is paying with giftcards using monero more private compared to cash?

some mobile wallet help irl transaction by offering giftcards i believe is between cake or monero.com

mlcboss[m]: No, it's not likely to be more private than using cash, if you're doing all your purchasing in person.

das rite, the advantage of xmr is to pay remotely for things

* for things, while still preserving anonymity

das rite sistah

Cash is great for localhost, and it work without internet

RavFX[m]: I've though about Qubes yest and for all intents and purposes I consider it an undeniably superior upgrade to the way we work on our devices. Being able to segment projects and technological requirements across multiple machines sounds amazing and totally support it

Despite limitations when it comes to hardware accel etc.

highfive[m]: Yeah, activity segregation always been the way.

Qubes force you to do it and do it better imo.

yes, very good observation

I was wondering why monero dont have upper limit like bitcoin

I went pro bitcoin because of concept of Hard money

limited supply stuff made sense

That's not really what XMR was designed for though

what is inflation rate of monero per year?

so its is mind already and howong will tail emissions last??

I guess most influencers like saylor or nik bhatia or saifdean etc are pro bitcoin because of 21 million.

but even though monero dont have limited supply its still more scarce than btc for a long time right?

Price is irrelevant with XMR though. It's not really about storing value. There are plenty of coins with that aim

Inflation is 0.86% p2pool.io/tail.html

ternee: people outside America or europe not using USD or Euro need store of value much more than privqcy

why cant we have both?

The tail emission only lasts as long as you live

nioc: didn't get it

It continues forever so Monero is secured by miners forever. If miners are not paid, the chain will be 51% attacked easily.

They can. But that's not what XMR is. If you want something like you're suggesting you be better looking a stablecoin on the Haven protocol

sech1: ok and this wont increase right?

SSame with bitcoin

some day node owner or developers wont increase it

inflation rate slowly decreases in Monero

because total supply increases, but daily emission stays the same

stable coins ? I see that as shit coin and whats haven protocol

I want to switch 100% from btc to monero but before that I have many question and doubts and confusion.

Well Haven is a chain that use privacy techniques similar to XMR but it hasn't been tested enough to rely on yet and that's the issue. If they changed XMR radically, they wouldn't have that time tested record of highly resistant privacy

XMR is unique in that we know some very well resourced attackers have tried and failed to compromise it. You can't get that overnight and any changes change that game and reset the record to zero years or privacy resistance. It's far better to leave XMR alone and create another coin to do what you want

Pirate Chain is another attempt to do what you want. But no one will leave XMR for these because they don't want an untested coin. It's the same reason most people use XMPP OMEMO or Signal for private messaging

their are too many coins. it would be great if every one worked on max 4/5 coins. its waste or talent.

how is BITCOIN lighting privacy compared to monero? some place I read bitcoin guys going to solve privacy along with scalability with lightning.

and whats the max no of transaction can be done on monero per second

can it compete with VISA etc now or in future

ternee: got it. but monero was also un tested once

Lightning's privacy is not good. There are several research papers about it.

what u mean by untested? not open source?

For the second question, read Mastering Monero or listen to some presentations by ArticMine

Well Lightning is worth watching. For one thing it makes BTC transfers almost instant. You can do that now though with Blue Wallet. But as the guy just beat me to saying I would rate the privacy of it

wouldn't rate

It's just off chain really. It not really private

I seeked answer on Twitter but every time monero guys and zcash guys start trolling and confuse noon

Rucknium[m]: am reading right now. on second chapter

Well that's more to do with Twitter than the coins in fairness

s/noon/noob/

A few Lightning Network privacy research papers:... (full message at <libera.ems.host/_matrix/media/v3/do…0a88afef38cc0c231c7699809685139e583>)

Point to note too, is that inflation % go down slowly

ternee: yup but bad for crypto

playmate7782[m], I guess so. I gave up on Twitter awhile ago though. So I can't really say I've kept up with the whole crypto twitter vibe

I would say Lightning is a good network though. The performance and speed are excellent. It's just not private

For lightning

You also need really good nodes, centralization make it work better

need lot of well balanced channels

Kind of the reason I stopped using it

They would have to change the whole thing, I think, to fix it.

