So infinite supply is bad because it devalues currency. Same with gold if we get an asteroid with enough gold to give to everyone every three months it makes gold worth less and less as a currency.

I don't have an issue with people using their currency to buy whatever they want. But Monetos only good use is to buy illegal stuff now. It devalues everytime there's an issuance of coins.

Also Bitcoin has privacy it all depends on the persons OPSEC. You can't tell me who's coin is whose just by seeing the blockchain. You cant tell me who's who on the lightning network. Same principles on liquid etc. I care about privacy that's why I support grapheneOS, QubesOS, TailsOS, I2P, etc. I also support expansion of protocols like Nostr and using more decentralized options.

Making the blockchain clear for people to audit the supply is important to make sure everyone is playing by the rules. If not it can cause bad issues for the future. Monetos obscurity makes it harder to audit, but good for hiding. But who's to say someone isn't duping transactions while making the supply look the same.

Reply to this note

Please Login to reply.

Discussion

Well, sorry to read you are being fooled.

Just as info, graphene is an awful choice. Likely in some years will finally be obvious that forcing people into using Google hardware was an intentional bad decision. Even last week they were happily promoting the usage of Tor, which a few days later was exposed as government controlled and monitored.

The moment you use your wallet, the monitoring starts and they know your balance too. Nobody realistically uses that fedcoin for payments due to high commissions, they use lightning which is basically a different currency altogether with lack of privacy too: https://bitcoinmagazine.com/technical/state-of-bitcoin-lightning-network-privacy

So you might as well just use proper technology from the start.

GrapheneOS isn't tied specifically to Pixels. They're working with other manufacturers. You can ask nostr:nprofile1qqstnr0dfn4w5grepk7t8sc5qp5jqzwnf3lejf7zs6p44xdhfqd9cgsppemhxue69uhkummn9ekx7mp0qywhwumn8ghj7mn0wd68ytnzd96xxmmfdejhytnnda3kjctv9ulj6hdh for more details on it.

Also tor and the internet was made by DARPA, regardless its still protocols that we use and must work on supporting and defending them.

Also no one knows which wallet is mine. Also Bitcoin is still being used for P2P transactions. Lightning helps support the network for micro payments.

Can you tell me how much I just paid on lightning and to who? If you can't then my point is proven. Nothing is fully private, but it can be more difficult to identify whose who. Lightning makes it near impossible for someone to guess who is who.

They are fooling you with vague promises. Tor wasn't made by DARPA, it was made specifically for usage by intelligence units and to this day most of the servers are under their control. They make sure that VPN remains monitored. Here is a case from yesterday: https://forum.torproject.org/t/tor-relays-jailed-u-s-tor-operator-persecuted-by-fbi-after-refusing-decrypt-requests/20576

> "Can you tell me how much I just paid on lightning and to who?"

I'm not the government nor have interest in tracking you. That point is moot because normal people don't have the same budget nor the same interest as governments. It is the same thing as claiming that your phone number is private because I can't readily tell to whom it belongs.

Has anyone ever explained you this, or is it the first time?

I've been having a conversation but you seem too well informed on the topic, it becomes very strange that you're not aware of the importance for privacy and still insist on awfully insecure options.

Therefore I'll just remove myself from the conversation.

Close, Onion routing research was by the Naval Research Lab. The NSA also made Linux's mandatory access control modules, and Ghidra (fantastic). And yes, we're making an own device.

The person you're replying to places themselves in a fantasy world where everyone became idiots except a super hacker intel agency pulling the strings. Notice the gymnastics into conclusions. They take me posting a beta app (tech news) as an endorsement. The reach!

You can see replies get ignored any time I or someone else shows replies to them (btw, we posted ages ago Tor isn't a great solution people are over-reliant towards and they ignored that too).

https://xcancel.com/GrapheneOS/status/1945623621457600929

Please feel free to tell your friends to find any Pixel vulnerabilities then show everyone. I encourage it! Every hacker in the world can't be covering these supposed gaping security holes up (like every space agency in the globe has covered up the Earth being flat, lmao). You can make money finding this stuff, it's called vulnerability research, we get paid bounties for it when we find them on Android and Pixels.

