LocalMonero is shutting down (localmonero.co)

submitted 6 months ago by rottenwheel@monero.town to c/monero@monero.town

46 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[-] mister_monster@monero.town 16 points 6 months ago

End of an era. For p2p with fiat we are going to need Haveno soon, or we are stuck using bisq and bitcoin.

[-] fullmetalScience@monero.town 6 points 6 months ago

As it currently stands, I suspect Haveno will be in the same situation as LM, legally.

[-] mister_monster@monero.town 2 points 6 months ago

If they collect no fees, run no servers of any kind and just write and publish software I don't see how they can be held liable for anything.

[-] fullmetalScience@monero.town 4 points 6 months ago

The current design appears to rely on fees.

[-] mister_monster@monero.town 9 points 6 months ago

Well, then they'd better drop the project and let it be forked and continued by a team of anonymous developers wink wink. Or ditch the fees.

I dunno. It's still peer to peer, there's no coordination and no service being provided. I know, I'm living in a world that no longer exists, one where the rules matter and are clear. I don't doubt for a second that some day the government will try to jail these guys. Even if they do everything right, collect no fees, run no nodes, have no connection to the project other than having wrote the code, the government will come after them. I think we all need to accept this fact, that it's not about the rules, it's about power, and that when you threaten power it will try to destroy you, and we need to start hosting code on Tor and publishing and contributing anonymously.