Conversation

Notices

1. Embed this notice
   kaia (kaia@brotka.st)'s status on Saturday, 31-May-2025 19:32:11 JST kaia
   new digital euro where your wallet can be deactivated and your funds destroyed :SoraWow: surely I'll use that
   • Phantasm likes this.
   • Embed this notice
     SuperDicq (superdicq@minidisc.tokyo)'s status on Saturday, 31-May-2025 19:33:23 JST SuperDicq

     in reply to

     @kaia@brotka.st I don't like people who hate on cryptocurrency but provide no reasonable alternatives

     kaia likes this.
   • Embed this notice
     narcolepsy and alcoholism :flag: (hj@shigusegubu.club)'s status on Saturday, 31-May-2025 19:43:10 JST narcolepsy and alcoholism :flag:

     in reply to

     • SuperDicq
     @SuperDicq @kaia tf2 hats
     snacks likes this.
   • Embed this notice
     mangeurdenuage :gnu: :trisquel: :gondola_head: 🌿 :abeshinzo: :ignucius: (mangeurdenuage@shitposter.world)'s status on Saturday, 31-May-2025 19:47:35 JST mangeurdenuage :gnu: :trisquel: :gondola_head: 🌿 :abeshinzo: :ignucius:

     in reply to
     @kaia How does it change from the usual digital bank money ?
     kaia likes this.
   • Embed this notice
     SuperDicq (superdicq@minidisc.tokyo)'s status on Saturday, 31-May-2025 20:27:35 JST SuperDicq

     in reply to

     • Sun Microdevil Pte Ltd

     @koakuma@uwu.social @kaia@brotka.st That means it's either controlled by a central authority which will abuse their power or it requires some sort of proof of work or stake.
     
     I really don't think there can be any other solution.

     翠星石 likes this.
   • Embed this notice
     Sun Microdevil Pte Ltd (koakuma@uwu.social)'s status on Saturday, 31-May-2025 20:27:36 JST Sun Microdevil Pte Ltd

     in reply to

     • SuperDicq

     @SuperDicq @kaia I want electronic money that truly works like cash

   • Embed this notice
     SuperDicq (superdicq@minidisc.tokyo)'s status on Saturday, 31-May-2025 20:47:08 JST SuperDicq

     in reply to

     • Sun Microdevil Pte Ltd

     @koakuma@uwu.social @kaia@brotka.st Physical cash still records every transaction into a database tho. It's just that in this case that database happens to be physical reality itself.

     翠星石 likes this.
   • Embed this notice
     Sun Microdevil Pte Ltd (koakuma@uwu.social)'s status on Saturday, 31-May-2025 20:47:09 JST Sun Microdevil Pte Ltd

     in reply to

     • SuperDicq

     @SuperDicq @kaia By "works like cash" I mean one that doesn't require one to register every transaction to some (logical, if not physical) database of some sorts in real time

     The way cash works just fine when you're trapped in an island with only intermittent connection to the outside world

   • Embed this notice
     SuperDicq (superdicq@minidisc.tokyo)'s status on Saturday, 31-May-2025 20:49:13 JST SuperDicq

     in reply to

     • Sun Microdevil Pte Ltd

     @koakuma@uwu.social @kaia@brotka.st I mean sure I would also love to have a locally stored digital currency that never connects to any sort of database.
     
     But how would we prevent people from cheating and giving themselves more money than everyone else?

   • Embed this notice
     SuperDicq (superdicq@minidisc.tokyo)'s status on Saturday, 31-May-2025 20:56:30 JST SuperDicq

     in reply to

     • Sun Microdevil Pte Ltd

     @koakuma@uwu.social @kaia@brotka.st Also I do wanna say that in my recent trip to Japan I've noticed something that was really nice.
     
     It's not perfect because it's still a centrally controlled system backed by fiat currency, but it is still very convenient and can replace cash in a lot of daily scenarios.
     
     They have these Suica cards for public transport there. They are completely anonymous because you can buy and recharge the cards using cash from a vending machine.
     
     But these cards are not used only for public transport. Many stores accept them too, and so do vending machines, arcade machines, etc.
     
     It really felt like digital cash.

   • Embed this notice
     SuperDicq (superdicq@minidisc.tokyo)'s status on Saturday, 31-May-2025 21:02:23 JST SuperDicq

     in reply to

     • Sun Microdevil Pte Ltd

     @koakuma@uwu.social @kaia@brotka.st Also I can read my remaining balance and see my transaction history by reading the card using the NFC reader in my phone using MetroDroid.
     
     So this is all actually stored on the card itself but I assume it's double checked to be consistent with a centralised server by the payment machines.

