Oddbean new post about login | logout the samourai/wasabi news has me thinking a lot about privacy but as a court jester and not a builder I’m always left feeling like “what the hell can I even do” to “help” anything 😟 anyway Friday breakfast thoughts good morning.
I'm a little concerned about it. Guess I better look more closely at other options for privacy.
https://www.getmonero.org/
One of the problems with monero is the size of the anonymity set in each block. That and the fact that the supply is not auditable.
Still definitely better then transparent blockchain for sure, isn't the anonimity set better then mixing with 99 peers in Bitcoin? About the supply 100% agreed, indeed it is not a substitute of Bitcoin, just a complement.
It's indeed one of the very few projects that I don't call a shitcoin. It has real use cases that are difficult to attain without it. Though I can't ever see it being base money for the world.
Agreed, it should be substituting cash IMHO. Bitcoin is more of a global banking system replacement. When you need spending money, swap to monero and buy groceries etc... If you need a large official international transfer, like buying a house or a business transfer, Bitcoin is perfect for the task. If you need a large transfer and privacy is of outmost importance, you still can do that with Monero. Monero is not suitable as a store of value, it is suitable for almost everything the rest.
Receiver anon set is literally every Monero user that has ever existed because of stealth addresses Sender anon set grows exponentially all by default: 16^N (N = number of hops from original transaction) 3 hops already gives us an anon set of ~4,096 and this all assumes you are not randomly chosen as a decoy for someone else during that time which would increase your anon set even further And no amounts or addresses are visible on chain, period Here search mine on any XMR block explorer: 89spcfRbp8EZZF2Qf9qJNSBjbx7fJAdJcEf64GBP1Vgg8yNrKHVLtJXLt4jWr3hcYeYUePpKfg5MkNYsjNc9sx3m3ymcMt4
If you have a lot of liquidity, lock some on a JoinMarket. Like JAM.
run a node, drop some bitcoin in a join market and provide liquidity for others to mix with 😉
I feel the same
Me: *makes another meme* 😅🫂
We need a worldwide collective of nonprofit organizations focused on advocating for pro-Bitcoin legislation, defending Bitcoin in court and providing legal support for individuals and companies facing Bitcoin-related legal challenges. Funded by donations. Anyone and everyone can contribute to donations but we the people currently don’t have a collective of nonprofits to donate to 🤷🏻♂️
The downside of decentralization. There’s some work that has to be done to come together.
Bitcoin is underpinned by PRIVATE keys. It fails without them. Maybe there's something there to inspire you to create. Maybe not.
You hold your wealth in Bitcoin. If everyone did that, the war would be over. You more than help.
You can and Walk can help @Cleveland Bitcoin with their media arm
Continue to normalize privacy and help others understand it’s not just for criminals. Bitcoin and other decentralized technologies (like nostr!) need good marketing and you are already doing excellent work! I wouldn’t be here on nostr if you and the gang didn’t make it so gosh darn fun!
Be private yourself, and you'll be doing as much good as anyone.
run your own node note your node, not your rules #nodesmatter
Bitcoin is as strong as the bitcoiners resisting government coercion