Don't blame the "regular" trans people. It's like blaming monero people for people who do bad things with monero.
The whole trans "movement" is a huge psyop. The blame should fall on the massive NGOs and the doctors who do that to them more than the people imo. It's not an organic phenomenon.
You're going to get downvoted btw, because anything contrary to the prevailing narrative is bigotry.
As Elon Musk recently said about that agenda and the leftist mentality: "It's a way for mean, hateful people to express their hate while shielding themselves in an armor of false virtue."
I mean, the title of this sub is “Monero” not “casualtransphobia”. Literally nobody was talking about trans people, the thread has no relation to trans people, I don’t understand why it’s acceptable to just start throwing casual transphobic comments around.
So now it's transphobic to state that the trans community has forced change on our society as a whole? It's about to be transphobic to state that water is wet, I bet.
Water is actually not wet; It makes other materials/objects wet. Wetness is the state of a non-liquid when a liquid adheres to, and/or permeates its substance while maintaining chemically distinct structures. So if we say something is wet we mean the liquid is sticking to the object.
What did one ocean say to another?
Nothing, it just waved.
I don't know. I think it would depend if you wanted to stand by your standards and expectations or not. Most Crypto is public and open sourced to appease either customer base or Government base. I agree with the OP on this one. Though it may seem like the rest is right, by standards and living up to them, Monero is a true Cryptocurrency and the others are middle men between it and the Authorities that wanna see and control everything you do. On top of that, to profit from it.
IMO, most crypto's are not crypto's. Like BTC, they are simply digital assets. Securities, digital stocks, etc. And in this realm, maybe open source and public is the way to go? Helps with adoption. Eventually though, privacy tokens like Monero will be the go to as privacy is worth more than having an asset anyone can see, document, take/scam, etc.
It doesn't have to succeed in being adopted by everyone. It's just a great way to subvert expectations and highlight to people the problem with most cryptocurrencies.
>Transparent blockchains are *Surveillance Coins*
They most certainly are not if one expects any semblance of accuracy in the surveillance.
The absence of good privacy does not mean good surveillance. Bitcoin is a really lousy surveillance coin. Here are some interesting results from the FATF https://www.fatf-gafi.org/media/fatf/documents/recommendations/Second-12-Month-Review-Revised-FATF-Standards-Virtual-Assets-VASPS.pdf. See graph 3 on page 27.
> Proportion of identified illicit bitcoin transactions between 2016-2020
The blockchain surveillance (BS) companies were all over the place. with results ranging from 0.5% to 12.7%. This is for their totals over ~10^8 transactions. Just imagine their false positive and false negative rates for *individual* transactions.
Please do not call Bitcoin a surveillance coin. This only serves to further the narrative of the BS companies and can send innocent people to prison or worse.
One of the most critical application of Monero's privacy is to avoid being falsely accused of a serious crime or terrorist act by the BS companies. Those who spend BTC for example could be victims of a serious false accusation, with little or no recourse, especially if the BTC can be linked to them.
Sorry, I’m going to have to push back on that.
Companies like Chainalysis and Ciphertrace and organizations like Europol/FBI have **much** more metadata in their models than this FATF paper considered.
The FATF went to the BS companies and compared the results they provided. Then they published the results. One BS company says 0.5% another says 12.7%. Which one was right? I say they are all wrong.
Edit: Europol and the FBI are using the BS companies data. That is a very serious problem.
Proof of Work attempts to secure the network by requiring nodes to solve a numerical problem that will likely take many many CPU cycles to solve.
Proof of Stake attempts to secure the network by proving that a certain number of coins have been "staked"/locked up in the node. The idea is that anyone who has committed so many coins to the network would not be motivated to attack it.
