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submitted 1 year ago* (last edited 1 year ago) by ShadowRebel@monero.town to c/monero@monero.town

It seems like both the larger cryptocurrency community, as well as the FOSS community both just don’t get it. Cryptocurrency and Open Source are clearly related yet only the Monero community seems to give a shit.

FOSS community is so left-brain washed socialist that they are stuck in the money is evil and bitcoin is climate change. Crypto community is stuck in the no-adversaries mindset, as the SEC declares their products illegal but they use google, cloudflare, telegram, no understanding of any threat.

Monero & Linux are linked: https://simplifiedprivacy.com/cryptocurrency-ignores-open-source/

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[-] mister_monster@monero.town 4 points 1 year ago

The same way they'd revoke your crypto: kick your door in and crack open your safe. This guy doesn't have a clue what he's talking about. Crypto is no more difficult than gold coins or cash to revoke.

[-] VolunTerry@monero.town 1 points 1 year ago

It is much harder to compel someone to divulge the contents of their mind than it is to confiscate a physical object, whether locked away or tied to their body or not. If your seed phrase or password is memorized or sufficiently disassociated then the threat actor can't simply break into your safe, identify the crypto and take it. It lives on the blockchain and is never really in your possession. You only have the keys to access it. And those keys are much harder to get at than a physical object IF you take the precautions to avail of this benefit that is distinct from self-custodied physical commodities storage.

Hard assets and digital currencies both have strengths and weaknesses that shine in different circumstances. It doesn't have to be an either/or scenario.

this post was submitted on 23 Aug 2023
-2 points (45.5% liked)

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