ajkdhcb2

22 ms·

181.
by ajkdhcb2 6y ago
Money that central banks can just print out of thin air with one click is absurd and doesn't even make sense. The banks can give her those same protections and she will be the last to adopt it. She will hardly notice and just tap her c
182.
by ajkdhcb2 6y ago
People like her can let custodians like banks store her cryptocurrency.
183.
by ajkdhcb2 6y ago
I have money stuck in limbo right now because of a failed LN transaction. Waiting to contact wallet developers. It still doesn't work
184.
by ajkdhcb2 6y ago
If different countries had different ban lists then it would still censor the BTC that are included in enough lists As BTC continues to grow, the 'bitcoin community' changes in character; it's already fallen far from the cyph
185.
by ajkdhcb2 6y ago
but it is already happening: https://decrypt.co/48025/bitcoin-mining-pool-that-censors-tr... Big pools need to buy cutting-edge equipment and use huge resources, they have to abide by regulators. Most users would be un
186.
by ajkdhcb2 6y ago
The new breed of users doesnt care at all about such things. Usually the price goes up as it becomes less cypherpunk and more of a regulated surveillance instrument - speculators will argue that it increases legitimacy and encourages instit
187.
by ajkdhcb2 6y ago
Of course they can't start orphaning blocks yet, but they can once it is more popular. It wouldnt take much government pressure, obviously governments will want to stop people from processing illegal transactions, and miners won't
188.
by ajkdhcb2 6y ago
That article has been debunked for years, it is very old https://www.getmonero.org/2018/03/29/response-to-an-empirica...
189.
by ajkdhcb2 6y ago
Delistings are irrelevant and ineffective. Monero usage wouldnt be legally enough to start an investigation, by far most users really are just speculators
190.
by ajkdhcb2 6y ago
Funds like this can be frozen when 51% of mining pools start censoring transactions. Pools are now beginning to do this. I expect there will be a lot of BTC like this that starts to realise they need to be trying to dump it / escape in
191.
by ajkdhcb2 6y ago
This is crypto, almost all users are always going to be speculators even with monero. Pretty much all countries still have presumption of innocence and a legal system
192.
by ajkdhcb2 6y ago
Opt-in privacy is a fundamental technical issue. It is shown everywhere that it does not work. This due to human nature, timing analysis, lack of censorship resistance and lack of fungibility.
193.
by ajkdhcb2 6y ago
The information is there but law enforcement hasn't widely used it for mass arrests -- just not yet. There is also wide evidence of crime on Facebook messages that goes unnoticed but that doesn't mean it is private.
194.
by ajkdhcb2 6y ago
Trash tech design that's won't be private nor used by anyone
195.
by ajkdhcb2 6y ago
This part really disturbed me
196.
by ajkdhcb2 6y ago
Bitcoin isn't private or suitable for peer-to-peer transactions since it has tainted coins.
197.
by ajkdhcb2 6y ago
Network effect and perceived legitimacy is critical. Splitting that is obviously suboptimal, especially when privacy depends on having a large number of users to blend in with. There isn't a single cryptocurrency in the top 20 by marke
198.
by ajkdhcb2 6y ago
Psychiatric studies like this are almost always so disgracefully designed. It's inevitable that people will struggle to study themselves, I suppose.
199.
by ajkdhcb2 6y ago
It seems MobileCoin went up over 500% days -before- the announcement... No doubt what is happening here
200.
by ajkdhcb2 6y ago
Putting people's privacy in danger with fake privacy coins is a devastating error. Mobilecoin is a scam. The only private cryptocurrency that works is Monero. I now can only believe Signal has sick motives or is a honeypot. Extremely s
201.
by ajkdhcb2 6y ago
Seems untrue to me. Lots of other services continue to function with no such requirements. Bitpay only did it recently after many years of business and there was no regulatory change I also don't understand how it is logically any diff
202.
by ajkdhcb2 6y ago
Not for such small transactions
203.
by ajkdhcb2 6y ago
There are always debit cards that let you 'spend' crypto, paypal is obviously less useful than that. The volume would also be nowhere near big exchangers since trading is by far the biggest activity in crypto
204.
by ajkdhcb2 6y ago
What's the point if you cant even deposit crypto to paypal? Does the crypto ever even exist?
205.
by ajkdhcb2 6y ago
It killed itself. I stopped using several services because they want me to send fucking passport info to make a $10 transaction, so unsafe.
206.
by ajkdhcb2 6y ago
Darknet markets
207.
by ajkdhcb2 6y ago
Peer-to-peer exchange works perfectly fine. It is funny how it used to be the most common way to exchange crypto, but now people think you need these dangerous and inefficient centralised exchanges just because they became popular.
208.
by ajkdhcb2 6y ago
There are still people that don't realise the absolute corruption of the NSA?
209.
by ajkdhcb2 6y ago
Does nobody else see the irony when people say they are uninstalling Firefox code because they hate cancel culture? Lets build a premium water fountain exclusively for people of colour to fight racism too?
210.
by ajkdhcb2 6y ago
Why would someone with passion for software choose to work at repugnant FAANG companies?

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