 This is essentially a shill post for monero. stop shilling on the dash forum. Xdashguy's extensive and well-written critique and explanation of why he sold all his Dash has almost nothing to do with any other coins. The name of the other coin you insist on fixating upon only appears ONCE in the entire essay (and not the Governance section coblee is specifically referring to). This is exactly what I'm talking about when I make fun of DashHoles for being so jealous, thin skinned, paranoid, and hyperdefensive that they take any and all criticism of Dash as somehow "trolling" and someway "shilling" for different coins. The list of people you are accusing of trolling and shilling is now beyond ridiculous. Greg Maxwell? Troll! Peter Todd? Troll! Charlie Lee? Troll! Fluffypony? Troll! Solarminer? Troll! vertoe? Troll! New addition: xdashguy? Confirmed Troll! "Essentially a Shill!" And don't forget: Tone Vay? Troll! (source: https://twitter.com/ToneVays/status/717822927908024320) |
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All cryptocurrencies are under the scrutiny of the FBI--it's the FBI's job to monitor darkmarkets, tax evasion, and the like--it's the fact that the FBI is worried about Monero that is the point of the article.
The FBI is singling Monero out for the very fact that its special properties put it on the same footing as two of the oldest and most trusted coins used for illicit activities--this is what cash is supposed to do, this is what capitalism is supposed to do. Good money does bad things. You will never see Washington wince when he's used to buy crack, you will never see him yawn when you buy the morning paper, and you will certainly never see him cheer when you buy an ounce of your grandmother's illicit cataract medication. Good money does bad things, period.
Those people fretting and hand waving do not see (or likely choose to ignore) that real freedom is tied to private money--good money capable of exerting its holders free will at any moment, at any time. Those that say big government has already won, have already lost the will to fight, to do what's right in the face of impossible odds, to be vigorous freemen in a time apathetic slavery. At the end of the day, every man and woman's choice is simple, to be a slave or a master--if you are waiting for the powers that be to validate your investment, you have made your last free choice and will gladly take what's handed to you--and though I will feel pity for you, and can even emphasize with the conditions of your slavery, I will never sympathize with the conditions of your failure to break free and set a new course for humanity in this dark time of surveillance states. If you are waiting for an authority to take you by the hand and lead you greener pastures, you will be continually disappointed that greenest pastures, the choicest venues, the sparkling rivers, the places you always wished you could be, are reserved for those you follow.
The digital world before us is as vast as our imaginations, a land beyond the scope of any nation, no matter how powerful they may seem in the confines of their physical state--they are limited by nature's bounds, constructs of hierarchal determinism, incapable of pondering virtual states of each man his own, each woman her own--it is not by accident that the final battlefield is our imaginations, and the quickness in which some give over their ultimate freedom matches the long drawn out physical history of rule or be ruled, and then the cataclysm of the wisdom that asserts--I have only myself to rule or be ruled.
Epic post brother. When Chaum declared "The difference between bad and well-developed digital cash will determine whether we have a dictatorship or a real democracy" it wasn't just cyberpunk LARPing. We will have a real democracy if we use well-developed digital cash (IE fungible coins stored and exchanged on a diverse/diffuse/defensible/resilient network) such as Monero. We will have a dictatorship if we use bad digital cash (IE non-fungible white/black-listed coins stored and exchanged on a centralized network) such as Dash+Coinfirm. Please note Bitcoin will eventually transcend these categorizations because its ultimate fate is to "be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash." |
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Is there a limit to the ignore list? because I have a looot of people in it, really.
Yes, there sure are a lot of Dash pumpers, shills, and cheerleaders here. Best to Ignore them and keep your BTC safe from their Instamined scamcoin. |
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Monero promotes itself as a currency for the Darknet, thats what they've put on their flag, small stupid difference here.
Is It True? Yes it's true! The CEO of Monero is even on Alphabay's Board of Directors. Use his promo code ("FLUFFY2023") to sign up and you get 10% off your first purchase! Last October, the lavishly funded Monero Marketing Team sponsored a promotional trip to the Crypto Cannabis Conference. We saw that as a great opportunity to piss in Uncle Sam's eye and dare him to come at us. The Monero community is 100% dedicated to making sure DNMs are weaned off Bitcoin ASAP. For details see here Lets have a chat about Monero & Bitcoin. (payment methods accepted on the markets)Hey guys
Im sure you have seen on Abraxas and Nucleus Markets they dont just accept Bitcoin as payment method. They also accept Monero. Monero is a crypto currency similar to Bitcoin but with some significant advantages when using it on the markets.
