thoughtcrimeboss's avatar
thoughtcrimeboss
thoughtcrimeboss@thoughtcrimetraphouse.com
npub1uqxk...ffca
Writer, Privacy Ninja, Voluntaryist. Currently practicing countereconomics outside of the system. I haven't had a bank account since 2011, Bitcoin is my savings account, Monero is my checking account. Opt the fuck out with me and subscribe to my newsletter, Thought Crime Trap House
Someone on another platform that shall not be named asked me this when they saw my post about how the US having a large portion of BTC's supply is a bad thing, "How does owning lots of bitcoin allow a nation state to control the network? I don't see it as an issue personally. For global adoption nations states and corps were always going to have to be holders." To which I responded, "I dont think I said anything about it allowing them to control the network, controlling the supply is still an issue. Price manipulation is easy when you control that much, they can dump on the market, crash the price, and then buy up people's coins any time you want. If price goes up enough they can use the massive purchasing power to buy up ASIC miners and then they will have influence on the network and could collude with other nation States to support contentious hard forks or even do 51% attacks although the 51% is unlikely at least. Yes, they were always going to be holders but they remain an adversary for the network itself, so the idea is to try to keep the amount of coins nation states control to a minimum not actively encourage them! The state has direct incentives to prevent people from owning Bitcoin, controlling the supply is a way to do that." Was I correct or incorrect in these worries? #bitcoin #sbr
thoughtcrimeboss's avatar
thoughtcrimeboss 10 months ago
People think they can change things by voting and working within the system. Only this doesn't work when the government doesn't even follow it's own laws and ignores the constitution on a regular basis. The system has failed and needs to be dismantled, not changed from within.
thoughtcrimeboss's avatar
thoughtcrimeboss 10 months ago
The idea of a crypto summit at the white house kind of makes me cringe. I'm all for deregulation, that's good, but the heart of crypto is fundamentally opposed to the state. Make crypto scary again, fuck all this cozying up with the state bullshit. That's why I like Monero so much, the Monero community doesn't give two fucks about ETFs and Blackrock's Model Portfolio, or banks being allowed to custody crypto, strategic reserves, or politician pump and dumps. The Monero community just cares about creating digital cash that is completely outside of state control. It cares about ensuring you can hold wealth that is safe from confiscation. It cares about the ability to transfer value anywhere without being spied upon. Shout out to all the devs who have ever put work into $XMR and it's ecosystem, they are doing God's work. It's not glamorous and it's not very rewarding financially since it is funded by donations and not venture capital. There was no premine or token sale. These people just fucking care about freedom and are willing to fight for it. The events of the last two months with LIBRA and trump's memecoins and now this strategic reserve tweet pump and dump have burnt me out and just makes me appreciate even more the purity of the Monero community. These people are keeping the dream alive. #monero #bitcoin #trump #cryptosummit
thoughtcrimeboss's avatar
thoughtcrimeboss 10 months ago
Hope you didn't sell your bitcoin lol. I learned long ago...you never sell your bitcoin. Anyone who was shorting crypto just got wrecked.
thoughtcrimeboss's avatar
thoughtcrimeboss 10 months ago
Can we have a slow clap for how well Monero has performed during the market correction when almost every single altcoin got wrecked? #monero
thoughtcrimeboss's avatar
thoughtcrimeboss 10 months ago
I am trying to register my cat's and dog's microchips that I injected into them (way cheaper if you do it at home than paying a vet to chip them), but I wanted to pick the best pet microchip registry company from a privacy perspective. So I used the Venice AI front end to ask deepseek about it. I uploaded a copy of three different companies' privacy policies, Petlink, Peeva, and Home Again and put deepseek R1 671B on it. Apparently, Petlink is the best choice for privacy out of these three companies. It's the only one that explicitly states they don't share or sell your data to any advertisers or data brokers. If anyone knows of a better choice than Petlink for privacy let me know. It's difficult because I go out of my way to avoid linking my name with my address, I don't receive mail at my home address for example, but when I register my pets I want to use my home address so if they get lost and someone finds them they will at least know where they live. I will probably register them under an alias and a burner phone number but with the real address and pay for it with a prepaid visa gift card. Here's a link to the chat I had with Venice, it's got URL trackers on it though because if you end up signing up I get points. Although I'm not sure what the points are for now since they already airdropped their token? They are a great privacy conscious front end to access multiple AI models from. #privacy #cats #pets #deepseek
thoughtcrimeboss's avatar
thoughtcrimeboss 10 months ago
Anyone else having issues connecting to most Mullvad servers right now? Or is it just me? #privacy #VPN
thoughtcrimeboss's avatar
thoughtcrimeboss 10 months ago
"Lawful" access via backdoors wouldn't be lawful at all if you consider that code is protected free speech. Therefore companies and individuals have the right to code programs with encryption and no back doors for law enforcement, regardless of whether they have a magic piece of paper (warrant) or not. 4th amendment issues aside this is a 1rst amendment issue. If companies such as Apple do give in and build backdoors for law enforcement, consumers need to boycott all of their products. #privacy #encryption
thoughtcrimeboss's avatar
thoughtcrimeboss 10 months ago
According to a research paper that was published in October, a direct correlation (28% increase) can be demonstrated between large federal grants to local governments and the number of public sector employees charged with corruption in the subsequent 2 year period. They studied every known case of public official corruption from 2005-2018.
