libera #monero

9 Feb 2023

[XMR] Be excellent to each other and welcoming to newcomers || getmonero.org || Dev: #monero-dev || Pool related: #monero-pools || Price chat: #monero-markets || People can & do log this channel

• 00:24
  L29Ah
  parimutuel betting when?
• 03:44
  tulips[m]
  anybody have a recommendation for android emulators
• 03:44
  tulips[m]
  i want to install telegram and use an android emulator instead of my phone to make the account
• 03:45
  fmda1[m]
  Bluestacks works well
• 03:46
  tulips[m]
  fmda1[m]: theres no install for linux
• 05:06
  normie63[m]
  why do you guys think .gov allows monero to continue and not make it go the way of tornado cash? what is so robust about monero?
• 05:18
  bridgerton[m]
  <kemosabe> utility & throughput
• 05:30
  normie63[m]
  cant they just round up the devs if they want?
• 05:33
  exist[m]
  many are anonymous
• 05:33
  ofrnxmr[m]
  Free software
• 05:34
  ofrnxmr[m]
  N a lot, maybe most are far from anonymous
• 05:34
  ofrnxmr[m]
  Did you think they'd make a cbdc by themself? They need us, for now
• 05:35
  ofrnxmr[m]
  And comparing to tornadocash is apples to horses
• 05:35
  ofrnxmr[m]
  Tornado cash is a money laundering service, monero is money
• 05:35
  normie63[m]
  interesting, i agree and I think that explains BTC development.
• 05:36
  normie63[m]
  Ive long since thought BTC blockchain is the beta test for cbdc
• 05:36
  normie63[m]
  its an open ledger for Fs sake
• 05:38
  normie63[m]
  agreed, seems to me that if/when monero hits mainstream adoption, it will be considered counterfit and/or tax avoidance to scare users away and penalize.
• 05:39
  normie63[m]
  not fud, just my obeservation as an advocate
• 05:40
  normie63[m]
  They do indeed need you for now. What happens when they no longer need you? classic case of entrapment perhaps
• 05:41
  DanIsnotthemanBr
  ones a service and one is cash
• 05:41
  ofrnxmr[m]
  Also, they will attack when there are biggwr fish to fry
• 05:42
  ofrnxmr[m]
  Why attack a coin worth 0.5% of USA military budget
• 05:43
  normie63[m]
  perhaps because the encryption is persumably unbreakable, untraceable.
• 05:44
  normie63[m]
  they dont like encryption as we've seen
• 05:45
  ofrnxmr[m]
  Nothing to do with encryption
• 05:45
  DanIsnotthemanBr
  also found out on monerotalk that tornadocash is a client of coinbase
• 05:45
  ofrnxmr[m]
  They could ddos development with a few bots
• 05:45
  ofrnxmr[m]
  You dont show your hand early, you crush them when they think they've won
• 05:46
  normie63[m]
  you mean bug the code?
• 05:46
  ofrnxmr[m]
  Why go on a war against crypto when they can just come for the survivors after the war?
• 05:47
  ofrnxmr[m]
  No, I mean a 700b yearly military budget means less than 1% of it can hire 100x our developer codebase and buy all of the monero on every exchange
• 05:49
  normie63[m]
  yeah perhaps they can utilize such a privacy coin for laundering to ukraine etc
• 05:49
  ofrnxmr[m]
  If the government release a cdbc tomorrow, and it was an exact copy of monero, difference being that it it not mined / it is centralized.
• 05:49
  ofrnxmr[m]
  Do you think regular people would use monero?
• 05:49
  cockliuser[m]
  Use the reply function not the thread one 😅
• 05:50
  normie63[m]
  > <@ofrnxmr:monero.social> If the government release a cdbc tomorrow, and it was an exact copy of monero, difference being that it it not mined / it is centralized.
• 05:50
  normie63[m]
  >
• 05:50
  normie63[m]
  > Do you think regular people would use monero?
• 05:50
  normie63[m]
  yes, normies would use whatever theyre told to use
• 05:50
  ofrnxmr[m]
  Theyd use whatever they get from their employer and can spend at the store.
• 05:50
  ofrnxmr[m]
  Why attack monero, when we can wrote all of govs code for them, then just fade into obscurity ?
• 05:51
  normie63[m]
  monero wont be used as cbdc , its not programmable
• 05:52
  cockliuser[m]
  > <@ofrnxmr:monero.social> Theyd use whatever they get from their employer and can spend at the store.
• 05:52
  cockliuser[m]
  >
• 05:52
  cockliuser[m]
  > Why attack monero, when we can wrote all of govs code for them, then just fade into obscurity ?
• 05:52
  cockliuser[m]
  Why would the government make a private CBDC though? Kind of destroys the whole point of making a CBDC
• 05:53
  ofrnxmr[m]
  Because fiat is private?
