Subnostr

paranoia machinery

0326b57e042e0892839adc73784689d485bffd285a1dccfe9c5adada479a1d4c

the world I am from no longer exists https://linksta.cc/@outlaw_crypto Xmr: 833YFwmVVX18RFaGqyGsm8Qs3M1HP3mZuJmsfij1yqqS1Hjmupow7XEKxFNizJbW1bia9wEH9mH7t9pobSF4q4M8NYPtWwT

Been hesitant to discuss XMR here but going by the positive reaction to this note, I will say I believe Bitcoin and Monero serve different and equally vital purposes for the future of sound money.

Before explaining my thoughts on this, I give the proviso that if Lightning or some future we'll adopted Bitcoin L2 emerges with the same level of focus on privacy, this sentiment may be null and void.

Might write a full post on this but the TL;DR is: Bitcoin will replace your bank account, Monero will replace physical cash - at least, that's my view.

No CEO, no VCs, no government cooperation, no CBDCs, no tokens, no NFTs, no bullshit.

Both are genuinely decentralised and self-sovereign forms of sound money backed by a strong community of genuine believers. Both are an existential threat to the monopoly held by the state and banks over the supply and policies of worthless fiat.

Both already have a circular economy. Anyone who has ordered "meds" on the darknet in the past few years knows that most DNMs and vendors only accept XMR. You may not approve of such things personally, but as a bitcoiner I suspect you will agree that separating money from the state is a vital endeavour, and an obvious result of doing so is that individuals will further decide not to follow other arbitrary state restrictions on personal freedoms.

LN is infinitely more convenient especially for irl transactions. But transactions carried out in cash today, despite the inconvenience it is to use in modern society, transactions where both parties go out of their way to ensure privacy, this is where Monero will be used in place of cash when the state transitions to a CBDC only "cashless society."

This is reflected in the market right now. Blood on the streets today but XMR is performing almost as well as BTC.

Stack sats first and foremost. That goes without saying. But I do also believe XMR serves a real need and it's simple fact it has a circular economy, a strong community, it scares the state because it hampers surveillance and isn't corrupted by state and corporate interests like Ethereum, Algorand, Ripple, and the other WEFchains.

(Lol this was meant to be a tldr, why do I even say that when I know I'm on Adderall 🤣)

Anyway, willing to write a blog post on this all if it's of interest to anyone.

nostr:nevent1qqsvl9grrw6pvnk0nmexlmy8kdahercnldaxt7vsq89myu63nhtjftgpzamhxue69uhkummnw3ezuumfv3hxcctzwvhxumqzyrc0lpl80946sm7gfdyq0vj6thhzqmtjf3hkr25g2wt45ww7aml4sqcyqqqqqqgjdpvg9

paranoia machinery 2y ago

I don't think btc is going to make it. Privacy is non negotiable in a surveillance panopticon.

All shitcoiners will eventually fail.

paranoia machinery 2y ago

shitcoins are not going anywhere, and they are part of the free market

paranoia machinery 2y ago

CZ is being fucked with. FTX was on baseball umpires uniforms ushering joes sixpack into bankruptcy through "a regulated" crypto exchange. CZ did nothing wrong. SBF did. Fuck Gensler for letting him get away with it while trying to shake down CZ

https://twitter.com/genrare/status/1665908422833741826

paranoia machinery 2y ago

what's nostr's thoughts on AI? personally I think it's being cucked, and relying on it will handicap you. Outsourcing critical thinking won't end well

The Rabbit Hole

This is an immersion-cooled #bitcoin #mining facility in Norcross, Georgia powered by #nuclear and #solar energy. Computers are submerged in a liquid of synthetic hydrocarbons with no electrical conductivity. This increases cooling and #energy #efficiency.

https://nostr.build/av/7bf2d7e2ef63740160fa50ce155f6214e4c898aa76230da8c10176c7b2916d2a.mp4

paranoia machinery 2y ago

thought it was rivers of cannabis oil or wax

paranoia machinery 2y ago

If Bitcoin is such a threat to the bankers, why are they only banning Monero in the EU, and not also banning Bitcoin?

#cryharder

paranoia machinery 2y ago

No, due to its lack of fungibility, tainted transaction history, billion dollar chain surveillance industry and weak privacy by coinjoin, bitcoin is most definitely not for criminals.

paranoia machinery 2y ago

I don't know who needs to hear this but the liquid sidechain is garbage

Daughter turns 2 today. Fiat-mining sucks, but she makes me smile and to think it’s been 2 years now is wild.

Grateful for her, my wife, and our little family. Praying and hopeful to have a brother/sister join her eventually.

Here’s a couple from our recent morel mushroom hunting trip

paranoia machinery 2y ago

Happy bday to your daughter, my son turned six today!

You mean this wasn't the vision they had?

https://nostr.build/av/ae2a79fd4bd703dc86133677a83caed485df131e3fdb0af5fa175d7ecfccf5a3.mp4

paranoia machinery 2y ago

😄 somehow i don't think that is what satoshi had in mind

paranoia machinery 2y ago

The bitcoin miami conference has demonstrated to the wprld just how compromised bitcoin has become and just how far it has strayed feom its cypherpunk design

paranoia machinery 2y ago

Bitcoin cult

You're focused on the border and gender while they roll out #DigitalIdentity, the master key required to control all movement, energy, consumption, and speech.

paranoia machinery 2y ago

A lot of the people on here cheerlead for digital id. They still technology is created to help mankind rather than enslave it

Alaskan Pollock here, but I do like a salmon fish taco and, shelfish….

paranoia machinery 2y ago

I want to make some those look good af

#Foodstr nostr:note1jh4e56sj40vttwf8fn99uawpjz6vesskn8xtrlmmqxxa6m64twdsvj04yx

paranoia machinery 2y ago

What kind of fish did you use?

paranoia machinery 2y ago

Comments?

Says the person swiping his visa.

paranoia machinery 2y ago

I use monero, tbh

It's not vaporware. We use it all day long. Just because it's not popular doesn't mean it doesn't exist. It's a marketing problem. Many, many Bitcoiners haven't heard of Lightning. It's wild.

paranoia machinery 2y ago

With the onchain limitation of transactional throughput, it would take almost 100 years for everyone to onboard to lightning and open 1 channel. lightning also has incentives that trend towards centralization. I am literally in the 1% of bitcoiners who runs their own node and uses lightning in a self sovereign way. People just use a differnt coin rather than using lightning because the tech learning curve and because managing channels and liquidity is a massive pain in the ass. no normie will ever do it. Add this to the fact that lightning right now is being handicapped by high onchain fees and we have a solution that was sold as a miracle and performs as a turd

Ordinals seem like a self correcting problem.

paranoia machinery 2y ago

guess you haven't seen what they are doing with BRC-20 tokens?

Lightning and Zaps are the future, no matter what is talked about on the other bird app. We know this because we have first hand experience building a value for value based economy.

paranoia machinery 2y ago

lightning is currently failing in the exact situation it was created for. in 2017-18 when jihan wu and roger ver were spam attacking bitcoin and the fees went through the roof making bitcoin unusable for 90% of people, everyone said that segwit and lightning would ensure it never happened again, yet here we are and lightning is suffering from the same high fees it is supposed to circumvent and overcome. Lightning is vaporware and bitcoiners have been sold a lie

Load More