It’s a fun game, maybe as deep as chess, you should get into it
What I said:
What YNS says I said:
c'mon man. learn to be charitable. of course I don't think that and a conversation about this is completely pointless for the reasons I already said. let's learn to walk away and stop having the same boring dumb conversations on this forum.
I might someday. I fucking love card handling and shit and card mechanics fascinate me. I would prefer learning about the cheating and not the actual game I think lmao
I mean it’s literally one of the main reasons for wanting digital privacy because government agencies are literally doing anything they can to track and control your data. Monero accomplishes one aspect of digital privacy which is the ability to electronically send financial transactions anonymously
I think you can understand the value in that to at least some people
Not a sarcastic question: what is an example of a non-anonymous transaction being monitored by the government that resulted in a significant negative consequence?
I can’t think of one of the top of my head but considering the US governments track record of repression of marginalized or political groups you can probably think of a situation where it would happen. Or the cases of donating via PayPal to both left wing and right wing groups resulting in your PayPal account being banned, or using your bank account for depositing and withdrawing from gambling websites and getting your bank account frozen, Plenty of shit happens in the banking world that you don’t hear about
Significant donations to organizations like Wikileaks, pro-Palestinian groups, shit like that would likely result in increased scrutiny
I can think of an example of wanting to send money to family members in Russia or a country under sanctions and being unable to do so because of current banking laws etc
I guess when it comes to the financial transaction privacy, it feels like throwing the baby out with the bath water to me. Those consequences could be remedied with legislation without throwing out fiat government currency that I find extremely important and beneficial to our world. I know we won't ever agree about this last part, so no point in trying to square that point.
Or maybe you don’t want to pay taxes or you want to buy drugs online, who am I to judge what you do with your money
I’m not like a true believer at all and I highly doubt monero is going to replace the world currencies to become a global currency or some shit, I think the value comes from what it provides now which is allowing people to transact anonymously which they can then quickly exchange back into fiat
Could it be remedied by legislation maybe but also the current trend in government is less privacy for individuals and more government oversight over financial and digital records so I don’t think it will trend in the other direction any time soon
I have monero that I just hold because I like having something digital that has a value to it that nobody could just take from me and I can send to whoever I want whenever I want without anybody knowing except who I tell
Yes losing 17% of the value of it in a day sucks but also I bought in early enough I think I’m still slightly up even with this recent downturn
If you don’t want to deal with market fluctuations you do what I said which is just convert it to USD right away which is easy
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I mean your example specifically has to do with spending on marketing when you mention spending money on devs. I agree, if the budget is spent on marketing and the team is really selfish regarding the assets theyre making that it's scammy MLM shit. The best projects in the scene don't need it because they practically market themselves because they're stanned by people like you and Montero
If you’re spending money on devs or marketing you’re a scam
Like if you have a core group of devs who are reserving the crypto for themselves in an effort to pay themselves back if the price increases, it is a scam
Yeah, I think there's levels to it and you can tell by looking at the tokenomics/pool breakdown if that's what they're going for. Generally there isn't software out there that isn't bankrolled...even in our favorite FOSS shit there's sponsors our the wazzoo. Facebooks #1 competitor for react is made by a single guy named Derek Wu with a Patreon, I think any system that encourages donating over time to fund development is perfectly fine
Like it's nice to imagine a world where people program shit for free without this money, but software that is developed for open source with no profitability intentions will generally never have the proper support for longetivity. Look at Bitcoin, I'm sure whoever worked on it bought plenty and actually put their money where their mouth was instead of taking a cut of whatever. They still had a profit motive, it's just properly obscured. Smart contracts have to be on point and you can't really afford to pay Rohan in India scraps to facilitate this development, if anything that's a real scam to me since you're not putting the tech first
Yes but big difference between someone seeing a project, buying it and then working in improving it so the value of it goes up and devs who come up with a crypto and lock some of it away to sell at a later date