April 2022 - cypherpunks@lists.ogf.org

Cryptocurrency: Set to Eliminate Big Banks...
by grarpamp 29 Apr '22

29 Apr '22

As the world wakes up to the power of cryptocurrency such problematic legacies are facing extinction anyways, not a thing their boards or investors can do when all their users, depositors, lendees, etc have left for crypto, lol... "... a Swiss bank account on your phone ... -- Obama on Crypto" Big Banks Nailed Over Woke Agenda During Annual Shareholder Meetings As three of America's largest banks kicked off the US financial industry's annual gatherings this week, conservative activist investors are pummeling them over "woke" Marxist agendas, as corporate boards have become swept up in "stakeholder capitalism" - the World Economic Forum-endorsed concept that companies shouldn't just serve their shareholders, but society at large. Bank of America CEO Brian Moynihan Stakeholder capitalism runs contrary to the demands of U.S. corporate law, which holds that directors and executives have a duty to one master: shareholders. Milton Friedman worried that a shift from shareholder primacy would cause companies to operate less efficiently and be less profitable, leaving investors, workers and consumers worse off. -WSJ Perhaps most notably, BlackRock CEO Larry Fink issued an open letter in January to CEOs explaining that companies they invest with will soon have to abide by sustainability rules governing climate change, labor practices and other issues. "Stakeholder capitalism is not about politics ... It is capitalism," wrote Fink - who just last year helped elect three 'climate-focused' candidates to Exxon Mobil's 12-member board. Conservative investors aren't having it according to Bloomberg, which reported that both Citigroup and Bank of America were nailed at annual shareholder meetings over vows to institute diversity quotas. Of note, BofA encouraged employees to be "woke at work," and told white employees to "decolonize your mind" and "cede power to people of color," according to Fox News, citing investigative reporter Christopher Rufo. One group of activists, the Free Enter Prise Project at the National Center for Public Policy Research, submitted shareholder proposals to Citi and BofA to audit whether their diversity efforts are themselves discriminatory. The Free Enterprise Project's Sarah Rehberg said during Citigroup's meeting that a woke agenda means "the company places more value on whether an employee is a woman or a traditionally underrepresented minority than whether that individual has an objective amount of experience or educational qualifications." At Wells Fargo - which originated the most loans to the fossil-fuel industry last year, conservative activists called the bank out for donating to groups fighting climate change, "which is just Marxism dressed up as environmentalism." "Wells Fargo needs to take a hard look at the fix that Disney finds itself in," said the activist, Paul Chesser - director of the conservative National Legal and Policy Center's Corporate Integrity Project. "Stay out of politics and properly serve all its customers and shareholders." Meanwhile, the tide does seem to be turning: A call for Wells Fargo to examine whether it’s doing enough to support racial equity also fell short, but it garnered 36% support. At Citigroup, more than a third of shareholders supported a proposal that would require the bank to report how it protects Indigenous people. That said, in response to how Citigroup will avoid Disney's situation, CEO Jane Fraser doubled down. "We realize not all stakeholders believe in the positions we take and that there are certain stakeholders who believe it is not the role of a company to make such statements," she said on Tuesday. "We respectfully take the view that there are times when, as an employer of more than 220,000 people, it is appropriate to engage and support how our colleagues are treated."

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IBM - " Authenticate all Germans "
by professor rat 29 Apr '22

29 Apr '22

Authenticate all humans, fascism https://www.cnet.com/tech/tech-industry/homeland-defense-a-modest-proposal/ Those who sacrifice essential freedom for security may expect - and will get - neither freedom or security https://stiffs.com/celebrity/markzuckerberg " . . . a system that forces users to submit their personally identifiable information creates a single point of failure. Not only would more users have to trust Twitter not to abuse their personal information, but Twitter itself would become a much larger target for repressive governments https://edition.cnn.com/2022/04/28/tech/elon-musk-authenticate-all-real-hum…

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Cryptocurrency: Coin Privacy World Blows Up - Zcash vs Monero vs Others
by grarpamp 29 Apr '22