• 05:53
  cockliuser[m]
  Cash is still traceable, and it's hard to move large amounts around
• 05:53
  ofrnxmr[m]
  People use Bitcoin so much they forgot that traditional finance is private
• 05:53
  ofrnxmr[m]
  Centralized, but private
• 05:54
  ofrnxmr[m]
  Government Monero, of course banks and government would hold full copy of your keys
• 05:55
  ofrnxmr[m]
  But people transitions from visa to government monero, dont see any drawbacks
• 05:55
  cockliuser[m]
  ofrnxmr[m]: But why Monero then, why not something like Nano
• 05:55
  ofrnxmr[m]
  We here in this room made a choice
• 05:56
  ofrnxmr[m]
  The government doesnt need shitcoins
• 05:56
  ofrnxmr[m]
  They need a replacement for traditional finance
• 05:56
  normie63[m]
  i read someplace that gov may use XRP/Ripple
• 05:56
  normie63[m]
  for cbdc
• 05:57
  ofrnxmr[m]
  Our goal is the same as theirs, only ours is already distributed
• 05:57
  ofrnxmr[m]
  Aka governments like USA would never adopt monero if the supply wasnt already owned by them
• 05:57
  ofrnxmr[m]
  normie63[m]: Dont male me laugh
• 05:57
  ofrnxmr[m]
  Thats just fud to get dummies to focus on shitcoins
• 05:57
  cockliuser[m]
  ofrnxmr[m]: Yeah but the main point of Monero is privacy and it wouldn't make sense for the government to use a private currency while keeping custody of keys instead of just opting for a public ledger
• 05:58
  normie63[m]
  ofrnxmr[m]: seriously, XRP is being held up in SEC to keep the plebs from buying in
• 05:58
  ofrnxmr[m]
  How do you figure?
• 05:58
  ofrnxmr[m]
  Public ledgers arent money
• 05:58
  ofrnxmr[m]
  A public ledger cbdc isnt money either
• 05:58
  ofrnxmr[m]
  Its a damn joke
• 05:58
  ofrnxmr[m]
  The cdbc WILL be private
• 05:58
  ofrnxmr[m]
  At least, private between parties
• 05:59
  cockliuser[m]
  A public ledger in custody of the government would be private
• 05:59
  normie63[m]
  fedcoin design docs are out there, should give some indication of intention
• 05:59
  ofrnxmr[m]
  Monero gets banned because it is a real competitor to their future reserve
• 05:59
  ofrnxmr[m]
  normie63[m]: Yea
• 06:00
  ofrnxmr[m]
  They quote Monero devs lol
• 06:00
  cockliuser[m]
  Arguably, Banks are public ledgers though and they're private between parties
• 06:00
  ofrnxmr[m]
  Imagine using Bitcoin mainnet with your bank
• 06:00
  ofrnxmr[m]
  Yeah right
• 06:01
  DanIsnotthemanBr
  put cbdc nft in the block
• 06:01
  normie63[m]
  the nft will be your digital id
• 06:02
  normie63[m]
  value will be based on your social credit score
• 06:02
  ofrnxmr[m]
  Mine is 0
• 06:02
  normie63[m]
  sounds plausible
• 06:02
  normie63[m]
  no?
• 06:03
  ofrnxmr[m]
  Social credit score, that is. Theyll need to figure out what to do with me
• 06:03
  normie63[m]
  off to the gulags
• 06:03
  ofrnxmr[m]
  Probably make me their leader, if they know whats good for them 👑
• 06:03
  DanIsnotthemanBr
  ofrnxmr[m]: re-education
• 06:03
  normie63[m]
  squid games
• 06:03
  ofrnxmr[m]
  DanIsnotthemanBr: They'll come out as my new alts
• 06:04
  DanIsnotthemanBr
  tbh hope its "deathrace"
• 06:07
  ofrnxmr[m]
  Is that a foot race?
• 06:08
  DanIsnotthemanBr
  piped.kavin.rocks/watch?v=C8bxcJZrus0
• 06:15
  idkrn[m]
  Why didn't you link the original one
• 06:15
  DanIsnotthemanBr
  that is the og movie
• 06:17
  idkrn[m]
  🤨
• 08:29
  WinterStar
  I have a multipart question concerning Monero:
• 08:30
  WinterStar
  For a currency to be useful, it needs not only to be generally accepted as a currency, but also obtainable (e.g. by normies)
• 08:31
  WinterStar
  I presume we probably all agree that the proper method of obtaining and maintaining a privacy centric cryptocurrency is through mining, not purchase from a third party
• 08:32
  WinterStar
  However, will the mining difficulty in and of itself not stand in the way of broad availability of in this case Monero, and therefore ultimately also its acceptance?
• 08:36
  sech1
  Difficulty is self-balancing. If it gets too hard to mine, some miners will stop and difficulty will reduce.
• 08:37
  sech1
  So as long as you have an efficient hardware (Ryzen 3000/5000/7000) and low or no electricity costs, you're fine.
