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Jdwagner17
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Call me 877-SATS-NOW | jdwagner17@nostrplebs.com

Would money privacy matter in a world where you would be punished severely and without exception for even attempting to take advantage of another person?

Think of places where stealing is stealing. Whether it be a persons life savings or simply an apple, your hand is cut off.

A court rules that your advertising or contracts were likely crafted to create confusion and get people into different agreements than they reasonably believed (non transparent and fine print type stuff), so your fingers are cut off.

A person of honor will not ask you to give unless it is determined to be an absolute need, AFTER careful consideration of the effect on your well-being.

It would never be in any way stemming from selfishness or manipulation, but from ethical principles.

It’s not just the nodes I question, but the transactions. Putting enough transactions in from a bad actor can help identify other transactions. I’m not super up to speed on how they make their mining templates either.

I probably should have said that it can not easily remain decentralized. I believe because of the flexible block size in monero, it doesn’t provide good incentives for miners. If it was used a lot, I think the blockchain size could grow very rapidly. Ultimately I don’t think the rewards to those running the infrastructure are good enough. Bitcoin pays more when demand is high, monero pays less by allowing the block size to grow. But I’m not comparing the two. I am concerned that monero isn’t achieving what it intends to achieve, privacy.

When I have synced monero nodes in the past, it didn’t work to my satisfaction. Call that an opinion.

Since Bitcoin and monero are trying to achieve different things, this is a bigger problem for monero than bitcoin. Even on the home page of the link you shared shows this message

Bitcoin isn’t trying to hide, it’s trying to be unstoppable. I’m not trying to put down monero.

Its current stock to flow is lower, but the intention of monero is to be a currency rather than a store of value. That’s fine.

I would suggest running a node, I have. I think it’s best to see for oneself.

There are many things to be aware of to use the privacy to its max. I think it’s pretty good as is.

Monero will have more changes and thus risk. It’s a small group of people. The small network lets bad actors run nodes and could be compromising the privacy. Kind of like how the tor network can be compromised.

I think the breaking monero series is great from some of the monero guys.

I think the best argument against XMR is that its network is small and the privacy is questionable. XMR is a great idea and would be very useful in some cases, but is it truly achieving what it intends? It is currently also not the easiest when coming to running a node, so not super decentralized. The unlimited supply would also mean that you can’t leave your monero in monero for too long.