Bitcoin goes in the wrong direction as the price increases, people are believing Bitcoin is going better & stronger but it's just becoming further more centralized & controlled, soon it will be OFAC compliant, transactions will be filtered. Monero fix it
People don't realize crypto currency is not about price, it's about freedom. A decentralized anonymous electronic money have no value because it make you sovereign against CBDC.
Warren Buffet said "Price is what you pay; value is what you get"
#Monero
Be careful with USDT, it's controlled and censored by an Organization working with the Fed, it's called Tether. It's probably not a good idea to add this to Haveno... I will never use it.
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Moving out Ross Ulbricht should not be a political move, it should be a freedom move. Voting for Trump because of that is an error, everyone should want free an innocent from prison. Why Trump didn't free Ross when he was President before ? I don't believe Trump is for Ross, or freedom or Bitcoin (in the original freedom way). I think we should never forget the manifesto :
"We cannot expect governments, corporations, or other large, faceless organizations to grant us privacy out of their beneficence. It is to their advantage to speak of us, and we should expect that they will speak. To try to prevent their speech is to fight against the realities of information"
Don't be fooled by honey words. Our freedom is not the interest of the government, why any of the president will free Ross in reality ? Be careful
#Monero
They want you buy Bitcoin and don't sell it.
We want you running a Monero node to add privacy and decentralization then use it for payment.
They want 💲 💲 💲 💸 💸 💸 🤑 🤑 🤑
We want 🛡️ 🛡️ 🛡️ 🔐 🔐 🔐 ⛔ ⛔ ⛔
Bitcoin is pumping because of nothing, people are believing Trump is pro Bitcoin? The Government will never accept Bitcoin if it's a threat to them... what a huge mistake are you doing people ?
It's not the price of Monero, it is the volume on Haveno, a decentralized exchange built on Monero. If you say it's a shitcoin, that means you don't understand what is Bitcoin
Do you remember 2022 for example where Canada government force banks to freeze account of protesters ? Do you remember Mt Gox and FTX ? Do you remember The Greek Financial Crisis with impossible withdraw, do you remember Tether freezing usdt (because you don't own the erc20), exchanges freezing crypto because of AML... is it emotional or factual ? There is no merits of custodial solutions, it's something that Satoshi didn't want, it's something very dangerous yes, Bitcoin is useless if someone else own your key because you can be fucked at any moment like your money in the bank, there is absolutely no sovereignty at all here. Why did you say "without justifying why that outcome is likely" ?
Monero just try to be what Bitcoin should have been. A decentralized anonymous electronic money. It's right, nothing is 100% untraceable, but at some point of privacy, it's pretty impossible to track you. Monero is for now close to untraceable, but it will never be 100% because nothing can be. The point of needing Monero instead of Bitcoin is : Bitcoin is far more traceable, Bitcoin is not ASIC resistant, the mining is heavily centralized, same for Lightning Network, which is by the way not Bitcoin, it's something else where an other currency (BTCLN) is exchanged. Bitcoin can be censored like Ethereum is today. Every transactions on Bitcoin network is public, that mean nodes can reject some address... this is impossible on Monero because nodes don't see who send to who, nor the amount. Everyone who want privacy should support Monero instead of Bitcoin because Monero is a better version of Bitcoin, more private, more decentralized, more ASIC resistant... I'm not against Bitcoin, but I will never use it to make a deal, I will rather use Monero, the first decentralized anonymous electronic money 😃
Any ASIC is useless in Monero and will ever be, thanks to RandomX. Monero is not 100% untraceable and will never be, nothing will ever be bulletproof, but Monero is actually too good for ChainAnalysis and co. If you don't do shit with opsec, it's close to impossible to link transactions with you. The actual threat is @IP. Simply running it's own node fix that. If you want to use an other network than Bitcoin network, ok do it, I will never do that, I think you understand what is the risk... the hard fork is just a cleaner way to upgrade, nothing to do with the supply. It's like removing windows10 and installing a fresh windows 11. It's more healthy.
