Replies (60)

FreeYoda's avatar
FreeYoda 3 months ago
Privacy is not a needed core feature of money. And in your case perhaps even more important, won't protect against government overreach/abuse. Just like money neither will privacy nor the combination of those two will be able to solve everything.
Russo's avatar
Russo 3 months ago
Privacy is a core princilple of money, without private transactions you dont have soveregnity neither freedom. It alwas was, this madness to make money not private has less than 20 years, and look how we are. All history was made with privste money, but you now think that this prototype digital money that they made is the correct way to? This nonsense
Strongly disagree. Privacy in money is essential to a free (like in freedom) society otherwise all your transactions are observable and will be observed by those in charge and used against you if you don't follow their orders.
Have to love good ole fear mongering on a Friday morning! Sure you probably wonโ€™t be using your non-KYC stack to make large purchases like buying a house but they wonโ€™t be able to stop you from making small p2p purchases for things like beef, weed from @CraftCanna and @Oshi (ๆŽจใ—) Hold butter
Russo's avatar
Russo 3 months ago
Why not? It is not permissionless money? Why should i validate it with state if my coins are tainted or not to make big purchases? Small p2p purchases will also be analyzed dude, so neither to that kid will be able to use it Sounds like useless to me
How are they doing with the war on drugs or war on terrorism? You make it like governments are competent/efficient entities Do the bare minimum to comply and if all of us reject their Orwellian bullshit they wonโ€™t be able to do shit Best of luck with monero my dude. I will be saving in bitcoin and teaching my kids how to use it as money for anything they need
Privacy enables fungibility, which is a core prerequisite for money. There is only very little real money in today's world (thanks to digital fiat credit KYC expansion), so people like you don't know what's the difference between money and credit.
Let the enshitification of Bitcoin begin. Either you Bitcoiners fight this at the highest courts or you will be left holding a worthless bag.
Russo's avatar Russo
Hey bitcoiners, are you sure that you will be able to use non-KYC bitcoin in near future? Do you know what BIS is? Take your time to read what they are planning ๐Ÿ‘€ https://www.bis.org/publ/bisbull111.pdf. Without privacy on L1 Bitcoin, bitcoin is useless as freedom money.. #bitcoin #monero #nostr #grownostr View quoted note โ†’
View quoted note →
Why do you think someone would be legally allowed to accept monero if they canโ€™t accept certain bitcoin utxoโ€™s? Governments are great at 2 things: 1. Centralized violence. 2. Creating black markets. Bitcoin will be fine.
From a pool with 20% hash rate? It's called selfish mining attack. Yes. I recommend people to read up on the topic before parroting the media narrative, that is clearly designed yo provoke a sell off so CEX can cover their naked shorts.
Monero is black market money. It's not waiting for permission from state controlled markets.
If all of us do the bare minimum.... You do realise that 80% complied with shooting themselves poison up their veins, that offed some directly only because that was the hottest thing to do and show off how compliant one is with bullshit demands.
@Russo @โ‚ดษ„เธฟโ‚ฆษ†โ‚ฎโ‚ดโ‚ญล‚โ‚ฅโ‚ณโ‚ดโ‚ญ Privacy on L1 BTC is not possible due to bad engineering choices early on. The core dev team is compromised or retarded. On #BitcoinEducation Cash (BCH) we have CashFusion which is a supercharged coin -join. If you want freedom money Bitcoin Cash is the ticket. CashFusion - True Privacy on Bitcoin Cash
Default avatar
Condor 3 months ago
The guy is not wrong. What is the point of Bitcoin if the entire structure to acquire them is government controlled. It's not cash anymore. It turns into Electronic money. Somehow my instinct told me that freedom cannot go through technology and internet but totally the opposite. Free will be who will be able to walk around without a mobile phone unaffected.
I am hopeful folks will learn from past mistakes. I know I certainly have woken up to a lot of the bullshit over the past 5 years. I am assuming there are many others like me My transformation started with bitcoin btw...
FreeYoda's avatar
FreeYoda 3 months ago
True fungibility makes checking the total amount in circulation impossible. I have that higher on my agenda than True fungibility.
