@gamingonlinux If steam took #Monero #XMR (ie an actually #private cryptocurrency unlike bitcoin/ethereum) there would be no payment processor authority that could enforce this, just #steam would set the rules, thats an advantage of #cryptocurrency
@gamingonlinux If steam took #Monero #XMR (ie an actually #private cryptocurrency unlike bitcoin/ethereum) there would be no payment processor authority that could enforce this, just #steam would set the rules, thats an advantage of #cryptocurrency
@scotty86 @panigrc @finalstaticfox @dansup Obviously, but then you have the problem of either needing to constantly having to maintain and setup new wallets and/or leaving trails for every dipshit who can use a blockchain explorer.
Plus you get the hard fluctuations, high fees and slow transaction times from #shitcoins like #Bitcoin.
There are exchanges that support fiat <=> #XMR tho.
@maikel basically, it boils down to the few key features of #Monero:
1.
#Anonymity & #Privacy: Unlike with any other #cryptocurrency (aka. #Shitcoins) it's not just pseudonymous in that there is no mandatory linkage between individuals & their wallets, but the entire transaction history and balance is hidden. Unlike say #Bitcoin or #Ethereum one cannot track the coins from the moment of mining to their destination.
2.
Speed: Monero's network does mine one block every 2 minutes. After 10 blocks any transfered balance gets unlocked for spending. That means that a transfer is completed at worst within 6 minutes and the balance is being unlocked at worst after 24 minutes. This makes it faster than Instant-#SEPA which only has a 1 hour SLA.
3.
#Fungibility: Like #cash all it's coins are equal, since they cannot be tracked. This makes Monero the digital equivalent of cash.
4.
#Scalability & #Stability: Monero adaptively self-adjusts block sizes and mining difficulty based upon demand (transactions in it's mempool
aka. requested transactions that have to be added to the blockchain) and supply (total blockchain hashrate). Unlike Bitcoin and Ethereum it has a fixed Tail Emission Rate of at least 0,6 #XMR (Monero) per block, so the miners solving it get at least 0,6 XMR (+ transaction fees), which is a longterm stable rate. Bitcoin and Ethereum will necessitate huge transfer fees once their last coins are mined to make sense, which will result in the crash of said cryptocurrencies as they'll be too expensive to trade!
5.
Anti-#ASIC and focussed on #CPU|s of general-purpose machines: Whilst it does run on #ProofOfWork, it's specifically designed to run poorly on #GPU|s and not on #ASICs as the latter one are not just manufactured #eWaste but also inherently increase the centralization (with less than a dozen big miners controlling >50% of Bitcoin and Ethereum's hashrate respectably). Thus it's the "least worst" in that regard. #ProofOfStake is not possible due to it's privacy-based setup (#Staking necessitates a public balance) and unlike a #Shitcoin like #FileCoin it doesn't incentivize #hoarding components. (in this case: #HDD|s)
6.
Accepted & Convertable: Whilst there is a concerted effort to ban Monero, there are payment processors like #NowPayments that accept Monero. It's low transaction fees and good speed make it useable in settings like Restaurants and Online Stores (sadly not retail, because it would need to be like 60x faster)... And even then it's easy to convert to/from Shitcoins.
That's the #TLDW of Whiteboard Crypto, Mental Outlaw and The Hated One…
And finally:
7.
Monero gets continously developed and enhanced, whereas Bitcoin, #Litecoin and Ethereum don't even do proper #upgrades via #HardForks (see #EthereumClassic)...
I'm finally opening commissions!! I'll be currently only taking portrait requests, until I catch the pace of the work. DM me here or through any of my contact details at https://unix.dog/~wiikifox/
It's $40 if paid through PayPal, or only $30 if paid with Monero XMR.
There are examples attached, even more examples in my profile!!
