Oh wow, it’s already funded xD

Important milestone that needs to be researched for FCMPs. Let’s hope they find a proof!

Why should it? If I want to send money to a person, that’s noone’s business except mine and of the person receiving it.

Why should the goverment stop at the point where they can see your incoming balance? They probably gonna outlaw it completely.

If you still believe a monopoly on force (aka goverment) is A: warranted and/or B: needed I can’t really help you.

The state is the biggest threat to our liberty and well being. Monero is here to help us get rid of it (or to just get our well deserved freedom back).

They’re going to introduce their CBDCs so they’re able to see every transaction (in- and outgoing). To automatically deduct taxes and block you from transacting completely if you don’t comply.

Fair point. The market will find a equilibrium between electricity costs and mining reward. Also compared to the current banking system miners will probably move their business mostly to locations where energy is cheap and highly available.

While I agree that a transaction is mostly the business involving the two parties transacting, they still need to adhere to the network rules. And that’s were the miners step in. They don’t care which two persons are transactig as long as they pay for it and it’s in general a valid transaction (according to the network rules).

As far as I know PoW leads to more decentralization (especially in combination with ASIC resistance) and therefore a more secure network. Energy efficiency comes through advancements in chip manufacturing.

Great read! Keep the good work up please. Thank you! :)

Yeah that experience doesn’t sound too great. I think with allark they don’t ask for a name and email, but the fee might be higher (as last time I checked their XMR price was lower than the rates I found elsewhere)

Which service did you try? I never tried these, but those come to my head first https://allark.app/ https://coincards.com/

If you want to shop at amazon there’re also https://monezon.com/ and https://peershop.app/

I didn’t know that. Thank you for sharing!

great article! Only thing I add would be the app grayjay as an alternative to newpipe :)

I would say yes. You download the app (playstore, appstore or fdroid), install it. Then on first time opening it you need to choose a pin for the app and an username for your first profile. Then you can start chating. The gui is pretty similar to signal. And it works pretty good so far. I had problems with calls last time I tried (but a few month back it worked).

As long as the NFTs don’t get saved onto the monero blockchain I’m fine with the idea :) (honestly I really don’t care about NFTs)

https://primal.net/e/note1p8xmq3zr7lgryal45j562eqg9q4gyzq0hz37j7ac4sjecpg28qxspxq6m0

Another full node selfhoster here. I did not notice any problems for me (except some transactions taking some time for confirmations), but I tried to onboard someone earlier and wondered why his freshly installed cake wallet acted weird. You might be onto something about official/public full nodes being overwhelmed or something.

I agree blockchain growth could become a problem someday. I think it’s not right now and it probably won’t be in the next few years (as @monerobull already pointed out).

I’d recommend watching this monero talk episode, because near the end Luke Parker (kayabaNerve) talks about what’s next for monero after seraphis/jamtis. And to me it sounded like there is a solution for the blockchain growth problem in there (nova or what it’s called?). https://www.youtube.com/watch?v=GhNljgiQKp8

I think for now full chain membership proofs are one of the most important things for us (i.e. fixing the weakest link in the system aka ring signatures). After that we’re mostly set on privacy and focus on other things like blockchain growth/accessability etc. (which seraphis/jamtis also tackles).

About the currency and store of value topic: In the literature it’s often said money or a currency has three functions -> store of value, transfer of funds and unit of accounting. Thorsten Polleit argued in one of his latest books that these three functions actually can be condensed into a single one -> transfer of value. Store of value is just a transfer of funds through time. And unit of accounting is just that a business wants to pick the most liquid exchangeable good which circles back to transfering funds effectively and efficiently.

If you’re now saying monero should be aiming for becoming the best currency, but not a store of value, you limit it’s capability as a currency as transfering value (through time) is the fundamental function of a currency.

So we need to find a technical solution to that problem without compromising on the currency aspect.

So to wrap up, I appreciate your input as I agree, we need to always keep the shortcomings of monero in mind and work on improving them. I think the discussion around and permanent reevaluation of monero is one of the things that made it what it is today and if we can keep the spirit going it’s what it’ll make it successful in the future too :)

Okay fair enough. But selling XMR through localmonero.co doesn’t seem that complicated. Or allark.app.

Can I ask, in what way are you affected by the delisting?

Also writing one email isn’t brigading I would say.

I don’t think you know what features are needed for sound money. You might want to read about austrian economics to get a better understanding of this.

I want to sell everything and buy as much XMR as I can xD