• 9 Posts
  • 178 Comments
Joined 1 year ago
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Cake day: June 13th, 2023

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  • Essential consumer goods have huge markets, and have few differentiating factors. Both of these things are beneficial for mass production, which lowers the cost so much that small business are driven out of the market. And the small business that remain often only resell mass produced goods. Even though WE want essential goods available for Monero, I think it offers buisiness too little advantage in a highly competitive market and the effort required plus legal uncertainty may even drag them down.

    If you want Monero adoption, ask yourself: Why would you want to receive XMR instead of cold hard cash for your work and/or goods? The obvious answer should be: Because you can use it for things you can not use cash for! Yeah people of course thing “duh we got the darkweb” and while that’s true the market is way beyond early adopter stage and does not really require our attention. I do like to market for internet services (email, vpn, vps, sms verification etc) because it’s such an obvious yet still niche use case. It’s also a low value way to spend donated money on your foss projects or whatever you do.

    Personally I think good markets would be anything that is not illegal, but people still don’t want anyone else to know about. If you could pay for tax consultants, lawyers, psychiatrists and similar professions anonymously, I’d bet some people would be willing to pay extra and go out of their way to acquire XMR. And once you can’t trade for fiat anymore, the best way to get some would be to earn by offering more generic things.

    Yes, in the end it’s a hen and egg problem. But I really do believe the least uphill battle is going the “exclusive for XMR” route.


  • There are plenty of tradesmen working on weekends without reporting it to tax authorities. Common in cities, practically the norm in rural areas. Time spend working doesn’t leave a paper trail and whoever hired them can buy all the materials for “personal use”. Farmers do need to buy supplies, but unless they have John Deer equipment, the harvest amount will not be automatically counted, and it’s trivial to sell some part of it on non-official markets.

    I think it all hinges on how fast people get used to using monero “for real” and not only to buy some merch or for other meme purposes. When regulations come down, the people who will be hit the hardest are those bridging between fiat and xmr, because their banking activity can be moderately easy controlled.



  • Who is the intended audience? The overlap between people who trust AI written articles and people who are interested in freedom Money is pretty much non existent.

    We know that AI can and does lie incredibly convincing. We know that AI is the preferred tool for manipulative and profit-driven content. If anything, using AI devalues the valid points. Spellcheck should catch most spelling issues, and “unusual” grammer gives writing character and makes it human. Don’t be fooled and think that AI does a better job then you could.






  • Because the link above requires JS to view content:

    spoiler

    Monero (XMR) is a cryptocurrency designed with strong privacy features, making transactions untraceable and private. This inherent privacy has led to Monero being maligned as a tool for criminals, as it offers an attractive option for illicit activities such as money laundering, drug trafficking, and other black-market transactions. Critics argue that because Monero transactions are not publicly visible, it is more difficult for law enforcement to track and prevent illegal activities. Monero advocates argue the right to privacy supercedes and negates the perceived requirement for the state to monitor financial transactions.

    Privacy Features

    Monero employs several advanced cryptographic techniques to ensure transaction privacy:

    1. Ring Signatures: These obfuscate the true sender by mixing their transaction with others.

    2. Stealth Addresses: These hide the recipient’s address by generating a unique, one-time use address for each transaction.

    3. Ring Confidential Transactions (RingCT): These hide the transaction amount.

    These features collectively make it very challenging for anyone to trace transactions back to their source or determine the amounts involved.

    Unfair Persecution and the Streisand Effect

    The negative perception and regulatory scrutiny surrounding Monero have led to an unintended consequence known as the Streisand effect. The Streisand effect refers to the phenomenon where attempts to hide or censor information only serve to draw more attention to it. In the case of Monero:

    1. Increased Interest: Efforts to malign Monero as a tool for criminals have piqued the curiosity of privacy advocates and liberty lovers who value financial privacy and autonomy.

    2. Adoption by Privacy Advocates: Those who are concerned about surveillance and government overreach are increasingly adopting Monero to protect their financial privacy.

    3. Exit from Fiat System: The fear of an all-encompassing, track-and-trace Central Bank Digital Currency (CBDC) has driven individuals to seek alternatives like Monero that promise greater privacy and control over their finances.

    Concerns Over Central Bank Digital Currencies (CBDCs)

    CBDCs are digital versions of fiat currencies issued and regulated by central banks. There are growing concerns about the potential for these currencies to enable unprecedented levels of surveillance and control:

    1. Programmable Money: CBDCs could be programmed to restrict how money is spent, enforcing government policies directly through financial transactions.

    2. Tracking and Tracing: Every transaction made with a CBDC could be tracked, providing governments with detailed information on individual spending habits.

    3. Financial Exclusion: Governments could potentially exclude individuals or groups from the financial system by freezing or limiting access to their digital wallets.

    The Attraction of Monero

    In this context, Monero’s strong privacy features make it an attractive option for those seeking to protect their financial autonomy:

    1. Financial Freedom: Monero offers a way to transact without fear of government surveillance or censorship.

    2. Decentralization: As a decentralized cryptocurrency, Monero is not controlled by any single entity, further enhancing its appeal to those distrustful of centralized power.

    3. Privacy by Design: Monero’s design ensures that privacy is a fundamental feature, not an optional add-on, appealing to those who prioritize confidentiality.

    Conclusion

    While Monero’s privacy features have led to its reputation as a tool for criminals, this perspective overlooks the legitimate desire for financial privacy and autonomy. The increasing interest in Monero, fueled by fears of a surveillance-heavy future with CBDCs, exemplifies the Streisand effect. By attempting to suppress or malign Monero, authorities may inadvertently be driving more people towards it, as they seek alternatives to the potentially intrusive fiat banking system. This dynamic highlights the ongoing tension between privacy and security in the evolving landscape of digital finance.


    Honestly it reads like yet another chat GPT written article which the user has pushed several times before.






  • I have used them back when they cost 3.5€/mo instead of the 5€/mo you pay for mullvad or ivpn. Gave them a try specifically because the support XMR, and it worked flawlessly for each of the 5 (?) payments I made. Service is fine, no complaints, but the desktop app is shit. Can’t easily configure local bypass which is supported by mullvad/ivpn. At the new pricing their offer doesn’t really make sense anymore.




  • People joke about this all the time, and I here the sarcasm in your comment, but technology has come far since the iphone 6 or 7.

    Most high end phones have wireless charging build it. Between the receiver coil and the rest of the phone is a thin sheet of ferrite material to prevent the electromagnetic field from getting to the sensitive electronics. Battery technology has also improved a lot, so much that even relatively cheap phones like the Realme GT Neo 5 charge at 150W!

    From the technical perspective the limit is the cable and connector, because there would be too much losses that heat up the cable to dangerous levels and rapidly degrade the contact area in the connectors. Manufacturers don’t want to deal with this security risk, not the increased RMA rates within the mandated guarantee period, so they artificially limit the charging rate.

    Thing is: You absolutely can charge at higher speeds if you bypass the cable altogether! A microwave outputs usually somewhere between 150W-1000W, so stick to the lower end to be on the safe side. The screen of the phone must face down, because the charging coil is placed on the back. You also must prevent overcharging by setting the timer correctly: If your phone battery has 15Wh capacity, and you are charging with 150W, you must at most charge for 1/10 of an hour, or 6 minutes (less if you are just topping up your phone).

    One final note: fast charging does put increased wear on the battery, so I only recommend to use it when you need it, for example when you need to make a flight and are already running late.