True, it’s not private and has too low throughput for transactions per second to be used as day-to-day currency, but something like Monero intends to solve both of those things. There are actually people accepting Monero as a day-to-day currency and living off of it, including myself.
Completely agreed, even if the founder is an absolute ass hat, as long as they make good technology, it’s still worth using it as long as its FOSS.
You don’t, or at least I never have. Once it’s gone, it’s just gone.
How about sound money that works at the speed of information, unlike gold, and can replace our banking system and all the fossil fuels needed to run it?
As far as I understand, yeah.
Exactly. And with how the government turns out to be with information in general, it’s a pretty good idea to take anything they say with a massive dose of salt.
Mmm, what is your Monero tip address?
News at 10! It was time to stop taking his word for everything. Quite a while back.
Actually, yes, I do. SOLAR FREAKING ROADWAYS
I had my suspicions he wasn’t a real cypherpunk, because he took venture capital funding to begin with, and that was a red flag in itself.
How many of them during a revision in five months will be found to have not actually existed? Recently, they just found 800,000 jobs. They thought existed and didn’t.
You should really consider making your joke less transparent. Put the punchline in the post and not in the title.
To my knowledge, every single one. It’s called the Backspace Key.
I hope they either never find out who made it or the person who made it is dead and has lost their private keys somewhere where they can never ever be retrieved. Like, can you imagine the threat to your life that would occur if you were unmasked as Satoshi? Whoever the entity is deserves to be left alone. They did a great service for humanity, and humanity should respect them.
The reason local Monero could offer services like that is because they are a centralized entity. So if you as a buyer locked the seller’s coins and then refused to pay, local Monero could get into the dispute and give the seller the coins back. However, that means the seller of the coins had to trust local Monero was actually going to give them their money back if they asked to withdraw it because they were a third party custodian holding funds and therefore were also subject to government control orders. Which is exactly why they no longer exist. Haveno is more decentralized so the gov cant shut it down nearly so easily, but the trade off is both sides making a deposit. I know it’s a pain, but for right now that’s just the way it has to be. Other people have made suggestions on how to get your first Monero so that you can use the software.
I don’t even know what mine is set to. I guess whatever the default is, because I don’t remember changing it.
Speak for yourself. I’m grown. I can have cookies whenever I damn well please. LOL
Giving private companies the funding they need to launch their own space station and then becoming a commercial customer of said space station.
I reduced my account usage by 99% in 2019 and then fully deleted it in 2023 after having used it very very little probably like one time a year after 2019. If that
Fair point. There’s a good chance somebody would have come up with the idea at some point, but Satoshi was the first to do so with the blockchain, which really did change everything.