Also FYI, that Tor forum link is an exploitative call to appeal by some individual who seeks attention online. They spun a trivial legal case to be about something else for attention. They posted on Tor Reddit (on my page) too. Google that OPs Reddit user with speech marks... They have a pretty messy online footprint. HN caught on quickly about how suspicious this is but obviously Redditors kinda don't know how to read.

I posted some of their legal documents. Their legal case is ACTUALLY about violating their bond when he was charged for hacking a company. He shouldn't have been operating Tor nodes past the incident because the terms stated he shouldn't have been using computers not authorised by his parole officer. You have to be a real dumbass to do that...

Obviously, they were monitored because he was on bond for a cyber crime. Nothing to do with Tor at all, it's a person making a sob story because they failed to game the feds.

The biased narrator of the story (his wife) never posted evidence of the excuses on why the bond was violated beyond words once questioned, even in the Tor thread.

Not read into the lightning talk. I'm not a maxi.

I greatly appreciate your reply and helping me educate myself better. I am used to TOR because that's what I've used most. But have been running I2P as of late. GrapheneOS is my main and I try my best to find any issues on it so I can help support not just monetarily but also some elbow grease to keep it going as a community project.

Do you have any alternatives to TOR or I2P that you recommend to research?

Don't worry about the lightning part. It was just for them. 😅

Keep being amazing and I appreciate all the work you do at Graphene. ⚡🤝

I like I2P, there's the official app, a lot of people I know seem to use InviZible though on Android.

Other alternatives to them are small and far between. There is Lokinet but it's tied to some other cryptocurrency for some reason. Any network where you participate in will obviously have participant nodes who are operated with a malicious intent. Splitting connections apart like onion routing does and encryption is the best you can do. It's also more susceptible to this problem the less participants there are.

I appreciate you sharing that with me! I'm going to look into using invisible now. I've seen the lokinet and was turned off by the cryptocurrency part.

Well I'll do my best to teach others on how to use TOR and how to support it by running nodes and using it more as their net.

This is just tin foil hat stuff Man.

Graphene is better than Android, Tor provides reasonably good privacy as far as we can know and you can have strong privacy on lightning if you know what you're doing

It is a poisoned gift. Does it really matter to put more defense on the entrance when the back door is wide open?

The moment you use tainted hardware with a specific operating system then you're immediately a target interesting enough to be targeted. My own preference is to blend in the noise.

Tor should NEVER be used nor endorsed by anyone serious about privacy. It was a dirty project from the beginning, the NSA leaks provided solid evidence and the shills around here just talk and pretend those docs never happened.

A couple of things here

One is that you and other miners are also "devaluing" Bitcoin every 10 minutes.

If you are actually serious about the prospect you would demand a hardfork to eliminate any supply increase.

Second is that "21 million only"is just a meme, it's not good monetary policy.

A simple look at the history of gold value shows that a hard cap is not necessary for good money.

They're extremely good reasons to NOT have a permanently deflationary economy.

Not to mention that Bitcoin foists paying for network security off on people who actually transact with it, Incentivizing hodling (hoarding). A Game Theory consequence which is already obvious today.

And Monero Supply is not infinite. It's guaranteed by mathematics just like Bitcoin is. You don't know how it's works and that's fine, But maybe just dial it back.

The Bitcoin supply is fixed and predictable. So we don't have to worry about inflation or it getting out if hand because of the hard-cap. Bitcoin has Satoshi's as it's smallest denomination and its becoming the standard for everyday transactions. If we calculate how many satoshis are there in the 21 million supply it would be 2.1 Quadrillion sats. More than enough for people to use Bitcoin as a everyday currency. Having no supply cap makes it inflationary just like fiat. (Unless fees are burnt in moneto reducing how much moneto there is compared to issuance) also moneto supply isn't fixed there's a tail emission that increases its supply, therefore adding inflation reducing its value.

So Bitcoin is being spent and fees are getting paid. If people slowly stop mining that's where the difficulty adjustment kicks in and helps provide an extra layer of security for those people that want to still secure the network. There will always be people mining Bitcoin for the freedom it provides.

Also try to tell me where I am wrong in this. I have deep knowledge on this topic and I love friendly debates on these things.