[-] [email protected] 4 points 9 months ago

Monero does instant transactions, visa is proof of stake. They are unrelated things with different uses in mind. I don't understand how you compare the two. What can you do with oxen?

[-] [email protected] 4 points 9 months ago* (last edited 9 months ago)

We used to have that for a while, a few years back, and it was great. They dropped it though shortly after because aBuSe. They thought we wouldn't abuse it for some reason.

It was supposed to be a one time code for YOU to withdraw withoud having to bring a card BTW, not other people.

[-] [email protected] 5 points 9 months ago

It sounded interesting to me too (initially) don't get me wrong. It can supposedly be melted, it can also get damaged pretty easily and most importantly, there is no way of verifying I'm buying what is being advertised.

The FAQ is all marketing and nothing of value, have a look. The "can it be faked" part gives it all away. There's nothing to do with gold, you trust the company and their "patented technology".

More options are always better, this is not one.

[-] [email protected] 4 points 9 months ago

It feels more like a scam than an innovative form of money. I'm not sold on the intrinsic value of a few snowflakes of gold, assuming they are there in the first place.

I've been keeping an eye since the beginning and I can't say I've seen interest growing. Other than the occasional 5 dolar novelty gift, you have to wonder what's wrong with coins? They are easy to verify and way more durable. What is the innovation here? The need to trust an issuer?

[-] [email protected] 4 points 10 months ago

Hence the "may already..." depending on use case obviously. You can't really recommend anything to someone who may be at risk, certainly not Signal. Not that I have anything against Signal (I use it daily and have been for years) but anonymous it isn't, not in big part of the world anyway.

[-] [email protected] 8 points 11 months ago

The short answer is you can't. Hold small amounts so fluctuations don't bother you that much. USDT (any stablecoin for that matter) is only stable until it isn't.

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

There's not a single mention of an exchage? WTF? Bank shut me off, I've been screwed by crypto?

9
submitted 1 year ago by [email protected] to c/[email protected]

Looks like we're having a new book!

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

Nanopool of all pools. As far as I can tell both moneroocean and nicehash are still mining zephyr, we've lost some hashes there, on top of low price and high electricity costs for many, heat waves for many others... all in the middle of August when "nobody" is watching. Looks like a potential perfect storm.

Still, I would bet my ass THEY are still asleep. 51% attack makes no sense other than damaging the network. No gains to be made for any participants, zero incentives.

[-] [email protected] 3 points 1 year ago* (last edited 1 year ago)
[-] [email protected] 4 points 1 year ago

The only real advantage I see is redundancy. Other than that, people already mining in a shared pool have no reason to move. Some of them will, eventually.

Not counting special cases like algo switching and various payment scheme pools that may be attracting miners for a number of different reasons.

[-] [email protected] 6 points 1 year ago

Let's hope when he said monero he really meant monero and when he said wallet he really meant wallet this time. What an expensive way of learning, especially in Argentina.

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IP2

joined 1 year ago