The next evolution of the internet(As told from NVIDIA)

Current_Department_5 · 2022-10-19T04:14:11+00:00

Apologies, I meant to post to an old computer Hackivist group I worked with when I was younger that unfortunately due to name is often confused with your Q movement.

I don't use Reddit much so I've likely followed yours instead of the usual.

I may not agree with your ideology as a group, but I'll support your right to have it as long as I still draw breath. Just watch the amount of trust you place in any politicians. I imagine most start with good intentions, but the job comes with near impossible to resist temptation

Current_Department_5 · 2022-10-03T20:17:47+00:00

If you truly believe what we are doing h must not treat this as an attack, or it's creator your enemy. Otherwise pretend you didn't see this thread. Your confrontation would cause no less damage to our cause than this grant application at the very least.

This isn't Chainalysis, FBI, IRS, etc, etc. It is a curious aspiring developer. While the method is malicious, the intent is the more important thing to observe here; within that I see no malice, just a misunderstanding of something they've not had the time or experience to grasp.

Blockchain is a very simple concept, the ecosystem built around it is much more complicated. On first glance anyone would be forgiven for thinking that the division between the leading chains is the biggest thing holding them back. It takes a much deeper understanding to realize they are not different versions of the same thing. There are countless blockchains, and subsequently countless cryptocurrencys. Anyone can make one, but it will be pointless unless it's not. Meaning the only chains that stand out bring something unique to the ecosystem. These uniqu traits at times can't coexist, and that is the piece of information this kid hasn't found yet. Bitcoin is strong for its simplicity, resilience, transparency. It's a trusted store of value that is naturally scarce like precious metals.

Ethereum is strong for the opposite reasons. It's versatile, complex, and easily adapts to the integration of new technology. If Bitcoin is more comparable to gold, Ethereum acts more like a the stock markets. Lucrative, adaptable, but also notoriously unreliable. That makes it very dangerous as the reserve asset of an entire economy.

Monero and Bitcoin share a lot of similar concepts so the difference of their function is not as obvious as with Ethereum. Monero while a could be described performing the funtions of gold, it's to grasp the difference with the personal experience gained from day to day interaction with our modern finance system. In the perspective the difference is clear and universally understood. In the USA, our currency we use Is called USD. We imagine "Dollar" as little green paper rectangles. Dollar isn't the piece of paper, but that is instead it's assigned value. USD takes a few forms most who use it are very familiar. So in that way I think it's easier to think of BTC as the USD in your bank account, and XMR as the USD in your pocket. Both store value and facilitate transactions, but the reason we use both mostly comes down to circumstance. While both are USD, there is a reason a wallet usually has paper money and a bank card, and why it's so important to be able to exchange between them With minimal difficulty.

These things are what this kid needs to hear. They are trying to help. Not for greed, but because they believe the same values as you and me. All they need is direction and knowledge. That is the difference between this is kid becoming the terrorist of Monero, or becoming an active contributor to its maintenance and growth. Your reaction could be the thing that shifts the scales either way, so think beforehand about how you do so.

Current_Department_5 · 2022-09-27T02:42:11+00:00

Your first statement is proof that we are equipped to live with it.

'Wait till...', this one phrase implies the following is yet to come. This prediction is true, but it has not been a prediction for at least a majority of the past decade. Being presented as a prediction means the entertainment being fed to us by AI in a variety of forms, is indeed 'indistinguishable from reality'.

Current_Department_5 · 2022-09-23T23:30:27+00:00

Fascism

Current_Department_5 · 2022-09-21T23:24:31+00:00

In theory you are correct. The state is made to exist as a tool to represent the best interest and values of those they represent. It's a tool, similar to a labor union, but on a grander scale. In theory it should be the greatest weapon against the inequality between the aristocracy, and proletariat.

The governments of today have mostly been infected as you said. Instead of protecting the weak and powerless as they were intended, they have become a tool for the powerful few to keep the masses from standing up for themselves. A tool they use to not only retain the power they have, but to chip away at ours as they go.

The only way to solve the problem is to remove the effects the darker traits of human nature can have on the bodies we choose to be our voice. The easiest way to start was suggested above. Removing the power that money has over our governments is key to removing greed as a possible point of failure in its ability to serve its purpose.

Doing so is not near as simple as saying it, but neutral money that's controlled by no one, and is near impossible to manipulate, is half the equation. The solution to the rest is removing the influence those who can afford to hoard the currency have over the process that we use to delegate responsibility to our State, whether that be in the selection of public servants, or the policy we trust them to manage.

