin nodes . Impressive to me considering xmr is a much smaller market. I'm running both.
https://monero.fail/map
https://bitnodes.io/

2023-03-18 12:56:48

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You don't have to save or stack in Monero, if that is your outlook, you can take advantage of it's usefeul properties and just use it.
Continue saving in Bitcoin. Doesn't have to be mutually exclusive. Use the tool that fits the job.

2023-03-18 12:40:52

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😂

2023-03-18 12:35:38

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Privacy at the loss of custody.
Sounds like a downgrade to me. You can keep both on Monero.

2023-03-18 12:29:59

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Funny analogy and I take it is a compliment coming from a maxi
But you can take advantage of Monero's superior privacy, faster confs, and cheaper transactions, by using it - while still only saving in Bitcoin. Not mutually exclusive. Best of both.
They're tools. Makes sense to use a hammer for nails, and screwdriver for screws. But ultimately do whatever you want.

2023-03-18 12:17:05

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If you want simple, cheap, comprehensive, default, superior privacy and fungibility - transact with Monero
If you want to preserve the value of your savings (proven longterm so far) - save in Bitcoin
I think that is something many bitcoiners can get behind and makes sense. The spend in Monero, save in Bitcoin, checkings vs savings model.
Of course you can still attain good enough bitcoin privacy, that is more expensive to do, time-consuming, requires some technical knowledge and understanding, and even after doing perfectly is still not as good as Monero. Akin to using a screwdriver as a hammer.
But do whatever you want. DYOR.

2023-03-12 23:44:42

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Just saw this in my notifications.
A few thoughts...
-Do you mean entities that sent me bitcoin in the past, whirlpool participants, or both?
-I'm not worried about the tx0 being briefly known before it is mixed (not connected to my identity), buying KYC free makes it irrelevant if I'm only going to spend on the other side of a mix.
-To my knowledge, another big thing lacking from Wasabi that would make it a more robust protocol is postmix spending tools and paynyms
I want to caveat that I would never use Wasabi even if they had a superior method (imo they don't if you are remixing. As a single mix, I can maybe see your argument in isolation possibly). If they are going to censor inputs and work with chain analysis companies that already disqualifies them as a privacy tool. If they hadn't taken that stance, I might be more open to their new implementation.
To attempt fighting my bias, I'll leave you with this short article by Shinobi. He makes a measured criticism of both of us:
https://bitcoinmagazine.com/technical/wasabi-vs-samourai-for-bitcoin-mixing

2023-03-12 17:56:33

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That is fair, I'm just answering your question specifically about scaling solutions that you asked. I think Fedi has the most potential in solving privacy issues and minimizing custodial trust, but it is still custodial.
Lightning is nothing like what was promised so far. Everyone uses it like a Paypal 2.0 which makes me wonder what the point ever was. I prefer being on-chain for bitcoin atm and coinjoining.
The "save in bitcoin-only" model makes sense. It has done well long-term so far.

2023-03-12 17:26:20

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isnt almost any update on monero a hardfork?
>Yes. Strong aversion to touching the monetary policy in the community though. Updates are mostly efficiency and privacy enhancing.
does monero have a scaling solution?
>Confirmations are only really a problem for in-person purchases or time-critical digital purchases. Doesn't make much difference for online purchases if you have to wait for a physical item to ship.
Two options currently:
(1) Wait 2 minutes, (2) Instant transactions already available: Some merchants already accept 0 conf in both bitcoin and monero. Just price in the risk.
...or wait for Monero second-layer solutions: https://www.getmonero.org/resources/roadmap/
when you buy your monero in a kyc setup or hold it on an exchange then its not useful.
>Agree. Not unique to Monero though. And if you withdraw the trail ends. With bitcoin you have to actively attain you privacy after withdrawing.
If you want more privacy on bitcoin just use liquid, lightning network, coinjoins or chaumian eCash
>Liquid and eCash: Custodial,
>Lightning: Centralizing and not final settlement (and mostly used custodially right now),
>Coinjoin: Can be good privacy if you know what you're doing, but even if done correctly it is still inferior to Monero in ease, quality, and comprehensiveness. Doesn't hide receiver or amounts, and ip isn't obfuscated.

2023-03-10 12:57:31

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If it achieves every aspect of monero non-custodially I'll use it.
But these things seem to always come at a price. I'm left wondering what the trade-offs would be.

2023-03-09 14:58:34

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Was a rhetorical statement

2023-03-09 14:53:30

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Let us know when Cashu is non-custodial then we can pass on the torch 🗽
No hate. If people absolutely must use bitcoin custodially, Cashu is the best way imo.

2023-03-09 14:26:40

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Class:
Referral Link Samourai
Abilities:
[Shadow of a Ronin] Casts an illusion effect on other players. Any custodial bitcoin is temporarily treated as authentic bitcoin. Other players roll a perception check. If they pass, your illusion immediately drops.
[Mass Seppuku Frenzy] Separates money from state by linking identity to bitcoin purchases. Reveal all your cards to enemy players. Allies roll an intelligence check. If they fail, Mass Seppuku Frenzy also applies to them.