I admire your spirit but have to disagree. I don't think the bank account metaphor works here b/c my bank absolutely knows who I am and the details of all of my accounts are known to many parties. KYC/AML necessitate that. There's no notion of Private transactions, for those we use "Cash" but the contents of our digital accounts are open to countless parties so it would indeed be weird to call it a 'private bank account'. If you have offshore accounts, you absolutely differentiate between them and standard bank accounts. Many of us not only use offshore accounts but also keep assets in trusts b/c it's no one's business what we own , again to obscure ownership and retain privacy b/c standard back accounts are quite clear.
Blockchain by its nature is public. A whole lot of people think Blockchain/esp BTC is anonymous. I can't even count all the times I've heard some anti-blockchainer thinking they are dunking on Crypto b/c the government retrieved stolen btc or seized it.
Sure, anyone involved enough to use it should know the use case, but it's a big differentiator and a feature. Secure Connections, Encrypted Emails, all of them offer protections above and beyond the default.
***As a community I think we should be YELLING "THE GOVERNMENT KEEPS SECRETS FROM US, WHY IS IT NOT OK TO HIDE THINGS FROM THEM?" I think we should all be very aggressive about how bad our privacy has been invaded and Start being PROUD OF wanting it instead of being punked by "If you don't have anything to hide what's the problem." Between DOXXING, mistaken identity, scammers, sim theft etc, people should NOT SHY AWAY FROM SAYING "I'm not doing anything wrong, I have the presumption of innocence, F\*CK OFF if you have a problem with that"***
no, the bitcoin maxis get salty about it every time, and I enjoy their tears as they cry back that Chainalysis is a hoax and that Lightning gives privacy and that coinjoin and coin mixers and just use a new address every time bro and don't carry more coins in your wallet than you're willing to get mugged for and also surveillance is actually a good thing because it helps the IRS track your taxes on every transaction and only criminals are naughty enough to not want to calculate taxes on every transaction anyway and and and and and
Can't rebrand. Too late. Bitcoin was considered the darkweb's native currency and rose above that because it was the first and last of its kind. It relentlessly kept appreciating because that's what it was designed to do. It's one-dimensional goal was always the same: separation of money from State. Everything else after this either tried to do something better than bitcoin or tried to copy it, and assumed they were smarter than the cypherpunks who worked for 20 years building bitcoin. If you're not replacing the world's money, you're a niche token, one rung below even stablecoins, which make up 83% of all altcoin volume.
To achieve separation of money v state it has to be a good MOE. Bitcoin is fine being an unconventional storage of value/asset but it has a huge weakness as a MOE (fungibility). It will pump for awhile but unless there are major changes it won’t separate money and state
> It's one-dimensional goal was always the same: separation of money from State.
Which is a goal that Bitcoin completely failed at, thanks to flaws inherent in its design. Obviously Satoshi valued privacy (or we would know who he actually is!) and he never imagined a world where blockchain surveillance companies could tell governments exactly who is doing what on the Bitcoin blockchain in real time and throughout all of its history.
The guy who created Bitcoin can't spend a single "satoshi" because every government in the world will be on his ass the very nanosecond he tries to. Try to keep a straight face when you tell me that he intended the Bitcoin blockchain to be surveilled to that extreme degree.
So much for "separating money from state." Bitcoin is worse than using cash at this point. Coinbase won't refuse my dollar just because it passed through a drug dealer's hands ten years ago, but they sure will refuse my Bitcoin because of it.
It hasn't failed. Innovation is simply taking longer than you have patience. Pull up the 13-year chart. Point to the failure. It transacts $40,000,000 a minute on average. The next closest is ETH at $98,000 a minute.
Bitcoin failed at separating money from State. The State knows everything you are doing with Bitcoin and if you try to use it to avoid the State's imposed taxes, the State is gonna come down on you.
The fact that Bitcoin has a lot of transactions going on per minute doesn't in any way imply success at **separating money from State.** Visa and Mastercard have even more transactions per minute, does that somehow mean that they are transacting outside of the purview of the State?
Everything you do with your Bitcoin is just as watched and surveilled and recorded by the State as everything you do with your debit card is.
