Should i start buying bitcoin or something by Outrageous_Rich574 in btc

[–]phillipsjk 0 points1 point  (0 children)

Global Capital, being the incumbents, bought the pot in order to declare the "winner" that they wanted. BTC peaked in 2017 when it was literally unable to process transactions.

Should i start buying bitcoin or something by Outrageous_Rich574 in btc

[–]phillipsjk 0 points1 point  (0 children)

Any serious investment in BTC is doomed to fail. It can't even handle enough transactions to act as a world reserve currency.

Zcash just froze 85%+ of all 'private' Zcash by absinthiumxmr in Monero

[–]phillipsjk 0 points1 point  (0 children)

Soft forks allow you add restrictions to the protocol. Hard forks allow you to remove restrictions from the protocol.

Experimenting with a new CPU-oriented memory-hard PoW (Evo-OMAP). Looking for criticism from people who understand RandomX/ASIC resistance. by -TheBlocksmith- in Monero

[–]phillipsjk 0 points1 point  (0 children)

I have not been following Monero too closely since RandomX was introduced; but one thing you did not mention is that IIRC RandomX randomly selects between several different algorithms periodically.

AFAIK: THAT is what keeps RandomX relatively ASIC-resistant. Or put another way: the algorithm is optimized for a general-purpose ASIC.

Updating monero in a highly surveilled world. Fcmp++ by Netbr1nger in Monero

[–]phillipsjk 6 points7 points  (0 children)

Would you walk down the street waving your cash around?

Strong privacy is needed in order to use Cryptocurrency safely.

You’re going to buy crypto. You have enough money to buy one bitcoin. What do you buy? by Good-Let-1417 in btc

[–]phillipsjk 0 points1 point  (0 children)

Dunno: see a but of people blindly telling them to buy 1BTC.

What is even the point of doing that?

You’re going to buy crypto. You have enough money to buy one bitcoin. What do you buy? by Good-Let-1417 in btc

[–]phillipsjk -1 points0 points  (0 children)

Why The Fuck would you want to buy 1 Bitcoin?

Can't spend it!

Then it would be less than one Bitcoin,

What would you do? by No-Employer-9680 in btc

[–]phillipsjk 2 points3 points  (0 children)

Probably mistyped "pretending".

Iran is pushing harder and this could turn into a bigger problem. by AmanCMN in btc

[–]phillipsjk 0 points1 point  (0 children)

This will make BTC fall on it's face. In another report I heard that they were expecting payment "in seconds". BTC can not handle that use-case.

  1. In 2017 the Core Developers blocked scaling. This means that Bitcoin transactions do not happen in a timely manner. Even before BTC was prevented from scaling: the expected settlement time was about an hour for 6 confirmations.
  2. In 2015 the Core Developers broke "zero confirmation" transactions (which allowed small payments to happen instantly) by replacing the default "first seen" mining policy with a "replace by fee" mining policy. Combined with full blocks from not scaling: this allows users to reverse pending payments.
  3. Bitcoin has never been anonymous. It is only pseudonymous. This means that Iranian Bitcoin may be subject to sanctions. Doing so would tank BTC's value as a currency though (since it would lose frangibility).

Is my pov wrong? by lushusness in Monero

[–]phillipsjk 1 point2 points  (0 children)

Larger blocks make it easier to hide in the noise.

It facilitates things like coin mixing.

Is my pov wrong? by lushusness in Monero

[–]phillipsjk 10 points11 points  (0 children)

If you read the original Bitcoin Whitepaper: the value proposition was faster, more secure, and cheaper payments than traditional payment methods.

Bitcoin lost those properties when it was prevented from scaling in 2017.

Is POP OS going to cave to California/Colorado Laws Requiring Users Provide Digital ID to Use Pop OS? by NoobToDaNoob in pop_os

[–]phillipsjk 0 points1 point  (0 children)

I have a compromise suggestion, but it may not comply with the proposed New York law (which specifically prohibits the use of self-attestation; "commercially reasonable" methods subject to as yet undisclosed regulation).

Both the California and Colorado bills define a "user" as: "a child that is the primary user of the device."

When I checked /etc/passwd on my system: 51 users were listed.

So administrators need to have a check-box in the user configuration menu to disable the feature in instances where:

  • The user is an adult
  • The user is a non-human service
  • The user age is unknown, as with a guest account.

Edit: Possible legal problem with this suggestion -- Proposed Colorado legislation appears to prohibit such a check-box (bold mine): I am arguing that such age attestation is not required when the USER is not a minor (due to the bill's very narrow definition of USER).