Moving away from the constant upgrade cycle & moving closer to the ideals of #PermaComputing #MalleableSoftware
Design and setup a redundant system of old/used, cheap, low-power devices running ia: #Guix, #Linux, #FreeBSD, #macOS, #HaikuOS, #Plan9Front, #X11, #P9, #NFS, all working together
Become an expert on #MicroControllers #ESP32 #STM32 #RP2040 #MIPS #RiscV
DIY sensors which sing like birds to communicate their status
DIY robots "drones"
Move as much as possible of my computing needs to the #Terminal, #Emacs, #Rio #CLI #TUI #P9
Get an #3DPrinter and learn to use it
Design and build my own portable 8dot #braille terminal & try out if 3x3 or 3x4 dots is also workable.
Design and build my own low-power computers, their OS, and tools
Writing more of my own tools #DIY
#SmallTalk #ObjectPascal #Prolog #Scheme #Racket #CommonLisp #Haskell #Rust #Go #ObjectiveC #Swift
Deploy #LoRa #ReticullumNetwork #RNodes #MeshCore #Meshtastic
Start an #InternetResiliencyClub
Add #Tor, #I2P support by #WebProxy
#SolarPowered #SelfHost over #I2P, #OnionService #Blog #Wiki #Repositories #GopherHole #Darcs #Mercurial
#SelfHost my own #EmailServer, which will only accept email from #KnownServers #CommunityEmail #MutualEmailAcceptance
Share files via #BitTorrent over #I2P
DIY #HomeAutomation
DIY #GardeningAutomation
DIY #GreenHouse
Get a house cat, train the cat, use voice and gestures
Start asking money for advice & technology support
Build/program my own opportunistic and strange cryptocurrency miners #BTC, #XMR, #ZEC, etc #Art
#MakeMoreArt #LearnToDraw #Learn3DModeling #LearnGenerativeArt #LearnToComposeAmbientMusic
#ReCreateJottit #ReCreateInstikiWiki
#WriteMore #PublishMore #Letters, #Essays, #Missives, #Reports, #Treatise
…
Heyho, #XMR woke up.
Didn't check the only cryptocurrency that counts for quite some time.
The EU just voted to kill financial privacy.
“The European Union is set to impose sweeping Anti-Money Laundering (AML) rules that will ban privacy-preserving tokens and anonymous cryptocurrency accounts from 2027.”
https://cointelegraph.com/news/eu-crypto-ban-anonymous-privacy-tokens-2027
It's an astronomical amount of behavior #data that is being collected on you. Is the only option for payment that isn't tracked physical cash and #monero https://www.youtube.com/watch?v=iX3JT6q3AxA
Still standing strong!
Donate Monero to a Palestinian food program: https://kuno.anne.media/fundraiser/uzvi/
@EUCommission
We can adopt something, internalize something. It must also be useful for everyone and make old gigantic wasters obsolete. Monero is an approach for money of the future. How many buildings of old-fashioned banks can be put to good use once we use XMR for money transfers?
#Monero Future Money #XMR
Please donate, i need immediate funds to afford basic necessities like food, hrt, new glasses, etc. i didnt get enough money last week to afford anything i needed. please donate to help me survive. i live in an abusive and transphobic household. my family neglects and harasses me constantly for being transgender. please help.
current goals:
immediate necessary expenses: 0$/250$
prescription glasses: 0$/250$
hrt blood tests: 0$/200$
payment information:
cashapp: https://cash.app/vparagon
gofundme: https://gofund.me/034cef1a
cashapp referral (i make 5$): https://cash.app/app/QPL1BJF
monero address: 8576pqM8cmNW92eogjqnYzEewZbmwUbY61xRcGmbVCFphchaXKyAad1Xj9oNrYWQNqZkcm2kCHEzea4Y5Wd3DMUW4DozSV2
Please donate, i need immediate funds to afford basic necessities like food, hrt, new glasses, etc. i didnt get enough money last week to afford anything i needed. please donate to help me survive. i live in an abusive and transphobic household. my family neglects and harasses me constantly for being transgender. please help.