   • Embed this notice
     SuperDicq (superdicq@minidisc.tokyo)'s status on Saturday, 31-May-2025 21:04:00 JST SuperDicq

     in reply to

     • Sun Microdevil Pte Ltd

     @koakuma@uwu.social @kaia@brotka.st And also it doesn't replace cash in the way that I can't transfer this money this money to my friend's Suica card afaik.
     
     I can not give money to friends with it, you can only make purchases from commercial entities.

   • Embed this notice
     SuperDicq (superdicq@minidisc.tokyo)'s status on Saturday, 31-May-2025 22:24:12 JST SuperDicq

     in reply to

     • Sun Microdevil Pte Ltd
     • GNU Tar

     @freetar@freesoftwareextremist.com @koakuma@uwu.social @kaia@brotka.st We have the OVChipkaart in the Netherlands, but they fall short in many ways.
     
     You can't charge them with cash, the machines only accept debit cards. So they are not anonymous.
     
     You also can't read the balance and transaction history of the card using your own NFC reader like how is possible with the Suica.
     
     We also can not use the public transport card to do something other than pay for fares. We can not use them in stores or at vending machines or anything else.
     
     In fact I believe our public transport card might actually be on its way out. As right now you can also pay your fares using the NFC chip on your debit card directly (using contactless payment), so why use an additional card?

   • Embed this notice
     GNU Tar (freetar@freesoftwareextremist.com)'s status on Saturday, 31-May-2025 22:24:17 JST GNU Tar

     in reply to

     • SuperDicq
     • Sun Microdevil Pte Ltd
     @SuperDicq @koakuma @kaia
     >They have these Suica cards for public transport there. They are completely anonymous because you can buy and recharge the cards using cash from a vending machine.
     
     >But these cards are not used only for public transport. Many stores accept them too, and so do vending machines, arcade machines, etc.
     
     Isn't that how those cards work all over the world? The only drawback of not registering your card here is that your transport ticket costs more, but hot chocolate doesn't.
   • Embed this notice
     SuperDicq (superdicq@minidisc.tokyo)'s status on Saturday, 31-May-2025 22:29:10 JST SuperDicq

     in reply to

     • Sun Microdevil Pte Ltd
     • GNU Tar

     @freetar@freesoftwareextremist.com @koakuma@uwu.social @kaia@brotka.st Using public transport anonymously is nearly impossible in the Netherlands.
     
     If you want to charge your public transport card using cash, you can only do it at a service desk which are only sometimes available at a few major stations.
     
     Most other stations only allow you to charge your card using a machine and a debit card.
     
     And as soon as you have used your debit card to charge your public transport card at least once the card can no longer be considered anonymous in my opinion, because your personal payment details can now be linked to the card.

   • Embed this notice
     SuperDicq (superdicq@minidisc.tokyo)'s status on Saturday, 31-May-2025 22:31:13 JST SuperDicq

     in reply to

     • Sun Microdevil Pte Ltd
     • GNU Tar

     @freetar@freesoftwareextremist.com @koakuma@uwu.social @kaia@brotka.st In Japan every single machine that allows you to recharge your card accepts bills and coins like they should.
     
     I don't know why this is not a thing here and it really bothers me.

   • Embed this notice
     SuperDicq (superdicq@minidisc.tokyo)'s status on Saturday, 31-May-2025 22:33:23 JST SuperDicq

     in reply to

     • Sun Microdevil Pte Ltd
     • GNU Tar

     @freetar@freesoftwareextremist.com @koakuma@uwu.social @kaia@brotka.st Also in Japan it's a really good way to get rid of small change.
     
     You'll always end up with a whole bunch of worthless and otherwise unusable 1 yen coins. It's very nice to be able to just throw them into the Suica recharging machine to get rid of them.

   • Embed this notice
     SuperDicq (superdicq@minidisc.tokyo)'s status on Sunday, 01-Jun-2025 07:13:32 JST SuperDicq

     in reply to

     • Sun Microdevil Pte Ltd
     • GNU Tar

     @freetar@freesoftwareextremist.com @koakuma@uwu.social @kaia@brotka.st Yeah it really is unfortunate that it is hard to travel anonymously here.

   • Embed this notice
     GNU Tar (freetar@freesoftwareextremist.com)'s status on Sunday, 01-Jun-2025 07:13:33 JST GNU Tar

     in reply to

     • SuperDicq
     • Sun Microdevil Pte Ltd
     @SuperDicq @koakuma @kaia
     Yeah... that also happens in the Third World, except for the part about coins (at least in my country). I never thought that the Netherlands would be such a proprietary country, especially regarding transport.