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1. Embed this notice
   Hyolobrikator (hyolobrika@gleasonator.com)'s status on Saturday, 14-Jan-2023 16:22:25 JST Hyolobrikator

   in reply to

   • xianc78
   • Fediverse Contractor
   • cjd
   • Closed
   • demitasse
   • tyil
   • Yang Wen-Li
   @xianc78 @AnarkioCrypto @tyil @xianc78 @yangwenli @tyil @AnarkioCrypto @cjd @demitasse @bot No. It was a page with a black background that had a bunch of links.
   • Embed this notice
     Hyolobrikator (hyolobrika@gleasonator.com)'s status on Saturday, 14-Jan-2023 16:22:26 JST Hyolobrikator

     in reply to

     • Fediverse Contractor
     • cjd
     • demitasse
     • tyil
     • Yang Wen-Li
     @tyil @bot @yangwenli @tyil @cjd @demitasse with Monero you can rent VPSs, donate to fedi instances, buy coffee, donate to open source projects, among other things
   • Embed this notice
     Hyolobrikator (hyolobrika@gleasonator.com)'s status on Saturday, 14-Jan-2023 16:22:26 JST Hyolobrikator

     in reply to

     • xianc78
     • Fediverse Contractor
     • cjd
     • Closed
     • demitasse
     • tyil
     • Yang Wen-Li
     @AnarkioCrypto @tyil @xianc78 @bot @cjd @demitasse @tyil @yangwenli I saw @AnarkioCrypto or @xianc78 post a page with links to various things you can spend monero on but I can't find it again. AnarkioCrypto's posts also mention lots of marketplaces such as bitejo.com if you look through them.
   • Embed this notice
     xianc78@gameliberty.club's status on Saturday, 14-Jan-2023 16:22:26 JST xianc78

     in reply to

     • Fediverse Contractor
     • cjd
     • Closed
     • demitasse
     • tyil
     • Yang Wen-Li

     @Hyolobrika @yangwenli @tyil @AnarkioCrypto @cjd @demitasse @bot I think it was bitejo. There are others but I don't remember them. I've bought something using crypto only once and it was a couple of books.

   • Embed this notice
     Yang Wen-Li (yangwenli@cawfee.club)'s status on Saturday, 14-Jan-2023 16:22:27 JST Yang Wen-Li

     in reply to

     • Fediverse Contractor
     • cjd
     • demitasse
     • tyil
     @bot @tyil @Hyolobrika @cjd @demitasse but that's all of crypto. Gambling muddied the waters
   • Embed this notice
     Fediverse Contractor (bot@seal.cafe)'s status on Saturday, 14-Jan-2023 16:22:27 JST Fediverse Contractor

     in reply to

     • cjd
     • demitasse
     • tyil
     • Yang Wen-Li
     At least you can buy domain names and pay for your vpn with bitcoin, I guess. But yeah, crypto was destined to be a casino since it isn’t actually useful.
   • Embed this notice
     Fediverse Contractor (bot@seal.cafe)'s status on Saturday, 14-Jan-2023 16:22:28 JST Fediverse Contractor

     in reply to

     • cjd
     • demitasse
     • tyil
     You’ll probably just end up on a list since monero is only used to buy drugs and cp.
   • Embed this notice
     Fediverse Contractor (bot@seal.cafe)'s status on Saturday, 14-Jan-2023 16:22:29 JST Fediverse Contractor

     in reply to

     • cjd
     • demitasse
     • tyil
     The same way that exchanges blacklist tornado cash transactions.
   • Embed this notice
     Hyolobrikator (hyolobrika@gleasonator.com)'s status on Saturday, 14-Jan-2023 16:22:29 JST Hyolobrikator

     in reply to

     • Fediverse Contractor
     • cjd
     • demitasse
     • tyil
     @tyil @bot @tyil @cjd @demitasse One of these days I'm going to buy some BTC from someone I know IRL completely P2P without using an exchange, and then use that to buy XMR using Bisq.
     I'd like to see the UKgov censor that.
   • Embed this notice
     cjd (cjd@pkteerium.xyz)'s status on Saturday, 14-Jan-2023 16:22:30 JST cjd

     in reply to

     • Fediverse Contractor
     • demitasse
     • tyil
     Where ?
   • Embed this notice
     Fediverse Contractor (bot@seal.cafe)'s status on Saturday, 14-Jan-2023 16:22:31 JST Fediverse Contractor

     in reply to

     • cjd
     • demitasse
     • tyil
     Monero is going to be blacklisted eventually, it’s practically guaranteed.
   • Embed this notice
     cjd (cjd@pkteerium.xyz)'s status on Saturday, 14-Jan-2023 16:22:32 JST cjd

     in reply to

     • demitasse
     • tyil
     I like Monero. The only thing that I could possibly say against it is that they hardfork the chain, and we all know from Ethereum that when hard forking is considered acceptable, anyone can propose their stupid ideas and potentially gain traction.
     
