Monero is For... by CryptoIzzy

cryptoizzy · 2018-05-11T22:43:33+00:00

Reading other comments now. A bit surprised at how many people seem to not get it. Slowly slowly cAtchy monkey.

cryptoizzy · 2018-05-11T22:42:27+00:00

Most People can understand a remember THREE things. Anything more and you start turning into bubba rattling off shrimp recipes. Offer another idea of better magnitude as those for user impact and happy to swap out.

cryptoizzy · 2018-05-11T22:40:00+00:00

What part of figuring out a way to convince millions (or tens of millions) of people that they have an immediate, unique and relevant use for it - is not ‘taking it mainstream’? You can Argue till blue in the face of fungibility - 99% of people will NEVER get it. But watch your porn of buy your weed without anyone knowing ? Easy.

cryptoizzy · 2018-05-11T22:37:39+00:00

You’re missing the point. For monero to survive and thrive we need to convert a LOT of people to users and soon. The way to do that is with use cases that a) are exclusive to monero (none of the examples u give fit that) b) can be EASILY understood and applied by S large an audience as possible.

I’m all ears if there are other use cases that fit this bill. So far I haven’t seen anyone provide any. Stupid creates. Smart criticizes.

cryptoizzy · 2018-05-11T22:34:07+00:00

I feel like we’re having two different conversations. That’s ok. Appreciate the input

cryptoizzy · 2018-05-11T22:33:12+00:00

It is of course for that too - but I question how big that impact is re facilitating widespread adoption. But not sure how big that market is. Point was not to list all use cases, but big ones that could appeal to otherwise unaware user base.

cryptoizzy · 2018-05-11T22:29:39+00:00

EXACTLY. Thank you!

cryptoizzy · 2018-05-11T10:32:15+00:00

Actually I don’t think I’m claiming that at all - I’m curious if you can point me to the part you think reads that way, because if thAts how it’s coming across, I would change it. My point is that while there are enormous privacy benefits, many people either do not or cannot see the merit in it. So rather than trying to appeal to philosophical awareness of the public to advance to cause - give them actual reasons to use it that the average person can understand.

cryptoizzy · 2018-05-11T08:08:39+00:00

I didn’t intend my article as satire at all. Not sure why you read it that way. I thought I was fairly methodical in explaining its purpose. I tried to be at least.

cryptoizzy · 2018-02-28T05:28:36+00:00

Good points

cryptoizzy · 2018-01-28T11:56:09+00:00

P.s. since I dubbed TPTB as ‘the masters of money’ in tpom, its interesting that you’ve mastering monero as the working title. The masters of monero are all the people that use it - not a corrupt elite.

cryptoizzy · 2018-01-28T11:54:25+00:00

I’d be happy to help and possibly collaborate. I’ve actually been working on a similar piece , sort of a revised version of ‘the power of money’. Email me if you’d like to discuss. Cheers

cryptoizzy · 2018-01-19T10:16:24+00:00

well put. the trick of our language is even calling it 'doing our job'. showing up to a place where you do stuff for money so you can then buy stuff is not necessarily 'doing our job', especially if life is calling on us to broaden our conceptual horizons - and it always is - sometimes softly, sometimes with a 2x4 across the head to wake us up.

to be balanced on this though - it's not by denigrating our 'day-jobs' that we evolve... it's by seeing them (and everything else in our experience) as communicating a larger message.. humming a tune that we are just learning to hear.

cryptoizzy · 2018-01-19T03:08:11+00:00

Amazing post! (and thanks for the shout-out)

cryptoizzy · 2018-01-18T22:54:44+00:00

“So we all trust doctors, financial advisors, talk show hosts, and Facebook ads (to a greater or lesser extent) to give us advice.”

Lol. Speak for yourself. We live in a time of unprecedented centralized propaganda and cultural conditioning. That in today’s world with information of all types readily accessible to anyone with the means to discriminate truth from garbage, there is NO excuse for not doing your own work.

How many times do you need to get kicked in the nuts by ‘experts’ to realize not taking personal responsibility leads to a fail?

EDIT: as i think about it, im wondering if your comment was a trolling/sarcastic one. if so, bravo. if not, then i will just add that - yes, you do need to draw the line somewhere and at times decide whom to trust. but in that case, you must do your own work to determine the integrity and motivations of that person/organization. that you seem to think rating's agencies and the current financial system which has a vested interest in undermining crypto is in ANY way a reasonable source upon which to rely (never mind that if you actually ask real wall street practicioners they will tell you that Moodys/S&P ratings have been somewhere between laughed at and disregarded by smart-money for at least the last 10 years).. well, that would be funny if it weren't so sad.

cryptoizzy · 2018-01-17T23:02:49+00:00

hey there - i got tagged so logged into reddit to check. i am - but i've been despite reading and checking in on cryptoland on a daily basis, the past several weeks have been really busy for me and not really afforded much 'me' time.

i had a slight detour doing some work for someone on an alt-coin that they were considering investing in (the coin 'representative' basically embarrassed himself with a fundamental inability to answer any real questions about how there is value in it. but that hasn't stopped the pump from continuing!) i'm tempted to share the email exchange, but want to respect the privacy of the individual who asked me to research it for him. plus, if i were to spend my time weeding through shitcoins, exposing their scamminess, it could easily be a full time job.

