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preparation-H 5 points ago +9 / -4

YAY. The FE stuff has driven me away, and I agree that people trying to engage with them are often pulled into frustrating self-contradicting but relentless conversations. Giving them space on the sidebar is already kind enough. Some of them seem like weaoonized GPT bots and their explosion in number is definitely not organic.

1
preparation-H 1 point ago +1 / -0

The price is being manipulated, yeah, obviously. It's also being delisted from exchanges because it threatens TPTB.

The monero community also created atomic swaps with BTC-XMR and also now ETH-XMR are in development. This is to take control away from centralized exchanges, where price manipulation undoubtedly happens.

I'm not here to tell you about how you might ride a pump-n-dump wave to secure your financial future. I'm telling everyone reading, that there is a technology that is superior to BTC, something that is actually working towards Satoshi's vision when he created Bitcoin.

by pkvi
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preparation-H 1 point ago +1 / -0

Monero prevents this, and is superior tech, but most people are too stupid and focused on NGU to use it

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preparation-H 3 points ago +3 / -0

Gonna put in $0.02 to mention Monero. It is superior tech to BTC in many ways and obfuscates amounts, wallets, and IP addresses, preventing surveillance. It's also been seeming to decouple from BTC and the stock market since the Russia-Ukraine stuff kicked off

by pkvi
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preparation-H 2 points ago +2 / -0

The U.S. is like this because people must segregate by wealth now, so their children don't have to grow up in crime-ridden shitholes

1
preparation-H 1 point ago +1 / -0

A ton of the problems, yeah. It has the third biggest software team after BTC and ETH, and it seems that they're actually focused on fulfilling Satoshi's vision.

Another thing is they switched to a different algorithm in 2019 so that FPGAs & ASICs can't be built to take up all the mining supply. The new algorithm works best on CPUs, and regular consumer-grade CPUs are competitive. Because of this it's not sensible to build rigs just to use for Monero mining like it has been for ETH and such which can be competitively mined with GPUs (multiple per motherboard) or ASICs (purpose-built hashing computers)

2
preparation-H 2 points ago +2 / -0

Re the public ledger: There's a project called Monero that is an encrypted and obfuscated public ledger, hiding addresses, amounts, IP addresses, everything.

Re the gov't "taking over those centralized servers": They can stop exchanges but they can't stop peer to peer. And crypto was made to operate with peer-to-peer software. AKA decentralized.

1
preparation-H 1 point ago +1 / -0

Like others said, this is true of basically all websites with messaging

5
preparation-H 5 points ago +5 / -0

Article doesn't seem to say that. Not currently possible. Also some cryptos have quantum resistant methods (discussed in the article) on their roadmap

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preparation-H 2 points ago +2 / -0

Thotsky looks like Harry Potter lmao

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preparation-H 1 point ago +1 / -0

This is like $20 to make and is as secure as you can get. Less convenient than a hardware wallet but for cold storage it's perfect.

https://safu.ninja/

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preparation-H 1 point ago +1 / -0

Seems pretty easy to make this particular shit up at this point

1
preparation-H 1 point ago +1 / -0

Bro you don't listen at all. Everything, including real estate, has buyers and sellers that dictate the price. Real estate can decrease in value.

3
preparation-H 3 points ago +4 / -1

They can be accounted, though. In a distributed and trustless fashion. That is the point.

1
preparation-H 1 point ago +1 / -0

Also I learned from here about the paper silver market manipulation and that physical metal is the way, so that's what I do

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preparation-H 1 point ago +1 / -0

No I actually gained a little bit, because I have converted my BTC gains into other cryptos that have performed better lately. My total asset value went up by about 2% since Friday.

Take a look here at the 6 month view

https://www.tradingview.com/symbols/XMRBTC/

I timed that really well, and I'm sure it'll go at least back up to 0.007, maybe 0.01 or more if some development projects play out well this summer.

Gotta let the young'ns take some risks and have fun too, ya know

1
preparation-H 1 point ago +1 / -0

I would definitely agree that real estate was the right move to make when you did, and if I were your age, I'd definitely be thinking I should've followed those same steps.

Different generations are faced with different choices.

For what it's worth, I don't hold the foolish belief that all cryptos will go up forever. I think much of the crypto market will have a reckoning at various points in time.

I am converting out some of my gains into precious metals for that reason

1
preparation-H 1 point ago +1 / -0

I don't think you understand cryptocurrency tbh. Do you think there is value in a digital trustless value transfer mechanism?

-1
preparation-H -1 points ago +1 / -2

I think you should read more about NFTs. It seems you're making the argument "NFTs new tech. NFTs bad. NFTs NWO bad new tech." Why did you choose to talk about NFTs, because it's popular in the media?

1
preparation-H 1 point ago +1 / -0

"old white guy"

"talking at a country club to more old white men"

It's always weird to me how people use the 'rich old white men' trope, and especially when it seems to convey some sort of contempt (not saying you're doing this - just something that I see frequently and recognize the perniciousness of).

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preparation-H 1 point ago +1 / -0

Deoxyribose is a deoxy sugar which is the 5 carbon sugar that forms the so-called backbone of DNA, which is a nucleic acid

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