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17 sats \ 11 replies \ @TonyGiorgio 31 May \ parent \ on: Summarizing my thoughts on ecash bitcoin
The difference here is that Monero is it's own, stand-alone currency with powerful privacy features
Literally no difference. You're nit picking because you have XMR bags. It's so funny watching you walk around in circles around this. You're literally giving up custody of Bitcoin to hold a shitty asset that's heading to zero.
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51 sats \ 1 reply \ @Scoresby 31 May
To be fair, a cashu ecash mint does suffer from a single point of failure, in a way that monero does not. I don't know enough about monero to say whether a fedimint with something like 7 guardians is closer to the cashu side of things or the monero side. But I think it's a valid point that mints are generally susceptible to servers going offline while that's not really a concern with something like monero.
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17 sats \ 0 replies \ @TonyGiorgio 31 May
whether a fedimint with something like 7 guardians is closer to the cashu side of things or the monero side
That's an argument for spectrums of decentralized. You can say a network is more decentralized or less decentralized than another network.
At the end of the day, they're the same thing. A DLT network.
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21 sats \ 4 replies \ @sethforprivacy OP 31 May
No you just don't like my responses because they don't fit your narrative. As seen in your strawman reply instead of a real response.
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0 sats \ 3 replies \ @TonyGiorgio 31 May
Yeah bro post more fake screenshots of fake quotes from politicians to try to defend your XMR bags and bash privacy tech.
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0 sats \ 2 replies \ @sethforprivacy OP 31 May
wut lol
Dude, take a step back and calm down. We don't have to both love the same custodial tools to be reasonable and actually have conversations.
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0 sats \ 1 reply \ @TonyGiorgio 31 May
#557067
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10 sats \ 0 replies \ @sethforprivacy OP 31 May
I've responded at length to that, many times. It's an asinine take that is dangerous and disingenuous and will lead to people hating Bitcoin because they think Bitcoin lost their money when it was really a malicious mint or a gov rug pull.
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0 sats \ 3 replies \ @btc_remnant 2 Jun
Literally no difference? You can take custody of your Monero, and the network is decentralized, but ecash tokens are without value once the mint is taken over.
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0 sats \ 2 replies \ @TonyGiorgio 2 Jun
You take custody of the ecash notes too. How much value is xmr when a 51% attack happens and the network is useless?
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0 sats \ 1 reply \ @btc_remnant 3 Jun
ecash notes don't have any value without the trusted party!!
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119 sats \ 0 replies \ @TonyGiorgio 3 Jun
You realize with fedimint, it is a decentralized network?
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