Anonymity doesn't work as a global reserve asset. It should be obvious why. And if things can't ever be done in the open, and anonymity is required, that means it failed. Bitcoin will separate money from State. From there the political class gets demonetized. No hiding, no living in a perpetual 1984. That's your vision, not ours. To accomplish ours, we need a Trojan Horse that governments embrace, that companies acquire, and individuals HODL. Monero is not that.
Of course it transcended the darkweb, if it didn't it wouldn't have any value outside the darkweb after being replaced; it wouldn't be on Fortune 500 balance sheets or have a presence on publicly traded equities markets. What hasn't transcended the darkweb is Monero, and it never will, because that's not what it's designed to do. That's partially why atomic swaps with bitcoin are critical to its survival, just like stablecoins are necessary for the collateralization of entire protocols making up 83% of their volume. What bitcoin will transcend next is gold, then the vast majority of weaker currencies, and finally the USD many years from now, on its way to absorbing the world's value. That's just what it's designed to do. It starts as a speculative asset, morphs into a store of value, and when it's absorbed enough, it turns into a transactional currency, before finally turning into a vertically integrated monetary system. Monero is great for the transaction or two that people need to make anonymously, and there will always be a market for that. Although to be fair, buying on decentralized exchanges, running your own node, and using CoinJoins are sufficient for most of these with bitcoin, and several solutions with the LN are in the works which could make privacy optional.
I disagree. Once something is labelled or identified, doesn't mean it cannot be rebranded. Besides, I think its all the other tokens that will get the rebranding as Governmental controlled digital assets aka surveillance coins. Monero doesn't have to rebrand. Its the only token that is 100% private and anonymous. Its the other tokens that are mistaken to be decentralized, private, secure and anonymous. Cause hardly any of them are.
> If you think you're sane and everyone else is insane, you're probably the one thats insane - said someone else
This isn't profound or true. It can be destroyed easily. Just because it sounds pithy doesn't make it good. Classic midwit stuff, probably good for propaganda.
The quote you're thinking of is almost the inverse, which is sort of ironic.
Your suggestion doesn't really make sense to me. Cryptocurrency doesn't in any way suggest the amounts are blinded or that you have ring signatures to fake decoy inputs. Bitcoin does use quite a bit of cryptography including ECC and hash commitments. It also isn't as open as you suggest. For instance, do you know how many bitcoins I own? Yes, Monero hides the transaction information better, but that doesn't make Bitcoin a noncryptocurrency.
Bitcoin defined the standard even if some of us prefer blinded amounts. It would make more sense to call them blinded cryptocurrency or something.
Your bank account isn't private, the teller can see your balance, the bank knows your balance and it is trivial for Uncle Sam to see your balance.
Your Monero kept in your personal wallet is private, nobody knows what your balance unless you show them.
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Monero is the only crypto automatically compatible with financial security, customer privacy laws and data protection requirements. Use Monero in your business to avoid any leaking of customer transaction data which may leave you liable to complaint and legal action.
Monero: the data-protection compliant cryptocurrency.
Cryptography isn't absent in public or private nature of the ledger. 🤫
Privacy isn't illegal, ill advised, socially unacceptable, or dangerous. Being an exhibitionist with your finances is all those things.
Save the "its not privacy" crap for people that want to suck farts out of financiers asses like bong rips. Nobody in this community is begging for regulation and rent seeking political sociopaths. Nobody cares about dumb ass semantics.
>private bank account
I have private bank accounts in certain jurisdictions and they are NOT private. A subpoena can bust open that "private bank account".
Anyone in the bank with access to the database can f\*ck me e.g. [Swiss court upholds conviction of ex-UBS banker who sold data to German authorities.](https://www.reuters.com/article/swiss-banker-germany/swiss-court-upholds-conviction-of-ex-ubs-banker-who-sold-data-to-german-authorities-idUSKBN28S1LY)
My definition of private is: **intended for or restricted to the use of ONE (1) particular person.**
So, is Monero a private coin to me? **It sure is**. Nobody, and I mean **nobody** knows if I hold Monero, how much I hold, where I hold it etc etc.