If the government discriminates against non-KYC bitcoin then they certainly also will discriminate against Monero as a whole, since the anonymity/privacy is what they have a problem with. So whatโ€™s the difference really? Seems like the real power in all of it comes from going around the government and the fiat system entirely in the long run. There will always be somewhere in the world that will accept your money, maybe just not the shitty over reaching western countries that we current live in during the final death throes of the fist collapse.
Russo's avatar
Russo 3 months ago
No it doesnt, you can audit Monero supply.
Russo's avatar
Russo 3 months ago
That's why Monerists are building truthly circular economy tools that don't need to be gov backed and Bitcoiners are building "circular economy" backed by KYC/AML and gov. We are not the same...
Russo's avatar
Russo 3 months ago
The difference is that we already know gov will not allow, transact legally with privacy, and we build with this on mind. The real difference between Monerists and Bitcoiners is that Monerists are building tools that gov cant censor and real circular economy. Bitcoiners are building in a different way, they are build all the surveillance tools and opting out freedom improvements so gov accept bitcoin as money to pump the numbers up. There is circular economy (black markets), and there is the fake circular economy that bitcoiners allways talk, that is make businesses accept bitcoin, and my friend, you can call it whatever you want, but that circle bitcoiners are building will never be circular economy... Normal businesses accepting bitcoin is not circular economy, is joining bitcoin with state...
Russo's avatar
Russo 3 months ago
Man, one this is knowing the supply because your node sees when a block is mined, another thing is you being able to know who transact with who, and how much they spend. Run a node and understand how it works before Fudding
FreeYoda's avatar
FreeYoda 3 months ago
Sure. My next question would be how to prevent a double spend if monero had true fungibility. But all that Fudding.......
Russo's avatar
Russo 3 months ago
Do you know what causes double spending and why it happened in legacy systems? Do you know what a blockchain is? Because by what you said, it seems to me that you dont understand what causes neither what solves it... Anf yeah, is all FUD what you are saying
I donโ€™t have a problem with Monero. Iโ€™m not tribal about it. Iโ€™d take Monero as payment and swap it for bitcoin later if I want. Donโ€™t know why so many people like to sit around throwing shit at each other all day.
tuco's avatar
tuco 3 months ago
Thatโ€™s human nature
Indeed, all those idiots using wos, coinos and etc at local businesses that know nothing about bitcoin, Linux and running your own LN node will simply comply with the govt man when he arrives and stop using sats, If not losing everything by own mistakes.
FreeYoda's avatar
FreeYoda 3 months ago
I must agree those are all convincing arguments. So I let you enjoy Monero. Can you please let me enjoy Bitcoin ?
Russo's avatar
Russo 3 months ago
You are free to enjoy whatever you want. And before spreading FUD, at least reaserch.
S!ayer's avatar
S!ayer 3 months ago
"best of luck with Monero" LOL this guy.
S!ayer's avatar
S!ayer 3 months ago
Wisdom is chasing you, but you're too fast.
Russo's avatar
Russo 3 months ago
Do you think govs are at war on drugs or terrorism? They are the fucking drug dealers, and they are the ones that do all terrorist attacks..
mister_monster's avatar
mister_monster 3 months ago
Well it's just tiring. There is an attempt at a 51% attack, but currently it's not quote that far yet. There is a PR attack going on though, FUD as they say.