Monero just try to be what Bitcoin should have been. A decentralized anonymous electronic money. It's right, nothing is 100% untraceable, but at some point of privacy, it's pretty impossible to track you. Monero is for now close to untraceable, but it will never be 100% because nothing can be. The point of needing Monero instead of Bitcoin is : Bitcoin is far more traceable, Bitcoin is not ASIC resistant, the mining is heavily centralized, same for Lightning Network, which is by the way not Bitcoin, it's something else where an other currency (BTCLN) is exchanged. Bitcoin can be censored like Ethereum is today. Every transactions on Bitcoin network is public, that mean nodes can reject some address... this is impossible on Monero because nodes don't see who send to who, nor the amount. Everyone who want privacy should support Monero instead of Bitcoin because Monero is a better version of Bitcoin, more private, more decentralized, more ASIC resistant... I'm not against Bitcoin, but I will never use it to make a deal, I will rather use Monero, the first decentralized anonymous electronic money 😃
The real problem is not that people don't know.
The real problem is that people don't want to know.
If people wanted to know, they would actually know.
That's why people don't remember the past.
That's why history repeat again and again.
If you don't remember the past, you are domed.
#Monero
Every crypto can suffer a non programmed supply inflation, by bug or exploit. Bitcoin was exploited in early days, Stellar was exploited in 2017 and that problem will eventually come to Monero one day, maybe it's already here, we don't know, and maybe Bitcoin is actually exploited, we don't know, are you checking every transactions? For reducing the risk, like in Bitcoin, each Monero block contain the Coinbase Transaction where the new xmr created is public: around 0.6 per block (2 minutes) but an exploit is different, I repeat, Bitcoin can be exploited and the exploit will eventually be discovered many months or years later, but honestly, if it will happen only 1 time, this will be a catastrophe. Btc created by exploit will probably be immediately send on exchange, imagine 1 million btc droped out of thin air... I hope it will never happen on any network.
Each Bitcoin is unique, if you find the good one, you will be able to go to jail, even if you haven't do anything wrong...
Privacy is needed, it require fungibility, which is in Monero
The main concept of Blockchain is to hold data (transactions) forever, impossible to modify or delete. We don't want that in web, an article for example can be modified. The Blockchain usage will be good if we want an archive system. The Blockchain is an archive system where present data can't be touched, it's just possible to add new data, but in IPFS, data can be removed, so it's different I guess
I don't understand what you focus on "furry porn" but Monero is probably the most private digital currency. For now, I didn't see any real article pushing evidence that Monero was cracked, and it will probably do even better in the future, so it should be safe to buy your "furry porn" with Monero ^^
Definition of cryptography: Any of various mathematical techniques for encrypting and decrypting data in order to keep it private when transmitted or stored electronically.
Where Bitcoin's transactions are private when all transactions are disclosed to everyone and a wallet is linked to a real person by KYC ?!
No privacy given here... Monero fix it 😉
I have something better: I will give you my Monero address and you will give me the receiver and the amount
852ZoFKMS5uJC6529aV8em9czbQg4R5KGN41KnRRs8t95A3Jxbg8nuqPveyXsDpAXxMMZypJ4hZwHhqENmWhgEgx8qj3XH4
I didn't coinjoin or anything special, I just receive an address to send money and I sent. As simple as that 😉
Bitcoin wasn't private at all, never. It was and it is pseudonymous, not anonymous. In the early days, people bought with Paypal, credit card without KYC, but there was a trace, withdraw to an address which is perfectly public like all the blockchain... Just now it's worse with KYC and ChainAnalysis... People believing Bitcoin is good again surveillance are fool
Some Bitcoiners are so arrogant, being disrespectful is probably not the way to go.
Charles Hoskinson is probably smarter than many of us, we can of course disagree with him but it's stupid to insult him.
Notes by mbl007 | export