That group hates people who have wealth that nobody knows about, since they seek control over others I doubt they have any interest in empowering people to use it.

NGL the profiles feature is pretty bad ass.

This screams “exit scam the CCS” from the rooftops IMO.

The primary reason to not use PoS is simply having an ongoing cost and expense external to the network.

So when we quantify mining revenue and staking revenue, what we usually do is quantify risk. A miner must make an investment and has an average expected return, their exposure is partly to volatility of bitcoin for example and to energy prices and what not. A staker of ethereum for example doesnt really have this, their risk is only in making mistakes, server downtime, opportunity cost. The slashing rates and things are designed with incentive in mind primarily, and expected risk losses are downstream of those decisions. But we always quantify it in terms of risk, but theres another big side of this: ongoing expense.

There is a minimal ongoing cost to staking. Make your initial investment, get high uptime on your node, youre good. A miner has an ongoing cost, in energy, in big facilities, in hardware depracation. Additionally, a miner has an ongoing cost external tp the network. This os a very big thing. they have to buy energy, hardware. A staker doesn’t have anything like that, their activity is entirely internal to the network.

There are major game theoretical implications to these big differences. There are pros and cons, but all in all I and most people, and particularly in the Monero world, think PoW handily wins out.

Bitcoin cash is destined to fail so long as it has a hard supply cap. Any and every coin with a hard supply cap will fail.

https://njump.me/nevent1qqswuw0sxp59ar2x2hs77dq2gx32wmdarjx7dmv2gxxfe94wxyzakuqpz4mhxue69uhhyetvv9ujuerpd46hxtnfduhsygxaypt42mug5ex2e5r46qrlr0jgp72fey0ad5xy6kfm4nxm924augpsgqqqqqqs99y3hz

If you had anything you wouldn’t still be fucking around in the Monero spaces defending yourself saying anything and everything except actually demonstrating that you’re not full of shit.

He’s got 2 articles about how none of the accusations are true. He just couldn’t figure out how to link them in here, just like he can’t figure out how to release the source code he supposedly has so he can get paid.

Here’s his drivel if you want to read it https://kewbit.org/kewbit-responds-to-creator-of-basicswapdex-com-ofrnxmr/ https://kewbit.org/addressing-the-false-proclamation-of-exit-scamming-allegations-by-basicswapdex/

I say, ditch sunk cost fallacy and call this a 75 XMR lesson. Nobody needs to trifle with this guy any longer.

Letely, the price is going up but many of those offers may have been made a day ago or something.

Also, some people may be willing to take a little haircut to get the trade done fast. This is how price discovery works on an order book, spreads should get smaller as liquidity goes up

I don’t buy it. Imagine writing an article about how a 250k house will cost you a million dollars by the time you die and shilling that as a good thing. Insane!

Value goes up, taxes go up. Value goes down, you’re upside down on “your investment”. It’s a lose lose. A house isn’t an asset! It’s not an investment! An investment in what? Who’s doing the work to raise the value? You are! So it’s an investment in yourself? It’s an asset that you have to continue to pour capital into to keep it’s value? That’s not an asset, that’s a liability!

I’ve got a friend that lives in a medium sized city in a large metro area. He pays the total value of his house every 10 years in taxes. That’s every 10 years, he’s re-paying off his house. Every year they raise the taxes by the maximum legal amount, every year he disputes it, every year he is denied.

Water leaks. Mowing a yard. A new roof. Another pain in the ass every weekend.

The idea that you’re not tied to a house after buying it is ridiculous. As if it’s a liquid asset you can just slap on Facebook marketplace and sell in a weekend.

HOAs. You must select one of the approved paint colors. You can’t cut down that tree. You can’t plant that tree. You can’t park on the street in front of your house. You can’t work on your car in your driveway.

What if you don’t want to buy a house as an investment? What if you want to you know, just own a place to live? Too bad. You’d better have a line of credit for emergency expenses on the house, you’d better have home equity, you’d better have a valuation higher than your liability in perpetuity or youret fucked. You can’t just have a home anymore, you have to manage an asset, or a liability.

So that 200k savings you get by the time you croak according to the author’s math, is it worth the hassle? The neighbors telling you what to do, the municipality fleecing you for every dime they can get, the constant maintenance because a house is a liability, not an asset, that will crumble if you don’t pour money and time into it, the commute, the traffic, is it worth it?

I would never, ever buy a house in a residential area, ever. The whole market is a god damn mess. Now, buying land somewhere rural and slapping up an A frame…

So I love IPFS, I love the idea of it. I think it’s great.

But try integrating it into a project and see what happens. Here is a fun example. Development of IPFS is unfortunately a disorganized mess.

I’d love to build an application that loads resources from IPFS, such as a library specifically for books that stores an index of books, like libgen, or uncensorable front ends for smart contracts and things, but IPFS integration is sub par. The situation all round just sucks.

If you’re getting upvotes in this thread you’re a lemming that believes what everyone else does and you only allow yourself to consider socially acceptable ideas. Your beliefs are based on social proof, not introspection or critical thinking.

Another one: about 50% of the population are destined to be poor wagies and there’s nothing you can do to help them.

Ubuntu, because of their shenanigans with ads in the OS, forcing snap and just generally demonstrating disdain for their userbase.

Manjaro for their office suite debacle, and general instability.

RHEL for their recent attempts to subvert GPL.

Debian because packages are never, ever, ever up to date.

Gentoo because any sane person would get sick of compiling.