Avatar
LogicallyMinded
83d302b5c25ed43e5b75532fa6a6bda21c4b63e9f516826798f516fc4159b9c7
Crypto trader. Independent thinker diligently working to move the Overton window closer to the truth. Advocate for decentralized governance models and freedom tech. Banned from Twitter for denouncing the vax pass. Don’t follow if you can’t handle the truth! XMR: 88RzWHVvdifJHwf1nsfVBrLYm8D5hFUcWHMtPK8F3TkzLLe2rqHkfNAUBQ2dSU1tTQenfSoXtqnxSMNiCaMekZ6wUMWtgnB

By the same token, a #crypto with the same hard #money properties but that has less adoption as a medium of exchange will become a less effective store of value over time against it.

#SoV #MoE #blockchain

If high fees is a feature of #Bitcoin then you are correct. I’m not sure that’s one most people desire.

A #crypto with a fair distribution and sound emission schedule that is adopted as a medium of exchange will automatically become a store of value.

Do you agree?

#blockchain #SoV

But to be honest #Bitcoin has had long periods of time with a degraded experience (blotted #blockchain, high fees). So SLA isn’t 99.9%.

Whether #chainanalysis #surveillance software work or not, I can’t understand how they can be used as evidence in a court of law if the method by which they come to their conclusions isn’t made public. #blockchain #crypto nostr:note1vjfr7w25a0de6df8d2s2nwcyq0ll5sdnnk38z58x5xefk8fwalms7th2n0

With mandatory #KYC for off-ramping #crypto to fiat, the new crypto mantra will be: « whichever amount of fiat floods to crypto doesn’t flee crypto »

Replying to Avatar MoneroTalk

Has Bitmain created a RandomX Monero ASIC? w/ Howard Chu- A MONERO TALK EPI #280

"From a power efficiency perspective they actually lose out to Computing Hardware you can buy off the shelf but from a convenience perspective … having a whole bunch of those things in one case that you don't have to administer as several different computers, there is an advantage there.

https://nostr.build/av/a927e21a02d5e8dc32bccdf1473142f504ecc78ed6501500a1a47ae8b4db58ca.mp4

Watch 👀 the full Epi :

https://youtu.be/T9BFnn2-TDM?si=biax_3S32EXdRCza

Subscribe to Link in bio 😎🥸

Make sure to subscribe there: https://www.youtube.com/c/monerotalk to get 🚨notified of when the episode is up!

📺 on YouTube.com/c/monerotalk

📺 on https://odysee.com/@MoneroTalk:8

🎧 to Podcast: monerotalk.live

Special thanks to our sponsors @cakewallet Stealth.io

.

.

.

.

#privacycoin #tech #xmr #freedom #xmrnews #news #crypto #lbry #privacy #cryptonews #decentralized #monero #technology #technologynews #moneronews #monero #bitcoin #btc #mining #encryptionwetrust #monerooutreach #cakewallet #cash #digitalcash

Great interview! It seems that the biggest risk isn’t so much to see an increase in mining farms but rather to see #Bitmain earning a sizable chunk of the hashing power. As Howard said, the dedicated miners for sale would probably be obsolete and it may make more sense for professional miners to buy newer CPUs. However, the ones Bitmain runs may be competitive against recent general purpose CPUs hence, the question I’d like to understand better is which percentage of the #Monero network could Bitmain own while keeping their mining operations economically viable. Is there even a upper limit to this percentage and if so, what are the factors capping this limit?

It’s only a matter of time until off-ramping #crypto to fiat will be forbidden for non #KYC addresses. Hence, merchant adoption and usability for payments will be two criteria that will become increasingly more important in determining the value of a given crypto. #Bitcoin #BTC https://odysee.com/@TraderUniversity:a/bitcoin-attack-%28kyc-mining-pools%29:0

Has anyone any prediction on the potential impacts on the #Monero network by the release of a #Bitmain dedicated miner? #XMR https://odysee.com/@MoneroTalk:8/has-bitmain-created-a-randomx-monero:3

The case on why you can’t have #freedom without #privacy.

#liberty #monero

https://odysee.com/@TheGreaterReset:4/Glenn-Meder:4

I didn’t know npub could be blocked at the client level. Has this type of blocking anything to do with being block at the relay level? Or is it more similar as being blocked on #Twitter?

In the context of free speech, if you fear repercussions either financial, physical or social to your person from expressing yourself freely then, you’d likely self-censor either consciously or unconsciously. Privacy removes the ability for anyone to punish a person from which they don’t like the speech. Free speech is essential (although not sufficient) for a democracy to be functional because it is a medium by which people can come to a collective understanding of a given situation (collective != uniform). If you value #democracy as a model to organize society and think it is the best at guaranteeing people’s freedoms then you must support #freespeech along with #privacy.

If npub 1 is banned from #relay 1 but not from relay 2 and npub 2 is connected to relay 1 and 2, would npub 2 be able to see all npub 1 messages? #asknostr

I think you answered your own question. Another way to formulate it would be: Why would #Bitcoin holders choose to lock their #BTC on the #lightning network as opposed to keep them in cold storage or wrap them on #EVM chains for yields? I haven’t looked into this in-depth but I suspect that the value proposition isn’t attractive enough.

#Twitter #X algos have become so bad that you can’t even understand why a given topic is trending based on the content shown for this topic. Most of the time it seems to show a bunch of randomly selected low quality tweets loosely related to the trending topic. #Nostr

They haven’t recognized their lies and they won’t stop lying… #CovidVaccine #Covid #Covid19 https://t.me/westcoast_intel/39088

Two trends that are underway and could lead to mandatory #KYC for #Bitcoin:

- Mandatory reporting of #crypto transactions by brokers

- Government overreach towards #OpenSource developers

The former could qualify self-custodian wallets as brokers, the latter could punish and scare off developers from non-compliance with those regulations.

Is this FUD?

#BTC #FOSS

https://bitcoinmagazine.com/markets/us-treasury-and-irs-propose-regulations-on-bitcoin-crypto-transactions-by-brokers