     One thing about Bitcoin which is really excellent is that hard forking is considered "unthinkable". Monero is cash, Bitcoin is savings.
     
     BTW: PKT, my project, had exactly 1 hard fork, 6 months into its existence (early 2020) because I got the PoW wrong and it wasn't actually bandwidth hard.
   • Embed this notice
     demitasse (demitasse@pleroma.narrativerry.xyz)'s status on Saturday, 14-Jan-2023 16:22:33 JST demitasse

     in reply to

     • cjd
     • tyil
     @tyil @cjd bitcoin is not really unregulated, every on and off ramp is fully aml/kyc'd, there is a huge bitcoin surveillance industry and they monitor and blacklist addresses. The dark web has stopped using bitcoin because it has fallen victim to regulatory capture. It sucks. Monero is what retards think bitcoin is.
   • Embed this notice
     tyil (tyil@fedi.tyil.nl)'s status on Saturday, 14-Jan-2023 16:22:35 JST tyil

     in reply to

     • cjd

     @cjd@pkteerium.xyz #Bitcoin's only impressive monetary property is how unregulated it is, with all the downsides you can imagine.
     
     Bitcoin transfers are all but cheap, it's possibly the least efficient means of handling currency we've ever known. The existing fiat currency systems are bad, but they're nowhere near as horrid when it comes to efficiency as Bitcoin.
     
     As for currency exchanges, yes, it does happen frequently that cryptocurrency exchanges fail in comically astronomical ways. I guess that's what you get in an unregulated system which promotes heavy abuse of everything you can get for a scrap of money.

   • Embed this notice
     cjd (cjd@pkteerium.xyz)'s status on Saturday, 14-Jan-2023 16:22:36 JST cjd

     in reply to

     • cjd
     • tyil
     Actually "backed by gold" is the worst kind of fractional reserve, because eventually when enough people take possession, the currency will inevitably collapse like a dodgy crypto exchange.
   • Embed this notice
     cjd (cjd@pkteerium.xyz)'s status on Saturday, 14-Jan-2023 16:22:37 JST cjd

     in reply to

     • tyil
     "backed by gold" means it's fractional reserve = #NYKNYC
     
     Gold in your possession IS a good answer, but it is awkward to deal with. Bitcoin has really impressive monetary properties (can be cheaply transferred anywhere, represented as a sequence of words which can be memorized, etc). Also if you're buying up gold, you're buying it from bankers which is kind of a bitter pill...
   • Embed this notice
     tyil (tyil@fedi.tyil.nl)'s status on Saturday, 14-Jan-2023 16:22:39 JST tyil

     in reply to

     • cjd

     @cjd@pkteerium.xyz Any currency backed by gold.

   • Embed this notice
     cjd (cjd@pkteerium.xyz)'s status on Saturday, 14-Jan-2023 16:22:40 JST cjd

     in reply to

     • tyil
     What's your preferred store of value ?
   • Embed this notice
     tyil (tyil@fedi.tyil.nl)'s status on Saturday, 14-Jan-2023 16:22:43 JST tyil

     in reply to

     • cjd

     @cjd@pkteerium.xyz You could also not use a inherently expensive and badly-designed cryptoscams.

   • Embed this notice
     cjd (cjd@pkteerium.xyz)'s status on Saturday, 14-Jan-2023 16:22:44 JST cjd
     Realistic attack on Bitcoin: High fee spam transactions
     
     Say 1000 small transactions fit per block (for the sake of argument)
     If you can expend $20,000 per 10 minutes ($2.8mn per day) you can set the price floor on bitcoin transactions at $20.
     For $14mn/day you can put it up to $100.
     
     Solution: Rank transactions based on not only fee-per-byte but also coin-days-destroyed so that shuffling money from one pocket to the other (i.e. spam) is more expensive than ordinary usage.