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nihilist

@ nihilist @monero.town

Posts
9
Comments
41
Joined
2 yr. ago

  • Skepticism Sunday #1 -- Jul 21, 2024

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  • there's clear potential, for monero adoption, to target small businesses that attend to basic needs like nutrition, transport, and shelters, to accept monero to be frank. Farmers, Bakeries, Cabs are all potentially monero adopters imho

  • Skepticism Sunday #1 -- Jul 21, 2024

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  • Despite how bullish i am for monero in general, i have a major concern. Picture the following:

    The monero community starts to move heavily into adoption (see what xmrbazaar.com is trying to achieve) and it starts to become widespread, BUT it's still not officially allowed by governments. In fact, imagine that governments start to realize how bad monero is for their own economics and centralized control, and they start to explicitely ban it and enforce penalties for just using it (like any controlled substance). what about then ?

    What about that one random farmer (small business, selling products attending to people's basic needs to survive), who wants to accept monero to sell his vegetables, he's going to get bothered by authorities for publicly accepting monero, after getting enough fines, i'm sure he'd actually give up trying to use monero officially.

    Going even further down that road, as this would be an attack on the currency itself, what about that one fed guy buying monero (wherever, right, haveno, or whatever CEX) just to find out who's selling monero, to literally prosecute them for just having monero?

    Would Monero always remain a way to transact secretely ? rather than existing it as a way to transact publicly ?

    This technology is not even meant to conform to any law, nor any governmental concern to assert their control over the populations, in fact, it is a direct threat to their existing control.

    Now for me, Monero adoption must be a Bottom-UP process you go from individuals, to small businesses (farmers, bakeries, etc) and try to make monero getting adopted further up into bigger and bigger companies, which is (currently at least) increasingly less likely to get adopted due to financial regulations the higher up you go. Picture the day when those same financial regulations trinkle down all the way to the bottom of the pyramid onto small businesses and individuals, this'll be a very tedious environment just to transact monero

  • Datura Network - Public Monero Nodes List

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  • Stressnet First Week Report

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  • congrats guys, keep up the good work. people out there feel free to contribute a stressnet node

  • Concerned about my friend who’s a Bitcoin maxi

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  • The main point is that bitcoin won't have any value when your country reduces your right to privacy to nothing with a CBDC, digital ID, and social credit score. Bitcoin will just be another surveillance tool to them. Besides, nobody is not using btc anyway, it's just used to swap it to monero lol

  • All majesticbank scams & lies.

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  • lesson to remember: don't pay developers up-front, place bounties, and pay them only once they finish their work

  • Haveno Reto v1.0.6

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  • based, next step set up your own apt repository for easier upgrades for linux users and it's going to be top notch ;)

  • How To Encrypt Your Mnemonic Seed Without A Computer/Internet

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  • yea thats the point of having a decoy volume, you claim that the hidden one doesnt exist and that you gave the password. it remains possible until the adversary is able to prove that the hidden volume exists.

  • Haveno DEX - Cash by Mail -> XMR transactions

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  • Haveno DEX - Cash by Mail -> XMR transactions

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  • created this issue to address the buyers that start with 0 XMR https://github.com/haveno-dex/haveno/issues/963 but keep in mind that a reputation system might not lead anywhere here, thats why there is the security deposit system instead.

    And the buyer has to register a name and physical address? I realize these can be faked but I don’t think I like that being stored digitally as opposed to just being written on the return address of an anonymously printed shipping label as it was with local monero.

    yea the proper documentation for each trade protocol has yet to be written, so this might change in the future

  • How To Encrypt Your Mnemonic Seed Without A Computer/Internet

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  • how is it no longer plausible ? pls let me know who managed to prove the existance of a hidden volume and how, as up until now i didnt find anyone that managed to. If there is no proof that the hidden volume exists, you can keep claiming that there is no hidden volume.

  • Haveno DEX - Cash by Mail -> XMR transactions

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  • haveno might copy bisq to help users get that initial monero initially in a matrix chatroom, but thats still in discussion

  • How To Encrypt Your Mnemonic Seed Without A Computer/Internet

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  • i like the intention, but simple encryption is not going to cut it, you need to be able to deny the existance of the encrypted volume: https://blog.nihilism.network/servers/encryption/index.html what you're looking for is plausible deniability. in short, hide your mnemonic seed into a veracrypt hidden volume

  • [Philo] What I learned from Monero community

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  • probably meant "monero is what bitcoin was meant to be"

  • Haveno Decentralised Exchange Dispute resolution (Fiat -> XMR)

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  • yea as mentionned, there are a ton of difficult possible arbitration scenarios, i think there is a clear need to :

    1. list the payment options (like bisq did on this page here https://bisq.wiki/Payment_methods)
    2. detail each payment option with the correct trade protocol (which includes the precautions to PROVE that you conducted the trade correctly for the arbitrators (see localmonero's tips on cash by mail for example https://localmonero.co/cash-by-mail-tips )), the risks of the trade going wrong, and what to do in each case.

    I opened up https://github.com/haveno-dex/haveno/issues/944 just now for the same

  • Haveno Decentralised Exchange Dispute resolution (Fiat -> XMR)

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  • yea but if all the arbitrators are corrupt on the network side, no matter how many you put on the arbitration the outcome wouldnt really change right ?

  • Haveno Decentralised Exchange Dispute resolution (Fiat -> XMR)

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  • to that i would reply, that the arbitrators better be honest and behave correctly because the reputation of their network (ex:reto) is at stake, and yea definitely could be a good idea to have an external rating service, so that over time the scammy haveno networks are called out, and people avoid them

  • Revuo Monero Issue 195 - Weekly newsletter

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  • thanks for linking my tutorial in there ;)

  • Tutorial: Haveno DEX Face-to-Face Fiat to Monero transactions

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  • It's on my todolist yes, i'll try to showcase a dispute with abitrator resolution, a SEPA instant transaction, and also the popular cash in mail