thoughtcrimeboss's avatar
thoughtcrimeboss 10 months ago
Can anyone smarter than me confirm if this is true? TLDR is that effective ring size on Monero transactions can drop to 4.2 with this attack method. All is not lost though, full chain membership proofs are coming eventually which would negate this kind of attack entirely. FCMP increases the ring size to include every transaction ever made as decoys which would exponentially increase Monero's privacy. https://x.com/xenumonero/status/1893048853575631287 #monero #privacy #research $XMR #opsec
thoughtcrimeboss's avatar
thoughtcrimeboss 10 months ago
The number of different coins and tokens has increased exponentially over the last few years. There are over 11 million listings on coinmarketcap versus around 5000 in 2019. Very few of these have any real world utility and useage beyond speculation, Monero is one of them. Despite being delisted from most major exchanges, it maintains value due to it's constant and increasing organic demand. I literally feel safer holding Monero in cold storage than I would holding dollars in a bank account, the dollar based financial system is a house of cards and I don't trust it. $XMR #monero #privacy
thoughtcrimeboss's avatar
thoughtcrimeboss 10 months ago
Warpcast, the most popular client for the Farcaster social media network that's built on Ethereum rails, just instituted a policy in which if you live in the United States and earn more than $600 in Warpcast's USDC rewards program (rewards are based on how much engagement your posts are getting), you now have to dox yourself and file a 1099 IRS form. You can at least opt out of the rewards if you don't want to dox yourself. Will mobile Nostr clients have to do something similar one day IF they want to be in the app store? This new Warpcast policy is likely related to the IRS's new $600 rule (takes effect in 2026) which requires digital payment apps such as Venmo, Paypal, and Cashapp to generate 1099k forms for any customer that does more than 600 dollars in cumulative transactions. This rule shifts the burden of proof from the IRS to the taxpayer, as even if you don't actually owe any taxes you now have to prove it for every single transaction. This is draconian, invasive, mass financial survelliance. I am not a tax expert but I am assuming that you can now imagine such lovely situations as this: -You make some money at your 9-5 -You pay income tax on that -Then you use your remaining earnings to buy a computer for 1500 bucks -You get taxed again via sales tax and tariffs -Eventually you decide to upgrade and sell your now used computer at a loss for $800, receiving the payment via Paypal. -Congratulations! you just triggered the automatic tax reporting requirement for having more than $600 in total transactions! -It's now up to you to find your receipt and prove you lost money when you resold your computer or you will be taxed a third time! It's dumb shit like this that demonstrates how important it is for us to use $BTC and $XMR to create resilient alternative systems and circular economies outside of state control. Also people should consider doing more bartering to help deny the State tax revenue, if I get paid in eggs can you tax me on it? The $600 threshold is so ridiculously low, it just shows how greedy and desperate the state has become to suck every dollar out of every taxpayer. The threshold before this new law was $5,000. It's not like they're going to spend the extra revenue on anything good. They're going to spend it on killing people, mass imprisonment, mass surveillance, and funding more extortion and tax slavery. #privacy #farcaster #warpcast #IRS #bitcoin #monero
thoughtcrimeboss's avatar
thoughtcrimeboss 10 months ago
I won't shed a tear for a single federal worker that gets fired. The state is responsible for more death, theft, and general human misery than any other organization. If you work for the state, you are at least partially complicit in mass murder, mass surveillance, and organized extortion and theft on a scale bigger than the Mob could of ever dreamed of. Your checks are stolen funds. I don't care if your a janitor, don't work for an evil organization if you have any morals. But just as a side note you should probably start with firing the entire IRS, FBI, ATF, DEA, and TSA. They do the most damage. #DOGE
thoughtcrimeboss's avatar
thoughtcrimeboss 10 months ago
Apparently you can't use cakepay from @cakewallet with a VPN anymore. You now have to check a box saying your not using a VPN or a proxy in order to buy a prepaid debit card or any giftcard with $XMR. This sucks but I suppose you are going to dox your location when you use the giftcard you buy anyways. #privacy #monero #vpn #cakewallet
thoughtcrimeboss's avatar
thoughtcrimeboss 10 months ago
Coffeezilla has got the whole good cop thing down for real. He makes you feel like he's your friend so you will open up and people even know this before going on his show and still fall for it which blows my mind.