Im not bagging bitcoin. Bitcoin is great. But I personally think Monero is a far safer coin to use on the dark net markets, for customers and vendors. Bitcoin has got us this far in the darknet scene but anyone that knows a bit about BTC realizes its hard to stay anonymous. Look at these new sites emerging to analysise the block chain. eg. blockseer.com etc. bit coin is expensive and risky to mix (tumble) and if your a vendor you have to tumble your coins, to stay safe. and here I have a feeling this topic might be controversial, but here goes... (we NEED DNM adoption NOW)Hey guys. Lets cut to the chase.
I think we need to do some serious PR work with the darknet markets. Everyone knows bitcoin growth and adoption was massively fuelled buy the 'Silk Road'. (darknet Market) Bitcoin has been great for the past 5 years or so in facilitating these blackmarket transactions that make up a huge amount of the whole bitcoin economy. I strongly believe with out Silk Road bitcoin would not be where it is at now.
Now I know what a lot of you guys may be thinking: " We dont want to tarnish our good brand by actively going after the darknet market. But the truth is Monero is the BEST coin out there, that im aware of for anonymous transactions (RingCT). Some of these market operators are realising this as well and implementing Monero into their markets. Right now you can get on TOR and buy blackmarket goods with Monero. Abraxas Market, Nucleus etc. So its already happening. We can do two things. Pretend its not happening (kind of whats happening now) or we can embrace this market show them how our coin is far superior in regard to anonymous transactions.
We can do this by keeping active on the DMN forums and trying to get the point across that BitCoin is not anonymous by default. This can be shown using software such as blockseer.com and going through some case studyies showing how BTC transactions can be linked back to market usage etc.
I notice many vendors on these markets are still not to keen to take Monero, even though it would be far safer for them to do so. We need to have guides how people can trade Monero for BTC etc. How vendors can cash out etc.
Also Monero is FAR faster with confirmations, meaning customers dont have to wait around sometimes over 1 hour for funds to clear in there accounts. (using BTC) I have deposited Monero on these markets and it takes less than 10 minutes for it to be spendable. |
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Lets try to stay on topic, shall we. I know thats asking a lot from Icey .. but still...  The topic of the FBI's scrutiny of Monero invites discussion of why they are not giving a shit about and scrutinizing Dash. The question of the value of informing 150 law students about Monero (and what it would cost Dash to do the same) is also relevant. |
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Those responsible in governments know about Monero for years. In governments of most countries. They monitor development of cryptocurencies and also Monero closely. Now also 150 law students know about Monero.  I wonder if you put a proposal to advertise DASH to 150 Law students, how much would that cost?I LOL'd.  Over-promise and under-deliver is what we have seen from every Dash project so far, from Masternode blinding and the Lamassu ATM to Legal Research and 2MB blocks. The Dash proposal would be passed right before a pump and wind up costing in terms of fiat twice as much as intended. The DashHole in charge of contacting 150 Law students would fail to meet the goal, but won't care because he already got paid. Based on this failed Duffontology Evangelist's experience of "falling quite short" of his goal by 90%, we'd expect 15 Law students to be made more aware of Dash, at a cost per student 20X higher than budgeted. 100% of the future lawyers will be unimpressed with the Ponzi-like aspect of Dash's Masternode HYIP. 100% of the future lawyers will be surprised no regulatory action has been taken, despite Dash obviously triggering several prongs of the Howey Test's indicators for an illegal unregistered security. https://www.strictlybusinesslawblog.com/2012/04/05/when-does-a-deal-involve-securities-regulation-part-2-the-howey-test/Under the Howey test, a contract or transaction is an investment contract if “a person invests his money in a common enterprise and is led to expect profits solely from the efforts of the promoter or a third-party.” Please note however that while the Supreme Court in Howey stated that the profit must arise “solely” from the efforts of others, later decisions by lower courts and the Supreme Court[1] have expanded this, so even if the investor has the power to be involved, the transaction may still be an investment contract if the efforts of others predominate. Therefore, there are three essential components for this test: (1) investing money in a common enterprise, (2) the expectation of profit, and (3) the profit arising primarily from the efforts of people other than the investor. |
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well, the fbi concern makes it a legit tech
soon we will know for sure how hackable monero is, if important investigations are behind it the fbi will try to break it, infiltrate in the community and so on
If the FBI is concerned and criminals are actually using Monero instead of Bitcoin or Zcash or Dash, that does tend to support a hypothesis of legit tech. No wonder the DashHoles are so transparently jealous of expressing genuine concern about this invaluable publicity (cue the Schumer Effect).   |
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That looks great! Thanks for making it. XMR addy plx  What do you think about renaming it The Ascent of Money, and adding a timeline to show the progress from the dinosaur/caveman to the rocket shop/Starship Enterprise? Also not sure why dollars aren't divisible. Because there is nothing smaller than one cent coins?  |
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Thanks for fleshing out exactly what I meant by blue sky Hopium with all the wishful thinking about life in Dufftopia.
