To anyone who thinks
@levelsio
is exaggerating about aircon:
After two weeks of bad sleep, I bought an aircon and slept like a beast last night. From 27+ Celsius during nighttime to sub 22 is a game changer.
@levelsio
I live in a brand new "high-end" building in Amsterdam and it's perpetually above 27 degrees inside, even on colder and cloudy days. It's ridiculous we don't have aircon here.
@levelsio
I live in a brand new "high-end" building in Amsterdam and it's perpetually above 27 degrees inside, even on colder and cloudy days. It's ridiculous we don't have aircon here.
While the herd is chasing JPGs to play status games,
#Monero
is living up to its promise.
XMR TXs August '21: 832,337
BTC TXs August '21: 7,453,146
XMR Market cap: 5.5B
BTC Market cap: 940B
Do the math.
Within the noise of today’s crypto hype lies signal for those who pay attention. Bitcoin’s lack of privacy and fungibility is paving the road towards
#Monero
.
Thread ↓
@CaryKelly11
Put the olive oil in the fridge. If it becomes solid (kind of like coconut oil), then it's the real stuff. Otherwise, the devil has caught you and you're eating them seed oils, kid
@levelsio
In Tuscany rn, staying in villas and going out for dinner every day. Insane quality for not that much money. No idea what you’re talking about 🤷🏻♂️
@ianpiepenbrock_
@DrLoupis
I've seen it. This was around the time of Pride. I understood that the gay community behind the original Gay Pride distanced themselves from the woke movement that took over the event. This new movement rebranded the whole thing to Pride and were behind these images.
You have
Spot on words coming from
@billbarhydt
.
I truly wish
#Bitcoin
is going to fix the problems around the protocol's fungibility but it's going to be one hell of a challenge to do so.
#Monero
@leorigna
@levelsio
I was well aware of this but took it less seriously than I should. I would have suffered through the summer if it wasn't for his aircon crusade.
Whereas many see Monero losing a battle, some of us see a ball being pressed under water. We can’t see all metrics of Monero due to its obfuscated nature but the amount of TXs is consistently growing and is currently over 7% of Bitcoin’s TXs.
Dark web adoption is a reason for many not to touch Monero. But which crypto currency has been the dominant currency on the dark web before? Right, Bitcoin. The fact that the dark web prefers Monero above Bitcoin means actual validation of Monero’s promise.
Today already shows that having tainted coins can lead to personal attacks or having accounts on exchanges being frozen. Privacy advocate
@sethisimmons
keeps track of these examples, check this out here:
Now ask yourself, when the internet is going to have its own native currency, do you want it to be a currency where people can look into your financial activity and holdings? And do you think it’s good that certain coins are flagged, frozen, or blacklisted by certain parties?
As awareness about Bitcoin’s lack of privacy and fungibility is spreading, and the amount of TXs made with crypto is rising, I believe we’re going to see a massive wave into privacy protocols and into Monero in particular.
@WifeyAlpha
Also take this in mind:
- Meditate daily
- No screens during 2 hours before bed
- If you must use screens, use Night shift (iOS) on 100%
- Mouth tape (nose breathing during sleep is so much better)
- Avoid sugar, limit caffeine (have none after lunch)
- Blacked out bedroom
@_Checkmatey_
True. Chainalysis is just a solution that found product/market fit. It's Bitcoin's design that's been lacking fungibility from the start.
Just like
@decredproject
is a proper hedge on governance,
@monero
is the right pick on privacy and fungibility.
Within the noise of today’s crypto hype lies signal for those who pay attention. Bitcoin’s lack of privacy and fungibility is paving the road towards
#Monero
.
Thread ↓
If usage is a proper indicator for value, then it would be fair to say Monero is highly undervalued. Monero’s captured value in USD is roughly 0,4% of that of Bitcoin, while its amount of TXs is growing towards 10% of the amount of Bitcoin’s TXs.
Monero has gone through a rough period lately. Fud about exchanges delisting the coin due to regulatory pressure have been a giant downwards pressure on Monero. It’s price in BTC terms has been slashed in half and it hasn’t recovered ever since.
While people are chasing green candles and piling money into protocols solely based on speculation, Monero has seen a steady increase in TXs over time and is slowly but surely becoming the preferred currency of the dark web.
