04:19:28 the backlog of this room ffs lol. 04:20:15 Monero Soap Opera Workgroup. 06:01:23 Monero Soap Opera Workgroup: wonderful. 06:13:19 ahead of Monero Community meeting, please be sure to comment on MoneroKon proposal https://repo.getmonero.org/monero-project/ccs-proposals/-/merge_requests/415 06:14:05 this is a community lead initiative, so your feedback is important 06:14:35 comments, suggestions, critics welcomed 06:26:43 single-member LLC gets an automatic downvote from me 06:29:38 if we're going to keep yakking about decentralization we should at least show some minimal effort 06:33:48 this single-member LLC is one too many: https://github.com/monero-project/meta/issues/730 06:44:37 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 06:46:13 <123bob123:matrix.org> is the cost difference huge? 06:46:28 <123bob123:matrix.org> also i agree with geonic 06:46:48 <123bob123:matrix.org> 😬 06:47:30 For what reason 06:47:39 Monerokon prague isnt decentralized 06:48:10 why would an llc pretend to be? 06:49:20 around 6k eur for LLC vs 15k eur + 4k yearly reoccurring expenses for an Assocation 06:49:21 https://github.com/monero-project/meta/issues/730#issuecomment-1236358541 06:50:09 all directors need to do KYC 06:50:40 And geonic held 25k 06:50:45 minimum 1 for LLC, 3 for non-profit 06:50:52 I trust ajs more than geo 06:52:10 Rotten, youre wack. #offtopic 06:52:52 Go read where _you_ entered, and _every_ message youve contrubuted, then stfu 06:55:55 does geo want to be on llc? 06:55:56 then i recommend him ajs and msvb 06:56:13 Otherwise, just ajs is fine. 07:00:02 But single/same signer(s) for wallet too 07:00:59 No reason llc should be responsible for anything not decided by those who will be held responsible 07:01:31 No reason llc should be responsible for anything decided by those who will not be held responsible** 07:02:16 I agree with siren, not geonic 07:02:31 https://matrix.to/#/!gclBVGbCMQJYuMOAYr:monero.social/$ibjIpsFmKZq-RKBYzarAhsg24vpG5yKXO0ovSObcask?via=monero.social&via=matrix.org&via=libera.chat 07:14:34 geonic: how would you suggest structuring it? 07:17:09 Yeah, who should be responsible for monerokon embezzling funds for msvb's to profit from private ventures? 07:23:35 I liked it when you and dadajo were on board as well 07:23:51 ^ ajs_ 07:26:02 Geonic, mb isnt the sole leader anymore 07:26:12 Mb isnt on board anymore 07:26:22 Ccs wasnt updated to reflect that 07:27:25 s/leader/bagholder 07:28:25 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 07:29:41 the community has shown the ability to raise funds, so costs should not be a limiting factor 07:29:51 Also should update to show the new choices of law firms 07:31:15 LLC could have multiple directors as well if the cost difference is significant 07:31:31 what’s the currently proposed structure then? 07:32:09 Last i saw regarding llc, was ajs would be sole director and wallet holder 07:32:38 Its not a lot of money, and effectively no different than last yr. 07:33:17 do we have 2 more willing directors 07:34:12 right now, just 1 07:34:42 2 if you count niocs cat 07:35:06 a criticism of LLC is that it is technically "for profit" 07:35:27 Llc vs non profit doesnt defint your accounting books 07:35:37 also that going the monero route would be even cheaper 07:35:54 but if the concern is about decentralization, LLC could have more directors np 07:35:55 Paying "staff members"/organizers massive orofit margins in a non profit, is likely illegal af 07:36:19 it would be cheaper than association 07:36:53 I’m more concerned about decentralization. non-profits can lie and cheat just like LLCs. it’s not a silver bullet 07:37:20 so who wants to be director of a non orofit that lies and cheats? 07:37:26 Msvb, geonic and ajs, maybe 07:37:48 what did ajs do to you now? 07:37:52 a 3rd option has been proposed which is more hard core 07:38:12 (tried to) Use mb as a shield 07:38:21 the based option 07:39:25 no LLC, no Association, don't pay taxes, no banks, outsource invoicing if needed, Monero only option 07:39:25 Perhaps i missed option 3, reminder? 07:40:05 The llc doesnt have to be tied to monerokon 07:40:46 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. 07:40:55 But yeah, that "outsourcing invoicing" 07:43:48 image.png 09:28:11 can you and your friends pls move to #monero-corpo thanks 10:14:13 That's my alt bro 10:29:32 he died for nothing 💢 10:58:14 <123bob123:matrix.org> Appeal conviction? 10:58:50 No! 10:59:05 Bridgerton not allowed in resolutions (probably) 11:02:01 <123bob123:matrix.org> Google playservice sandboxed 16:38:48 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 17:54:15 How bad is it if I accidentally trigger my yubikey nano and send the OTP code in chat.... asking for a friend... 17:56:09 183756 17:56:10 oops 17:56:24 cccccbhugrceeddrgrcvereeblttdvgldkfjekllgfhi 17:56:30 oops 17:56:56 It's not my static password, thank god, but it makes me worry lol 17:59:53 isn't it dead in the water, some 30 seconds later? 18:10:06 MoneroTran #monero-offtopic:monero.social 19:08:55 farcaster stuff is in #monero-swap afaik 20:15:32 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! 20:16:46 🍕🍺 20:18:13 Yepp Pizza and Beer is our go to choice 20:21:34 stop... 20:21:36 not everyone can fly to other continent yk... 20:21:55 stop having fun /s 20:36:18 theres another meetup with pizza and beer in germany soon 20:36:19 also sponsored by cake :) 20:36:54 what about dessert? 20:40:15 maybe someone would like to sponsor Lithuania meetups? 21:10:00 Congratulations vikrants on the good planning for Chicago.