Yeah I don't understand how they ever thought that optional privacy thing was good idea. It's quite confusing actually because in theory their encryption system is a good idea and allowing encrypted memos was a really nice touch, but then they raze their own house by making it all optional. Clever but crazy is the way I see the Zcash devs :)

and anyone have any idea when all reddit subs be back. I still dont see r/monero or r/bitcoin etc

dont know what they gonna achieve

first I thought reddit started banning crypto subs

I didn't even hear about that. Give the lazy man's short news story :)

playmate7782[m]: reddit is there : monero.town

ic thanks

"Over 300 subs have agreed to remain dark until concerns are met. "

Expect it down for a longer while

what were the concerns?

initial plan was to open tomorrow but the conscientious updated.

terneee: Reddit axing alternative applications

<ternee> "I would say Lightning is a..." <- None of my IRL frens who tried running a self sovrn LN node have said it was a good user experience

In fact, running an LN node is such a pain that they switxhed to ising custodial LN

Optimum centralization :D

Yep

LN plays well into the existing power structure of banks and central parties

k4r4b3y[m], I haven't used it in a while to be fair. It used to work fine with Blue Wallet. I just used itr to except payments on a coffee shop I ran. I only ever received about 50 quid

This was about 3 years ago

Blue Wallet comes with an LN server? Or are you running your own LN backend in a SBC?

Were you*

No I used their server

terneee: Gotcha

I wasn't really looking for privacy

LN is simply not the tool for dissident political action.

The coffee shop didn't work either. I had to go back to work :(

I did use it about 3 years ago too. Did a few payments, got a payment stuck for a few hours. And I did not want to finance that much channels (to have something more usable)

RavFX[m]: The channel stuff in LN is so ass-backwards UX-wise that it is unbelievable btc'ers have fallen for it

k4r4b3y[m]: Maybe it's a backdoor. like if most bitcoiners use that and most use quite centralized stuff, that would really help auditing.

RavFX[m]: If it looks like it's centralized and if it acts like it's centralized; then it _is_ centralized.

Exact lol.

Plus you miss nothing with LN.

s/with/without/

I think there's a real difference between the BTC crowd and XMR. BTC people are believers. I find XMR users tend to be sceptics. We don't expect a panacea. We're just interested in how things work. Generalisation warning :)

Facts:... (full message at <libera.ems.host/_matrix/media/v3/do…4ce7b98e886bbd7e8ea91bd457fa02be741>)

Happier*

Many places accept 0 conf for small payment anyway.

At that point, why using LN. Monero TX are faster, so waiting for 2-3 blocks in not an issue, like waiting a few hours to get a BTC tx "max fee" accepted.

It's these high fee event usually during bullish period, that totally fsck the tunnel planing thing, when you can't close them or have to pay 60 to open one.. Really thing Africans going to use that scam (other that totally custodial solutions)

Does it all have to append onchain? I think so, at least for now.

<terneee> "I think there's a real differenc..." <- Na

Btc users are delusional / hopers/ dreamers

Xmr users are confused af as why btc users thinks possible things are impossible and need to be dreamed about and hoped for. We just do it

Were skeptics about real things. Btc users are skeptics about upgrading code or in meaningful ways

Weve used ct for how long? Stolen from them

They dont use it because they dream about it

delusional like monero didnt already POC it for them

Btc'ers unable to think what's possible beyond btc, because they are attached to the idea of btc itself, as it currently is.

Xmr'ers are attached to the idea of freedom itself and thus are able to modify xmr in accordance with that goal.

Im not attached to anything

I use good software, simple

I done use windows xp

Some get attached to freedom, some get attached to the "good software"

The freedom dream is in btc too

Not much. There is a reason the term is "btc maximalist"

You dont get freedom with a protocol that essentially forces you into using custodiak solutions

But btc maxis will scream the opposite of reality all day, then eventually agree with thr cuckery

"nfts are shit!!" Ffw "nfts are good"

"custodiak sokuti(ns are shit!" ffwd "we need l3/4/5 custodial solutions. Duh"

"we stand against the government and for freedom" ffw "freedom within the rules of the oppressors!"

The Satoshi idea was... that we would be the custodians.

Maxis are mass delusion or stolkholm syndome

Project was hijacked.

Trustless, permissionless, and uncensorable money

Btc is literally allowing people to bid off chain for blockspace

Leading to invalid values being returned to wallets ans tx getting dropped becsuse theres no way to actually bid your way in on-chain if major mining pools all start taking bribes

Will btc hard for to fix anything no

s/anything/_anything_?/

s/for/fork/, s/anything/_anything_?/

Btc is just making people chase a carrot they cant eat even if they grab it. Its not what its advertised as.. so the advertisement changes regularly

In a few decades I will be having a large popcorn and watching the shitshow around the "tail emission wars" in btcland.

i think could be as early as 2025..

Their whole culture is centered around a holy constant that also makes their whole system totally unworkable with

ofrnxmr[m]: Too early. Why do you think so?