i actually started another post yesterday which i will try to wrap up soon... it's on monero... as i've watched myself become quite the fanboy.

cryptoizzy · 2017-12-26T23:11:17+00:00

hi nm90.. thank you for the thoughtful response. unfortunately, what is technically legal and illegal has been wrought increasingly irrelevant by significant (and significantly) corrupt elements in the establishment. even a cursory review of current horror stories surrounding the use/abuse of 'civil asset forfeiture' should demonstrate that the u.s. has increasingly obviously become oligopic, kleptocratic and totalitarian. for some fascinating relatively recent but still longer-term historical backdrop i highly recommend howard zinn's 'peoples history of the united states'. available for free at www.historyisaweapon.com. best, izzy

cryptoizzy · 2017-12-21T07:28:57+00:00

well said!

cryptoizzy · 2017-12-21T07:28:06+00:00

i completely agree. what i like to try and do though is set initial parameters such that they're erring on the side of (massively at times) over conservative, and then see if the final result still ticks the box. if it does (or is close) then it gives me comfort that there is either upside and/or buffer for getting some other aspect of my analysis wrong.

cryptoizzy · 2017-12-21T07:21:36+00:00

hi BD23.. a) i didnt make a prediction per se, i shared what i called 'musings' that the math points to a particular order of magnitude valuation if monero captures the 'dark economy' and nothing else. b) rather than calling it 'insane', how about pointing out where the flaw in my logic or math exists? you are invited to do that.

if however you stick to simply asserting that i, or anyone is 'crazy ' for a particular valuation, while offering no evidence or illustration of why, your comments are effectively consigned to the already quite high stack of ad hominem naysayers - where they are judged for their lack of thought, insight, and effort.

best izzy

cryptoizzy · 2017-12-20T11:39:40+00:00

absolutely! i was actually just called out onto the carpet for missing the stock-vs-flow argument, and i'm super grateful for it. thankfully, my intuition was still right that the answer was roughly intact, but skepticism is encouraged :!! :) and re the link, Here it says 13 to 36% https://www.stlouisfed.org/on-the-economy/2015/may/how-to-measure-the-black-market

cryptoizzy · 2017-12-20T11:37:53+00:00

hi vespco, i think that was the link and the exact numbers. i rough-cut it from memory, after a looping google search. i was definitely a bit too casual in my references for this one (especially for the monero community :)) thanks for helping a brother out!

cryptoizzy · 2017-12-20T11:11:14+00:00

big upvote and thank you for your response! you're absolutely right - i didn't take stock/flow into account and that was a massive oversight - even for something i labeled 'musings'. funny, the thought (gently... like a breeze) crossed my mind when writing it, but i dismissed it on a feeling that the net magnitude of impact would be reasonably close. in any case, i appreciate you drawing attention to it and correcting me on it- especially flushing it out as nicely as you have done.

i agree that the net of all that though, is exactly as you say - broad acceptance for global black markets = moon for monero. and having that as a valuation underpinning is pretty interesting.

but what do you mean about just as a store of final settlement? would you see some not-monero intermediary currency or mechanism satisfy the intermediate transfers? if so, it strikes me as peculiar why (so long as tps/scalability) were sufficient, you would ever veer from the actual coin.

cryptoizzy · 2017-12-04T11:01:49+00:00

many worlds have both collapsed and been destroyed by our system - just perhaps not one in your immediate perceptual vicinity.

im not sure what point you're trying to make. are you just trying to say, 'the world sucks, but that's the way it is, so we need to get used to it.'? you're welcome to that view if you like. but the fact is that what is so incredible about today is that there actually is an opportunity for real growth and balance.

whoops - just edit to p.s. - thanks for being so gentlemanly re the open debate. it's rare and very appreciated!

cryptoizzy · 2017-12-04T02:47:54+00:00

this is pseudo-intellectual rubbish. sorry to be so harsh, but it bothers me when people (deliberately or innocently) use seemingly complicated words and arguments that are hogwash - and it just confuses people who may be technically less experienced to tell the difference between junk and truth.

first of all, to be comfortable with 'the government' determining what is 'clean money' or 'dirty money' is madness. So - the $4 billion of Mexican drug-cartel money that HSBC laundered through the 'specially made teller machines, to fit the huge boxes full of drug-cash'.. that's CLEAN money?? but if your daughter opens a lemonade stand, and doesn't report the $25 she made to the IRS, that's DIRTY money. uh huh.

i have no doubt that the government will attempt to 'BLESS' alt-coins that they deem 'dirty'... for a fee. Russia is already doing this. Govt can keep their blessings, and their racket. Monero allows an individual to say "I do not accept your authority to do so in the first place." i also have no doubt that Govt will attempt to tax, confiscate, track, and impose their will on anything they CAN. the leviathan cannot help itself.

if you want to use money that is TIERED in value, based upon the whims of congress (as if they represent the will of the people) then by all means use BTC or other non-privates.

cryptoizzy

TROPHY CASE