DAI exists and is not able to be frozen, but if the merchant's AI system flags a bitcoin transaction do you think you'll be able to cash that out? Just because they can't block it at the protocol level that doesn't mean they'll sign the transaction to send it to you.
Bitcoin is slow as well, unusable for payments. I still think Bitcoin is better than fiat because at least it doesn't require an ID to make a wallet and it's self custody.
Monero is the best crypto we have for currencies, though. And currency is the only value I see in crypto.
They are both useful. Monero is a bit more tricky to use, there is no concept of Lightning network, you still have to wait around 7 minutes for the transaction to settle.
It's not bad, but it is different. The transparency in Bitcoin is a feature not a bug.
It very much is not. If I use cash to commit a crime but then deposit it into a KYC bank account which is then used as a side channel to get me caught does not mean its the cashes fault.
XMR privacy and anonymity can not protect you from going out of your way to convert it into inferior surveillance currency which then gets you busted.
That's basic logic and should be a obvious technical limitation.
If they've attacked it via netflow analysis, then it doesn't matter to a criminal whether or not it's a problem in the protocol because how is a criminal supposed to use it if not on the internet?
By "practical terms" I mean that a criminal sitting in prison isn't going to care whether the vulnerability that got them there was layer 7 or not. It doesn't fucking matter to them at that point.
Everything on the internet is vulnerable to netflow traffic deanonymization; it is a fundamental limitation with the design of the internet. The only thing that stops these attacks from being more common is the relative difficulty of obtaining the required data.
>Everything on the internet is vulnerable to netflow traffic deanonymization
that is not how they get busted, monero literally has protections against that like ring signature and dandelion. They get busted by leaving xmr monero ecosystem to cash out to surveillance currencies like btc or tether on a KYC CEX.
Again, the anonymity of cash (which isn't that anonymous actually but thats another topic) is useless if you deposit them into a KYC ATM.
That's more the fact that lightning is a bit of a pain to use. It has a chicken and egg network growth problem, which is doubled on top of the chicken and egg problem of its host crypto
That does not make any sense. btc even lightning still has about 100 times the user and ecosystem. Nobody uses it because it obviously it is not secure.
I did my IBEW apprenticeship (mostly) at datacenters, during Snowden's revelations. It was a wild ride, all the "not real" but seen every day at work technological capabilities that didn't technically exist. I was just an electrician.
That was well-over a decade ago. Cannot even imagine how much more control/eavesdropping/automation the current leadership maintains, quasi-"legally" (by statute; we started re-defining wordmeanings centuries ago). I'll "stay in your lane," and thank you Dear Leaders, for freedumb.
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All to say: you're not wrong, but it's Whoever's quest for insatiability that makes them so unpredictable. Our technochomocracy thrives within, colorless.
If you meant Israel you would have said Israel. Instead you said "God's chosen people" which was a (presumably sarcastic, and certainly flamebaity) reference to Jews.
Principled criticism of Israel is fine. There have been a great many such posts on HN. Religious and/or ethnic flamebait is not fine. This is not a difficult distinction, and anyone who is posting in good faith should have no difficulty making it.
Your comment broke the site guidelines in other ways as well.
We moderate anti-Islamic flamewar posts exactly as we do other religious flamewar posts. I dug up a few examples for you below. There are others, but this should be more than enough to persuade any fair-minded reader:
As you can see, these go back over a decade and in fact for as long as I've been doing this job.
The mistake in your comment is the assumption that we see everything that gets posted to HN. We don't come close—there is far too much for that to be possible. I'd be surprised if mods see even 10% of what gets posted to HN.
Since we can't moderate what we don't see, we rely on users to bring egregious posts to our attention. If you'd like to be helpful in the future, you'd be welcome to send us links so we can take a look.