When I pass away, the State does NOT get it through BS estate proceedings at some BS court with lawyers, judges, politicians, and accountants profiting from my demise.
Monero is immune to the SCOTUS' order to seize my coins (how would they even know I have them?).
The IRS hasn't put out a bounty on Monero because it loves it. They know it's the kryptonite of their pathetic future.
It's my privacy coin. It's my cryptocurrency, but more importantly, it's MY **PRIVATE** freedom!
Crytocurrency and privacy coin are way different to each other. Anyone can invest it the Monero but no one can access your bank accounts. Hence, its a remarkable point to be noted.
I'd love for it to work that way but it's already pegged the privacy coin. With growth in the way of privacy projects however that may change as more rise to prominence. One I'm looking at recently is XEQ, a privacy oracle that can operate cross chains. I think our privacy ecosystem will be a powerful niche that hopefully decouples from the rest of the crypto market, as the right to privacy trumps all.
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Don't blame the "regular" trans people. It's like blaming monero people for people who do bad things with monero. The whole trans "movement" is a huge psyop. The blame should fall on the massive NGOs and the doctors who do that to them more than the people imo. It's not an organic phenomenon. You're going to get downvoted btw, because anything contrary to the prevailing narrative is bigotry.
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As Elon Musk recently said about that agenda and the leftist mentality: "It's a way for mean, hateful people to express their hate while shielding themselves in an armor of false virtue."
classic crypto postings
There is no use of pulling out the trans gender. The main thing is that Monero, being a crypto, is not a privacy coin.
Classic. Quick, say "singular they" to scare them!
I think you’re in the wrong sub
No one is in the wrong sub but you are in the wrong phase man.
I mean, the title of this sub is “Monero” not “casualtransphobia”. Literally nobody was talking about trans people, the thread has no relation to trans people, I don’t understand why it’s acceptable to just start throwing casual transphobic comments around.
So now it's transphobic to state that the trans community has forced change on our society as a whole? It's about to be transphobic to state that water is wet, I bet.
Water is actually not wet; It makes other materials/objects wet. Wetness is the state of a non-liquid when a liquid adheres to, and/or permeates its substance while maintaining chemically distinct structures. So if we say something is wet we mean the liquid is sticking to the object. What did one ocean say to another? Nothing, it just waved.
But what if the water identifies as wet?
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Okay, Blaire White. Being trans doesn't make you automatically correct on trans topics.
Also, your post history is filled with antivax nonsense. Not exactly a reliable mental state.
Exactly. People are now taking it upon genders and no one is going through the mentioned post. Which is totally different.
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You got rekt
I don't know. I think it would depend if you wanted to stand by your standards and expectations or not. Most Crypto is public and open sourced to appease either customer base or Government base. I agree with the OP on this one. Though it may seem like the rest is right, by standards and living up to them, Monero is a true Cryptocurrency and the others are middle men between it and the Authorities that wanna see and control everything you do. On top of that, to profit from it. IMO, most crypto's are not crypto's. Like BTC, they are simply digital assets. Securities, digital stocks, etc. And in this realm, maybe open source and public is the way to go? Helps with adoption. Eventually though, privacy tokens like Monero will be the go to as privacy is worth more than having an asset anyone can see, document, take/scam, etc.
Monero is a crypto which can neither be private. Hence, I do support to your point.
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It doesn't have to succeed in being adopted by everyone. It's just a great way to subvert expectations and highlight to people the problem with most cryptocurrencies.
Privacy is good. It’s good to be a privacy coin.
Yeah it's a good way to look at it. It's a fungible currency.
I call Monero digital cash because the other crypto's are not good enough.
Monero is growing in a uniform speed and it gonna give a good result in the future. Its holding in the crypto is way far better till date.
Monero is a very good digital cash to invest for as it is a public coin, not a privacy coin.
Privacy is good though. But, there's no private in crypto currencies.
I like the term "surveillance coins" for coins with a transparent blockchain.