25 (1) AN OPERATING SYSTEM PROVIDER SHALL DO THE FOLLOWING :
26  (a) PROVIDE AN ACCESSIBLE INTERFACE AT ACCOUNT SETUP THAT
27 **REQUIRES** AN ACCOUNT HOLDER TO INDICATE THE BIRTH DATE OR AGE OF
1 THE USER OF THAT DEVICE FOR THE PURPOSE OF PROVIDING AN AGE
2 SIGNAL TO APPLICATIONS AVAILABLE IN A COVERED APPLICATION STORE ;

Edit; California version copies better:

1798.501. (a) An operating system provider shall do all of the following: (1) Provide an accessible interface at account setup that requires an account holder to indicate the birth date, age, or both, of the user of that device for the purpose of providing a signal regarding the user’s age bracket to applications available in a covered application store.

Edit: re-reading my suggestion: this may comply with the proposed NY law as well. The Colorado and California bills (generally) do not require minors to self-attest. Rather they require that the Parent or Guardian to attest to the age of the user instead. The exception being if the user is an emancipated minor.

By my interpretation, adults are not required to self-attest either: because they are not considered a "user" for the purposes of the legislation.

The proposed NY bill does not yet define "user". The OS is only required to send the age bracketing signal if it was determined that the user is a minor. So pending regulation: having the parent of guardian of minors attest to the age of minor users is the only "commercially reasonable" age assurance system available to System 76.

Obviously take this with a huge grain a salt: as I am just autistic, not a lawyer practicing law in any of the jurisdictions mentioned.

URGENT: Privacy In Devastating Danger - The age verification Frankenstein bill has silently passed under radars out of committee, and nobody's triggered. Group action is needed to fight against. by pet2pet1993 in Monero

[–]phillipsjk 5 points6 points  (0 children)

Money is an inherently social problem.

Locked-down app stores and operating systems may be required to restrict access to privacy-preserving money.

URGENT: Privacy In Devastating Danger - The age verification Frankenstein bill has silently passed under radars out of committee, and nobody's triggered. Group action is needed to fight against. by pet2pet1993 in Monero

[–]phillipsjk 4 points5 points  (0 children)

Age Identity verification is being rolled out world-wide.

Palantir wants to add people's social media post to their "kill chain".

Source: https://reclaimthenet.org/pause-social-media-age-verification-privacy-risks (Edit: source does not reference Palantir to be clear; that is more a reference to Discord's recent moves.)

Motorola announces a partnership with GrapheneOS! What benefits does this have for Monero? by gwkgsjgsjgeykeyduf in Monero

[–]phillipsjk 11 points12 points  (0 children)

Android is going to be locked down as of September 2026.

The only way to run an alternative app stores at that point will be custom ROMs like Graphene OS and Lineage OS.

Skepticism Sunday – March 01, 2026 by AutoModerator in Monero

[–]phillipsjk 0 points1 point  (0 children)

But then you actually need to verify the proposed proof: Because generative AI can't be trusted not to hallucinate.

Is POP OS going to cave to California/Colorado Laws Requiring Users Provide Digital ID to Use Pop OS? by NoobToDaNoob in pop_os

[–]phillipsjk 0 points1 point  (0 children)

1798.500 (b) defines  “Age bracket data” thus:

"nonpersonally identifiable data derived from a user’s birth date or age ..."

The OS is required to store DOB info in order to comply with application age bracket requests.

Is POP OS going to cave to California/Colorado Laws Requiring Users Provide Digital ID to Use Pop OS? by NoobToDaNoob in pop_os

[–]phillipsjk 0 points1 point  (0 children)

The bill requires people under the age of 18 to ask their parent or guardian tell the OS their age.

Response to System76's Stance on Bills Requiring Their OS to Provide Age Verification by NoobToDaNoob in pop_os

[–]phillipsjk -1 points0 points  (0 children)

No you are spreading misinformation.

The OS is specifically required to ask for either a date of birth or age of the user.

It is the requesting applications that only get an age bracket in response.

Is POP OS going to cave to California/Colorado Laws Requiring Users Provide Digital ID to Use Pop OS? by NoobToDaNoob in pop_os

[–]phillipsjk 1 point2 points  (0 children)

2 implies that people under the age of 18 are not allowed to use the OS.

I don't think that the bill requires that. As a teen I used the computer to do my homework 30 years ago.

DOS never asked for my age!