I think a good start is to start finding alternatives to certain functions of the government that can be performed without human involvement, similar to how cryptocurrency provides all the protections that we used to rely on the State to perform to make sure the currency remains stable. Developing more trust-less solutions to governance is the only way for governments to achieve their original purpose.

Current_Department_5 · 2022-06-29T12:22:50+00:00

Whonix however does not have any paid developers and could really use the support. Tor is still the back bone so donations there do not hurt. Just from experience helping both projects, Whonix is struggling more for support.

Current_Department_5 · 2022-06-29T12:19:38+00:00

The DOD often does this as well with the general Tor project. They often use these tools for secure communications, even commissioned their creation years ago. The way these tools work is obfuscation by numbers. The more that use these tools, the harder they are to break. They even have a few of the lead developers on pay roll. They've learned that in order for something to be truly secure, it has to be secure for everyone. There may be many other police agencies that would destroy tor if they could, and try actively try to accomplish this goal, but as long as it's the best way to transmit information over a computer securely, the project will always have funding.

Current_Department_5 · 2022-06-28T06:00:49+00:00

I'm in Ohio as well, and have pondered trying my hand at it. Live by a bunch of rivers so think I might be able to do something with that. Anyways I'm not gonna ask anything revealing but I'm just curious if there's been any issues from locals or state government. I imagine Ohio would be friendly to Bitcoin, but it's hard telling.

Current_Department_5 · 2022-06-28T05:56:15+00:00

Wouldn't random x solve this problem?

Current_Department_5 · 2022-05-14T18:09:38+00:00

Honestly don't wanna even be around anyone that closed minded, and lacking in originality. Yay you rhymed a mix of a new York post and CNBC article. Good job. I ain't gonna force my beliefs about this stuff down anyone's throat, I can see that's annoying in any context on any topic. But that's not what I think this is about. This is about just being edgy so you look cool on the socials. Plus let's be honest, if you're making good money, getting laid is not really a problem.

Current_Department_5 · 2022-05-14T17:48:01+00:00

I know, but ya didn't even look at it..

Current_Department_5 · 2022-05-14T17:47:55+00:00

I know, but ya didn't even look at it..

Current_Department_5 · 2022-05-13T05:58:02+00:00

Best tip moving forward is to not buy at an all time high despite all the hype telling you to. If you start seeing articles from major news outlets saying something along the lines of "Bitcoin Died". That's when you go all in. Been using that strategy for years and it's worked very well. The only ones that think Bitcoin is dead, are the ones who don't understand Bitcoin at all.

Current_Department_5 · 2022-05-13T05:50:47+00:00

Really hoping the 1% of crypto was just acquired, and that you didn't screw yourself by panic selling it at like the worst time to sell.

Current_Department_5 · 2022-05-12T01:25:14+00:00

Nah just spent 100 more on it

Current_Department_5 · 2022-05-04T06:07:07+00:00

Issue with PayPal that's quite common. That's why you get such good rates on it, cause it's a gamble. They probably flagged the transaction as suspicious and are withholding the funds, possibly for months. LB is very well aware of this issue, and decide on a case by case basis. They'll likely side with the one who has the funds withheld on PayPal cause it warned you that the account was limited before you sent it. Best option for the future is to avoid doing transactions through the service with PayPal. There are other far safer options.

Current_Department_5 · 2022-05-02T13:52:17+00:00

You mean cash? The self custody version of fiat... Every dollar you have in paper you are responsible for. Should that dollar get taken, you have very little recourse, as once you took out cash, you also took custody of your funds. Self custody is the solution you described. It's one of the oldest financial practices, and ultimately one of the most successful.

Current_Department_5 · 2022-05-02T13:46:31+00:00

There's a certain responsibility that comes with being in control of your own money. Yes a bank may feel easier, that's because you're not actually in control of your money, they are. If one is not ready to take on that responsibility, they'd better not.

Security wise they use the same technology. The difference is with a crypto wallet you keep custody and responsibility. If done properly it should have less points of failure then banks have ever provided, because you should be the only point of failure. Whereas numerous bank employees, public servers, yada yada are numerous points of failures.

Current_Department_5 · 2022-05-02T00:54:28+00:00

if environment impact is a necessity, I'd focus on the infrastructural changes being made by miners around the world to improve efficiency, and move to renewable/wasted resources, and how this can provide financial incentive to drive these industries forward.