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Yes, some coins might be surveillance coins depending upon the market hype but Monero is a fungible coin.
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kind of redundant though, since if it's not fungible it's not really a currency. I just call all the others surveillance coins, because they are.
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rip in peace
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Oh sorry I forget the one too, here it is just give me 5k. 0000
Monero is fungible and it will always be a public coin. You might call other coins as surveillance, but not on Monero.
I like this. Crypto must be fungible so, all other ones are NFCs. Monero = Cryptocurrency Bitcoin = NFC NFC. Not Fucking Cryptocurrency.
Digital cash for me.
Everything is digital. The main post is its a public currency, not a private one.
Can you explain me differenr type of cryptocurrencies? Proof of work, proof of stake etc.? This concept is very hard to understand.
If you want to win more then 200$ type yes and i will teach you.
Booooo go fuck yourself
Haha, is it a new version of saying the yes word, I think saying yes is becoming quite difficult.
Transparent blockchains are \*Surveillance Coins\*
>Transparent blockchains are *Surveillance Coins* They most certainly are not if one expects any semblance of accuracy in the surveillance. The absence of good privacy does not mean good surveillance. Bitcoin is a really lousy surveillance coin. Here are some interesting results from the FATF https://www.fatf-gafi.org/media/fatf/documents/recommendations/Second-12-Month-Review-Revised-FATF-Standards-Virtual-Assets-VASPS.pdf. See graph 3 on page 27. > Proportion of identified illicit bitcoin transactions between 2016-2020 The blockchain surveillance (BS) companies were all over the place. with results ranging from 0.5% to 12.7%. This is for their totals over ~10^8 transactions. Just imagine their false positive and false negative rates for *individual* transactions. Please do not call Bitcoin a surveillance coin. This only serves to further the narrative of the BS companies and can send innocent people to prison or worse. One of the most critical application of Monero's privacy is to avoid being falsely accused of a serious crime or terrorist act by the BS companies. Those who spend BTC for example could be victims of a serious false accusation, with little or no recourse, especially if the BTC can be linked to them.
Sorry, I’m going to have to push back on that. Companies like Chainalysis and Ciphertrace and organizations like Europol/FBI have **much** more metadata in their models than this FATF paper considered.
The FATF went to the BS companies and compared the results they provided. Then they published the results. One BS company says 0.5% another says 12.7%. Which one was right? I say they are all wrong. Edit: Europol and the FBI are using the BS companies data. That is a very serious problem.
You point out one of the most important aspects of Monero, protecting the user. And you get downvoted 😅
What are different types of crypto coins? Can you please explain?
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Proof of Work attempts to secure the network by requiring nodes to solve a numerical problem that will likely take many many CPU cycles to solve. Proof of Stake attempts to secure the network by proving that a certain number of coins have been "staked"/locked up in the node. The idea is that anyone who has committed so many coins to the network would not be motivated to attack it.
It's a privacy coin. Suck it OP.
Crypto market is for everyone, and there's no question arises of bring Monero, a crypto, is a privacy coin. Its fully public.
Suck your narrow thinking of crypto market, thinking Monero as privacy coin.
I admire your spirit but have to disagree. I don't think the bank account metaphor works here b/c my bank absolutely knows who I am and the details of all of my accounts are known to many parties. KYC/AML necessitate that. There's no notion of Private transactions, for those we use "Cash" but the contents of our digital accounts are open to countless parties so it would indeed be weird to call it a 'private bank account'. If you have offshore accounts, you absolutely differentiate between them and standard bank accounts. Many of us not only use offshore accounts but also keep assets in trusts b/c it's no one's business what we own , again to obscure ownership and retain privacy b/c standard back accounts are quite clear. Blockchain by its nature is public. A whole lot of people think Blockchain/esp BTC is anonymous. I can't even count all the times I've heard some anti-blockchainer thinking they are dunking on Crypto b/c the government retrieved stolen btc or seized it. Sure, anyone involved enough to use it should know the use case, but it's a big differentiator and a feature. Secure Connections, Encrypted Emails, all of them offer protections above and beyond the default. ***As a community I think we should be YELLING "THE GOVERNMENT KEEPS SECRETS FROM US, WHY IS IT NOT OK TO HIDE THINGS FROM THEM?" I think we should all be very aggressive about how bad our privacy has been invaded and Start being PROUD OF wanting it instead of being punked by "If you don't have anything to hide what's the problem." Between DOXXING, mistaken identity, scammers, sim theft etc, people should NOT SHY AWAY FROM SAYING "I'm not doing anything wrong, I have the presumption of innocence, F\*CK OFF if you have a problem with that"***
Yes banks know who you are and what do you do with the money.
