I just went to Donorbox to cancel my $10 monthly donation. Clearly, they don't need such humble support anymore. What's after cryptocurrency, ads?
Signal Adds Cryptocurrency Support
201–210 of 263 posts
Re: Signal Adds Cryptocurrency Support
#202I'm a big cryptocurrency skeptic, but if they had used a more reputable coin instead of a pre-mined coin distributed in such a fashion as to enrich the founders, they could have avoided most of this backlash. People who aren't enthusiasts already understand that the raison d'etre of the cryptocurrency landscape is to get rich quick, but these guys got so greedy they've even pissed off the enthusiast community. Unfort…
Agreed. Monero or ZCash would have gotten the job done, but it wouldn’t have enriched the founders. Pre-mined altcoin scams have been around so long that everyone in the crypto world knows to avoid them. Building up a dedicated following of people using an encrypted messenger app was a genius way of submarining a pre-mined crypto scam into an unsuspecting userbase. I suspect a lot of us are going back to all of the p…
I honestly don’t see the issue. They picked a crypto coin with a much faster transaction settling time than the alternatives you mentioned, and they’re explicitly discouraging people from using it to store wealth.
Re: Signal Adds Cryptocurrency Support
#203Earlier quoted context omitted.
> No you don't - no-one's forcing you to use it. I was phrasing that unclear, I meant that you have to trust Intel if you use Mobilecoin. > What's important is that you get to continue to consciously exercise that choice. Why wouldn't you be able to exercise that choice?
> I was phrasing that unclear, I meant that you have to trust Intel if you use Mobilecoin. Ah, fair. I think you could also argue that you have to trust Intel if you use Signal anyway. > Why wouldn't you be able to exercise that choice? I'm not saying you can't (unlike some), but I think it's worth underlining the point that "trusting nobody" is rarely, if ever an option. So in a world where you end up having to trus…
> Ah, fair. I think you could also argue that you have to trust Intel if you use Signal anyway.
Agreed :)
> So in a world where you end up having to trust someone, being able to continuously exercise that is important.
Also agree here. I would prefer if you could minimize the number of actors you have to trust though.
Re: Signal Adds Cryptocurrency Support
#204Earlier quoted context omitted.
Ugh, I hate PGP so much. It's keeping people from interacting securely for over two decades The UI is bad, integration is hard, the chain of trust (it never was a web) is broken, the CLI tools are annoying... but hey let's do crypto parties with other nerds and exchange passports.
What do you mean the UI is bad? Which one? https://www.openpgp.org/software/ Sounds to me like you used a specific piece of PGP software you didn't like or understand. How can you folks care so much about your privacy, but absolutely refuse to understand the tools you are provided that ensure your privacy? You're never going to get it if you demand it be provided in a blackbox app you don't have to think about. Proto…
I started with PGP in the Nineties, under DOS.
Back then it made sense. Though, it certainly was not for everybody. And despite all the crypto parties and what not, it's still not mainstream.
And yes it's great that some tools manage to hide PGP, it's not easy to do.
The problem, maybe it's not us, maybe it's PGP?
Re: Signal Adds Cryptocurrency Support
#205Among people I know, most individuals send money to each other via Venmo. This presents two problems: how to be sure you're sending money to the right person, and, the transaction is data-mined by Paypal. So, having payments inside of Signal actually would solve both those problems (if both people are using Signal). It could also be, that Signal is trying to turn their app into a platform, like WeChat.
I go to a restaurant with some friends. The bill comes and it’s in USD because of course it’s in USD. One guy puts down his card because he plays cc miles games and anyway the waitress doesn’t want to deal with multiple cards. He gets home, logs on to Venmo and requests my share from me—-in USD. I click accept, the money comes out of my bank account, which is in USD because of course it is, and goes into his Venmo account. That’s the last I ever have to think about it. There’s no 1099B coming.
Crypto makes this story much, much worse for very little gain.
Re: Signal Adds Cryptocurrency Support
#206I just went to Donorbox to cancel my $10 monthly donation. Clearly, they don't need such humble support anymore. What's after cryptocurrency, ads?
I'd be much happier about (properly implemented) ads, than about this move.
Re: Signal Adds Cryptocurrency Support
#207After convincing all my friends to move from WhatsApp to Signal I am really annoyed about this move. This really damaged the trust I have for Signal. I hope they realize their mistake quickly and drop this idea.
They won't care until someone creates a competitive fork that differentiates on this point.
Re: Signal Adds Cryptocurrency Support
#208Earlier quoted context omitted.
I think it won't be problematic as if someone doesn't want to create wallet they dont have to. So this payment option will be for only those who wants to enable it.
More code, more possible bugs, more updates needed. All that things are not necessary, they could create a separate app "Signal Pay" and everybody who wants it can use that. It made no sense to implement everything in one app.
> It made no sense to implement everything in one app.
WeChat would disagree [1].
There is definitely a place for payments in a social app. Combine that with potential for increased user adoption because of that ("please download signal so I can pay you easily") and I don't see this as inherently bad. But they should have used a reputable coin instead of some scammy pyramid token.
https://www.businessofapps.com/data/wechat-statistics/#:~:te....
Re: Signal Adds Cryptocurrency Support
#209Re: Signal Adds Cryptocurrency Support
#210I 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 are 3 attitudes towards Signal I am in group 4. I didn’t care that Moxie calls the shots and requires a phone number. And I was thrilled to have a secure communication app, from when Signal was TextSecure. I hate this to the point that I’m dropping Signal. The only reason to choose MobileCoin is Moxie’s personal affiliation to it. Meanwhile, this integration massively increases Signal’s regulatory cross secti…
I suppose you’re also for banning cash? I don’t see the problem with being allowed to pay people money without having the government be involved.
That’s how things used to work before the US became a surveillance state, and the government and economy worked well enough.