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shortwavesurfer2009
465eb13404d7219cd91c2b4a8a7e308ad4e09bc1298dc08c5eec852e9bf5da09
#Monero using #libertarian who loves computer networking, distributed systems, privacy tech, and testing beta software. I may not be a pro, but I can file a mean bug report. Donate Monero (XMR): https://kuno.anne.media/fundraiser/zzn3/ Annual Expenses: 59 XMR 42WimCbGoy5SVZfkr5YdwtAg9jvpxFfNXfBjM2CJAUZC9JNAKZ34hF6a35HJNXWyw1ctxhSKp4MjfgR3uT8Eneq4GCwtqTs https://smp15.simplex.im/a#P99yLk0Wm9o1qks_M4uuf5cTqz8mua9QhyaByz2gIR8

I have two answers to this. The first answer is that it already has changed the world because now people see that digital property can exist and that you can send money around the world at the speed of light in seconds and it settles quickly and is irreversible.

My other answer is never because it does not have good privacy and good privacy is absolutely a requirement for money.

I absolutely love this. I don't think it will work primarily because of the speed of hidden services. Even though it's better, it's still not great since you have to go through six hops to maintain the proper privacy. But otherwise, I absolutely love this idea and think it's totally worth pursuing.

you can issue a command to your node on cli to do this. I believe it checks the coinbase transactions, but I'm not absolutely sure.

I don't see why not. after all, XMRBazaar has or will have an onion and they are a legal only market.

Yep, up until they get their house raided over something. And then it's not such a hot deal anymore, I bet.

It is changing the unit of account between you and the business, but it is not changing the unit of account between the business and the supplier. You as an individual, though, get to denominate prices in Monero and save in Monero if you wish.

Right, but to do that, we're going to need manufacturers and farmers and miners, etc. We need actual resources to be denominated in Monero as they are pulled out of the ground or roll out the factory door, etc. But in order to even get companies like that interested, I think we need to get the price of Monero to stabilize. And what I am doing is attempting to help at least that little bit.

You have to buy the goods you're selling in Monero for something, whether it's dollars or sheep or gold or silver or whatever, you have to buy it with something in order to put it into the Monero economy. You're not just being given the items for free.

Super excited for #MoneroTopia 2024!

Oh, it's a million times better. Before, they were just able to flood the network with as much denial of service traffic as they wanted to. And now, their computers actually have to work in order to do so. Don't get me wrong, there are still attacks, but they are much less than they used to be.

I use Monero frequently enough that I am beginning to commonly recognize how much things should cost directly in Monero was very little thought. I guess this feeling would be similar to something experienced by a frequent traveler between two countries that uses both currencies because I can do the conversion in my head fairly quickly and be pretty close to accurate.

Not enough block space for everybody to transact on the main chain. And so fees would go through the stratosphere. And no, lightning is not a solution to this, as most people would just be using custodial lightning. And that's bullshit.

Because most people hold their coins on Coinbase, etc. But if they actually owned their own coins, fees on the main chain would be stupid high.