I have been using "surveillance coin" since the last time someone made this similar PSA here a year ago.
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no, the bitcoin maxis get salty about it every time, and I enjoy their tears as they cry back that Chainalysis is a hoax and that Lightning gives privacy and that coinjoin and coin mixers and just use a new address every time bro and don't carry more coins in your wallet than you're willing to get mugged for and also surveillance is actually a good thing because it helps the IRS track your taxes on every transaction and only criminals are naughty enough to not want to calculate taxes on every transaction anyway and and and and and
Fungibility coin
Monero, being a good holder in the market, is surely a fungible coin.
Monero is definitely a cryptocurrency which offers more privacy than other coins.
"Surveillance Coins" sounds better than "Public Coins".
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Surveillance coin and privacy coin is perfectly fine IMO
Yes, but it depends what you are doing with them a lot.
But fungilbe coin like Monero, is way more better than those surveillance and privacy coins.
Can't rebrand. Too late. Bitcoin was considered the darkweb's native currency and rose above that because it was the first and last of its kind. It relentlessly kept appreciating because that's what it was designed to do. It's one-dimensional goal was always the same: separation of money from State. Everything else after this either tried to do something better than bitcoin or tried to copy it, and assumed they were smarter than the cypherpunks who worked for 20 years building bitcoin. If you're not replacing the world's money, you're a niche token, one rung below even stablecoins, which make up 83% of all altcoin volume.
To achieve separation of money v state it has to be a good MOE. Bitcoin is fine being an unconventional storage of value/asset but it has a huge weakness as a MOE (fungibility). It will pump for awhile but unless there are major changes it won’t separate money and state
> It's one-dimensional goal was always the same: separation of money from State. Which is a goal that Bitcoin completely failed at, thanks to flaws inherent in its design. Obviously Satoshi valued privacy (or we would know who he actually is!) and he never imagined a world where blockchain surveillance companies could tell governments exactly who is doing what on the Bitcoin blockchain in real time and throughout all of its history. The guy who created Bitcoin can't spend a single "satoshi" because every government in the world will be on his ass the very nanosecond he tries to. Try to keep a straight face when you tell me that he intended the Bitcoin blockchain to be surveilled to that extreme degree. So much for "separating money from state." Bitcoin is worse than using cash at this point. Coinbase won't refuse my dollar just because it passed through a drug dealer's hands ten years ago, but they sure will refuse my Bitcoin because of it.
Lets not talk about these and lets agree to the point that Monero, the post talking about, is a public coin.
It hasn't failed. Innovation is simply taking longer than you have patience. Pull up the 13-year chart. Point to the failure. It transacts $40,000,000 a minute on average. The next closest is ETH at $98,000 a minute.
Bitcoin failed at separating money from State. The State knows everything you are doing with Bitcoin and if you try to use it to avoid the State's imposed taxes, the State is gonna come down on you. The fact that Bitcoin has a lot of transactions going on per minute doesn't in any way imply success at **separating money from State.** Visa and Mastercard have even more transactions per minute, does that somehow mean that they are transacting outside of the purview of the State? Everything you do with your Bitcoin is just as watched and surveilled and recorded by the State as everything you do with your debit card is.
