00:11:43 <m-relay> <f​ijxu:nadeko.net> https://programming.dev/post/30703198 :?
00:12:26 <m-relay> <f​ijxu:nadeko.net> maybe more independent people should mine in a pool at a low hashrate
00:19:18 <nioc> NorrinRadd: no update yet
00:25:12 <NorrinRadd> nioc muchos gracias 
09:19:25 <m-relay> <k​riek:matrix.org> Hi all! It’s been an year looking and analyzing monero abd everytime i think monero could be the next bitcoin since the story is a lot similar as route and it’s also better for security. What do you guys think about it?
09:44:49 <m-relay> <x​3cc:nope.chat> What do you mean by next bitcoin?
09:45:29 <m-relay> <k​riek:matrix.org> Like the real coin with the perfect standard of privacy
09:46:23 <m-relay> <k​riek:matrix.org> Since bitcoin is gettin worse in privacy and the government start to know who has bitcoin
09:47:05 <m-relay> <k​riek:matrix.org> Is becoming more like a value then something against the government
09:55:39 <m-relay> <x​3cc:nope.chat> Yea monero is safer in that sense because there is no aml score and exchanges can’t tell how much you have left in your wallet
09:57:19 <m-relay> <x​3cc:nope.chat> Because imagine a situation you sent bitcoin to exchange to convert to fiat, also providing your email address, after the transaction they can tell how much bitcoin you have and they can sell this info to someone who can send you a phishing email etc so monero is safer in that sense
09:57:51 <m-relay> <x​3cc:nope.chat> So yea I would prefer monero instead of bitcoin 100%
09:59:45 <m-relay> <k​riek:matrix.org> Yes exactly and it also has the same function of btc when it started. I discovered btc in 2012/2013 with silkroad
09:59:59 <m-relay> <k​riek:matrix.org> And now monero has the same utility right now
10:00:32 <m-relay> <k​riek:matrix.org> So when there are exchange in the chain it can get real value
10:03:36 <m-relay> <x​3cc:nope.chat> Yep usage is more important than limited supply imo
10:23:09 <m-relay> <x​3cc:nope.chat> Also usd inflation is 3% while monero is less than 1% with its tail emission, so it’s in between fiat and bitcoin I would say, not sure is those number are true, I’m not an expert so correct me if I’m wrong
10:24:05 <m-relay> <x​3cc:nope.chat> I say in between fiat and bitcoin because fiat has most inflation while bitcoin is deflationary
10:26:07 <moneromooo> What makes you think Bitcoin is deflationary ?
10:26:43 <m-relay> <x​3cc:nope.chat> moneromooo: Limited supply
10:26:54 <moneromooo> Can you be more specific ?
10:27:57 <moneromooo> I *think* you mean the Bitcoin *will* become deflationary in... not sure like a hundred years or so, if it stays that way.
10:28:20 <moneromooo> But you're comparing with monero and fiat *now*.
10:28:36 * moneromooo not sure about the dates
10:29:40 <moneromooo> Admittedly, one can't compare with fiat in a hundred years because we don't have a clue :)
10:31:20 <m-relay> <x​3cc:nope.chat> I just read that last satoshi will be mined in 2140 and total supply reaches 21m btc
10:31:32 <m-relay> <x​3cc:nope.chat> Can’t imagine how much will be a transaction fee
10:31:54 <m-relay> <x​3cc:nope.chat> And after that btc miners will be rewarded only with transaction fees
10:34:19 <moneromooo> Bitcoin inflation seems to be about 0.9% (86400 / 600 * 3.125  * 365 * 100 / 18e6), Monero seems to be a wee bit below that (86400 / 120 * 0.6 * 365 * 100 / 18e6).
10:36:13 <m-relay> <x​3cc:nope.chat> Interesting
10:36:28 <moneromooo> The 18e6 is approximated supply, handwaved. Close enough.
10:43:45 <sech1> https://p2pool.io/tail.html shows the exact supply and inflation %
10:44:57 <moneromooo> Jesus. 5 years already...
10:45:14 <sech1> 3 years?
10:45:32 <moneromooo> Oh yes. We're still in 2025 here aren't we. Nevermind.
10:45:43 * moneromooo goes lookup cow life expectancy with dread
10:45:45 <sech1> moneromooo is secretly from the future
10:46:27 <moneromooo> Yes. 87th Time Scowadron.
10:47:02 <moneromooo> (incowgnito though)
11:21:51 <m-relay> <n​obfg9000:matrix.org> there was interesting article I read
11:22:38 <m-relay> <n​obfg9000:matrix.org> basicially if you assume that coins are lost at a rate proportional to the total supply, then calculus shows that you always reach finite supply. Because the rate of coin loss = coin emission
11:22:43 <m-relay> <n​obfg9000:matrix.org> peter todd I think
11:22:57 <m-relay> <n​obfg9000:matrix.org> https://petertodd.org/2022/surprisingly-tail-emission-is-not-inflationary
11:35:33 <m-relay> <x​3cc:nope.chat> Yea I wanted to mention this too
11:53:24 <m-relay> <s​yntheticbird:monero.social> good news: People's education on managing their coins will influence economy.
11:53:26 <m-relay> <s​yntheticbird:monero.social> bad news:  People's education on managing their coins will influence economy.
17:17:15 <Guest12> Hi everyone, how's it going? I'm studying Monero and I have a question about the GUI — can I ask it here?
17:17:29 <Guest12> GUI/CLI
17:22:28 <m-relay> <x​3cc:nope.chat> #monero-gui:monero.social
17:22:30 <m-relay> <x​3cc:nope.chat> Tho not sure if it has IRC relay
17:23:07 <m-relay> <x​3cc:nope.chat> #monero-gui:monero.social
17:23:08 <m-relay> <x​3cc:nope.chat> Tho not sure which IRC room is it on libera
17:25:06 <rbrunner> Yes: https://matrix.to/#/#monero-gui:monero.social
17:25:23 <nioc> #monero-gui
17:28:14 <Guest12> thanks guys