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Joined 2 years ago
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Cake day: January 8th, 2024

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  • Since the government hates Monero so much, that’s actually not as big of a problem with Monero because people want to earn it and trade it for goods and services in the real world. Also, people who use Monero are incredibly against centralized exchanges and would like to see it banned from every single centralized exchange on Earth so that decentralized exchanges would be the only place you could obtain it or through permissionless atomic swaps and peer to peer. The Monero community also mocks number go up people and calls them state plants.




  • In today’s world, we are moving from analog systems to digital systems, and therefore, physical proof of ownership supersedes electronic proof of ownership.

    If a company is digital native and issues their shares on a blockchain without ever issuing any kind of analog shares, then the electronic proof would supersede the physical proof, no matter what happened.

    Say Alice has a hair salon that’s called Alice’s hair salon, and she issues one million tokens on the Ethereum blockchain, and each token represents one one millionth of the company, Alice’s hair salon. Well, since she never issued any stock on the analog systems, the Ethereum system would be the final arbiter of who does and does not own any of those Alice’s hair salon tokens.


  • I’m assuming you didn’t watch the video, because it did discuss that.

    Alice, who is a subscriber of Dawn Defense, was murdered by Bill, who is a subscriber of Tanner Justice. Dawn Defense is pro-death penalty for murderers and Tanner Justice is not. Therefore, each company does a calculation to figure out how many users and how much revenue they will lose if their side is not upheld and the side that is likely to lose more pays the other side to stand down. In the case of the video, the assumption is that if Dawn Defense loses, they will lose one million currency units worth of customers, where if Tanner Justice loses, they will lose 500,000 currency units. So, Dawn Defense pays Tanner Justice 800,000 currency units to stand down, which is more than the 500,000 they would have lost, and less than the 1 million that Dawn would lose if they weren’t able to enforce the death penalty on Bill.

    These stand-down arrangements would be known beforehand, and therefore, when Bill subscribes to Tanner Justice, he would be informed that if he murders a client of dawn defense, that he will not be protected from the death penalty.



  • The true libertarians and anarchists in the room would call out the fact that they are attempting to build a world where governments don’t run courts because governments don’t exist and that all courts would be arbitration courts and decentralized and run by the community. If I have a problem with you, I tell my arbitrator about it, and my arbitrator tells you that I have a problem with you. If you don’t like my arbitrator, then you choose your own arbitrator, and if I don’t like the arbitrator you choose, then the arbitrators choose a third party arbitrator that they both agree on, and we agree to be bound by what that arbitrator says.

    Edit: If you are willing to watch a 22 minute video, this might be of interest to you.

    https://www.youtube.com/watch?v=fZ0Qkhnt6bQ



  • In case anybody sees this and doesn’t know the context, this is the note that was published in the Genesis block of the Bitcoin blockchain, Satoshi wanted to engrave forever the fact that at this time the chancellor was on the brink of second bailout for banks. It was a call-out against the fiat system, and it’s one of the best call-outs in history. and will be there forever more.

    If you happen to have an original copy of this newspaper, it is a genuine artifact, and you can make absolute tons of money on it. No bullshit.

    Based on this headline and the fact that Satoshi mentioned digital cash in the white paper as much as he did, you can clearly tell that he was frustrated with the fiat system and all the excesses that came with it and wanted to create a whole different system that was out of the hands of governments and corporations. He came close to succeeding but didn’t quite finish the job because he couldn’t figure out a way to add privacy into his ledger, which makes the entire thing completely transparent to law enforcement and government crooks.

    However, on April 13th, 2014, the final puzzle piece was added with the launch of Monero, which has a fully private blockchain that does not have sender, receiver, or amounts being shown.

    If you ever happen to read this comment, Satoshi, thank you for your great work. We will be forever in debt to you.










  • By comparison, Monero is actually quite stable because it actually has real-world usage. I would recommend using the six-month or one-year simple moving average because that stops market fluctuations from changing the value of your net worth in fiat.

    Somebody above said that Monero wasn’t a good investment and I have to disagree. Because if I’m going to invest in a cryptocurrency, I would much rather nobody know I have it than to have paper fiat gains visible for everybody online to see.


  • This is going to end up in the Supreme Court as a First Amendment challenge because if code is speech, then age verification is code and therefore compelled speech by the government.

    Anybody who complies with this is a fucking sheep. We need people who will stand up and strip age verification code out of any Linux operating system that dares to implement it. For example, if Ubuntu implements it, we need somebody to stand up, strip the verification code out of it, and then release it as Ubuntu free or whatever.