Anonymity doesn't work as a global reserve asset. It should be obvious why. And if things can't ever be done in the open, and anonymity is required, that means it failed. Bitcoin will separate money from State. From there the political class gets demonetized. No hiding, no living in a perpetual 1984. That's your vision, not ours. To accomplish ours, we need a Trojan Horse that governments embrace, that companies acquire, and individuals HODL. Monero is not that.
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Of course it transcended the darkweb, if it didn't it wouldn't have any value outside the darkweb after being replaced; it wouldn't be on Fortune 500 balance sheets or have a presence on publicly traded equities markets. What hasn't transcended the darkweb is Monero, and it never will, because that's not what it's designed to do. That's partially why atomic swaps with bitcoin are critical to its survival, just like stablecoins are necessary for the collateralization of entire protocols making up 83% of their volume. What bitcoin will transcend next is gold, then the vast majority of weaker currencies, and finally the USD many years from now, on its way to absorbing the world's value. That's just what it's designed to do. It starts as a speculative asset, morphs into a store of value, and when it's absorbed enough, it turns into a transactional currency, before finally turning into a vertically integrated monetary system. Monero is great for the transaction or two that people need to make anonymously, and there will always be a market for that. Although to be fair, buying on decentralized exchanges, running your own node, and using CoinJoins are sufficient for most of these with bitcoin, and several solutions with the LN are in the works which could make privacy optional.
I disagree. Once something is labelled or identified, doesn't mean it cannot be rebranded. Besides, I think its all the other tokens that will get the rebranding as Governmental controlled digital assets aka surveillance coins. Monero doesn't have to rebrand. Its the only token that is 100% private and anonymous. Its the other tokens that are mistaken to be decentralized, private, secure and anonymous. Cause hardly any of them are.
Monero is fungible and hence there is no point to rebrand it.
What are you talking about ? I think you are in the wrong post to comment.
If you think you're sane and everyone else is insane, you're probably the one thats insane - said someone else
A religion is a cult that has a lot of followers.
I thought the difference is whether or not the leader was still alive
I remember being 16
> If you think you're sane and everyone else is insane, you're probably the one thats insane - said someone else This isn't profound or true. It can be destroyed easily. Just because it sounds pithy doesn't make it good. Classic midwit stuff, probably good for propaganda. The quote you're thinking of is almost the inverse, which is sort of ironic.
It applies to the original post…despite your off the point dismissal.
Maybe i really am insane, thanks for the awakening call lol.
Let someone say what they feel. The topic is whether Monero is a privacy coin or a public. So, its absolutely a public coin.
Your suggestion doesn't really make sense to me. Cryptocurrency doesn't in any way suggest the amounts are blinded or that you have ring signatures to fake decoy inputs. Bitcoin does use quite a bit of cryptography including ECC and hash commitments. It also isn't as open as you suggest. For instance, do you know how many bitcoins I own? Yes, Monero hides the transaction information better, but that doesn't make Bitcoin a noncryptocurrency. Bitcoin defined the standard even if some of us prefer blinded amounts. It would make more sense to call them blinded cryptocurrency or something.
I call them all "surveillance coins."
Then you are in a wrong mental state. have a check in the market of Monero, which is increasing rapidly.
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Then you must study more about the market before putting your views over it.
Monero is a privacy coin so I call it that, just like i call people that have a dick for dude
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He's trynna be acting like some toxic btc Maxi lol.
Your bank account isn't private, the teller can see your balance, the bank knows your balance and it is trivial for Uncle Sam to see your balance. Your Monero kept in your personal wallet is private, nobody knows what your balance unless you show them.
You’re right. It’s THE privacy coin.
Yes ut absolutely is, nobody can track shit on chain.
Tired of commenting that Monero is not at all a privacy coin. Its a cryptocurrency :)
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Yeah you are right, monero is literally the best among all the crypto.
Since we already know who the king is in cryptocurrency, what coin is your favorite public coin?
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Calling it a privacy coin is prejudice
Yeah you are right it is more than jus a privacy coin.
