> The core problem being addressed here is the need for hard money as an alternative to the arbitrary inflation imposed by central banks.

This was the core issue that was addressed by Satoshi, evidenced by numerous posts of his.

Bitcoin has coinjoin, lighting, minibits for cash-like privacy. It also has global adoption, deep liquidity, and actual use. Monero is private for sure... But so is a secret nobody gives a shit about

Take this point to a Monero discussion, and hit a wall.....

That is the problem if you take that privacy matter to an extreme and make it your biggest selling point...

I have tried so many times but gave up.

Even the most basic discussion "you can't properly use absolute private money in current government regulated markets" without adding features that effectively make it resemble bitcoin 😇, is not possible.

Ok, have fun with your prefered solution and find out 🤷‍♂️

I might have to go check this monero thing out. I always see it and cashu apps on my node, but never paid much attention to em. This week I will learn a little somthing.

What are some of the downsides of monero?

We are the modern day Ben Franklins.

#Agorism #Libertarian #Antistate #BreakTheState #1A #2A #Bitcoin #Monero

Hello Nostr, who wants a Pubky invite code?

Well, this is all 100% true. Us Monero dudes often say "this is a known issue and we are taught never to re use subaddresses" and while that's true, they're deterministically generated from our private key and so cannot be deleted, and it is taken for granted that we will reuse them so much that it is encoded in our UX for basically every client. Still, I would say that as a privacy shortcoming, this is the least detrimental one to have, but youre right, that doesnt mean it doesnt need a solution.

You might find this interesting, in MW, transactions are sent side channel and must be signed by both parties. This works like an ephemeral record of who is paid, all the sender has is an email address or something that they do not have to keep indefinitely, like option A above. The signatures are schnorr signatures and so what gets written to the chain is a combined signature that nobody but the parties to it can tell they were parties to it. And, ultimately the only thing that is needed for consensus is the UTXO set, so once the recipient spends the output it is no longer kept as a record, in contrast to literally all other blockchain protocols. The shortcoming with it is that this deleting of old transactions cannot be forced on all nodes, so while those transactions are not needed for consensus, a node choosing to keep them anyway can probabilistically put together a graph of counterparties from them over time. This is actual tracing by third parties and so the trade off here is not worth it privacy wise.

Ah, so you do see the fascism — you just think it’s too weak to matter, so we should let it grow in peace while we watch Palestine burn?

You can care about both — unless you’re just using Gaza as a shield for your tolerance of Nazis.

You don’t sound like someone who hates fascism.

You sound like someone trying to manage its PR.

> automatic custodial exchange are a thing, no user initiated withdrawal may have been necessary

It would have been necessary whenever the amount he deposited into the second exchange differed significantly from the amount he deposited into the swap service. I grant that the first time he did it, it's plausible that he did not withdraw the money; the amount he swapped was identical to the amount he deposited at the second exchange, so perhaps he just entered the second exchange's address as the recipient for his swap.

But if that is what he did, he clearly wisened up, because in the other three cases, he made the amounts vary a bit: once he sent a bit extra to the second exchange, the other times he sent a bit less. Indicating that he withdrew the money to a separate wallet first. So in all cases except possibly the first one, a user initiated withdrawal *was* necessary.

> whether there was an intermediate wallet or not, they nowhere claim to have visibility into any "withdrawal."

They mention the exact XMR amounts he received via the swap. That is insight into the withdrawal that they should not have had.

> it is not mentioned at all

Here it is:

Question: how did they know exactly how much he received via the swap? It wasn't the same amount he deposited into the second exchange. So they must have gotten that info from somewhere else. I think the first exchange *told* them how much money he received via the swap. Which means they got data they shouldn't have.

> nobody contests there was timing analysis done, but seeing Bitcoin go in and Monero come out isn't "tracing monero."

Seeing bitcoin go in is clearly tracing bitcoin. Seeing monero come out is clearly tracing monero.

> there is no "monero tracing" when their only monero data point is seeing coins arrive on the CEX

That's not the only data point. They saw the amount and time of two different monero transactions: the withdrawal from exchange A and the deposit to exchange B. That's not one data point, it's two.

> and if you dont like the word "apprehend", we'll use your word "find".

nowhere do they claim they "found" him by "tracing monero" (as they dont claim to trace monero at all).

They found him to be the launderer by means of this trace. The term used is the correct one. But if I change "they found the admin of Incognito Market by tracing his monero" to "they traced the monero of the admin of Incognito Market in order to identify him as a money launderer" will that be an improvement in your eyes?

'Tilting at windmills?’ Mate, whiteaustralia.org literally exists.

They’re hosting paramilitary training weekends called ‘Summer Nationals’ under banners like ‘Blood and Honour’ — a slogan used by the Hitler Youth and banned in several countries as a neo-Nazi terrorist organization.

They’ve got an explicit racial mission statement calling for the preservation of a ‘White Australia’ and demonizing anyone ‘brown’ as an ‘enemy.’

They publish content glorifying British colonial genocide and push a narrative that this land should only belong to white Europeans.

They’re recruiting in public, hosting YouTube and Telegram propaganda, and posing like it’s a sports club — only it’s fascist ideology in a polo shirt.

So nah, it’s not ‘delusional.’

It’s called paying attention.

You’re not clever. You’re not ironic.

You’re just too gutless or too gullible to admit what’s festering right in front of you.

If you still think it’s all windmills,

you’re the donkey braying at the gallows.

Yeah, a joke—just like Auschwitz, right?

There’s literally a full-blown white nationalist website recruiting from your comfy timeline and you're too busy cosplaying centrist philosopher to notice.

Nazis don’t need jackboots anymore — they’ve got apologists like you dismissing their presence as ‘just political disagreement.’

If you can’t tell the difference between disagreement and genocidal ideology, maybe sit this one out before you become part of the camouflage.

Thanks for the info. Premines and PoS are both huge red flags.

Thanks for the info. Premines and PoS are both huge red flags.

#Zano better than #monero?

Judge: "why did I choose Lightning?"

> save fees

Judge: "why did I choose Monero?"

> because I wanted to maximize self-custody while maintaining my privacy and sovereignty

Is Haveno an active app?

I gave my node info to connect my node but it didn't seem to work still.

#monero #asknostr

Do you know what Monero enjoyers never pick on? A book on Austrian Economics.

Is there any active community on Nostr besides bitcoiners?