If you need a modern day hero...

From 6000BC to up around the 80's. Taxes where something the state should argue for, show humiliation about and have something to show for.. They had to convince you that the money were well spend on needed and necessary public infrastructure, libraries, public swimming pools etc.
Then (if the above were true) you went down to your local tax office with a handwritten piece of paper with your tax statement and a pile of cash.
From the 90's the government never needed your approval, accept or responsible behavior to take your money and you could do nothing about it.
At some point you should leave the casino and accept the fact that you always participated in a game you were never meant to win.
From that point forward things starts to get clear and the forces of nature and math seems to have your back.
#xmr #monero
Why the hell do I never hear the insult "have fun staying poor" anymore!?
Always remember when someone attacks or smear a 'person', they already lost the argument, truth and facts.
I guess the lesson here is spread your risk. Don't have everything in one wallet.
So, what is the safest wallet option? Is it multisig, paper, how to generate the wallet in the safest way, on what device, how to store the seed, how quantum secure is a seed etc.?
Kraken US will begin applying monthly transaction limits to Monero on August 15. Individual withdrawal limits are set to $1,500 and deposit limits are $3500..
If my bank told me this, about my savings. I would start to get very worried. Usually there would be other assets to leverage, to camouflage that a single asset were fictive and you could hide your scam by buying up xmr in the market, when someone demanded withdrawal and no limits would be necessary. If xmr alone has the potential of pulling the rug under Kraken, they may have stretched it to the limit on all parameters.
#xmr #monero #noncustodial
What ever "capitalism" is, there are two obvious things that can destroy any attempt of make it sustainable.
1. Usury, which has been banned or condemned in most religions, Hinduism, Buddhism, Islam, Christianity even Judaism bans charging interest to fellow Jews in the Torah. This is in it's essence poising to any viable economy.
2. The corporations "A corporation is a legally created organization that acts as a single person, with rights and duties separate from its owners". The idea that you can create a drug company, make a country addicted to opioid's get PERSONALLY rich, but not be PERSONALLY responsible. Is what creates the companies that have the most destructive behavior towards society.
If the majority of people is not able to understand, uphold, honor or demand the principle of "every man is equal under the law", what we call justice. Then there is no law and there is no reason to pretend that law is relevant, there is only your own ethics as guidelines for good behavior.
You don't have be retired to be sitting with a Margarita on an isolated beach! It only takes 20 minutes.
The worst part about the term "Representative Democracy", is that "Democracy" was never part of the equation, in the vast part of the West "Representative" is neither.
The only country I'm aware of that could still use this term with some legitimacy is the Swiss Confederation, with it's direct democracy and cantons.
I had the feeling, based on all the facts, logic and common sense I could gather in.
2011 When Steve Jobs died and Apple had a P/E value of 7.
2013 When Tesla was listed on the exchange.
2020 When Nvidia attempted to buy ARM and Neural Networks started to show promising signs.
2025 Arm listing, Gold and Silver.
Today more than ever I have the same feeling with Monero. I know, people have said it over and over for years. One thing is FCMP++, Bulletproof*, post quantum efforts which are really great news and improvements. But, what I think can really break the barrier for monero and send monero up in the top 6 above XRP in the short term 0.5-2 years (10X), is:
- A greater reach than ever before, alone here on Nostr. But, also more mention in general. Even though it's small, the right people have a better chance of hearing about monero.
- Debanked influencers, some mention Monero, others just show how easily you could get debanked.
- The hack of Thorchain the day after their announcement of listing XMR, might show us that more sketchy stuff is going on in the CEX's to manipulate the price than we could ever have imagined. Even in the case of Serai or Thorchain dragging things out, monero will eventually have it's right price set in the DEX's.
- EU and US unhinged confiscation of reserves, property and crypto of foreign nationals and nations.
#xmr #monero