The higher btc price is, the harder it is for txfees to cover the missing block reward

k4r4b3y[m]: Next halving losing a lot of money for miners if txfees dont go up

Blocks are already full. Fees on each of these tx need to go up to replace the block reward

Its a lot worse if price rallies before the halving

Will be a good show to watch. To see is hashrate disappears, price rallies, tx fees jump, people move to custodial layers - what the reality will be

Halvings are pretty silly when you think about setting up a market crash every 4 years

Like.. globalmoney.. security drops abrubptly by 50% every 4 years

"But bro it ups the scarcity so ngu"

they could fix it, with a fork, but they wont

So say the month before youre barely making bank.. now what? You just shut down if price doesnt rally or fees dont skyrocket?

But bro. Monero is more scarce

And has is in a STABLE and RELIABLE emission

s/has//

ofrnxmr[m]: I know lol. That is my fav topic to talk with a btc maxi

Yeah im just join ya beinf sarcastic

Btc maxis wish they could grt btc at sub $200

🐸☕

like lol. Xmr is the real btc

Bitmonero = bitcoin

What are the chance that "satoshi" dump on them

doing everything bitcoin said they would

RavFX[m]: 100

RavFX[m]: Pretty slim.

And thats not even a fud topic

%hats absokutely retsrdedness

Those coins haven't moved in 15 yrs and I don't think they will ever move.

Who tf uses a protocol where 1 person holds over 10% from inception

Pretending like this functional\y broken and also cucked supply can ever be adopted

ofrnxmr[m]: How's the situation with Xmr, tho?

Who knows

Xmr had a pretty steep emission curve

k4r4b3y[m]: This is one of m contentions with monero

Yep, but monero gets used

My*

Then and now

Articmine is on record donated 10s of thousands of xmr to ffs and development

And a lot kf this xmr was sold to pay bills

Generfund onky has 8000

Yeah. Let's hope these sold xmr are in the hands of a diverse swt if people who actually need them.

2023 fluffypony rug otw though. Any minute now

Set*

<ofrnxmr[m]> "2023 fluffypony rug otw though..." <- it was supposed to happen like 2 months ago

Rpc fees when?

node as a service

make you're own nodes :D

plant a node a month

Donation address in json like wownero... (full message at <libera.ems.host/_matrix/media/v3/do…6002f32e05f76f7a6f36855b27f15ebb030>)

<RavFX[m]> "Many places accept 0 conf for..." <- > <@gfdshygti53:monero.social> Many places accept 0 conf for small payment anyway.... (full message at <libera.ems.host/_matrix/media/v3/do…7db715fd33bdada2d31630075451d81c943>)

I have problem with commies

tax theft by gov

u never know when commies takeover

<icarolongo[m]> "monero.town/post/2251" <- This is big news IMO

fr33_yourself[m]: Like really big...

playmate7782[m]: > <@playmate7782:matrix.org> people need 1) hard money first then they need privacy.... (full message at <libera.ems.host/_matrix/media/v3/do…59f968970de9e4eb30d1677d914b1d9ba1a>)

I would add that for day to day gas and grocery, that mean that you use a custodian. So you don't own you're bitcoin.

people in Argentina, brazil are lucky and they gonna adopt monero faster than rest of the world. Indian gov have controlled inflation since 2014 post MODI.

* add that LN for day

so we will be last to adopt crypto on mass

Question: I don't want to hold my money in my bank account right now.

Is the best option something like Haven? I need it to stay stable.

cerebral_flex[m]: > <@ishikawa:tchncs.de> Question: I don't want to hold my money in my bank account right now.

> Is the best option something like Haven? I need it to stay stable.

I dont keep money in bank even though Indian economy is robust

playmate7782[m]: Yeah I don't want to keep money in the bank.

cerebral_flex[m]: > <@ishikawa:tchncs.de> Question: I don't want to hold my money in my bank account right now.

> Is the best option something like Haven? I need it to stay stable.