• 12:00
  bridgerton[m]
  <kemosabe> i don't think most people agree with this. not everyone can earn their entire living through mining because that would mine the currency would have to be inflationary.
• 12:00
  bridgerton[m]
  the primary means of obtaining is through labor. the same way most people earn money today. people need to seek jobs and/or businesses that provide XMR
• 13:12
  bridgerton[m]
  <kemosabe> "proper method of obtaining and maintaining a privacy centric cryptocurrency"
• 13:12
  bridgerton[m]
  the primary goal is to become the primary currency. there's no need to buy with fiat at that point.
• 13:15
  monerobull[m]
  if anyone has the balls to use morphswap and has a bunch of btc lying around, i dare you to arb it
• 13:15
  » monerobull[m] uploaded an image: (14KiB) <libera.ems.host/_matrix/media/v3/do…EQuOutYwkNxQZGhvihHwyFwj/grafik.png>
• 13:16
  bridgerton[m]
  <kemosabe> the question said nothing about "currently". it asked for the proper way.
• 13:22
  cockliuser[m]
  Buying Monero through a peer is akin to using a currency exchange, I'd argue it is proper
• 13:25
  bridgerton[m]
  <kemosabe> that method depends on fiat remaining the more commonly used currency. that goal is to destroy fiat.
• 13:25
  bridgerton[m]
  s/that/the/
• 13:31
  cockliuser[m]
  Correct me if I'm wrong, by buying Monero, you're creating selling pressure for fiat, essentially contributing to the destruction of fiat
• 13:31
  cockliuser[m]
  * I'm wrong, but by buying
• 13:59
  bridgerton[m]
  <kemosabe> not wrong, but it's not sustainable if fiat dies, which is the entire point.
• 13:59
  bridgerton[m]
  by not using fiat at all, it also dies. and it's sustainable.
• 16:22
  ofrnxmr[m]
  <cockliuser[m]> "Correct me if I'm wrong, by..." <- Wrong
• 16:22
  ofrnxmr[m]
  Fiat is printed to soften thecsellinf pressure
• 17:37
  cockliuser[m]
  But printing fiat decreases its value though, so I don't see how selling pressure would be softened
• 17:37
  nioc
  thecsellinf
• 17:39
  ofrnxmr[m]
  Softened, not eliminated
• 17:41
  bridgerton[m]
  <᷾s> But in softening that selling pressure they're also causing fiat to lose value by increasing its supply
• 17:49
  bridgerton[m]
  <kemosabe> it can't be
• 17:57
  cockliuser[m]
  Ahahaha discord replies don't show up in Matrix either
• 17:57
  cockliuser[m]
  Tit for tat
• 19:04
  DanIsnotthemanBr
  Why use it. Privacy nightmare
• 19:32
  bridgerton[m]
  <᷾s> Some people do, and if you're using the web client it's not that different from a matrix room since all messages are public anyway
• 19:39
  apotheon
  DanIsnotthemanBr: Do you mean Discord?
• 20:01
  MaddieKalan
  Can I delete the last 10 blocks of my monerod or something and make it redownload those? Aparently every peer has been banned and I'm 1 block ahead??
• 20:15
  ofrnxmr[m]
  pop_blocks 10
• 20:16
  ofrnxmr[m]
  --add-priority-node=node.supportxmr.com:18080 --add-priority-node=nodes.hashvault.pro:18080 --enable-dns-blocklist
• 20:16
  ofrnxmr[m]
  These flags should help get good peers
• 20:18
  plowsof11
  good peer have smiley face sir github.com/plowsof/check-monero-seed-nodes
• 20:18
  plowsof11
  is supportxmr online?
• 20:19
  selsta
  MaddieKalan: could be a corrupted blockchain
• 20:19
  selsta
  where do you store the blockchain? which OS are you using?
• 20:20
  MaddieKalan
  HDD (I want to get a big SSD in the future) and artix linux
• 20:24
  ofrnxmr[m]
  <plowsof11> "is supportxmr online?" <- Stolen from p2pool setup guide 👀
• 20:34
  MaddieKalan
  Transaction spends at least one output which is too young
• 20:36
  selsta
  does it properly sync up again afert pop_blocks ?
• 20:36
  selsta
  and are you using an external hdd?
• 20:37
  MaddieKalan
  I ran pop_blocks again and I get a lot of those too young messages, yes the hdd is external.
• 20:38
  selsta
  did you unplug it during sync / use?
• 20:52
  selsta
  your node starting to ban all peers sounds like corrupted blockchain
• 20:55
  Rucknium[m]
  Or old software version
• 20:59
  MaddieKalan
  Ohhh, not that kinda of extrernal hdd, its internal, sorry im dumb and tiered, i should go to sleep
• 21:05
  ofrnxmr[m]
  First
• 21:05
  ofrnxmr[m]
  does the node work now