mister_monster

@mister_monster@monero.town

46zFAv8KHaKVuYDTJ15TXAah6SCXw88Dx9UhTuUJa6ydb8m9uGLaYE3AX5JPFhsJjJ6w7NMc7vNYwQPhGkt3tE2L7pwgrte

npub1m5s9w4t03znyetxswhgq0ud7fq8ef8y3l4kscn2e8wkvmv42hh3qujgjl3

codeberg.org/mister_monster

09F911029D74E35BD84156C5635688C0

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mister_monster,

Isn’t this just a ripoff of the “information that will lead to the arrest of Hillary Clinton” meme?

mister_monster,

I’m interested on different analyses of this bill. They like to sneak shit in this stuff that will be applied to the proles but let the big boys skate. I might do it myself I don’t know, I’ll reserve judgment for now, but I follow a rule of thumb, always be suspicious of everything the government does, especially when it’s widely touted as a win for the people.

mister_monster,

I started living this way too. Honestly, fast food doesn’t even have a value proposition anymore. It’s not cheaper than some local family run taco or burger truck/shack, and significantly crappier. Also, the lady or guy handing you your food keeps the money after paying the cook and what not, if they’re not the cook themselves. I’d rather that than it go to frozen patty distributors and stock buybacks or whatever they’re up to these days.

It’s marginally cheaper than a run of the mill sit down joint.

Also soda… I don’t understand why anyone drinks that shit. I used to, then I stopped, and now when I try it it’s gross honestly. Syrup with bubbles in it. You want some, make some ginger ale, its easy and delicious. You cut up some ginger, cook it in a pot with sugar and water, let it cool, put it in a pressure bottle and pitch yeast, it’s ready in a couple of days.

I’ve never ordered door dash or any of that stuff, as soon as I heard about it o was put off by the idea.

You’ve got the right idea man. No lazy food. If it’s not worth effort you’re not actually hungry.

mister_monster,

Yeah man, used to be you could spend like 5 or 6 bucks and get something quick. Full meal too. Nowadays I think those companies are just riding on inertia, Americans are used to eating it and still have this idea that it’s cheaper even though if you think about it for a second it’s not. By the time you pay it’s like 10-12 bucks. Meanwhile there’s a Cuban lady down the street, she has no menu, she just makes one thing each day it’s something different, whatever she wants, you don’t get to decide, you hand her 10 bucks and she hands you a little box of the most delicious surprise you’ve ever had. Why would I pick the corpo garbage over that?

mister_monster,

Onions.

In fact it’s the oldest food, found everywhere domesticated and nobody knows where they come from or who first domesticated them.

mister_monster,

Vote counts are worthless regardless, doubly so in a federated environment. The fact that they can move things up and down in ranking makes them prone to abuse.

mister_monster, (edited )

It really is a shame what’s happening with dai, isn’t it. They’re trying to cut out the decentralized thing from MakerDAO without alienating the community by creating another thing with the decentralized characteristics that they will design to fail. It’s such a terrible thing happening.

Thankfully, the makerDAO multicollateral contracts are available, anyone can launch a clone of DAI that functions as is. And they can even prevent things like USDC collateral (the only time they’ve ever broken peg was due to USDC losing it’s peg, DAI is very well designed and IMO can handle decentralized collateral volatility) and keep it strictly ETH or whatever. Also, am interesting thing, the oracle can be trivially modified to provide a price of another asset, so you can synthetically create gold backed stables that hold no real gold if you like, or even more interesting, you can peg to things even more stable than gold and that track inflation, like salt, or peg to non asset measures like CPI if you like. You just have to remember that this is potentially manipulatable by participants in those measures, just like the value of DAI is subject to Fed policy. Personally, I’d rather have my stable pegged to a commodity like salt than to a fiat currency.

If you like the idea of gold, there’s PAXG, I don’t know if it’s freezable, I would be surprised if it isn’t, but I highly doubt these other stables are going to start freezing out small fish just to demand KYC.

