Delta Charlie / Delta Charlie is on Nostr

Privacy Protector - Financial Philosopher

Last Notes

2024-02-15 10:59:39 UTC

- reply

I started the Mastering Monero book as well. With Monero, I have begun a more technical dive. I started using Monero early, btu nothing on a technical level.
However, I've been brushing up on the technical side of things after I noticed the delisting from exchanges, the IRS bounty, and other events. The thing that made me want to dive more into the technical parts was the Atomic Swaps that Samourai is working on, readubg about the dust horizon, and the reason Monero favors CPU mining instead of GPU or ASIC.

2024-02-12 12:25:48 UTC

- reply

If monero is an unlimited supply, then there is already more, and seems there always will be, it just isn't circulating yet.
I am not as knowledgeable on monero, so I cannot successfully comment further. However, this gives me a focus to continue to study monero properties. I have only recently begun studying monero, and you already understand my basis for the sound money discussion.
Mining is something I am familiar with and CPU mining monero is actually something that recently came up, so very interesting you mention that. Thank you for the well thought out replies. I am open to having a further discussion about these two tools and their unique properties.

2024-02-12 11:47:03 UTC

- reply

It is ok to disagree. My definition of money comes from the traditional rules. I believe Aristotle originated them, and Mike Maloney reinvigorated the ideas with his famous documentary series Hidden Secrets of Money.
Monero is currency because the supply is not fixed. Although monero inflation isn't an emergency just yet, it does not satisfy the properties of money.
Despite it not being money, it is a great, and useful currency. The dollar is not money either, it is currency. But it is extremely useful, just not a good store of value over the long run.

2024-02-05 13:01:10 UTC

- reply

A great idea, and I also would like to see more monero conversations happen on this platform with well known folks like yourself. The privacy and censorship resistance properties of monero align perfectly with what nostr is trying to do.
Pain points would be the following:
1. Bitcoin maximalists, or maximalists of any sort. Knowledge, training, execution, diversity of risk are all things that make a good portfolio, and a balanced lifestyle. Bitcoin is money, and money should only serve the 7 properties of money. People can create wonderful technology to use that money, but the money itself should be only doing what money does. Maximalists do not exist in the real world, only online. In the real world, bitcoin maximalists still walk around with plastic cards, folding paper currency in their pockets and tap their cell phones to transfer that fiat currency.
2. Monero, and all the other crypto currencies, are not money, they are currency. Bitcoin is money. Gold and silver are money too. Everything else is currency, credit , or a token. Monero is a currency that serves an important purpose, and can be used alongside bitcoin, just as a traveler can carry several paper fiat currencies in their wallet when traveling to different countries.
3. Ethereum is a great technology, but it is not money. The problems that smart contracts can fix are different from the problems of the monetary system. Ethereum cannot fix the monetary system.
4. Altcoins, non fungible tokens, and ordinals are speculation. They are not money. They create tremendous value in terms of discovering ways to use technology. We all benefit from the experiments we've seen in these spaces. But comparing anything else to bitcoin doesn't work because bitcoin is money, serving the functions of money.
5. Patience and sanity among crypto currency people is needed to have productive conversations. Everyone had such an exciting sugar high of dollar price speculation with bitcoin, altcoins, nfts, defi, mining, etc. that they have forgotten it has only been about 15 years. In tech that can be considered a long time, but a real world perspective is needed because all this technology is trying to disrupt or replace systems that are much, much older...while trying to deal with human nature that is much older than technology.

2024-01-12 14:55:55 UTC

- reply

@npub1l2v…ajft
A shipyard update for you.
Firefox with ublock and containers. I do not see anything in the posts area. My trick to get it to appear, is to create a draft post, schedule and save it. Then everything appears.