Nostr Web Client

#1 this isn't wholely true - to obtain Monero in large amounts you have an insanely challenging problem & will probably leave a trail behind for capture, this is why the mining protocol sucks & they should've stuck with ASICs:

https://www.bleepingcomputer.com/news/security/police-arrest-man-for-laundering-tens-of-millions-in-stolen-crypto/

#2 I'm happy people who cheated their way to riches (see above) get absolutely fucked, this is why I want a public ledger - so we can audit - not recreate the black box fiat system for crooked leaders to abuse.

Here's another example of Monero use case due to ASIC forking, it wasn't a good idea, but the real use case of Monero is stealing of resources (direct & indirect):

https://www.yahoo.com/entertainment/japanese-police-arrest-16-individuals-123213014.html

#3 Liquidity is a real issue for spending Monero, & so is liquidity on BISQ, Robosats, & basically all methods of acquiring Monero (see first link above).

This leads to real users obtaining privacy, meanwhile not giving thiefs & other criminals an easy way out to dominate the network's usage.

Imho this is a feature not a bug.

#4 Monero can have privacy leaks we are not aware of, & we can not be sure about the future. That's why hard forks are consistently executed. This is known in privacy tech & why people usually still protect themselves by using public computers:

https://crypto.news/monero-privacy-bug-decreased-anonymity-for-3-years/

Saberhagen The Nameless 2y ago

#1 #3 You can get Monero KYC free easily. If you need huge amounts, buy Bitcoin KYC free -> swap to Monero. Tada!

#2 Doesn't make sense. It's either private for everyone or no one. You can't have it both traceable for criminals and private for honest users.

#4 Weak point too. You are worried about hypothetical future "privacy leaks" while your blockchain is completely public. Concern trolling. If you would read that article you would see it was only an increase in probability of choosing sender, wasn't deterministic. And even if they guessed correctly they would STILL NOT KNOW amount sent OR who the reciever was.

You cant do necessary upgrades in the privacy arms race without hardforks. The code is FOSS that is all that matters. If slim chance that all devs and maintainers nefariously collaborate we will just fork the project like we did from Bitmonero.

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Discussion

ShiShi21m 2y ago

Low level to even lower level takes by monero folk.

🥱

Saberhagen The Nameless 2y ago

No aguments against anything I said huh?