29 Apr '22

In the news lately, lol... Here's a dump from one side... Logo Seth For Privacy @sethforprivacy Privacy is a human right. Monero is the digital cash we need to opt out of an Orwellian financial future. Host of @optoutpod, a privacy-focused podcast. United States sethforprivacy.com Joined May 2011 Tweets 12,092 Following 669 Followers 14,094 Likes 58,415 458 Photos and videos Tweets Tweets & Replies Media Search Pinned Tweet Seth For Privacy @sethforprivacy Apr 18 What started out as a dream by the cypherpunks of the 90's has come to fruition in #Monero, now celebrating its 8th anniversary (a lifetime for a cryptocurrency!). Cypherpunk, anonymous digital cash enabling freedom and an open society. #MoneroIsMadeForThis #Moneroversary 8 65 5 238 Show this thread Seth For Privacy @sethforprivacy 21m Or, "How we used all that money you gave us to build tools to surveil you, sell to LE/govs, and make even more money". And you wonder why Coinbase doesn't support #Monero 🙃 Good riddance, glad they never added it. Stop giving these people your money, go #NoKYCOnly *today*. no bullshit bitcoin @nobsbitcoin 4h Coinbase Releases "Coinbase Intelligence" Surveillance Suite - Coinbase Know Your Transaction (KYT) - Coinbase Tracer (formerly Coinbase Analytics) - Customers will include financial institutions, businesses, governments, and law enforcement agencies blog.coinbase.com/introducin… 1 7 24 Seth For Privacy @sethforprivacy 9h Per @jswihart and @zooko's request, I have opened a forum topic requesting a "special exception" in case the #Monero community decides to leverage any of Orchard's code-base in a potential future transition to trustless zk-SNARKS: forum.zcashcommunity.com/t/a… Allow “special exception” to the Orchard codebase for the Monero Project Hello, Seth here from the Monero community. I was looking through the Orchard and Halo 2 code to see what work is being done on this side of the pond, and I noticed that the Orchard code is published... forum.zcashcommunity.com 5 1 3 32 Seth For Privacy @sethforprivacy 9h Please keep in mind this *does not* mean that Monero will necessarily transition, or even that the broader Monero community wants to explore a transition to trustless zk-SNARKs. This is just exploratory to find out now if we will be allowed to use Orchard w/o relicensing Monero. 1 13 Seth For Privacy @sethforprivacy 9h A key portion of the request is also finding out the way that BOSL is meant to be applied, and what the Zcash community is truly hoping to protect against in adopting such a unique and restrictive license instead of the standard MIT/Apache license in the rest of their code-base. 2 9 Seth For Privacy @sethforprivacy 5h @luckytokidoki or another mod/admin, can you please unblock my account on the forum? I've been locked out for a while now due to some daily comment limit, and so cannot respond to my own thread. 1 4 Seth For Privacy @sethforprivacy 9h Still have not heard back about a refund, just FYI. I am hearing quite bad things about others experience getting refunds, but still no official way to backup/export emails as well. Sending email does work again, however, just tested. 1 2 Show this thread Seth For Privacy @sethforprivacy 12h When you see very large accounts seemingly shilling #Zcash for no apparent reason over and over again, dig into what they do in the space. i.e. @BarrySilbert is one of the original VC investors and has a *massive* vested interest in pumping the price of $ZEC. 10 17 4 98 Seth For Privacy @sethforprivacy 12h #Monero literally cannot have these accounts pumping for us (thankfully) as we don't have VC investors or founder rewards going to VCs to incentivize them to PnD Monero. More on Zcash investors here: electriccoin.co/blog/continu… Continued Funding and Transparency - Electric Coin Company Our mission is to create open financial technology with zero-knowledge privacy, for everyone in the world to use. The first […] electriccoin.co 1 3 33 Seth For Privacy @sethforprivacy 12h This link is also supposed to show the entire list of investors (linked from blog posts by @ElectricCoinCo) but has been taken down for some reason: electriccoin.co/team/#invest… Does anyone know of an updated complete list of investors in @zcash? Team - Electric Coin Company - Electric Coin Company We're a diverse team — scientists, cryptographers, activists, educators, policy wonks and discoverers — on a mission to give everyone on Earth an open, inclusive financial system. We're a passionate... electriccoin.co 3 1 18 Seth For Privacy @sethforprivacy 12h These investors hold a collective 1.65% of the total supply of Zcash: electriccoin.co/blog/continu… 3 1 21 Seth For Privacy retweeted 𝔻𝕚𝕧𝕖𝕣𝕥𝕖𝕣 (Premix/Postmix) @Diverter_NoKYC 20h 1. (Sadly) Takes a pair to write this as a veritable OG bitcoiner 2. Tool is a tool. Freedom/sovereignty maxi's understand this intimately. 