2023-03-09 12:53:52

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You revealed nothing new that wasn't already known pre-mix.
I think you are getting too hung up on doxxic change. It isn't the important part. No one is spending that or claiming it is not deterministically linked. We spend what is being mixed, after it is mixed.
Assume you already know the location of 0.75 bitcoin before a mix. I split 0.25 bitcoin off to the side to park as doxxic change, and the other 0.50 bitcoin goes into the 0.50 pool to mix.
What new information did you gain that wasn't already known? Now point to the postmix 0.50 that is mine that I'm actually going to use (again, im not spending the doxxic change). You can't.
By perfect coinjoin I mean equal amounts on either side + maximum # of interpretations or N*(multiple of N) mix. Why does this matter? Because every given output is exactly as likely to be from a given input as any other. Max uniformity/fungibility = better for privacy:
https://kycp.org/#/323df21f0b0756f98336437aa3d2fb87e02b59f1946b714a7b09df04d429dec2

2023-03-08 11:14:34

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This is Whirlpool 101 and the nature of perfectly uniform postmix coinjoins. It isn't "revealing" or "leaking" doxxic change. Doxxic change is split up before the mix, not after, so there is nothing revealed . Zero deterministic links to anything postmix.
Doxxic change is unavoidable if you want perfect coinjoins. The initial inputs before mixing are naturally not going to be equal to those of other mix participants. You can just mix the doxxic change again when you build up enough.
https://sovrnbitcoiner.com/perfect-coinjoins-are-the-points-of-reference-to-any-collaborative-tx/

2023-03-05 21:58:38

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I see a lot of "save in bitcoin, spend in monero" types in both communities. I've always found myself in both worlds appreciating aspects and POV of both.
Wouldn't even be here at all if it wasn't for you Guy! Your first time on Dave Smith pulled me into your podcast and deep into bitcoin! Will always be grateful to you for that!🙏

2023-03-05 17:30:31

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good idea

2023-03-04 17:18:09

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old laptop

2023-03-04 11:30:07

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Users trading Monero on CEXes?... 😂
But seriously it is probably something external to monero, as you say on/off ramps, where they are "tracing" would be my guess.
I watched the full video that the article mentions and he doesn't elaborate. The vagueness of the claim on what they mean exactly, and name of the website seems somewhat suspect to me. Clickbait?

2023-03-03 13:17:22

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Crime and money laundering is the excuse, but we know it's really about control. Otherwise, USD would be at the top of that blacklist.
I see Monero, at the very least, a haven of last resort for those that need it. Not necessarily adopted by broader society.
That being said, black and grey markets are something like a quarter of global GDP, so plenty of room to grow and thrive there...

2023-03-03 12:43:37

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Ya me neither 😉

2023-03-03 12:31:45

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🤬

2023-03-03 11:50:44

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💯

2023-03-02 10:26:23

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If Bitcoin achieves virtually every benefit of Monero with eCash, I can't see why Monero community wouldn't use it. Loyal to the goal and spirit of Monero, not the name. The loss of custody with eCash is quite a big deal though.

2023-03-02 10:07:07

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With eCash you gain convenience, privacy (from both the mint and others), and cheap transactions. The trade off for all that is loss of custody. But Fedimints offer a trust minimized version of that. The mint can have multiparty custody to at least reduce the likelihood of being rugged.
A few episodes on Fedimints if you want to learn more:
https://optoutpod.com/episodes/s3e01-fedimints/
https://stephanlivera.com/episode/331/
https://www.whatbitcoindid.com/podcast/fedimint-the-future-of-bitcoin-custody

2023-03-01 13:17:26

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Bitcoiners keep Monero users plenty aware of that. Inflation approaches 0% over time - 0.8% annually and falling. Not even enough to make up for lost coins.
If that is still scary to you...save with Bitcoin and only use Monero to transact and that concern is made irrelevant.
But even that might still be anathema to the maxi crowd.

2023-02-27 23:17:34

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You're in Bitcoin, a proudly self-proclaimed toxic maxi community.
I don't know how you can be mad at some monero community members guilty of the same thing. Plenty of great Monero users who are not anything like that.
Monero captures the original spirit of p2p digital cash, is fungible, and a better privacy tool in many ways, hands down. Not even arguable imo.
There are fair criticisms of Monero, just like anything, it has trade-offs. Bitcoin has more liquidity, better longterm SOV so far, more established, more recognized, scarcer, more users, many other things, etc

2023-02-27 22:42:00

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To avoid NFT surveillance coins

2023-02-27 22:33:49

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Have you ever played around with Monero? Fees are a fraction of a cent...what limit? It has a dynamic blocksize to accommodate usage.
and lightning is not final settlement, final settlement is always on-chain, you should know that.

2023-02-25 12:13:53

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