Exactly which problem is it trying to solve? If it's KYC-free purchases, Bitcoin and Monero and Gold/Silver already give you that and unless it has enough mindshare (something that is almost impossible to get even for megapower, see Microsoft vs android and Microsoft vs iPod) this option won't be available. If it's privacy, Gold/Silver and Monero gets you that. If it's traceability but privacy for "legal uses", CBDCs are supposed to give you that. Note, a big issue today is banks not holding enough reserves and not allowing you to move your money. Tales, by its nature depends on 3rd party custodians thus can be shut down or collapse if the custodian goes out of business or refuses to validate spends. Bitcoin and Monero and Gold/Silver allow for self-custody, ensuring that your money stays your money.
g2devi
Monero won't help if you told people you have a lot of Monero and so you'd get targeted. Even public Monero figures like Doug Thurman of Monero Talk can claim they have only a little Monero because they actually use it, not HODL it (whether true or not). And having an open block chain coin doesn't mean you will get caught...the thief could you just use a DEX or atomic swap to avoid KYC. What would help is good OP-sec practices like never revealing how much you have and always having at least one decoy account with only a little XMR....if you get threatened, give that account up.
Did we watch the same video? The black hood is more a symbol of Antifa than anything on the right and I didn't hear any mention of Ukraine but even if I missed it, criticising support for Ukraine has nothing to do with right or left. Both RFK and Trump are on the same side on this as are many anti-war leftists and libertarians. Also, many republicans and democrats support escalating in Ukraine. It's not a left or right issue.
Thanks. I can see it now. It seems it's been picked up by Monerotalk (see https://www.youtube.com/watch?v=PKrN-bnUvfw it should be on odsyee an hour later) . Anyone that wants to give a shout out for the project should join the viewers on stage segment of the show.
Thanks for your hard work. This is exactly what we need. I really don't trust hardware wallets.
Can someone repost the demo video on another site like odysee or peertube or even torrent? I can't see the the video without signing into telegram and I don't want to give my personal information (like emails) to any site that I don't use the app. Hopefully the source code can go on something like the Monero github so the source code can have more eyeballs and more confidence that the source matches the apk. There are anonymous contributors to Monero, so it must be possible to use something like github anonymously.
Good. Looking at the rankings, Eth gets an AA rating, Bitcoin Cash gets an A rating and Bitcoin gets a B rating and Monero gets and E rating. That's all you need to know. But going further, Monero should have a higher or at least as high S and G rating than Bitcoin but it's much worse. It's clear what the bias is for this report and it's not actual ESG.
Several things: (1) Onramps have to be better. Currently instant exchanges exist for fiat for some currencies, but if there's a crackdown on DEXes like torrent sites, then even crypto to crypto exchanges won't work and the average person won't use localmonero, (2) payment channels (preferably on chain) to ensure instant payments (waiting 2 minutes is fine in a sit in restaurant but not if you want to buy a coffee with a long line of people behind you), (3) payment billing -- if you give give me your public key, I should be able to send you a bill with itemisation of the expenses, just as I can with a payment provider. Wallets can then provide automation on the bill payments once the public key of the requester is verified. Note, there is synergy with payment channels. (4) secure self custody has to be easier. Getting my parents to understand custody services like banks and paypal is simple. Getting them to understand mobile e hot wallets is easy. Getting them to understand multisig and hardware wallets is virtually impossible and that is the case for the bulk of the population. Even if they understand it, they will forget their password and want someone to call to reset their password, and they'll forget to make arrangements for their monero to be inherited. Some of this can be automated with wallets (e.g. encourage users to have 3 types of wallets, a petty cash wallet that's less secure but convenient, a monthly expense wallet which has more cash and more security, and a long term expense with a lot more security, limits, hack resilience, and assumption that anything can go wrong including loss of passwords).
What does unlawful sources mean? If you donated to a Russian band a few years ago, you were doing something lawful. Now, it's unlawful in some parts of the world. Even remittances to your Russian family puts you in question. If you supported certain protests, you can be unlawful, but lawful the next government. Privacy pools only "work" if they are federated because laws throughout the world are not uniform, but being part of the "wrong" federation can make you unlawful. In the end, fear will prevent people from joining, and that fear will spread to the pool developers since at least one federation will do something another country does not like. I'll fail before it gets started. Just use Monero.