3. My reasons wrt XMR have nothing to do with tribalism. I pay for my Icelandic VPS's in XMR, I take XMR donations (and hodl them 😱) 1/3 Ragnar @Ragnarly Apr 27 📰 My latest blog post: "Secret Bitcoiner Users of Monero – Come Out Of The Shadows. Five reasons you should affirm your usage and support of #Monero" Read: ragnarly.com/secret-bitcoine… 2 5 1 55 Show this thread Seth For Privacy @sethforprivacy 22h I hate retweeting myself, but easier to do this than a separate thread. My response on how the #Zcash vs #Monero debate usually ignores reality and focuses on the *potential* privacy of Zcash instead of the real-world privacy of Monero for most users: Seth For Privacy @sethforprivacy Apr 27 Replying to @kyledcollins The crux of the issue is two-fold: 1) Zcash is oversold as a tool for privacy when 97% of TXs are just as transparent as Bitcoin 2) Monero is undersold when it has had *immense* battle testing in DNMs and ransomware campaigns w/ zero cases of tracing 5 11 2 84 Seth For Privacy retweeted Justin Ehrenhofer 🎂🏳️‍🌈 @JEhrenhofer Apr 27 I am going to start including @SamouraiWallet Tx0 transactions in my monthly private transaction comparisons. They aren't the same as Monero or Zcash transactions that hide the sender, receiver, and amount. But it's as close as I can get to indicate approximate privacy adoption 5 3 61 Show this thread Seth For Privacy @sethforprivacy Apr 27 Couldn't have said it better myself, must read blog post from @Ragnarly. One of the few things standing between more people and their usage of an immensely powerful tool in #Monero is tribalism. If you're using Monero today, tell people + let them make a well-informed decision. Ragnar @Ragnarly Apr 27 📰 My latest blog post: "Secret Bitcoiner Users of Monero – Come Out Of The Shadows. Five reasons you should affirm your usage and support of #Monero" Read: ragnarly.com/secret-bitcoine… 3 4 50 Seth For Privacy @sethforprivacy Apr 27 👀 Usually very impressed with his takes on things, and glad that his massive audience will get a deep-dive into #Monero. Coin Bureau (guy.eth) @coinbureau Apr 27 Just finished the disclaimer for my latest project review. Can you tell which #crypto I am covering? Show this thread 4 3 74 Seth For Privacy @sethforprivacy Apr 27 Zcash choosing to lock up the implementation of HALO2 (Orchard) behind a restrictive license preventing Monero from adopting the tech for at least a year says all you need to know -- Zcash cares more about their first-movers advantage than broad privacy in the ecosystem. 5 2 3 34 Seth For Privacy @sethforprivacy Apr 27 I'm still hopeful we can replace ring-signatures long-term with something like trustless zk-SNARKS (and will be writing a blog post on the topic soonTM), but the behavior and choices of ECC and Zcash always give me pause in utilizing their tech. 1 2 21 Seth For Privacy @sethforprivacy Apr 27 Ring-signatures provide *excellent* privacy guarantees against mass surveillance and even targeted surveillance in the absence of off-chain data, but can break down under extremely targeted surveillance coupled with off-chain data (like address re-use or KYC exchange usage). 1 1 1 17 Seth For Privacy @sethforprivacy Apr 27 And even in those worst case scenarios, someone targeting you *cannot* reveal amounts of addresses involved in transactions in any way. Monero uses a holistic approach to privacy, and does *not* just rely on ring-sigs to protect users alone. 