Oddbean new post about login | logout SimpleX is quite nice, though still not as reliable as Signal. This post about project direction concerns me a little as it seems confused. What's all this about "XMR while it's legal" stuff? And accepting fiat payments etc? Gift cards are also regulated. I suppose you could use Cosmos or Near to build your blockchain and I don't have any strong opinions against that.. but this whole compliance thing just seems plain stupid to me. Are you going to comply with Europe's Chat Control too, and all future versions of it? Better that you adopt a minimalist blockchain like Grin ツ who's interactive nature seems lille a much better fit for chat.
I can not speak for the SimpleX dev on this, but @mister_monster may potentially have a comment on grin with chat
Well, you probably know my general view on that, which is that you don't need to use a blockchain for chat or most things really. Chat doesn't require incentivization or global state consensus. Grin is fantastic and can be used for so much, world changing stuff, but I think chat is mostly a solved thing. SimpleX is working on ways to make it unbreakable, I hope they succeed.
Well, if Signal had adopted an established public blockchain for in-chat payments then, I can assure you, it would of easily became my go-to mobile wallet. But in it's current state with it's own coin, I couldn't care less. Signal argued that no existing coin met their UX expectations, though I profusely disagree on that. What many people miss is that money is something you earn, spend and save. It has to be all three, not just something you HODL. And then there's the fourth and most important function of money.. money is social. I can pay my cousinr, who can pay his neighbor, who can pay the baker. It's the social aspect that gave bitcoin escape velocity. Well, chat is social and the perfect rail for payments. No leaving the chat, just tap to pay directly within the chat, whether that's one to one or a family chat room. But alas, there is this smell of compliance coming through and it's not good. You can't truly innovate in such an environment, rules are for breaking. Psying service to regulators is ultimately going to push me away.