Yes Monero is great as private digital cash… as long as its usage level remains relatively low-profile so that governments keep allowing sites like Kraken to legally act as fiat on and off ramps, voluntarily handicapping their ability to track money laundering.
This is why Monero today is useful for tech-savvy people and motivated black-market buyers/sellers, but we will never see a user-friendly Monero market for the masses.
Re:The Edited Latecomer’s Guide to Crypto
by f7ebc20c97 on Saturday March 26, 2022 @12:40AM
(#30809278)
You think TPTB want to handicap the ability to launder money?
Bitcoin is as obsolete as POSIX. It's ossified, and not changing is a feature.
Re:The Edited Latecomer’s Guide to Crypto
by jakupovic on Friday March 25, 2022 @07:34PM
(#30807977)
Terrible POSIX, 50+ years later it's everywhere. Any project can only hope yo be as successful
…that was the parent poster’s point, I think?
Re:The Edited Latecomer’s Guide to Crypto
by dmitriid on Saturday March 26, 2022 @04:13AM
(#30810160)
It is actually terrible and outdated, and very few systems implement all of it.
Re:The Edited Latecomer’s Guide to Crypto
by jakupovic on Saturday March 26, 2022 @06:58AM
(#30810785)
Systems such as Linux, MacOS and windows? All terribly broken and unusable. Seriously you need better sources or more experience. POSIX is alive and doing better than ever.
Re:The Edited Latecomer’s Guide to Crypto
by dmitriid on Saturday March 26, 2022 @08:42AM
(#30811346)
> Systems such as Linux, MacOS and windows?
Of them, only MacOS implements POSIX fully. Windows doesn't. Linux implements a subset.
Re:The Edited Latecomer’s Guide to Crypto
by jakupovic on Saturday March 26, 2022 @09:59AM
(#30811827)
Now we're splitting hairs, Linux is POSIX compliant, but not certified as certification costs money. Windows is also compliant through Linux subsystem. On Linux side there are also distributions which are POSIX certified which then makes Linux certified as well. It's just the windows, which also was certified at one point, early 1990s and air force. So that makes me right?
Re:The Edited Latecomer’s Guide to Crypto
by dmitriid on Saturday March 26, 2022 @10:07AM
(#30811885)
Linux is mostly compliant, which doesn't mean fully compliant (but there are distributions that are fully compliant).
Windows isn't compliant, and "compliant through WSL" doesn't really make it compliant.
So that makes me right. Your opinion may differ, of course.
Re:The Edited Latecomer’s Guide to Crypto
by legutierr on Friday March 25, 2022 @10:05PM
(#30808686)
Bitcoin isn't POSIX, it's UNIVAC.
Re:The Edited Latecomer’s Guide to Crypto
by rattlesnakedave on Friday March 25, 2022 @07:58PM
(#30808095)
On the contrary, Bitcoin is the only cryptocurrency innovating right now.
Re:The Edited Latecomer’s Guide to Crypto
by imachine1980_ on Friday March 25, 2022 @07:33PM
(#30807970)
Not exacly posix isn't 100 times slower and 100 more expensive that other is more inconvenient standard, becouse is simply old standard, bitcoing is a product in itself not a protocol,and this product don't fulfill the need for fiat currency becouse is expensive to transact, and slow te best you can say is that is difficult to make changes but bitcoin isn't exactly the one of 10 years ago, protocol change to acomodate for more transactions and most votes are concentrated in few minority of big stakeholder, making kmposiblw to reduce comitions or change significantlythe protocol.
Re:The Edited Latecomer’s Guide to Crypto
by generalizations on Saturday March 26, 2022 @12:13AM
(#30809182)
I imagine that by its nature, the people who do care about monero are the ones who won't talk about it.
Re:The Edited Latecomer’s Guide to Crypto
by rattlesnakedave on Friday March 25, 2022 @07:59PM
(#30808100)
Bitcoin is the only cryptocurrency doing any innovation.
Bitcoin is obsolete technology at this point. It's continued existence does more harm than good to the cryptocurrency space because everyone gravitates towards it instead of better projects.