1 1 25 Seth For Privacy @sethforprivacy Apr 27 The Monero community has always been extremely transparent about where and how the approaches to privacy can break down, mostly under extremely targeted attacks coupled with off-chain data. A bit outdated, but excellent series on these by @JEhrenhofer: yt playlist?list=PL… Breaking Monero youtube.com 1 24 Show this thread Load more Logo Seth For Privacy @sethforprivacy Privacy is a human right. Monero is the digital cash we need to opt out of an Orwellian financial future. Host of @optoutpod, a privacy-focused podcast. United States sethforprivacy.com Joined May 2011 Tweets 12,092 Following 669 Followers 14,094 Likes 58,415 458 Photos and videos Tweets Tweets & Replies Media Search Load newest Seth For Privacy @sethforprivacy Apr 27 "I’m sure there are well meaning #Zcash contributors with good and pure objectives. I am also sure Zcash doesn’t protect against surveillance (for 97% of TXs). It sort of works, in some cases, for now. I wish I was wrong, but I'm not." Josh Swihart 🛡 @jswihart Apr 27 I’m sure there are well meaning Monero contributors with good and pure objectives. I’m am also sure Monero doesn’t protect against surveillance. It sort of works, in some cases, for now, but not for long. I hope I’m wrong, but not likely. 4 4 2 66 Seth For Privacy @sethforprivacy Apr 27 Was just starting to get excited about the upcoming trustless zk-SNARKS in HALO2/Orchard, but then I remembered that a user's privacy is not the objective in Zcash. Cool tech, treated like a science experiment instead of a life-or-death tool. 2 1 27 Seth For Privacy @sethforprivacy Apr 27 Monero protected sender/receiver/amount in 693,425 TXs in March, while Zcash protected only 4,237. Monero had *5x* the privacy-preserving transactions *per day* than Zcash had *all month*. Just let that sink in. Defaults. Matter. 1 3 40 Seth For Privacy @sethforprivacy Apr 27 Backup account is live on @joinmastodon now: @sethforprivacy@liberdon.com liberdon.com/web/@sethforpri… Not planning on posting there ATM, but will look into bots/integrations for crossposting ASAP and keep it up to date as a fall-back in case Twitter goes (more) nuts. Seth For Privacy (@sethforprivacy@liberdon.com) 0 Posts, 394 Following, 2 Followers · Privacy is a human right. Monero is the digital cash we need to opt out of an Orwellian financial future. Host of the Opt Out podcast, a privacy-focused podcast.... liberdon.com 1 11 Seth For Privacy @sethforprivacy Apr 26 Favorite launcher as well, can't get enough of the simplicity and minimalism here. Hats off to @tanujnotes for his work on it, consider donating if you use and enjoy Olauncher as well: github.com/tanujnotes/Olaunc… (P.S. - he accepts #Bitcoin and #Monero directly 😉) Henry 🇺🇦 @henryistakentoo Apr 26 Loving my new homescreen! Olauncher, from F-Droid, thanks to @sethforprivacy for the rec: github.com/tanujnotes/Olaunc… 5 3 16 Seth For Privacy retweeted Justin Ehrenhofer 🎂🏳️‍🌈 @JEhrenhofer Apr 25 Monero payments will soon be coming to Mullvad: teddit.net/r/mullvadvpn/comm… Monero support will soon be added to Mullvad Posted in r/mullvadvpn by u/MullvadNew • 29 points and 5 comments reddit.com 8 19 4 126 Seth For Privacy @sethforprivacy Apr 26 Had a great chat with @FenixAmmunition at #BANB2022 about accepting #Bitcoin and #Monero via @BtcpayServer, very glad to see them diving in! Cypherpunk money for high quality ammo is an awesome (and powerful) pairing of asymmetric force multipliers. Monero adoption 📈📈📈 Fenix '3D Print Deez Nuts Biden' Ammunition @FenixAmmunition Apr 26 We are now accepting Bitcoin via BTCPay, hosted on our own server thanks to @nodl_it and @SamouraiWallet! ETH payments still available via Coinbase Commerce. We will be adding Monero as an option as soon as we can get around to it. Show this thread 2 17 Seth For Privacy @sethforprivacy Apr 26 Apparently @RealCTemplar is shutting down: ctemplar.com/ctemplar-is-shu… Apologies to all of those I recommended to use CTemplar, as I know this migration process off of them will be a PITA. I recommend @ProtonMail (what I use) or @TutanotaTeam as excellent alternatives. CTemplar is shutting down - CTemplar ctemplar.com 9 7 2 39 Seth For Privacy @sethforprivacy Apr 26 I also reached out to @RealCTemplar support, as I pre-paid for a year of service via Monero and now will not get to use 8mo of it due to their premature shutdown. I'll report back here if I get a yes/no to the refund, but I absolutely expect one. 1 11 Seth For Privacy @sethforprivacy Apr 26 Main things confusing me: 1) No mention of *why* 2) No emails to users so far 3) No announcement on @RealCTemplar Twitter account 4) Blog post is incredibly sparse on details 3 14 Seth For Privacy @sethforprivacy Apr 26 5) They disabled sending emails for all accounts today WTAF is going on here, @RealCTemplar, you owe the people who helped bring you customers and who helped to on-board others to what seemed like a good service an explanation *at least*. 