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controversy
Tor is what the internet was supposed to be, decentralized.
S/O Cloudflare.
Monero is what crypto is supposed to be, decentralized.
S/O BNB, a coin literally owned by a private company.
/discuss
Comments
What to discuss?
The end is fucking nigh. That's all.
The internet became exactly what it was supposed to be, the product of humans involving themselves with machines.
Cryptocoin is becoming exactly what it was intended to be, a scam.
I2P is what the internet supposed to be decentralized
the end is not nigh
time keeps going
brains keep thinking
shit keeps changing
I think crypto is more about globalization. Humans becoming more than what their local government tells them they can be.
peer to peer, no different than tor really.
It's all a scam one way or another imo
currency ultimately is all based on perception, dollars aren't backed by gold anymore, and even if they were gold is only valued on perception itself.
there's ultimately no difference than traditional currency and cryptocurrency.
it's perceived as valuable, therefore it is.
Internet Research Task Force (IRTF) recently established Decentralized Internet Infrastructure Research Group (DINRG) to address this very issue.
Make Internet decentralized again.
I2P is much decentralized network than Tor cause TOR relies on the faith and goodness of people to willingly volunteer their personal resources to run a node.
agreed
I don't think germany is willed to start and lose a world war again. Maybe USA or China want to do that this time? Without a world war and a cold war after that, goverments will prioritize copyright and beeing able to censor what they don't like and tell the IRTF, IETF and who ever else is big enough to establish standards to obey their priorities or to STFU about such efforts.
traditional currency is backed by all govt around the world with their respective countries currency and those shitcoins are backed by what ? All govt can easily ban all those coins one day and make transactions almost impossible .
Decentralized by whom?
World's largest polluters.
We already build decentralized communism
Crypto.com Coin is at market cap 20 something while XMR is at market cap 40.
People don't care, they want profit. XMR, or some other privacy coin will eventually replace BTC but that will take many, many years
Money cannot being decentralized.
This is true. Weak hands are everywhere. Buy high, sell low.
Bitcoin wallets owners are the same a bank. They may suspend your account or start charge high fee for your transactions. They have all control over your money.
Monero solves this. If all coins look the same you cannot censor anyone
Moving between users, yes may be but if you looking for withdraw problems will be started. In and out always controlled by whom
In the future you won't have to sell your XMR
Basically I agree with you but one should keep in mind that not only perception, but also demand and supply dictates value. Dollars no longer backed by gold has unlimited supply, as evident by the US simply printing more and more money. Gold and most serious cryptos on the other hand has a limited supply, many cryptos even have algorithms incorporated to control the supply. Bitcoin has target hash and halvening, and most serious cryptos have something similar.
People who call crypto a scam does not understand it.
When you start use your Bitcoin to buy things in your near supermarket everything being OK. Most time you need withdraw cash first to do that. And pay high fees to other party.
All currencies are backed by trust, nothing else. If any country/government would fail, respective currency will follow. Many examples in history.
No. They can just slightly complicate cash out.
Thats true, I was just simplifying things to make a point.
Right, because no scams have happened with crypto. /s. (Yes, I know, it's no different than scams with cash).
While you point out there's a limited amount of bitcoin's available vs cash keeps getting printed, that didn't stop a bajillion other cryptos from being created with nothing of value added to society besides wasted resources.
We have venezuelan bolivar which is also wasting resources to be printed. Same about zimbabwe.
There would be crypos and cryptos.
Yes, the governments can try to regulate and forbid them, but that wont make it much harder than now to deal with them unless there are suddenly fines or jail terms applied.
If that happens, though, people will become even more interested in cryptos.
At this time the wait and see approach is not working. Cryptos became an investment asset and this is NOT what Wall Street wants, they would like to keep their casino fed and cryptos take away from it.
We will have a battle of wills, add cryptos to the official casino or leave it on the side as wild cats? The government will say ban it, WS will say regulate it, people will say leave us alone.
You can't buy groceries, but can buy a fucking lot online, we are in an industry which does use it way more than in other places (except organized crime, of course).
Paypal charges more fees, scams you with chargeback fees and whatnot? There are alternatives.
Of course, nothing is perfect, but to think there are alternatives is refreshing.
That's why I specifically said "serious cryptos".
Sure there are scams in crypto, but that does not mean that crypto is a scam.
Your argumentation is totally irrelevant and can be applied to everything.
Viruses and ransomware are software. There is a bajillion other things created in software with nothing of value added to society besides wasted resources.
Is software a scam?