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Signal Adds Cryptocurrency Support

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41–50 of 263 posts

Re: Signal Adds Cryptocurrency Support

#41
post #35

I think there are 3 attitudes towards Signal: 1. Anger from purists who care about the fact it's not decentralised, and that Moxie runs the show, and that it uses phone numbers etc etc... 2. Indifference from those who have never heard of it 3. Joy from those who are extremely happy a decent, private, alternative to Facebook/Whatsapp exists My worry is that group 1) try and ruin it for the rest of us. Signal is liter…

There's no need to implement a payment mechanism via cryptocurrency. Signal can just create a "pro" version and sell that.

Re: Signal Adds Cryptocurrency Support

#42
post #2

> It’s that adding a cryptocurrency to an end-to-end encrypted app muddies the morality of the product, and invites all sorts of government investigative and regulatory meddling: by the IRS, the SEC, FinCEN, and probably the FBI. We need to fight against the idea that private payments are any less moral than private conversations. We also need to actively reject the status quo in the USA of a complete and total lack…

> We need to fight against the idea that private payments are any less moral than private conversations ... Cryptocurrencies at their core are speech, not property

That's an interesting take. Assuming you're American, maybe you could challenge this in court? Maybe Congress will have an epiphany - all this time they've been regulating inter-state commerce, but it's been inter-state speech the whole time. To resolve this contradiction in the Constitution, they'll likely just disband the Federal Government, ushering in a libertarian utopia.

Go for it! We're rooting for you!

Re: Signal Adds Cryptocurrency Support

#43
post #35

I think there are 3 attitudes towards Signal: 1. Anger from purists who care about the fact it's not decentralised, and that Moxie runs the show, and that it uses phone numbers etc etc... 2. Indifference from those who have never heard of it 3. Joy from those who are extremely happy a decent, private, alternative to Facebook/Whatsapp exists My worry is that group 1) try and ruin it for the rest of us. Signal is liter…

I think this is a strawman argument. Can't it be the users from group#3 who's sad to see Signal turn into WeChat? After all the lessons learned from Keybase are open for all to see.

WhatsApp doesn't include payment mechanism in many markets, why is Signal trying to waste developer resources on unwanted features?

Re: Signal Adds Cryptocurrency Support

#44
post #32

Discussion from yesterday - https://news.ycombinator.com/item?id=26713827 Consensus - WTF?

This obsession with crypto killed Keybase for many of it's users and honestly this could be a bad news for Signal.

The problem with Keybase is that its UI should be a lot more polished. Other than that, how does using cryptocurrencies interfere with chat?

Re: Signal Adds Cryptocurrency Support

#46
post #23

Earlier quoted context omitted.

iMessage is backdoored? Evidence please?

iCloud Backup backs up plaintext of all iMessages from the device to Apple, with Apple keys (non-e2e). It also includes all SMS. This is documented plainly on Apple's iCloud security overview page. The list of things that are end-to-end encrypted is listed. iCloud Backup is not in it. It's on by default on all iOS devices. Apple was to fix this by end to end encrypting iCloud device backups, and (I understand) even h…

So turn off iCloud backups?

Re: Signal Adds Cryptocurrency Support

#47
post #35

I think there are 3 attitudes towards Signal: 1. Anger from purists who care about the fact it's not decentralised, and that Moxie runs the show, and that it uses phone numbers etc etc... 2. Indifference from those who have never heard of it 3. Joy from those who are extremely happy a decent, private, alternative to Facebook/Whatsapp exists My worry is that group 1) try and ruin it for the rest of us. Signal is liter…

There's no need to implement a payment mechanism via cryptocurrency. Signal can just create a "pro" version and sell that.

AFAIK crypto is the only way to get private and secure payments. Any other payment mechanism wouldn't fit the ethos of Signal.

Re: Signal Adds Cryptocurrency Support

#48
post #40

Could somebody elaborate the animosity towards being able to pay in Signal, or and perhaps also the animosity towards Signal itself? I use it, seems like an e2ee and uncluttered messaging app that just works.

With regards to the first, you see, it's an

> uncluttered messaging app that just works.

Cryptocurrency turns it into a cluttered messaging app, one that gives hackers extra financial incentives to compromise it.

Re: Signal Adds Cryptocurrency Support

#50
post #22

Earlier quoted context omitted.

Good point. My main point is perhaps that this shouldn't be up to one dude that loves crypto assets – that there should be a signal community making decisions.

It's already a Free Software. Huge fork in 10... 9... 8...

I look forward to replacing Signal with Noise.
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