Anyway, this is all off topic for Monero but it’s still something I figured is worth discussing. On a Monero related topic, o wonder what the serai developers are going to do in response to this, their entire goal is a dex that supports DAI, ETH, BTC and XMR from launch as basic functionality.

Edit: apparently, there’s liquity and lusd, which is governance free, unfreezable, pegged to USD via ETH collateral (unlike Luna which existed to collateralize TUSD, an obvious fail to anyone who even marginally understands this stuff) and has what I think is a pretty solid peg mechanism from my perusal of documentation. I’ll have to look at details and think on it, my main concerns are that the collateralization ratio is hard coded into the contracts at 110% (no governance, remember) and that the base fee for creating LUSD is hard coded to stay between 0.5% and 5%, which may not be sufficient in wild swings in the value of ETH. The contracts are not upgradeable, again, no governance. That’s good but also scary. All in all, if I were going to park some capital in a USD pegged stable some time over the next year or two, I wouldn’t use it, I want to see how it performs in a bear first, and DAI is going to work as is for the next couple of years anyway so it works fine for now.

mister_monster,

I was looking into xaut and from what I understand you have to KYC to get it and they freeze it.

mister_monster,

Interesting, I had learned about the recovery mode of Liquity and knew about the 150% system wide collateralization threshold, also the redemption mechanism to liquidate troves even if they’re above the threshold as a stabilizing mechanism. It looks like a good set of mechanisms that is capable of maintaining a peg. I didn’t know it had been running for 3 years, I’ll have a look at price history to see if the peg has ever broken and see what happens to cause it to recover. I was under the impression that the oracle signal was on chain, from liquidity pools against other stables. All in all, in my mind, ability to hold a peg is less important than the feedback loops being in place to allow it to recover on it’s own. It looks like liquity has those, unless im missing a glaring hole which I guess I’ll find out in due time.

I knew Maker was not immutable yet, and I was eagerly awaiting the promised day when that would be rectified, this news of splitting maker out into a compliant, custodian asset collateralized system and a “pure decentralized” one tells me that basically that is never going to happen. I’ll observe puredai. I have no interest in the other one.

All this stuff being on Ethereum is a bit of a minus for me too at this point. It works, I’m alright with it the way I’m alright with Bitcoin, but it isn’t ideal.

mister_monster,

Rebelnet.me is a privacy focused social site run by some community members.

mister_monster,

Why do billionaires want abortion banned?

mister_monster,

Why are there some politicians and billionaires that don’t support abortion bans? If there’s always a class reason, do they do it because they’re eugenicists or something? The divide on this issue looks pretty well evenly split in the US, there has to be some class reason for that too right?

mister_monster,

But the increase is coming from people who would otherwise get abortions and now can’t, not from people who also think it should be illegal, those people for the most part aren’t getting abortions anyway.

mister_monster,

You’re looking for Haveno, the reto network is live, it’s been talked about here and on Reddit I’m the Monero group a lot the last few days, try it out.

mister_monster,

Lol don’t you love it.

Peru does something to force healthcare providers to cover transgender procedures and treatments, people are outraged that it’s been labelled an illness. You can’t make this stuff up.

mister_monster,

Yeah, the problem is “do no harm”. To modify your body, a medical professional needs to be fixing something, i.e. you have an illness that needs treatment.

mister_monster,

Are you saying gender affirming care is elective?

mister_monster,

It means “nation in distress” and lol I never thought of see the left criticizing the upside down american flag.

mister_monster,

That’s not strictly true. They don’t worship Satan, or even believe in “him” as an entity or being, but it’s more than just getting under the skim of the churchians. They anthropomorphize the concept of Satan the archetype and learn from the philosophy of such a being as described.

mister_monster,

There are, its just usually people don’t like to hear what they have to say.

mister_monster,

¿Porque no los dos?

mister_monster,

Sounds like a…

wait for it

…cop out.

😉👉👉

mister_monster,

Yes, we agree. It’s still a bunch of bullshit.

mister_monster,

We know what the rules are dude, we are saying they’re wrong.

mister_monster,

I said more than that and you know it.

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