goatmeal

joined 1 year ago
[–] [email protected] 1 points 49 minutes ago (1 children)

that is the big dumb. there are a lot of better options for networks when interacting with USDT like ethereum rollups, polygon, solana, even the liquid sidechain is nice and cheap to send USDT. it is very easy to get any kind of money on these networks and change it to USDT. a lot of liquidity can be accessed this way. but if I'm stuck with just ethereum mainnet and tron, it's more expensive for me to get USDT and send it over.

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

does it really matter if I send USDT on ethereum L1 or tron? can't I just get written approval from my counterparty to use any other network for USDT? they can all be verified by an arbitrator if the need arises. it shouldn't matter.

[–] [email protected] 1 points 6 days ago

there may be support for L2 networks soonish. the best you can hope for is a L2 copypaste of some other smart contract network at some point in the far future if anyone even cares enough.

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

reminds me of when bitcoin people used to say "nobody ever got prosecuted via blockchain analysis" and they wouldn't stop saying that until it happened. they sometimes learn through experience but that's about it.

[–] [email protected] 1 points 1 month ago

I am actually going to end up using bisq2 to buy bitcoin via a reputation-based interaction, turn it into some monero on probably bisq1, and then use the monero to start interacting with haveno. it's way too many steps and fees but it saves me from ever doing any KYC.

[–] [email protected] 0 points 1 month ago (1 children)

a reputation-based trade should still happen inside the DEX. that way the trade can contribute to the seller's reputation score. bypassing it with a simplex contact would not let the DEX see that a trade actually happened.

 

I am looking at haveno-reto and it has the exact same problem I had with bisq. in order to buy monero on haveno, you have to already have some monero, so you can do a security deposit. so haveno helps to reduce the number of times you have to interact with a CEX or KYC yourself, but it doesn't completely eliminate it. you may still have to do it at least once, like buying some litecoin on a CEX and changing it to some monero. I'd rather start clean with no KYC and it's very important to me.

what I am still trying to wrap my head around is, on localmonero and even localbitcoins it was possible for a person to buy coins without already having any. there were always some sellers who would let you send maybe a couple hundred bux even if you had no account history or anything, and there was never a deposit or collateral. they would still send you coins in return as long as they got the cash.

someone told me that bisq and haveno can't have this because then people will just initiate orders they have no desire to fulfill, as a form of spam attack that locks the seller's coins for a time, and that this is insurmountable without making the security deposit mandatory. but if localbitcoins and localmonero ran fine for years without this being a breaking problem, why isn't it possible on bisq and haveno? and why can't there be some other way to prevent spam like forcing the user to submit shares to a mining pool to prove that they are earnest? proof of work was invented to prevent spam.

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

have you tried doing it on whonix

[–] [email protected] 8 points 5 months ago

when we try to build our own financial system this makes certain kinds of ordinary people really mad for a lot of dumb reasons. they haven't been told that they are allowed to think it's cool yet

[–] [email protected] 2 points 5 months ago

terra required too much manual intervention and also aimed to maintain a USD peg. RAI and pureDAI aren't supposed to be like that. so I wouldn't be so pessimistic. I think there is still a way to do it.

[–] [email protected] 1 points 6 months ago (1 children)

when are you going to set up a website on tor or i2p so I can download the binaries from there

[–] [email protected] 1 points 6 months ago (1 children)

can you write a cash in mail tutorial

[–] [email protected] 1 points 6 months ago

is it normal for it to never stop having the yellow indicator

view more: next ›