• 0 Posts
  • 35 Comments
Joined 1 year ago
cake
Cake day: June 13th, 2023

help-circle







  • If you are a company and run a webstore, it could be mandatory that all funds must go through a wallet where the tax authorities have a view key. This would be trivial to enforce with penalties whenever for publicly using addresses that point to other wallets. Peer to peer transactions (for eg. used goods or produce from your garden) are already except from taxes in my jurisdiction, so these transactions can be private.


  • people willing to exchange it for goods and services Never happened.

    This is literally what you do every day. You exchange something for goods and services. This something is money based on it’s functional role, not some obscure definitions. To be money, it must be used as money. To be used as money, a group of people must agree that the item is worth exchanging for. This something does need to fulfill additional properties to be useful, notably it must be fungible, durable, portable, recognizable, divisible and have a stable supply. Gold does fit this description, but so does fiat.

    What you are describing is a government issued currency, which has some overlap with money, but is not the same thing. Maybe you should research on this stuff.


  • itsmect@monero.towntoLemmy Shitpost@lemmy.worldPlease Stop
    link
    fedilink
    arrow-up
    3
    arrow-down
    2
    ·
    6 months ago

    The idea that money is tied to the state is silly. Many things have been used as money, way before the concept of a “state” existed. Undeniably the money that lasted best across the passage of time is gold. Up until very recently it was the standard to settle cross country currency exchanges with. The value does not come from the state, but from people willing to exchange it for goods and services. Todays fiat money is created at will by a few select people that are not democratically elected. They get to decide how much they debase your savings for the “greater good”, while the ones that profit the most are those who control the source.

    Most people do not care about their open source, privacy and digital rights, so they only hear and care about crypto when the price jumps or when it is used for crime. Everything else is simply not newsworthy. So you end up with a bunch of “investors” looking to make a quick buck and people who believe to solve crime with more laws (requesting ransoms is already illegal, has existed before crypto and currently gift cards are scammers favorite form of payment).

    I never mentioned the price nor suggested investing, because quite frankly, I don’t care. What I do care about is giving the few big companies that control the internet as little data and influence as possible, and not processing payments through them is a really important step. So I keep about as much crypto as I keep cash in my wallet, and use it preferably when buying or selling.


  • itsmect@monero.towntoLemmy Shitpost@lemmy.worldPlease Stop
    link
    fedilink
    arrow-up
    3
    arrow-down
    2
    ·
    6 months ago

    I prefer free software not for its price, but for the freedom it gives me. Naturally I donate to these causes roughly what I’d have spend on a commercial one. They however do not need to know who I am, so I exclusively use crypto for that. I made one exception for an organization using paypal, and promptly they pulled address and name from that, gave it to a 3rd party which then send a postcard to me. You could see it as a nice gesture, but I think it’s just rude to use data in ways I did not explicitly consented to. Just take your money and leave me in peace.

    In a similar manner I like to use it to pay for email, vpn, hosting and other online stuff. In fact this lemmy instance is 100% paid for by microdonations from its users, and because the provider accepts it directly no conversion was needed.


  • itsmect@monero.towntoLemmy Shitpost@lemmy.worldPlease Stop
    link
    fedilink
    arrow-up
    4
    arrow-down
    4
    ·
    6 months ago

    Crypto is not anonymous. Even monero, the most private cryptocurrency, has a feature called “view only wallets”, so 3rd party auditing is possible, if not easier then auditing today. Will individuals use it to avoid some taxes? Sure, it gets easier for them. Will corporations avoid more taxes then they already do? Doubtful.


  • Well their can not be uncapped fractional lending as it is right now. The bank could offer a credit card equivalent, but it would need an equal amount of deposits. The current system works by essentially crediting the merchant an IOU, whose value does not have to be real. With crypto merchants get to choose, would they rather have native crypto, or an IOU with strings and contracts attached? Obviously the latter is more risky, and therefor the seller has to factor it into the price/ transaction fee.