I'll take that as acknowledgement that Masternodes *currently* serve no purpose other than facilitating two unlicensed money services, which are transmission and laundering.
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"Bitcoin Unlimited is building the highest quality, most stable, Bitcoin client available. We have a strong commitment to quality and testing"
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Here is the log of it hitting my pool's bitcoind and how my (0.13.2 core based) node handled it: 2017-01-29 06:58:50.871920 ERROR: ContextualCheckBlock(): weight limit failed
2017-01-29 06:58:50.896292 ERROR: AcceptBlock: bad-blk-weight (code 16)
2017-01-29 06:58:50.896352 ERROR: ProcessNewBlock: AcceptBlock FAILED
2017-01-29 06:58:50.896433 Misbehaving: 54.213.163.201 (0 -> 100) BAN THRESHOLD EXCEEDED
resulting in the propagating BU node being banned by my node. Banhammered at the protocol level. That is glorious. Time to make an "BitcoinUnlimite Officially #REKT" thread.  Working title:
BU Builds Broken Block, Blundering Bigblocker Buffoons BTFOTIL Roger Ver, franky1, Quickseller, and DannyHamilton have very weak, incomplete, and/or just plain old wrong (mis)understandings of Bitcoin's specialized definitions for Orphan, Chain Fork, and Consensus Critical. For years, these people have stubbornly insisted on telling us how Bitcoin is supposed to work. Now we have confirmation they don't understand the basic concepts. "but but orphans happen all the time" BWAHAHAHA. "but but there was no danger of the fork persisting" BWAHAHAHA. "but but the pool didn't really lose money" BWAHAHAHA. |
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Isn't facilitating DarkSend and InstantX transactions the entire point of Masternodes? Not even close. The masternode network could prove to be the biggest advance in crypto history, leading to all kinds of cool applications! OK, so *at present* (leaving aside what "could prove to be the biggest [blah blah blah Hopium and Blue Sky happy talk]"), isn't facilitating DarkSend and InstantX transactions the entire point of Masternodes? And I'm only talking about their functions at the protocol level, not their socioeconomic use as a Ponzi scheme that builds up unsustainable numbers of unsold and unsellable coins. |
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Found this pic on the Monero subreddit....
Nice, but why is gold only partially fungible? I think any element is 100% fungible correct? Good question. Here in the real world, gold is only semi-fungible because: A. Bullion contains a fingerprint of radioisotopes and trace minerals that betrays its origin. No bullion is 100% pure. And 100% purity would function as an identifying characteristic. B. Larger bars often have a serial number. C. The possibility of/propensity for whitelisting is non-trivial, because there is a movement akin to the "ZOMG Blood Diamonds" social justice bullshit which seeks to curtail the market's supply of non-kosher "conflict minerals." D. The particular form factor of gold bullion is not trivially alterable and alterations (IE smelting/refining/repouring) incur thermodynamic and transactional/economic friction. Even in nature, gold nuggets are unique. Perhaps the best illustration of this is when you try to sell 1oz of gold to your local coin store, and the price depends on whether that 1oz is in the form of an American Gold Eagle, Panda, Maple/Brit/Philly, generic round, shot, or 14k jewelery. In contrast, the price of 1 XMR is always the same whether it was mined by a Chinese botnet and previously used to pay Hillary's friends in ISIS or freshly mined by Fluffypony and never previously transferred, because there's no way to tell the difference. I had no clue about all that shit but also can't see anyone testing a troy ounce ingot for any of that crap either, just purity. Your local coin store doesn't need to test to see whether its an Eagle, Maple, Philly, generic, or shot. They just have to look at it. The diamond guys also thought the "conflict mineral" stuff would never affect their fungibility. Not sure how that worked out for them. Anyone know more about that? Aminorex? Fluffy? Bueller? Anyone? |
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Found this pic on the Monero subreddit....
