LobYonder

joined 1 year ago
MODERATOR OF
[–] [email protected] 1 points 8 months ago* (last edited 8 months ago)

I notice that searching 'All' with the URL "https://lemmy.world/c/[email protected]" doesn't find anything, but searching with "https://lemmy.ml/c/privacy" does. It seems you need the originating instance for it to work. A ping identifier also work "[email protected]"

[–] [email protected] 1 points 10 months ago* (last edited 10 months ago) (1 children)

Isn't there an equilibrium or oscillatory cycle: fees higher -> smaller wallets stranded -> fewer viable transactions -> lower block demand -> lower fees?

BTC has no use-value any more, there are better functional crytpos and so it is a pure speculative "asset". I think it's price will increasingly fluctuate and eventually collapse for the same reasons as Beanie Babies or tulip bulbs. The power costs of mining set a lower bound on fees+price tho. Once block rewards are ended we could have a negative feedback where fees take an increasing fraction of tx value and price continues to drop to reducing liquidity.

One scenario is BTC becomes the "Rai stones" of crypto https://en.wikipedia.org/wiki/Rai_stones which are not used directly but "ownership" is transferred by convention

[–] [email protected] 1 points 10 months ago

Sure there are some extremists in almost every political faction, but were his comments denounced by others in his party?

[–] [email protected] 1 points 10 months ago (1 children)

I have an interest in prepping and self-sufficiency, although not much practical experience. I can take over for now if the technical requirements/duties are not onerous but if the community remains inactive then closing it in a few months may be the best option.

[–] [email protected] 3 points 10 months ago (1 children)

I'm curious how he passed on the seed words to you. Did he write it down, give you the password for a password manager, put the info in his Will, transfer to your wallet address, or give you a hardware wallet? Did he just trust you with access to his computer data before he died?

[–] [email protected] 1 points 11 months ago* (last edited 11 months ago)

So I installed Gossip, created an identity but did not publish it, and added some relays and followed your public key. Now Settings says my "public key not set" while Account>Keys says "ready to sign events" and your follow says "relay list not found" and Inbox is empty. What else do I need to do?

[–] [email protected] 5 points 11 months ago (1 children)

If averages are published by a reputable website, shops can choose to use the average rather than "spot" price. In any case as XMR is more frequently exchanged for more stable goods or assets, the natural actions of buyers and seller will moderate fluctuations. However if you create a trading platform to trade averages vs spot prices that will tend to increase volatility, as short-term speculators benefit from volatility.

[–] [email protected] 1 points 1 year ago (1 children)

I already have done some rough work on the idea and have a bit of an idea what a good spec would look like.

Can you expand on that? Is the idea being actively discussed/developed anywhere?

[–] [email protected] 5 points 1 year ago

KYC is being used by many businesses as a convenient gatekeeping tool

The more important point is that the state has the gatekeeping and tracking power, they can see your transactions and refuse access because of "suspicious activity". The business is just "complying with regulations". If it was a business decision you could just find another.

[–] [email protected] 3 points 1 year ago

Would you exchange your newly-mined BTC for the same amount from a MtGox or other theft?

[–] [email protected] 2 points 1 year ago (1 children)

There's a problem with audio balance towards the end (left channel only at 3:40). It would be a longer video but you could go into more OpSec - cookies/browsers, 2FA and password managers

[–] [email protected] 3 points 1 year ago

With non-kyc exchanges and shops, and growing the XMR economy.

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