the backlog of this room ffs lol.

Monero Soap Opera Workgroup.

<r​brunner7:monero.social> Monero Soap Opera Workgroup: wonderful.

<a​js_:matrix.org> ahead of Monero Community meeting, please be sure to comment on MoneroKon proposal repo.getmonero.org/monero-project/ccs-proposals/-/merge_requests/415

<a​js_:matrix.org> this is a community lead initiative, so your feedback is important

<a​js_:matrix.org> comments, suggestions, critics welcomed

single-member LLC gets an automatic downvote from me

if we're going to keep yakking about decentralization we should at least show some minimal effort

this single-member LLC is one too many: monero-project/meta #730

<a​js_:matrix.org> single member LLC is being considered to save on costs and complexity. i am gathering additional quotes from other law firms to try to find a cheaper option for forming a non-profit association

<1​23bob123:matrix.org> is the cost difference huge?

<1​23bob123:matrix.org> also i agree with geonic

<1​23bob123:matrix.org> 😬

<o​frnxmr:monero.social> For what reason

<o​frnxmr:monero.social> Monerokon prague isnt decentralized

<o​frnxmr:monero.social> why would an llc pretend to be?

<a​js_:matrix.org> around 6k eur for LLC vs 15k eur + 4k yearly reoccurring expenses for an Assocation

<o​frnxmr:monero.social> monero-project/meta #730#issuecomment-1236358541

<a​js_:matrix.org> all directors need to do KYC

<o​frnxmr:monero.social> And geonic held 25k

<a​js_:matrix.org> minimum 1 for LLC, 3 for non-profit

<o​frnxmr:monero.social> I trust ajs more than geo

<o​frnxmr:monero.social> Rotten, youre wack. #offtopic

<o​frnxmr:monero.social> Go read where _you_ entered, and _every_ message youve contrubuted, then stfu

<o​frnxmr:monero.social> does geo want to be on llc?

<o​frnxmr:monero.social> then i recommend him ajs and msvb

<o​frnxmr:monero.social> Otherwise, just ajs is fine.

<o​frnxmr:monero.social> But single/same signer(s) for wallet too

<o​frnxmr:monero.social> No reason llc should be responsible for anything not decided by those who will be held responsible

<o​frnxmr:monero.social> No reason llc should be responsible for anything decided by those who will not be held responsible**

<o​frnxmr:monero.social> I agree with siren, not geonic

<o​frnxmr:monero.social> matrix.to/#/!gclBVGbCMQJYuMOAYr:mon…cial&via=matrix.org&via=libera.chat

<a​js_:matrix.org> geonic: how would you suggest structuring it?

<o​frnxmr:monero.social> Yeah, who should be responsible for monerokon embezzling funds for msvb's to profit from private ventures?

I liked it when you and dadajo were on board as well

^ ajs_

<o​frnxmr:monero.social> Geonic, mb isnt the sole leader anymore

<o​frnxmr:monero.social> Mb isnt on board anymore

<o​frnxmr:monero.social> Ccs wasnt updated to reflect that

<o​frnxmr:monero.social> s/leader/bagholder

<a​js_:matrix.org> i am leaning towards LLC for my tendency to keep things simple and minimize costs, but I am not opposed to setting up a non profit with multiple directors

<a​js_:matrix.org> the community has shown the ability to raise funds, so costs should not be a limiting factor

<o​frnxmr:monero.social> Also should update to show the new choices of law firms

LLC could have multiple directors as well if the cost difference is significant

what’s the currently proposed structure then?

<o​frnxmr:monero.social> Last i saw regarding llc, was ajs would be sole director and wallet holder

<o​frnxmr:monero.social> Its not a lot of money, and effectively no different than last yr.

do we have 2 more willing directors

<a​js_:matrix.org> right now, just 1

<o​frnxmr:monero.social> 2 if you count niocs cat

<a​js_:matrix.org> a criticism of LLC is that it is technically "for profit"

<o​frnxmr:monero.social> Llc vs non profit doesnt defint your accounting books

<m​onerobull:matrix.org> also that going the monero route would be even cheaper

<a​js_:matrix.org> but if the concern is about decentralization, LLC could have more directors np

<o​frnxmr:monero.social> Paying "staff members"/organizers massive orofit margins in a non profit, is likely illegal af

<a​js_:matrix.org> it would be cheaper than association

I’m more concerned about decentralization. non-profits can lie and cheat just like LLCs. it’s not a silver bullet

<o​frnxmr:monero.social> so who wants to be director of a non orofit that lies and cheats?

<o​frnxmr:monero.social> Msvb, geonic and ajs, maybe

what did ajs do to you now?

<a​js_:matrix.org> a 3rd option has been proposed which is more hard core

<o​frnxmr:monero.social> (tried to) Use mb as a shield

<m​onerobull:matrix.org> the based option

<a​js_:matrix.org> no LLC, no Association, don't pay taxes, no banks, outsource invoicing if needed, Monero only option

<o​frnxmr:monero.social> Perhaps i missed option 3, reminder?

<o​frnxmr:monero.social> The llc doesnt have to be tied to monerokon

<c​trej:matrix.org> USB drives have poor random IO, which is critical for blockchain access. A better option would be a 2230 SSD with a USB3 10Gb/s adapter. Not ideal, but a hell of a lot better then the trash msvb was talking about.

<o​frnxmr:monero.social> But yeah, that "outsourcing invoicing"

<m​onerobull:matrix.org> image.png

<c​trej:matrix.org> can you and your friends pls move to #monero-corpo thanks

<a​lpharabius:matrix.org> That's my alt bro

<m​onerobull:matrix.org> he died for nothing 💢

<1​23bob123:matrix.org> Appeal conviction?

<o​frnxmr:monero.social> No!

<o​frnxmr:monero.social> Bridgerton not allowed in resolutions (probably)

<1​23bob123:matrix.org> Google playservice sandboxed

<p​umanero:matrix.org> So I was looking for ways to get involved, and I saved the 'farcaster meeting' in my calendar, but I honestly don't remember what it is or where to find it lol

<p​umanero:matrix.org> How bad is it if I accidentally trigger my yubikey nano and send the OTP code in chat.... asking for a friend...

183756

oops

<p​umanero:matrix.org> cccccbhugrceeddrgrcvereeblttdvgldkfjekllgfhi

<p​umanero:matrix.org> oops

<p​umanero:matrix.org> It's not my static password, thank god, but it makes me worry lol

isn't it dead in the water, some 30 seconds later?

<p​lowsof:matrix.org> MoneroTran #monero-offtopic:monero.social

farcaster stuff is in #monero-swap afaik

<v​ikrants:monero.social> Looks like we are getitng a VERY good turnout for the Nov 2 Monero Meetup in Chicago featuring Justin Berman and Luke Parker. We will also be giving out merch and monero! Food and drinks of course are always provided!

🍕🍺

<v​ikrants:monero.social> Yepp Pizza and Beer is our go to choice

<s​omeoneelse495495:matrix.org> stop...

<s​omeoneelse495495:matrix.org> not everyone can fly to other continent yk...

<s​omeoneelse495495:matrix.org> stop having fun /s

<m​onerobull:matrix.org> theres another meetup with pizza and beer in germany soon

<m​onerobull:matrix.org> also sponsored by cake :)

what about dessert?

<s​iren:kernal.eu> maybe someone would like to sponsor Lithuania meetups?

Congratulations vikrants on the good planning for Chicago.