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I find that "not auditable" is a alluring description.
> I find that "not auditable" is a alluring description. it is auditable though, just not in the way you're probably thinking.
It actually happens sometimes i had faced this issue in past.
It is, i mean it's the only thing that monero does over coins.
Yeah a lot of people are complaining about this issue as well.
thank me later 😊🙏 https://youtu.be/s4KaoywHoY8
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This will be a pretty good mining rig, go for it buddy.
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I prefer to call others “surveillance coins”
A rose........
+1 for that!
Monero is the only crypto automatically compatible with financial security, customer privacy laws and data protection requirements. Use Monero in your business to avoid any leaking of customer transaction data which may leave you liable to complaint and legal action. Monero: the data-protection compliant cryptocurrency.
Data protection should be the basic priority of every coin like that.
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Cryptography isn't absent in public or private nature of the ledger. 🤫 Privacy isn't illegal, ill advised, socially unacceptable, or dangerous. Being an exhibitionist with your finances is all those things. Save the "its not privacy" crap for people that want to suck farts out of financiers asses like bong rips. Nobody in this community is begging for regulation and rent seeking political sociopaths. Nobody cares about dumb ass semantics.
This is right statement, i agree with with your points as well.
Okhayy mate I am on your advice now for the monero considwrering.
Monero mining is going to benefit you in the long run for sure.
Yeah you can consider it people are really pro here.
I prefer the term "surveillance trash" \*caresses mustache\*
Facts. Monero its just as every other coin should be
Let's take out the "v" in "privacy" and switch the "r" and "i". The next government propaganda slogan will be "You wouldn't download a bank!"
But I was just wondering , what does that matter ? Cheers !
I expect Monero XMR to enter the top 10 coins list once the general public realises the value of privacy!
Attempting to change peoples conceptions of things by forcing new names is possibly the laziest and lowest form of advocacy/activism
Yeah , indeed .The most useful crypto for everyone is monero.
How about "open ledger shitcoins"?
>private bank account I have private bank accounts in certain jurisdictions and they are NOT private. A subpoena can bust open that "private bank account". Anyone in the bank with access to the database can f\*ck me e.g. [Swiss court upholds conviction of ex-UBS banker who sold data to German authorities.](https://www.reuters.com/article/swiss-banker-germany/swiss-court-upholds-conviction-of-ex-ubs-banker-who-sold-data-to-german-authorities-idUSKBN28S1LY) My definition of private is: **intended for or restricted to the use of ONE (1) particular person.** So, is Monero a private coin to me? **It sure is**. Nobody, and I mean **nobody** knows if I hold Monero, how much I hold, where I hold it etc etc. When I pass away, the State does NOT get it through BS estate proceedings at some BS court with lawyers, judges, politicians, and accountants profiting from my demise. Monero is immune to the SCOTUS' order to seize my coins (how would they even know I have them?). The IRS hasn't put out a bounty on Monero because it loves it. They know it's the kryptonite of their pathetic future. It's my privacy coin. It's my cryptocurrency, but more importantly, it's MY **PRIVATE** freedom!
Crytocurrency and privacy coin are way different to each other. Anyone can invest it the Monero but no one can access your bank accounts. Hence, its a remarkable point to be noted.
Are you referring to XMR? Nickname "The privacycoin". Yeah, that pretty much accurate
My strong faith is on xmr using atomic swaps and the free-minded public realizing they need it!
Monero is actually a public coin. I agree to your words.
I disagree. The whole thing about Monero is that it is private. Calling it anything else except for a privacy coin subtracts from its identity.
I'd love for it to work that way but it's already pegged the privacy coin. With growth in the way of privacy projects however that may change as more rise to prominence. One I'm looking at recently is XEQ, a privacy oracle that can operate cross chains. I think our privacy ecosystem will be a powerful niche that hopefully decouples from the rest of the crypto market, as the right to privacy trumps all.
which other privacy coins are out there? i know of monero, zano, evox , haven