Nice, but why is gold only partially fungible? I think any element is 100% fungible correct? Good question. Here in the real world, gold is only semi-fungible because: A. Bullion contains a fingerprint of radioisotopes and trace minerals that betrays its origin. No bullion is 100% pure. And 100% purity would function as an identifying characteristic. B. Larger bars often have a serial number. C. The possibility of/propensity for whitelisting is non-trivial, because there is a movement akin to the "ZOMG Blood Diamonds" social justice bullshit which seeks to curtail the market's supply of non-kosher "conflict minerals." D. The particular form factor of gold bullion is not trivially alterable and alterations (IE smelting/refining/repouring) incur thermodynamic and transactional/economic friction. Even in nature, gold nuggets are unique. Perhaps the best illustration of this is when you try to sell 1oz of gold to your local coin store, and the price depends on whether that 1oz is in the form of an American Gold Eagle, Panda, Maple/Brit/Philly, generic round, shot, or 14k jewelery. In contrast, the price of 1 XMR is always the same whether it was mined by a Chinese botnet and previously used to pay Hillary's friends in ISIS or freshly mined by Fluffypony and never previously transferred, because there's no way to tell the difference. |
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Found this pic on the Monero subreddit.  https://en.reddit.com/r/Monero/comments/5qpnh4/found_this_pic_on_the_bitcoin_subreddit_fixed_it/It's really good. A few more improvements will completely fix it. 1. Replace Transportable with (or add) a Digital category for BTC, XMR, and fiat. Only giant stone Yap coins are not transportable, so it's moot. 1a. If leaving Transportable in, at least make the dollar faded (or cut the pic in half) to indicate the issues with moving non-trivial quantities of them. 2. Add Silver, indicate it is not Non-consumable (most is used for industry and not recovered). 3. Gold and Silver are fairly Divisible, more or less. Bengals in South Asia, plus many denominations of gold coins throughout history. Pieces of eight were like the Age of Exploration's Valcambi bars. 4. Instead of (or in addition to) using the subtle faded icons for a weak property, cut the icons in half. It's much easier to notice and intuitive for a semi-held property. 5. Change the shell pic to Nassarius gibbosulus and indicate monetized shells are both Scarce and Fungible. Per the long-awaited sequel to the classic Shelling Out essay, I want to try out the GUI, so the first three people to remake the image (.png please; we are not savages) with the above improvements gets 1 shiny new Monero. Best version (my choice) gets a 1 XMR bonus. |
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This proposal seeks funding to cover the costs of integrating Dash into a major cryptocurrency exchange with fiat funding.
Dash’s integration cost contribution is to be $50,000.00 USD payable in Dash.
We cannot reveal the name of the exchange per agreement with them. ^Having to bribe your way onto a "major exchange" is nothing to boast about. Expecting people to vote for a proposal without knowing the key yet secret details is asinine and smacks of Nancy Pelosi's 'you have to pass Obamacare to find out what's in it' balderdash. Monero never had to pay Kraken or Bitfinex to be listed because the quality of the technology speaks for itself. But Dash is all about "marketing over technology" (according to Coinbase's Dir. of Engineering) so of course it has to pay to play. It's very ironic that Dash is touted as being compatible with existing Bitcoin-based infrastructure, yet has to shell out $50,000 for (LOL) "costs of integration" but Monero, which is completely incompatible with BTC, didn't have to pay a singe tacoshi for its listings at major exchanges. |
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Is it really asking too much that those who are in favor of projects pony up the money to fund them?
Isn't the widely acknowledged best practice to use escrow and have funding tied to development milestones, including actual deliverables?
I know you don't want to hear this, but try to get over your hurt little feelings and recognize that Monero's Forum Funding System (FFS) has been a great success, while avoiding all the problems DASH is now vainly struggling to overcome.
While you guys tear each other up trying to do trivial basic stuff like run a Slack and set up a soda machine, Monero's FFS successfully implemented RingCT, a brilliant new way to ensure fungibility, as well as a very nice GUI and other useful under the hood futureproofing stuff like 0MQ.
Instead of trying to reinvent the governance wheel (which has been amply demonstrated to not be Dash's core competency) why not just go with what's already been proven to work? ...of transaction IDs Do you have anything useful to add to my potentially productive idea? Aren't you going to even try to defend the desirability and efficacy of Dash's project funding/management over Monero's FFS escrow system? Are you satisfied with the lack of deliverables, accountability, and communication from the Lamassu ATM, Mycelium integration, and Legal Research projects? Perhaps I am expecting too much from the person infamous for being the most brainwashed, clueless DashHole around and making the most galactically stupid assertion ever made on this forum.
Cryptography has never been a significant part of cryptocurrency - even though it may share the first few letters. It works on a system of digital signatures.
It would seem that you actually do not understand what cryptography is in the modern sense. A failure to understand and respect these considerations has resulted in a lot of harmful garbage and dysfunctional software. LOL, no wonder you are the biggest fan of DigitaltrASH, the epitome of "harmful garbage and dysfunctional software." |
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The final checksum word is also a repetition of one of the other 24 words. If you could figure out a nice strong way to mark one of the tiles you would know which word to repeat at the end.
Perhaps fingernail polish? A sharpie pen? An engraving tool?
Looks like the Cryptosteel will let you insert the letters of the checksum word upside down. If so, no permanent modification is necessary. Of course I keep my HD seed hidden in a tattoo on my scalp!  |
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