Posts by TinFoil@freeatlantis.com
(DIR) Post #AQm4aS3yQzXjVtzvFI by TinFoil@freeatlantis.com
2022-12-19T19:34:57Z
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@rosemaxx7 @icare4america That's a different argument though so I don't want to go too far down that rabbit hole too. But..1. Not everyone needs to run a node, but everyone needs to pay fees. Big blocks make it so some people can't run a node. But small blocks make it so everyone has high fees and some people can't use the network. I prioritize low fees. But I understand the argument that everyone should be able to run a node.2. Node pruning and tech advancements make nodes cheaper to run
(DIR) Post #AQm4qakPuffz57XwEi by TinFoil@freeatlantis.com
2022-12-19T19:37:52Z
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@rosemaxx7 @icare4america It's all tradeoffs, but #btc is limiting the network to run on hardware from 2009.. The year Gmail was released..
(DIR) Post #AQm5FUk7NMr3hJHV8C by TinFoil@freeatlantis.com
2022-12-19T19:42:21Z
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@rosemaxx7 @icare4america This info is intact until they spend the money. Once their identity is liked to their #btc address, all past and future transactions and current balances become traceable and known. #moneroFixesThis #monero #xmr
(DIR) Post #AQmE9Z1HSeGIoOYVv6 by TinFoil@freeatlantis.com
2022-12-19T21:22:08Z
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@icare4america @rosemaxx7 Yes, that is a big problem. But that's the cost of freedom. People are free to be idiots and make mistakes.It's pretty obvious which Cryptos are legit.1. Is there an owner or organization running it that makes decisions (easily controlled and manipulated)2. Is there a pre-mine? (Creator can pump ans dump)3. Is it proof of stake (network security controlled by the rich)If the answer is yes to ANY of those points, be weary.#xmr, #btc, #bch
(DIR) Post #AQmEEaMHuWrAPbmBLE by TinFoil@freeatlantis.com
2022-12-19T21:23:02Z
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@icare4america @rosemaxx7 turn it into a miner! 🤣😉
(DIR) Post #AQmEN4jWrTzGw0hAau by TinFoil@freeatlantis.com
2022-12-19T21:24:34Z
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@icare4america @rosemaxx7 Putting my tinfoil hat on, they are using it to track people's spending and they will manipulate the value to destroy people's confidence in crypto so everyone thinks CBDC is their savior.
(DIR) Post #AQmHAXjk13acz8Vhaq by TinFoil@freeatlantis.com
2022-12-19T21:55:56Z
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@icare4america @rosemaxx7 People won't wake up until BRIC (Russia, China, Iran, and Brazil) work out a deal with Saudi Arabia to get off the USD standard. They are all working on it. Once that happens, our $$$'s rush home and our currency becomes worthless overnight. Then there is a chance people will start educating themselves. Or they'll blame trump and throw a tantrum 🤣
(DIR) Post #AQmHf4IDXPMQdxBx0S by TinFoil@freeatlantis.com
2022-12-19T22:01:26Z
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@icare4america @rosemaxx7 BTC is different because it isn't a token created out of thin air (meaning there is no pre-mine). The only thing that the FBI or other bad actors could do would be to infiltrate the developers and make changes to the code that people don't want. So let's pretend that the FBI takes over bitcoin and makes a change that gives 10% to "the big guy". Node operators would not upgrade their software to the new BTC and it dies. They can't take it over or shut it down
(DIR) Post #AQmHs89iUFqgO9RbDE by TinFoil@freeatlantis.com
2022-12-19T22:03:48Z
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@icare4america @rosemaxx7 Musk and Doge is different. Doge has a CEO. It would be very easy for the FBI or a wealthy individual like Musk to influence him and he makes changes to the code. That's why people should stay away from Cryptos that have a single leader that can be corrupted to make massive and detrimental changes
(DIR) Post #AQmMNgIrybXd5b1dlQ by TinFoil@freeatlantis.com
2022-12-19T22:54:19Z
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@icare4america Is your concern that just because the government is involved (in this case they are tracking transactions) means it can't be good for individuals?My challenge there is Tor aka onion browser. Developed by the US military. Completely anonymous and virtually untraceable web browser. They creates it for themselves, but the tech is so private that even the worst criminals use it. Why doesn't the gov shut it down? Because they need it just as much as the criminals lol@rosemaxx7
(DIR) Post #AQmN5JxUPoIUWtpm7s by TinFoil@freeatlantis.com
2022-12-19T23:02:12Z
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@icare4america @rosemaxx7 There are lots of shenanigans being pulled. Lots of leverage (aka gambling), lots of exchanges trading paper crypto. Etc.That's why the house of cards is collapsing right now. If crypto weathers the storm, it will make it stronger. The trick will be to give people confidence that the system works or else they will scurry back to their masters and accept CBDC with open arms
(DIR) Post #AQmYUHK0SGvD5ST9zU by TinFoil@freeatlantis.com
2022-12-20T01:09:58Z
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@StockliRacer @icare4america @rosemaxx7 All great questions. My take:Part 1 of 2BTC has been crippled so it no longer acts as currency. People with a lot of money invested changed the narrative. The real currencies are #xmr and #bch, but their prices are low because they aren't speculated on as much and I think they are both shorted and price manipulated to bring their price down. Time will tell.