current goals:
immediate necessary expenses: 0$/250$
prescription glasses: 0$/250$
hrt blood tests: 0$/200$
payment information:
cashapp: https://cash.app/vparagon
gofundme: https://gofund.me/034cef1a
cashapp referral (i make 5$): https://cash.app/app/QPL1BJF
monero address: 8576pqM8cmNW92eogjqnYzEewZbmwUbY61xRcGmbVCFphchaXKyAad1Xj9oNrYWQNqZkcm2kCHEzea4Y5Wd3DMUW4DozSV2
Please donate, i need immediate funds to afford basic necessities like food, hrt, new glasses, etc. i didnt get enough money last week to afford anything i needed. please donate to help me survive. i live in an abusive and transphobic household. my family neglects and harasses me constantly for being transgender. please help.
current goals:
immediate necessary expenses: 0$/250$
prescription glasses: 0$/250$
hrt blood tests: 0$/200$
payment information:
cashapp: https://cash.app/vparagon
gofundme: https://gofund.me/034cef1a
cashapp referral (i make 5$): https://cash.app/app/QPL1BJF
monero address: 8576pqM8cmNW92eogjqnYzEewZbmwUbY61xRcGmbVCFphchaXKyAad1Xj9oNrYWQNqZkcm2kCHEzea4Y5Wd3DMUW4DozSV2
Please donate, i need immediate funds to afford basic necessities like food, hrt, new glasses, etc. i didnt get enough money last week to afford anything i needed. please donate to help me survive. i live in an abusive and transphobic household. my family neglects and harasses me constantly for being transgender. please help.
current goals:
immediate necessary expenses: 0$/250$
prescription glasses: 0$/250$
hrt blood tests: 0$/200$
payment information:
cashapp: https://cash.app/vparagon
gofundme: https://gofund.me/034cef1a
cashapp referral (i make 5$): https://cash.app/app/QPL1BJF
monero address: 8576pqM8cmNW92eogjqnYzEewZbmwUbY61xRcGmbVCFphchaXKyAad1Xj9oNrYWQNqZkcm2kCHEzea4Y5Wd3DMUW4DozSV2
hey all, i still didnt get enough money last week, i really need donations desperately, please donate, i need the help to afford food and other things please, i live in an abusive and transphobic home and need donations to live, please donate to my monero address to help me afford HRT. Please help me.
current goals:
immediate necessary expenses: 35$/250$
prescription glasses: 0$/250$
payment information:
cashapp: https://cash.app/vparagon
gofundme: https://gofund.me/034cef1a
cashapp referral (i make 5$): https://cash.app/app/QPL1BJF
monero address: 8576pqM8cmNW92eogjqnYzEewZbmwUbY61xRcGmbVCFphchaXKyAad1Xj9oNrYWQNqZkcm2kCHEzea4Y5Wd3DMUW4DozSV2
hey all, i still didnt get enough money last week, i really need donations desperately, please donate, i need the help to afford food and other things please, i live in an abusive and transphobic home and need donations to live, please donate to my monero address to help me afford HRT. Please help me.
current goals:
immediate necessary expenses: 35$/250$
prescription glasses: 0$/250$
payment information:
cashapp: https://cash.app/vparagon
gofundme: https://gofund.me/034cef1a
cashapp referral (i make 5$): https://cash.app/app/QPL1BJF
monero address: 8576pqM8cmNW92eogjqnYzEewZbmwUbY61xRcGmbVCFphchaXKyAad1Xj9oNrYWQNqZkcm2kCHEzea4Y5Wd3DMUW4DozSV2
hey all, i still didnt get enough money last week, i really need donations desperately, please donate, i need the help to afford food and other things please, i live in an abusive and transphobic home and need donations to live, please donate to my monero address to help me afford HRT. Please help me.
current goals:
immediate necessary expenses: 35$/250$
prescription glasses: 0$/250$
payment information:
cashapp: https://cash.app/vparagon
gofundme: https://gofund.me/034cef1a
cashapp referral (i make 5$): https://cash.app/app/QPL1BJF
monero address: 8576pqM8cmNW92eogjqnYzEewZbmwUbY61xRcGmbVCFphchaXKyAad1Xj9oNrYWQNqZkcm2kCHEzea4Y5Wd3DMUW4DozSV2