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YunusAtSea⚡️🌊
ce24a8a16368cf09785bc721f2b53cceded479db431d98f2fff58db2bba99d03
Just a pleb on a never ending journey of education and discovery. I love to tinker and try new things. The ocean waves are my second home, this tragically means I keep losing my sats in boating accidents... 🌊🛥🤷🏻‍♂️ GNULinux/FOSS/FOSH enthusiast, BTC maxi, XMR curious, Nostr Maxi.

Good 😅 had to check... too many people out there building hollow "brands" these days

Thank you for explaining your opinion.

I agree that most individuals will likely never interact with the main chain. Lower-cost more UX friendly lightning services will evolve for most people.

I still don't fully understand the fedimint thing even after listening to a few podcasts. It sounds too localised of a solution to work in our current societal paradigm imo, but i'm probably missing something. Can you recommend any good resourced to learn about the fedimint system?

Up front confession: I haven't mined yet so I hope someone more qualified can step in to answer this question/correct me if i'm wrong.

But as far as I'm aware you cant run a node on an ASIC. You either need to run a seperate node or get an integrated miner with the node and ASIC in the same package. Nodes and miners ultimately perform different functions.

#privacy #switchtolinux #grownostr

nostr:npub1heysg4r5mq354k7n3hlk0wae4c4x6p5kh7qfu38fe5f24s82vvvqxymce6 it's reasonable for anyone to stop discourse with an individual who is ill informed and spreads false information wether wilfully or negligently.

You've cited FUD about BTC that has already been extensively disproven and you've shared a five year old article which contains outdated and irrelevant information. I am happy to continue discourse if you're happy to do better research. You clearly have no interest in truth, only your opinions.

I'm not convinced that there is a future for Monero due to it's vulnerabilities (which you can look into if you have any sincerity) but who knows... in a free market economy there can be more than one money. 🤷🏻‍♂️

Surely you know that's a disingenuous response? If not, then allow me to explain: BTC has inflation built in with the halving mechanism which will end in 2130ish (i forget the date right now but you know the drill) so an ultimate supply of 21 000 000 never more, at that point inflation will cease.

As of June 2022, Monero has a block reward of 0.6 and that is now set indefinitely, forever. That is continual inflation. Though you could make the argument that as more Monero is in circulation the effect of adding 0.6 will have less effect over time but anyway it's eternal inflation.

I'm not anti-monero btw, I find it interesting but i wouldn't hodl it. It's the only other crypto i have any interest in at all.

What about the newcomers? Throw them to the wolves? Increase the barrier to entry?

And what about third world economies having to pay a weeks wage to open lightning channels?

Not being snarky, genuinely curious to your thoughts on these issues.

Monero literally has an inflation mechanism built into it's protocol.

Thanks for sharing! It's important to be aware of 👌🏼