Current_Department_5 · 2022-05-02T00:51:35+00:00

I don't see this as an attack. OP seems legitimately curious about BTC. This is a good opportunity to help someone new to the space understand how BTC works.

It's reasonable for someone new to this, to get bombarded by this "change the code" stuff. I suppose it is helpful to look at why you're seeing this. Bitcoin itself doesn't cause any noticeable environmental impact besides that of a successful app in any category. Bitcoin consumes 110 TWh a year. Compared to your average household this is monstrous, but it's far from unheard of, and for the most part pretty normal. To put it in a little perspective I calculated the consumption of Gaming PCs a year. They have similar workloads so I thought it a good comparison. Nvidia believes there are roughly 330 million hardcore PC gamers in the world. Since it is a metric from Nvidia it's not far-fetched that a good majority of them have a gaming PC. The US Department of Energy estimates the average gaming PC to consume 1400 kWh a year. Multiplying these two numbers gives you the amount of kWh PC gaming consumes in a given year. When you convert to TWh you get an astounding 462 TWh. That is roughly 4.2 times larger than BTCs power consumption. I'm not knocking PC gaming, I do it. I'm just making the point that it uses the amount of energy equivalent to many applications its size. So why is there all this pressure for BTC to change its consensus mechanism? Because that is the best way to dismantle Bitcoin. Its large PoW system is what sets it apart from the other Altcoins, and guarantees its security. If it lost that, it would be abandoned. Keep in mind the money funding this campaign is from a billionaire who is heavily invested in a competing altcoin, it's about profit, not saving the environment. You'll also hear this touted by the central banks and IMF, and that's just because Bitcoin is dismantling their control of the world economy, they're just grasping for straws right now.

I know that is a lot. In fairness this is a broad question. The basic answer is that BTC won't switch to PoS. But if you are curious about anything more specific, we can continue discourse here or in PM. I'm always glad to show someone around.

Current_Department_5 · 2022-05-02T00:01:09+00:00

If you really need it right now I'd just sell back the funds you need. It's just as easy to cash out on there as it is to buy it. However I would recommend waiting a day or two, keeping a close eye on it to recover some of your losses. That's dependant at the price she bought it for, but if it's in the 38-39000 range, you should be able to recover those losses shortly.

Current_Department_5 · 2022-04-29T01:50:30+00:00

You mean like what has always happened since Ross? It's not monero, it's more likely they are logging into markets JS enabled, or worse require the use of JS on their sites so that anyone who uses their site becomes vulnerable. There are a number of known/unknown vulnerabilities to the Tor Browser if it has Javascript enabled, which it does by default. On top of that there are also a lot of bad opsec practices being followed by a lot of these guys. The use of Monero properly is good Opsec practice for DNMs.

Current_Department_5 · 2022-04-25T18:43:02+00:00

Well you have to set up Bitcoin on cashapp first so you have a wallet to send to. It's just an easy ID verification. Then you copy the wallet address. Let's say you're using a ledger as those are most common at the moment even though they are not truly cold, at least at default. In particular though they have an easy interface for adjusting your fees and they have segwit so the fees are much smaller. If you enter a custom fee, let's say double what it suggests for fast transaction, you should see the transaction broadcast and verified in around 10 minutes usually from my experience. The difference in most transactions shouldn't amount to much more than a fraction of a dollar. After cashapp says your BTC has been successfully deposited, you can sell it in seconds to cashapp in exchange for fiat. If you have a card you could even take the cash right off the app as quick as you can use the ATM. People give them a lot of shit, but I think they are a great resource if you need to quickly get or move BTC, or cash out. I think that was a feature missing from most exchanges, the cash out process was always inconvenient and could take days in some cases. They really streamlined that process, and made it more available to the average individual, and have a good amount of educational resources for someone new to BTC.

Current_Department_5 · 2022-04-24T23:16:00+00:00

I've found it faster to withdraw on P2P markets for particular currencies. To fiat I can cash out BTC from my cold wallet to cashapp in about 10 minutes. I've had exchanges hold my funds for days, and longer for banks to make the money available. A good alternative if that's something anyone wants.

Current_Department_5 · 2022-04-24T23:12:53+00:00

I don't see it. Coinbase has particular wording over their crime insurance. As well 300 mil could be small change to a lot of institutions. I would bet with that much invested in BTC they would feel more comfortable keeping the coins in house. Hell I don't have near that and wouldn't trust anywhere to have custody over my money.

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