    Maybe that can be somehow circumvented too. But it certainly is more difficult then the meddling that happens right now.


  • itsmect@monero.towntoLemmy Shitpost@lemmy.worldPlease Stop
    link
    fedilink
    arrow-up
    5
    arrow-down
    2
    ·
    6 months ago

    I don’t use AI to copy other peoples work. I use AI as a better search engine for obscure topics where I don’t know the right keywords. Describe your issue in cleartext, and out comes enough info to migrate to a better search. I’ve also used AI to modify my own works, ie. “blur out the background of this image” or “remove object from image”.

    When people argue in favor of traditional banking because they are more “environmental friendly”, I really have to ask who is arguing ion bad faith. Aren’t credit cards a thing because banks know that given the chance people will consume more then they can afford? They are the one complicit in our consumerist culture, which arguably places a much higher burden on the environment. But the calculation is much broader then comparing the power consumption of ATMs with crypto networks, so it’s easy to sweep that part under the rug.


  • itsmect@monero.towntoLemmy Shitpost@lemmy.worldPlease Stop
    link
    fedilink
    arrow-up
    3
    arrow-down
    1
    ·
    6 months ago

    AI has the potential to become a tool which strongly favors and benefits the ruling class. Us peasants get the locked down version, while government agencies get to use the full power for cyber warfare and disinformation campaigns, and large corpos get to manipulate (“advertise”) to you in most manipulative way to act in their best interest.

    The way I see it good people shy away form using AI, leaving only the assholes wielding their new would powers. Those with ill intentions will find ways to use it, no matter how many laws you put up to prevent it. To defend yourself the best approach would be to learn how to use AI yourself, so that you can detect and react when AI is used against your best interests.

    Does this make me pro or con AI? I honestly don’t know. Maybe complex things are never that black and white to begin with.


  • itsmect@monero.towntoLemmy Shitpost@lemmy.worldPlease Stop
    link
    fedilink
    arrow-up
    4
    arrow-down
    2
    ·
    6 months ago

    In my experience it works extremely well for everything online and digital content. The instance I’m on? 100% crowd funded with microdonations and the hoster directly accepts it without conversion back to fiat. I pay my email and VPN also like this, and on mullvad you even get a 10% discount.

    But yes, for everything physical it’s a long way ahead to become widely accepted.


  • itsmect@monero.towntoLemmy Shitpost@lemmy.worldPlease Stop
    link
    fedilink
    arrow-up
    36
    arrow-down
    31
    ·
    6 months ago

    I think it’s funny how most lemmy users are pro open source, pro privacy, pro digital rights; but once it comes to money all that is thrown out of the window and they happily get on their knees for paypal and the few other large players.

    Yes, the current state of crypto is a mess. People are attracted by the promise of the big payout, rather then seeking an alternative payment system, making them ripe for scammers that promise the world, but in the end only rug “investors”. Even “functional” cryptos are often highly centralized, making them as bad as banks in terms of reliability. Almost none implement any privacy features, and if they do, its typically a tacked on afterthought.

    But this does not make the original idea invalid. Will it ever live up to the promise of alternative money? Maybe. Maybe not. Only time will tell if the issues that exist right now will be fixed.


  • The per person metric is great! ~If you are a large corporation and need to shift blame that is.~

    Yes, extraordinary personal consumption can make things way worse, but lowering your standards can only improve things so much until you hit the limit. imho the solution lies in using the resources we have more efficiently, so that people can sustain and improve their living conditions, while greatly reducing the ecological burden. If you demand that people shall lower their standards for the greater good, it will work about as good as telling them to wear a mask during a respiratory pandemic.



  • Same here. Donated not only to cover my installs, but also for everyone I recommended it to. I hope the f-droid version wont be affected, otherwise I have to uninstall the upcomming bloat- and spyware ridden versions manually from a bunch of devices smh.

    I mean I am fine with apps not being maintained and eventually break, but selling out and breaching trust like this is exactly how regular companies would treat me and why I chose FOSS in the first place.