Unfortunately there is no other private stablecoin. And haven isn't stable at all. So if your goal is stability outside of the banking system there is no option

I think depending on your country u must have bitcoin and monero. 50/50

Damn

playmate7782[m]: A good stablecoin on TRX maybe (if you really have to hold dollar). But personally I trust the stables less and less

Reason I should not use haven?

cerebral_flex[m]: price crash. 20 days lock before converting xUSD back into haven. Low volume. Lack of exchanges

my bitcoins are all from bitcoin mining. not a single coin I purchased. now am converting some to monero

someoneelse49549: I see

Fuck it maybe I should just xmr most of it

cerebral_flex[m]: you could. I'm confident to say that you shouldn't observe more than ~15% decrease or increase.

so long term am Hodling btc as my coins are virgin coins.

monero am holding for future purchases of VPN, SIM, PHONE etc when we are in 100% cashless society

* or increase. over 4 months

I just need the money out of my account asap

Buy Silver lol

thebentosamurai[: for real

someoneelse49549: OK good to know

cerebral_flex[m]: buy Gold

Literally the only "Stable Coin" outside of Gold...

you can carry 1 kg Gold in pocket. and sell it for btc, monero etc whenever u need.

but u have to sell entire

playmate7782[m]: you don't carry 1kg gold in your pocket like you carry your dog for a walk. Gold needs to be properly transport and it often take times to resell it

cerebral_flex[m]: which country u r. whats ur purpose. depending on countries laws one can give u accurate advise

r u planning to leave country

u better buy btc

monero

whatever u get first

someoneelse49549: I carried lol

1kg bar

I means one can use Gold when one needs tk run away with lot of money outside banking system

1kg Gold is smaller than most smart phone

its fits ones palm

*big screen smartphone

someoneelse49549: Gold can be most easily resold

atleast in India

its more liquid than cash

Gold might be hard to move and draw attention, I would prefer crypto because of its easy on and off ramp.

I might split up my assets

1kg Gold is 62000+ USD

Or go btc - xmr

one can buy 10 peice of 10gram

or may be ounce i.e 30 gram

I just need the money somewhere else away from my account so I might just covert to btc and xmr

here we have 1 gram, 10 gram and 1 kg

<cerebral_flex[m]> "Reason I should not use haven?" <- Actually yeah, you can use xUSD.

Hope singularity don't execute

thats common

cerebral_flex[m]: Gold wont crash more than 10%

if it is short term buy metal. if its long term buy btc or monero

actually if you look at what USA is doing, but xUSD is backed by BUSD right (like half of the value)

if u buy btc/monero and tomorrow some FUD can tank ur wealth to 50%

playmate7782[m]: I see

or split some for next 1 year, 5 year and so on. fund u need post 5 year buy btc/monero

fund u need one year from now Gold

I just don't think I can buy gold here without kyc

USA when see USD/SWIFT monopoly ending can jack up price of Gold 10X, 20X or even 50X Over night and make USD redeemable again with Gold and pay all debt

we go back to 15 aug 1971

cerebral_flex[m]: if its in your bank acc its white money

it should be no issue. u might pay some GST

or VAT or some tax

here in India its 12% on Gold

I need no record of the assets, if I buy gold I don't want anyone to know I'm holding

cerebral_flex[m]: buy monero with cash

thats the best option

That's what I usually do

I'm just going to hold xmr then

Hopefully it don't go down to much

cerebral_flex[m]: so whats diff this time

playmate7782[m]: Fluctuations

cerebral_flex[m]: it can go down for couple of days

all exchanges if forced to ban monero their wont be price discovery

playmate7782[m]: Also its going to be a large amount than I normally do

cerebral_flex[m]: buy wine

or some commodity which dont decay with time but become better

costly red wine or some liquor

or cigats

cigars

OK I think i know what to do.

Split up my assets

diversify metal, crypro, comodity

I usually buy xmr with cash, but because I'm doing a larger amount this time I need to to kind of stay stable, not my much though so I will diversify my assets.

* I usually buy xmr with cash, but because I'm doing a larger amount this time I need to kind of stay stable, not by much though, so I will diversify my assets.

make some advance grocery purchase for a year

if u not running away

Main thing is it needs to be out of my bank account

And no record of the asset

So it can't be garnished

their are sites u can buy sell amazon gift cards for crypto. their is site where u make purchase on Amazon

deliver address is of some one else home

u get btc

donr remember name

few things are limited per acc on amazon. u cannot buy unlimited. so this is what people do. make purchase for some one else. add delivery of person paying crypto. I dont remember now. its was 5 years ago

playmate7782[m]: Might just do loclmonero for cash

s/loclmonero/localmonero/

cerebral_flex[m]: depending on what u call big amount u may find it hard to find sellers. its almost impossible to buy monero with cash where I live

no monero sellers

I had 100+ monero

converted to btc in 2017

I assumed monero to be shit coin at that time

actually I had purchased too much hash on genesis mining 2 years contract

and they stopped monero payout

they blamed monero developers

it was 2017. I was frustrated. monero payout was stuck for months

so thats made negative image of monero