Xmr is halal. What about btc?
Reminder: In 2022 all cryptocurrencies took a hit in value, but XMR outperformed BTC by nearly 100%. This means that if you held an equal amount of bitcoin and xmr at the beginning of 2022, your xmr doubled in value while your bitcoin stayed still (if we ignore the almighty dollar). I don't chase lines myself, but if you were a line chaser, xmr's lines are projecting a stronger future
I think there is (I've seen a few deleted events), but it probably depends on the clients and servers to implement the feature.
Yeah ordinals seem like a bad idea
Bitcoin sticker on a trashcan might send a message you didn't intend to send 🤣
Bitcoin art is just gonna result in longer transaction times and a bloated chain.
Basically, I won't vote **against** anyone because that results in accepting/endorsing douchebaggery
I vote if there is a candidate I like, not when just picking between shit and piss
It would be more likely if the image wasn't only one of criminality. There are valid reasons to prefer privacy, and it should be opt out rather than opt in.
Decent privacy for the spender, still bad for the receiver.
https://github.com/lnbook/lnbook/blob/develop/16_security_privacy_ln.asciidoc#attacks-on-lightning
"Decentralized"
> However, in June 2020, researchers noted that the single most central node observed close to 50% of all LN payments, while the four most central nodes observed an average of 72% payments.
Many such cases.
agree with you in principle. I just think in reality we have to acknowledge that chain analysis exists and is used to freeze accounts.
> "Today, money laundering was detected and stolen funds linked to North Korea were frozen, in real-time. As an industry we have the power and responsibility to prevent digital assets from becoming a haven for money launderers and sanctions evaders, and ensure that they are a force for good," Elliptic CEO Simone Maini said in a Tuesday post.
In this case it's big bad north Korea, but the same tech can be used against any target.
"traceability" is built into bitcoin. It requires effort with physical assets. With current technology that effort requirement is too great for it to be useful with monero.
I think maybe the breakdown is between what happens in reality vs what the code says. In the code yes a sat is a sat, and generally this is how most people look at it. However in reality chain analysis makes it a lot easier to follow sats than physical dollars in spite of the literal serial number printed on them which if used would make the dollar not fungible.
It is possibble to "wash" your sats so to speak, but this activity is also visible (it just detaches you from that activity [hopefully]). Laundering money is also something that can get you in a bit of trouble if you become interesting to government. While I'm not saying we should follow laws just for the sake of following laws, I do think maintaining a certain level of plausible deniability is important, especially if you think that your activities might be interesting to the state for one reason or another (taxes, illegal activity, whatever).
Hardly. I never said I won't do things the gubment doesn't like, I just think why paint a target on your back for when they decide something you are doing is no longer acceptable. With XMR, even if they ban it they will have a hell of a time tracking everyone down using it. There is a bill going through our government right now to try and define everyone who maintains custody of their own keys as a financial institution who would be held to KYC laws and the like. Does that mean if they push it through and it becomes law, I am going to suddenly start asking for drivers licenses from people I transact with? Not likely, but why even make it possible for someone to know I transacted in the first place?