61–70 of 294 posts
Earlier quoted context omitted.
Is there some scheme past asymmetric cryptography that I'm not aware of? Because one of the fun drawbacks for criminals of having a distributed public ledger has been their immediate connection to all of their transactions once their public key is associated with them.
Yeah, it sounds like you're not aware of various things like ring signatures, SNARKs, STARKs, etc.
The quality of discourse at this stage of the thread (2 hours, 20 comments) is incredibly disappointing. Hn usually has high quality discussions. What is it about crypto that causes us to lose our minds?
- At least for me that's it, it would be stressful to deal with that so I go elsewhere to discuss the technology.
And this is probably precisely how an echo chamber can be created even without recommendation algorithms.
The "in-group" harasses the "out-group" until all of them leave - or not dare to speak anymore - and only the "in-group" is left.
The quality of discourse at this stage of the thread (2 hours, 20 comments) is incredibly disappointing. Hn usually has high quality discussions. What is it about crypto that causes us to lose our minds?
I remember fondly participating in the hype around crypto in 2017 and going in on btc/eth and also building a mining rig etc. The discourse on HN back then is quite different from today. These days we've seen scam after scam, fraud after fraud, failure after failure. From a technology perspective it's neat, but the kinds of individuals it tends to attract make it seemingly not actually all that useful in wider societ…
what if shutting down all the exchanges is the thing that causes people to start using bitcoin directly as a currency?
The quality of discourse at this stage of the thread (2 hours, 20 comments) is incredibly disappointing. Hn usually has high quality discussions. What is it about crypto that causes us to lose our minds?
Earlier quoted context omitted.
Privacy. Censorship resistance. Monero is a great cryptocurrency.
You can list features all day and not convince me of the existence of applications. Privacy that is obtained by obscuring signatories or blending assets is just laundering.
"Laundering" is a bullshit concept invented to legitimize total surveillance of financial transactions. This KYC/AML stuff is just the financial arm of global mass surveillance. We must resist it vigorously for the exact same reasons we resist warrantless dragnet data collection.
Earlier quoted context omitted.
Yeah, it sounds like you're not aware of various things like ring signatures, SNARKs, STARKs, etc.
That sounds like it was made for money laundering and making ransoms hard to trace.
The quality of discourse at this stage of the thread (2 hours, 20 comments) is incredibly disappointing. Hn usually has high quality discussions. What is it about crypto that causes us to lose our minds?
The quality of discourse at this stage of the thread (2 hours, 20 comments) is incredibly disappointing. Hn usually has high quality discussions. What is it about crypto that causes us to lose our minds?
We’re sick of seeing frontpage news about the latest crypto scam and fallout.
The quality of discourse at this stage of the thread (2 hours, 20 comments) is incredibly disappointing. Hn usually has high quality discussions. What is it about crypto that causes us to lose our minds?
It doesn't.