Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Why Monero

benkaiser.dev

Post reply on HN
Print view View original

121–130 of 394 posts

Re: Why Monero

#121

Post by blueprint »

cowpig wrote: post #57

How can anyone think this is a good thing? At least other crypto projects have a degree of transparency going for them. I don't understand how people can possibly think that identity obfuscation at scale is a good thing for a financial system. The rule of law and democracy are far from perfect, but it is unquestionably the safest, cushiest time to be alive in human history right now for the average human being. Let's…

when a monetary system lacks privacy it also gives up fungibility (meaning soundness goes out the window too)

Re: Why Monero

#122

Post by blueprint »

wheresmycraisin wrote: post #25

I've tried using Monero because of it's supposed privacy features, and found that the official desktop gui clients is completely unusable. I'm not just talking usability and design issues -- I'm talking random crashes and freezes, if it manages to launch at all. When I brought these issues to the dev team, I was basically told to fuck off.

who exactly did you tell that to? the project is open source and has no specific corporate sponsorship, and I've never seen anyone tell others to fuck off for reporting a bug. Can you be more specific about who you contacted and how? best way is IRC or github issue.

Re: Why Monero

#123

Post by InvertedRhodium »

cowpig wrote: post #57

How can anyone think this is a good thing? At least other crypto projects have a degree of transparency going for them. I don't understand how people can possibly think that identity obfuscation at scale is a good thing for a financial system. The rule of law and democracy are far from perfect, but it is unquestionably the safest, cushiest time to be alive in human history right now for the average human being. Let's…

> How can anyone think this is a good thing?

Easily - I value my ability to remain private more than I do your ability to enforce laws.

Re: Why Monero

#125

Post by enriquec »

scoofy wrote: post #119
oliv__ wrote: post #104

Earlier quoted context omitted.

Human kidnappings and subverting international sanctions account for what? 0.0001% of all transactions? So you're saying 99.9% of the population shouldn't benefit from this because there will be a tiny percentage misusing it? I take it you're against privacy, encryption and gun ownership too then right?

I'm for expansive, but limited versions of these things. I think your love letters should be private from the gov't, I don't think your income should be private from the gov't. I think nearly everyone should be able to own a rifle, but I don't think any private citizen should be able to own a tank. There are many aspects of life where I think the costs outweigh the benefits for citizen in society. Since there are tri…

how much damage is and has been done through the traditional institutions/methods/tracking/privacy-invasion you are advocating in totalitarian regimes today and throughout history?

Re: Why Monero

#126

Post by SXX »

paulryanrogers wrote: post #3
stavros wrote: post #2

I'm not really happy promoting a cryptocurrency these days, given that most of them are get-rich-quick schemes, but Monero has been solid for the past 5-6 years that I've been using it. It's completely anonymous, sends quickly, has minimal fees, and it hasn't been as full of cultists as some of the other coins I've seen. I use it to pay for some things and it's always a pleasant experience. I recommend it. The only d…

My fear with strongly anonymous DeFi is indirectly harming the environment and supporting crime. Sadly doesn't look like Monero resolve these concerns.

Monero supports crime as much as cash supports crime. Doors and curtains also support crime, but somehow some basic privacy is fundamental human right. For now...

Also in some countries police still don't just scan all your bank transactions 24/7 and there is presumption of innocence in criminal law.

Re: Why Monero

#127

Post by zapataband1 »

cowpig wrote: post #57

How can anyone think this is a good thing? At least other crypto projects have a degree of transparency going for them. I don't understand how people can possibly think that identity obfuscation at scale is a good thing for a financial system. The rule of law and democracy are far from perfect, but it is unquestionably the safest, cushiest time to be alive in human history right now for the average human being. Let's…

the rule of law that lets white collar criminals go routinely, in which police seize more property than the amount of robberies in a year? In which warmongers go free and activists are routinely murdered? You really question why people value their privacy from autocracies, it's not from a place of privilege but extreme fear.

Re: Why Monero

#128

Post by bb88 »

cinntaile wrote: post #12
stavros wrote: post #2

I'm not really happy promoting a cryptocurrency these days, given that most of them are get-rich-quick schemes, but Monero has been solid for the past 5-6 years that I've been using it. It's completely anonymous, sends quickly, has minimal fees, and it hasn't been as full of cultists as some of the other coins I've seen. I use it to pay for some things and it's always a pleasant experience. I recommend it. The only d…

> and it hasn't been as full of cultists as some of the other coins I've seen. Didn't they have a Church of Monero a few years back? That was kind of... weird? It was probably started as a joke or something, I can't remember.

Yes.

https://twitter.com/churchofmonero

Also related reddit post:

https://www.reddit.com/r/Monero/comments/a8uyze/the_church_o...

Re: Why Monero

#129

Post by devoutsalsa »

ianmiers wrote: post #80
cowpig wrote: post #57

How can anyone think this is a good thing? At least other crypto projects have a degree of transparency going for them. I don't understand how people can possibly think that identity obfuscation at scale is a good thing for a financial system. The rule of law and democracy are far from perfect, but it is unquestionably the safest, cushiest time to be alive in human history right now for the average human being. Let's…

Because Bitcoin is twitter for your bank account. It exposes everything you do to anyone who can download the blockchain. You can argue that some gov/regulator should have access, though good luck finding one country everyone trusts. More realistically, and practically, you could require that, as many jurisdictions do with cash, we should have reporting requirements for when a merchant sells something for large amoun…

Reminds me of Blippy => https://en.wikipedia.org/wiki/Blippy.

And Venmo => https://www.mic.com/p/matt-gaetz-who-is-definitely-not-a-sex...

Re: Why Monero

#130

Post by bb88 »

SXX wrote: post #126
paulryanrogers wrote: post #3

Earlier quoted context omitted.

My fear with strongly anonymous DeFi is indirectly harming the environment and supporting crime. Sadly doesn't look like Monero resolve these concerns.

Monero supports crime as much as cash supports crime. Doors and curtains also support crime, but somehow some basic privacy is fundamental human right. For now... Also in some countries police still don't just scan all your bank transactions 24/7 and there is presumption of innocence in criminal law.

> Monero supports crime as much as cash supports crime.

Cash has serial numbers which means it needs to be laundered, since banks work with the FBI to trace where bills with serial numbers show up.

Post reply on HN