@saifedean
Out of both two PoW indeed wins. However, the sweet spot lies in combining both PoW and PoS imo. PoS is essential for DAOs, is increasing security, and incentives users to lock up value. One great example of this is
#Decred
. Don’t dismiss PoS entirely.
Bitcoin is incredible. However there are aspects about it that make me believe there’s room for other protocols to reign in certain domains. I see a few angles on this, but in this thread I want to specifically point out Privacy and Fungibility.
The rise of on-chain analysis makes it easier to identify which coins have a clean history and which coins do not. Coins that have been used in coin mixers, illicit transactions, or simply have been held by someone with certain political views, can become tainted.
There are coin mixing tools to enhance privacy. Although using these services feels a bit clunky and is comparable to browsing the internet with TOR and VPN, in theory it works fine. It does come with a downside though, and that leads us to Bitcoin's fungibility.
Bitcoin will overcome many things, but to overcome this problem it needs to be turned into a private-by-default protocol (making all TXs private). Which is such an impactful change, making me believe Bitcoin won't ever reach the necessary consensus for it.
Bitcoin's public ledger makes it very hard for users who want to protect their privacy. As soon as your identity can be linked to an address, it's fairly easy to look into your financial activity and holdings.
Riddle me this.
If
#Monero
were about to be cracked down on:
- Would
@Grayscale
file the paperwork for a trust?
- Would
@krakenfx
's CEO tweet he knows of no regulatory issues?
- Would Kraken obtain a banking license in the US whilst offering $XMR?
Cognitive dissonance.
@girdley
Not a strange thought tbh. However, it probably applies to only a small minority of men. Most men at that age have given up on many things, including themselves.
There is a case being made by Bitcoin maximalists saying that Bitcoin can become anything any altcoin promises, if necessary. I think they’re overal right about this, but on the topic of privacy and fungibility I believe this is not the case.
I used to believe we could make Europe thrive. The opposite is true; we're becoming an absolute joke. More regulations, less freedom of monetary exchange. More bureaucracy, less innovation.
The smart kids are leaving, if they haven't left already.
EU Committee approves:
🚫Prohibition of cash payments over €10,000
🆔Prohibition of anonymous cash payments over €3,000
₿ Prohibition of anonymous crypto payments to hosted wallets without any threshold
This means war on cash and gradual erosion of our financial freedom!
@SolBrah
Anyone suffering from "allergies" has something off in his/her gut. I was always dealing with heavy hay fever and allergic reactions. This was just my gut unable to break down all the histamine. It got significantly better when I switched to a diet that is mainly carnivore-based.
@stanmarion
@levelsio
Duux Blizzard. For the time being it's fine. But the controls are a bit clunky, and I think there are alternatives that make less noise.
Two months ago it was considered too conservative to have enough money in the bank to pay employees for at least 8 months. Money was cheap, growth was all that mattered, getting rekt was a low probability scenario.
@DontTraceMeBruh
It's like shouting into the void. I always thought more people would see this when the obvious is pointed out. It seems like they need to find out the hard way.
@awilkinson
Did the same a few years ago with the Leica Q2.
Made a coffee table book for my wife with hundreds of travel photos. Now working on one for my daughter’s first year.
Way more convenient than a bulky SLR, no lens anxiety, and it’s damn sexy—makes you want to bring anywhere.
@levelsio
It's insane to think we've got a bunch of people in charge of the EU, of whom most Europeans don't even know the names. Meanwhile they're making decisions that are decelerating our economies and diminishing our privacy and freedom. Worst thing: most EU people could not care less.
@stanmarion
@levelsio
Duux Blizzard. For the time being it's fine. But the controls are a bit clunky, and I think there are alternatives that make less noise.
It’s happening.
#Bitcoin
becomes the flag of technology, and all web services gradually get rebuilt on crypto.
We’re going back to our roots: encryption, privacy, peer-to-peer, the rights of the individual, free expression, and decentralization of power.
@DontTraceMeBruh
It costs ±0.5MM USD to join Monero's Vladimir Club.
Joining Bitcoin's Vladimir Club costs ±94MM.
The amount of transactions on Monero is about 1/10 of the amount of transactions on Bitcoin.
If usage would only be a proper indicator....
Yup, a beautiful asymmetric bet is.