Attempted but 51% hasn't been reached. It's selfish mining by a malicious pool with a large amount of hashrate (but lower than 51%) Still should be taken seriously, but they're relatively far from complete control over the chain
Saberhagen The Nameless's avatar Saberhagen The Nameless
"Over the past ~two weeks (โ‰ˆ10,080 blocks at Moneroโ€™s 120-second target): Total reorged (orphaned) blocks: 118 Total reorg events: 85 Average orphaned blocks per day: ~8.4 Average reorg events per day: ~6.1 Share of total blocks affected: ~1.17%" https://x.com/JohnnyLaw2021/status/1956126414937448808
View quoted note →
You're right and with you in spirit, but that's more to the point. Anything the state doesn't like get's neutered and co-opted or pushed to the black market (aka the free market and only place you can enforce Bitcoins permissionlessness) "It is evident that states actually prefer to ban popular things. The following is a short list of commonly-banned popular things: Drugs Gambling Prostitution Religion Speech Assembly Trade Migration Weapons Labor Books Money"
Russo's avatar
Russo 3 months ago
A 51% attack from a pool that has 21% of hash, nice try ๐Ÿ˜‚๐Ÿ˜‚๐Ÿ˜‚
FreeYoda's avatar
FreeYoda 3 months ago
I try to educate them. But they make it just impossible. So far I have heard privacy and fungibility as main arguments. Privacy is not required for Money and with real privacy you simply can't buy anything were goverment is involved, house land car insurance etc. Besides that I think Bitcoin can give you privacy if needed. Fungibility is a really nice feature. But if I ask how we can check total supply or prevent a double spend no one has given me any explanation so far. And then those remarks like "Bitcoin is the first do you really think it can be the best ?" Yes sell me square wheels because the round wheels where first so can't work properly........ So many times I have promised myself to just not engage. But they keep posting with the Bitcoin hash so I feel the need to protect others. And I love to learn new arguments, but they are not comming from Monero fans apparently...
Humans are no better than the monkeys we are apparently genetically from or whatever. They throw literal shit at each other. We throw figurative shit at each other. That's about the only difference.
It can buy you whatever you want but in most places on the planet buying a house is a very regulated process and you inherently need to involve the stateโ€ฆ Can buy your house with bitcoin it just wonโ€™t be with your non-KYC sats. Hate to break it to you but will be even more difficult to buy a house in monero
tuco's avatar
tuco 3 months ago
You could hope for a rent if the landlord agrees
You accept the status quo (KYC everything) like a good statist. It tells me that you've already given up which makes you a tool for their agenda. The moment you started to differentiate between your KYC and no-KYC stack is a pivotal moment for any Bitcoiners. It's a silent retreat from former ambitions, a sign that institutional adoption will bring decay over Bitcoin.
That's nice to hear. My transformation started a decade before BTC even arrived on this planet which made me immediately go all in in 2010, when grasping its significance. Maybe I just spent more time in the field, which makes me now a proponent of privacy tech.
If your UTXOs have a low score preventing you from spending bitcoin: - install a Lightning node - use tainted UTXOs to open Lightning channels with other nodes - freely spend tainted bitcoin via Lightning TXs - close Lightning channels as needed - repeat Right?
Again good luck buying your next house with your non-KYC monero Would be very interested to see how successful you are As much as I hate the state I kind of like living in current society. Not really ready to burn everything down and live in anarchy. Prefer we slowly transition to a hard money standard and allow for more and more people to get on the lifeboat that is bitcoin so we can take power away from the evil parasites currently running the joint
They are chronically & terminally retarded. ๐Ÿ’โ€โ™‚๏ธ Save your energy for people who aren't. ๐Ÿค™
FreeYoda's avatar
FreeYoda 3 months ago
I don't think we should feel 'superior' just since we believe in Bitcoin. I don't think it is perfect, can't guarantee it will succeed in the future. And if it was perfect still can't guarantee it will be used by a majority... Money is both chosen and defined by humans and as such will probably always be at risk of being abused one way or an other, direct or indirectly. As being a tool, both the will to use it and how to use it is up to the user. Thus again the users with all possible flaws is the main factor. I didn't needed #Bitcoin to be aware of human flaws and the fact current reality is not my favorite. But Bitcoin offers a chance to change things for the better and in a mostly violence free way. But if you realize how the current society works and is fooled, that same free to use, voluntary to adopt is also a huge burden and risk. But there is little choice We evolve in the right direction or not. Bitcoin will be used as intended and give a new direction to mankind or not. We are ready for it and enough will do what is needed or not. Basically we are just an experiment of nature. Evolution gave us enough brains to pretty much control most of our environment and determine our own future. It is up to us humanity collectively to do what we want to do with that. I don't think I have to point out current reality to anyone ? So please don't judge to hard on others but look at ourselves and ask what we can do better. Most will probably just like me need enough of their time and energy on improving just that person and work on a better society and less on personal gains.
#Bitcoin / #BTC is, in fact, superior. ๐Ÿคทโ€โ™‚๏ธ People who realize that are smarter than those who don't. ๐Ÿค™
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