(DIR) Post #AQmYwWmaZ5CN9AJD8q by TinFoil@freeatlantis.com
2022-12-20T01:15:05Z
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@StockliRacer @icare4america @rosemaxx7 Part 2 of 2.5Dollars are a measure of how much effort/value someone has produced. Everyone accepts that value because there is a social compact that says it is worth $1. But other than that there is no value (other than the full faith and credit of the US...). Anyone can say they are worthless. Even gold has a higher value than it would as a commodity because people see it's value as a currency. It's value is that it is scarce, supply relatively fixed.
(DIR) Post #AQmZltWllA12SQP3Am by TinFoil@freeatlantis.com
2022-12-20T01:24:22Z
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@StockliRacer @icare4america @rosemaxx7 Part 2.5 of 2.5#Crypto has value because people give it value. Many people see value because it is scarce and the rules can't be changed based on political corruption. When I send you 1 #xmr, you know for a 100% fact that I owned that #xmr, it is real, and now you own it. You don't need a bank to confirm how much you own or facilitate who you can send money to. The laws if math do. The value is how much people perceive that is worth (which is a lot)
(DIR) Post #AQnWipBJMAAfPBAdWa by TinFoil@freeatlantis.com
2022-12-20T12:24:54Z
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@StockliRacer @cjd @icare4america @rosemaxx7 Another good question. If the internet goes down, your #Crypto still exists and it will be there waiting for you when it turns back on. You also wouldn't have access to credit cards, even stores probably wouldn't be able to accept cash.. If the internet is down locally, you can sign a tx offline and send it through a mesh network where it will hop until it gets to someone with an internet connection.If just you are banned, use a Tor network.
(DIR) Post #AQnWr9zTs8tsGCbzMW by TinFoil@freeatlantis.com
2022-12-20T12:26:25Z
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@StockliRacer @cjd @icare4america @rosemaxx7 Here's a couple example technologies:https://locha.io/https://txtenna.com/But you are right, if the global internet is destroyed like with an EMP, you're better off bartering. But I don't think I'm going to want your gold and silver. I'll probably take beans or bullets.
(DIR) Post #AQnjTpTlGapNO8yr1E by TinFoil@freeatlantis.com
2022-12-20T14:47:50Z
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@rimugu Here is the link for anyone interestedhttps://amidwesterndoctor.substack.com/p/the-most-important-dataset-of-the
(DIR) Post #AQrpVoCGNiRsLdxkHo by TinFoil@freeatlantis.com
2022-12-22T14:02:47Z
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@demitasse @icare4america @rosemaxx7 They can't stop people from sending crypto to each other, that's what I mean by censorship proof.#monero is what normal pick think bitcoin is. It is private and you can't tell how much people have, who sends it, who they send it to, how much they send, etc.Bitcoin is a surveillance coin. The problem with bitcoin is that even though I can send it wherever, that tx is public which results in it being seized or deplatformed.
(DIR) Post #AQrpXeurrDrg8zhydc by TinFoil@freeatlantis.com
2022-12-22T14:04:41Z
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@demitasse @icare4america @rosemaxx7 If a company launches a token and sells them to make cash, the SEC defines them as securities. I'm not saying they should be, but currently that's what they are.But even with that definition, I don't think even the SEC can classify Monero as a security. That was my point
(DIR) Post #AQsoD1NXF4X2vsfl9U by TinFoil@freeatlantis.com
2022-12-23T01:34:25Z
1 likes, 1 repeats
@rosemaxx7 @demitasse @icare4america None of that would be possible with Monero