crypto

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Nerrad, in Are cryptocurrencies currencies? Bitcoin as legal tender in El Salvador
@Nerrad@lemmy.world avatar

Yes they can be currencies. But they can be lots of other things too.

Its like asking if paper can be books. Sure, but it can also be magazines, check blanks, ledgers, porn, junk mail, newspapers, placemats and origami.

Varyk, in Important Question about Privacy Token

You wouldn’t be able to easily track bad actors or good actors by virtue of monero being private and fungible, similar to cash. Privacy is the base appeal.

hanni, in Has stock-to-flow broken down, or will it correct?

The patten can hold, but the asset class is seeing clear diminishing returns. Relative price action is stabilizing with each cycle, as the market cap increases.

Nakoichi, in [US] #STANDWITHCRYPTO Day of Legislative Action. Take 2 minutes to e-mail your representative!
@Nakoichi@hexbear.net avatar

Lmao

DLSchichtl, in Internet Computer (ICP): A New Paradigm for Decentralized Internet Services

Woop woop!

absentthereaper,
@absentthereaper@lemmygrad.ml avatar

whoop whoop

dhork, in Internet Computer (ICP): A New Paradigm for Decentralized Internet Services

Not this again, I thought it was dead

BlinkerFluid,

Bagholders don’t seem to think so.

LastoftheDinosaurs,

deleted_by_author

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  • dhork,

    This is ICP, not Bitcoin. I still quite don’t know why we need it, or why people bid it up to $400 so early in the project. It’s only $3 now, and probably still too high.

    I looked it up on CMC and it’s max supply is an infinity symbol…

    LemoineFairclough, in Alternative to Ledger

    What is the best recommendation for you is influenced by what you like and dislike about Ledger.

    Perhaps you should peruse wallet lists like bitcoin.org/en/choose-your-wallet www.getmonero.org/downloads/ z.cash/ecosystem/?wallets=-wallets firo.org/get-firo/download/ or look at the project page for a cryptocurrency you’re interested in as linked from coinmarketcap.com or www.coingecko.com

    badgrandpa,
    @badgrandpa@lemmy.world avatar

    Thx

    dhork, in There are now two types of PayPal dollars, and one is better than the other

    Hey nerds, read this one. They are making the case that Paypal’s stablecoin is safer than their regular deposits, because at least the stablecoin is regulated under the NYS bitlicence, while Paypal’s normal deposits are far less well regulated. (Not as much an endorsement of PayPal’s stablecoin as an indictment of how shitty the rest of their services are…)

    I remember the discussion Over There where people were upset over the bitlicense. And now it turns out we think the BitLicense is awesome, only because the alternatives are so much worse. At least the NYS DFS presumes that crypto has some purpose, and isn’t trying to kill it like the SEC is.

    makeasnek, in Bitcoin Mining Machine Efficiency Doubled in Five Years
    @makeasnek@lemmy.ml avatar

    Great that we’re getting better at SHA hashes I guess, would be great if some that energy were put towards more useful computation. Gridcoin has been doing that since 2013 by having people process data for scientific research projects instead of hashes.

    LemoineFairclough, (edited ) in Is there a "secure" way to earn some rewards with BTC?

    The only safe way I know of to get passive income from Bitcoin is to use github.com/…/joinmarket-clientserver though that may lead to your bitcoin becoming “tainted”

    There is also thorswap.finance but using it probably carries a risk of total or partial loss of money

    The most discreet method of earning non-passive income is probably through something like haveno.exchange

    For less private ways to get income, I’d use something spoken highly of at kycnot.me that allows peer to peer trading and reputation building

    Dreizehn,

    Do you have any experience using Joinmarket? Videos or articles about that software seem to be all older than a year…

    LemoineFairclough,

    What were you attempting to do with joinmarket but getting issues with? What do you think is missing from the current documentation?

    I suggest you read www.catb.org/esr/faqs/smart-questions.html given the reaction to your posts so far.

    I do not see any reason to talk about my joinmarket experience. Saying I have used it profitably is the same as admitting I have made money by laundering money, and that would obviously be against my interests. I would much rather you believed I had no prior knowledge of how to use cryptocurrency.

    LemoineFairclough, in What are the best Places to Buy Monero without KYC or Minimum Purchase Requirements?

    Perhaps you should peruse the following pages

    explodicle, in What do I think about biometric proof of personhood?

    Biometric anything is a bad idea. They require trusted nodes and create incentives to threaten users.

    Specific to this use case… Whatever you’re using to validate personhood, there’s a person who doesn’t have that organ. Now the attack surface is every method of validation: eyes + fingers + etc.

    mudamuda, in What are some minimalist projects in the crypto space for digital cash alternatives?

    I doubt that current systems can replace cash at scale but for niche usage Monero and Litecoin. Also Grin but it is dead.

    makeasnek, in Favorite coin
    @makeasnek@lemmy.ml avatar

    Gridcoin. Imagine is all the computing power normally spent on mining went to scientific research instead. Solid alt started the same year as Eth, crunching through petaFLOPS of scientific computing on the daily. Massively under-appreciated by those in the crypto space.

    gooeyglob, in Serious Global Financial Crisis Coming As Debt Levels Skyrocket, Warns Legendary Investor Jim Rogers
    @gooeyglob@lemmy.world avatar

    Was hoping for something enlightening here actually related to crypto, and found a very generic analysis of US debt. What actually matters is the deficit, and we will have to see if the US ever gets back to net positive.

    When the first article on the site you see is titled “Plot Against Simonyan and Sobchak’s Life Confirms ‘Terrorist Essence of Zelensky Regime’” and the other sources referenced have sputnik in the title, you really need to consider the biases of the source you’re reading. Is it generic Russian disinformation? You decide.

    I own more crypto than any other currency, that does not mean we should embrace every article which paints the dollar as facing imminent doom.

    qprimed,

    best crypto take of the day. good or bad (its both), fiat is joined-at-the-hip with everything and manipulation is pervasive everywhere.

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