ipitco

joined 1 week ago
[–] [email protected] -1 points 1 day ago

And stubbornly entitled

Their uncle must’ve been rug pulled when buying a shitcoin or something and now they believe crypto is nothing but a scam

But yea there’s nothing to do. If you can’t educate them then let them stay in their ignorance if they like it. I just don’t feel that letting them spread their misinformation is a good thing

[–] [email protected] -1 points 1 day ago

if you sell something for $1 at 10am your $1 still buys $1 at 10pm.

This is untrue for pretty much everything, even fiat. Everything is a market. A good example of this: stocks.

in crypto, it's easily manipulated, and that's by design.

Now this is just false. You’re just inventing fake facts here. You clearly know nothing of the history of crypto.

If I sell 1BT worth of something at 10am, it could be worth 2BT at 10pm, but it could also be worth .1BT equally.

Uhh no? 1 BTC will always be 1 BTC. Its value compared to other assets will change though. And in that case it would have less value indeed. You’re just allergic to high variations and high risks assets. Stocks is exactly the same. Some assets vary more than others. Let me assure you the value of BTC will never do a +/-10x in a day

tell me, what governing body or economy is crypto backed by?

Emission (POW, POS…) (or total stock), demand and offer and perceived value, just like everything on earth?

[–] [email protected] -1 points 1 day ago

USA also claimed they owned all BTC that went through dark net markets. I don’t care what they think about X or Y thing

But yea that would be considered ML in many countries because you’re hiding the links and making it seem like normal money, which it should be imo

[–] [email protected] 0 points 1 day ago

You don’t understand how crypto works it seems

It literally requires every connected wallet to process the same transactions as everyone else

That’s misleading. Your wallet scans blocks for transactions that goes to your wallet, but this is super fast for many cryptocurrencies. Wallets usually sync in seconds.

this is one of the reasons why even the relatively low amount of transactions that Bitcoin processes costs more electricity than a small modern country.

No. The main reason is block size and block emission period. Also, you’re completely forgetting the fact that non Proof Of Work cryptocurrencies exist, and have close to 0 electricity cost

The entire idea behind it is what a third grader might come up with and think it's a great idea. It's not.

If they do they’re pretty much a fucking genius for their age

[–] [email protected] -4 points 1 day ago (2 children)

Wtf are you talking about

[–] [email protected] -5 points 1 day ago* (last edited 1 day ago)

That's complete misinformation.

The point of blockchain is not to be traceable but not alterable or tamperable with unauthorized or false data. A distributed database that can't easily be faked.

Some cryptocurrencies, like Monero, achieve high anonymity. While not perfect, good opsec will fix its flaws. Just like anything. That's not the case with the majority of cryptocurrencies though, but saying anonymity is but an illusion is just false.

[–] [email protected] 3 points 1 day ago

The website states

7-Zip for Linux: console version

It seems it is CLI only

[–] [email protected] 1 points 1 day ago (2 children)

I never realized 7zip was Windows only :-(

Thanks for sharing

but yea, anyways, native support for bigger files would be better. Not easy to split files on mobile

[–] [email protected] 0 points 1 day ago

This

No worries, we can still swap conventional coins to XMR. Many smaller countries are not interested in reguling it, and we already know a few exchanges that don't give a fuck

[–] [email protected] 3 points 1 day ago

that's pseudonymous, but if you remove all links with your original identity, you can even use non-privacy coins and not be known

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