@muntedcrocodile @k4r4b3y The reason crypto in general is considered scammy is because BTC, ETH, and most others are simply not useful as currencies, due to LIMITATIONS OF DESIGN. Such as hardcoded blocksize, block transparency, and more.

Right from the beginning, people doubled down on their investments selling flimsy alternative theories than the simple design goal of “Internet cash”

AFAICT, only one serious project has had the engineering focus to make design changes as needed. XMR is money

[-] dragonsidedd@sciencemastodon.com 5 points 2 months ago

@shortwavesurfer @antidarknet
On the one hand, marijuana clearly should have fewer restrictions than alcohol given the objectively fewer personal and social risks.

On the other hand, without marijuana prohibition, how will we ensure a constant stream of new anarchists in each successive generation?

/s

[-] dragonsidedd@sciencemastodon.com 5 points 2 months ago

@nihilist @makeasnek Monero is the world's emergency safety valve against overzealous governments

[-] dragonsidedd@sciencemastodon.com 3 points 4 months ago

@magicbeergut @hetzlemmingsworld Minimum 50 years, possibly never. If you believe the director of the Institute for Quantum Information and Matter.

https://invidious.privacydev.net/watch?v=QUGnaLh6QLI

[-] dragonsidedd@sciencemastodon.com 4 points 7 months ago

@prancing389 @SummerBreeze Abandoned in favor of more private/resilient options by privacy fetishists like many of us in the #monero community. True.

But ... !

a) You'd be amazed how amazingly poor OpSec people have generally, and criminals in particular. A shocking number of *public* social media posts including the accused and the corpus delicti come up in court documents.

b) Signal is easier for my Mom than Matrix.

Making more privacy the default in more apps is an unmitigated Good Thing.

[-] dragonsidedd@sciencemastodon.com 4 points 8 months ago

@AlwaysTheir @XmrLovingAncap I do not have a degree in Economics. I used to self-describe as an Austrian. I heard and read a lot about it.

However, I have had to note, ~3 years, we had:
a) stay-at-home + money printing
b) war in Europe + supply chain insanity
which led to
c) big inflation
... which Austrians all predicted would happen.
BUT WE ALSO HAD:
d) the inflation fall back to ~2%
e) the economy surge forward

At this point, "Austrians" need to explain why their theory fails so hard, Sry

[-] dragonsidedd@sciencemastodon.com 5 points 8 months ago

@stealths I think Monero is the best available Internet Currency.

Speculating on currency is way, way outside my specialization and is not of personal interest.

As a software engineer, designing and deploying a currency that is conformant with the design principles of the Internet... is exactly my specialization and interest.

[-] dragonsidedd@sciencemastodon.com 12 points 8 months ago

@stealths @User1 I don’t think any of us running nodes are going to stop because of what any particular corporation decides. We’re not running nodes to earn money.

[-] dragonsidedd@sciencemastodon.com 3 points 10 months ago

@mister_monster @snitchy_asc I had the same skepticism about monotonically increasing blockchain sizes.

I wish I had looked at storage and bandwidth curves a lot earlier.

Long term storage size is no longer a concern I worry about.

[-] dragonsidedd@sciencemastodon.com 5 points 11 months ago

@Rucknium People using Monero with a closed source wallet, smh

@moneromaxi @Rucknium Don’t trust your money to closed source wallets

@ajsadauskas @technology
> By the time the regulators and the general public catch on to what we're doing, we will have well and truly moved on to our next grift

Fortunately, sometimes the grifters get justice served

https://decrypt.co/148288/lbry-token-plummets-file-sharing-crypto-project-shuts-down

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dragonsidedd

joined 2 years ago