• 3 Posts
  • 20 Comments
Joined 8 months ago
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Cake day: April 4th, 2024

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  • I use it to buy gift cards in India, currently the most populous country on the planet(for better or for worse), that adds up to… 35-45% of the world population; the figure does not even include the African and south American countries where there is a significant adoption of cryptocurrencies due to high inflation rates of the local currency.


  • A true private blockchain with a capped supply is a recipe for disaster IMO. considering the tokens right now are dirt cheap, anyone with a spare 10000$ can easily dry up the liquidity and pump the prices, immediately profiting; because you cant pinpoint it down to one whale like you can with a transparent ledger, such volatile downright illegal market manipulation will simply go undetected.









  • Shame, during the great Fediverse migration, I expected there would be more people in Monero specific spaces as the concept of the fediverse in general aligns so well with the values behind Monero, unfortunately it seems it has just become a bubble of ideologies. I expected there would sort of be a chatter surrounding the 10th anniversary, I guess most people in the community have ‘settled’ and are done with Monero activism and I am the one who is late.

    Hung around with the Serai people(digitally) near the start of the bullrun, as I understand they plan to launch their own native coin(which I have some reservations against), and don’t really have a focus on privacy(at least right now)




  • what governments force you is outside of the scope of monero yes it is but at the same time it isn’t; Monero’s growth and adoption, depends on the way it is handled by legislature, the likely outcome of my dystopian reality is relisting(but at what cost, I rather have it be banned); It is as I said ‘the view keys is equivalent to Handing a silver-platter to the Government and by extension analysis companies’ I agree they are legitimately useful but they have the capacity to be Abused and used for surveillance.

    PS. Is there a way I can voice my concerns directly to the development team currently working on Seraphis?





  • This is not really a problem. You could just send the funds to another wallet and say the outgoing transactions were to pay for goods and services. Businesses would be the first to be forced to declare their view keys, Assuming that; If your transaction doesn’t show up on their system they have probable cause to suspect you, It would be equivalent to using Tornado cash directly from your CEX wallet; Call me paranoid but this neat feature has huge potential to be abused, not just from governments but essentially all businesses.

    If you have a “boating accident” you would most likely lose all your keys, including the view keys. :)

    Not plausible when presently i can just say “What Monero? 🤷‍♂️”

    PS. The state has no right to directly tax income as this is derived from an even exchange of labor for currency, there is no profit. If you are profiting from the labor of others then a tax claim can be made.

    Your state is different than my state


  • I wish there were more users on this instance or Lemmy in general, Can some one please Crosspost this post to the subr*ddit, I would like to hear their thoughts about it as well, all my accounts have been shadow-banned to the depths of tartarus. PS: Mentioning Lemmy or the Fediverse gets you shadow-banned, as well as having any direct links in the post; Try typing it as ‘monerodottown’