4 1 10 Seth For Privacy @sethforprivacy Apr 26 1/ Some pretty fascinating results from these polls, seems there has been a large shift over the last year and #Monero is dominating as an MoE among respondents. Let's dive into the results, very surprised to see Monero's SoV sentiment rapidly improving over the last year! Seth For Privacy @sethforprivacy Apr 24 Polls below, would love to hear in comments *why* you are where you are in the picture below today, and how/why that may have changed. Curious to see the results, and RTs appreciated to get a broader audience! Show this thread 3 1 2 26 Seth For Privacy @sethforprivacy Apr 26 2/ Over 65% of respondents primarily (or only!) use Monero when transacting, up from ~50% a year ago. The transition from Bitcoin to Monero as an MoE is one I've been harping on and one that seems inevitable due to Bitcoin's lack of fungibility and simple privacy. 2 1 5 Seth For Privacy @sethforprivacy Apr 26 3/ ~75% of respondents are using Monero in some way, up from 60% a year ago. While only 10% are using Monero for handling toxic change, they add to the user-base that builds liquidity and learns to value Monero's MoE properties over time. 1 3 Seth For Privacy @sethforprivacy Apr 26 4/ Only 23% of respondents are "Bitcoin-only", down from 40% a year ago and matching the trends I have seen when interacting with Bitcoiners. Very few who care about freedom are sticking to the "Bitcoin-only" meme when it comes down to it, with the net result being "Monero-only" 1 5 Seth For Privacy @sethforprivacy Apr 26 5/ The biggest shift over the past year has been in those valuing Monero as a SoV, seeing 38% of respondents using Monero exclusively for MoE & SoV, up from 25% a year ago. Once a user realizes the power of fungible money, they also see the benefits of fungibility on SoV. 1 4 Seth For Privacy @sethforprivacy Apr 26 6/ The complete reversal of "Bitcoin-only" to "Monero-only" was the most surprising, as my gut feeling is that more people have shifted from "Bitcoin-only" to "save in Bitcoin, spend in Monero" only. But the sentiment on Monero as a SoV seems to be rapidly shifting. 1 7 Seth For Privacy @sethforprivacy Apr 26 7/7 Obviously this is a relatively small survey and my followers are likely Monero-biased, but interesting information, especially compared to the "last year" poll, specifically. 3 9 Seth For Privacy @sethforprivacy Apr 26 Bonus - Shoutout to @x218935 for the idea of the poll, and check out his results here: x218935/status/1… @heady_wook also made an awesome combination of my results and those of @x218935 here: HEADY_WOOK @heady_wook Apr 26 Replying to @x218935 Interesting. Looks like we have samples of two different populations here 🧐 I added the two samples & combined the middle two categories since they were not mutually exclusive. Looks like most people use bitcoin & monero (n=286). 2 6 Seth For Privacy @sethforprivacy Apr 25 More great info on how dynamic block sizes + dynamic fees function in Monero, and how miners are incentivized to keep block sizes as small as possible while supporting limited time of rush on-chain: monero.stackexchange.com/que… How does the dynamic blocksize and the dynamic fees work together in Monero? This mechanism is unique to Monero because it's the only cryptocurrency to have both blocksize and transaction fee dictated by an algorithm, how was this achieved and what is the rationale behind s... monero.stackexchange.com 16 Show this thread Load more Logo Seth For Privacy @sethforprivacy Privacy is a human right. Monero is the digital cash we need to opt out of an Orwellian financial future. Host of @optoutpod, a privacy-focused podcast. United States sethforprivacy.com Joined May 2011 Tweets 12,092 Following 669 Followers 14,094 Likes 58,415 458 Photos and videos Tweets Tweets & Replies Media Search Load newest Seth For Privacy @sethforprivacy Apr 25 #DidYouKnow that the more users we onboard to #Monero and the more people transact on-chain, the *cheaper* everyone's transactions will be? monero.stackexchange.com/que… One of the beautiful and unique things that the tail-emission + dynamic block size enables for digital cash. 3 11 1 60 Show this thread Seth For Privacy retweeted Cake Wallet @cakewallet Apr 25 We gave away $10,000 in crypto at the #Bitcoin conference in Miami. We gave people a choice to accept their winnings in either #Bitcoin or #Monero. Over 65% of the attendees at the conference chose #Monero. That's right... at a #BITCOIN conference, people chose #Monero. 20 61 2 267 Seth For Privacy retweeted anhdres 🌿 @anhdres Apr 25 Gotta love this response from @IrinaHeaver about @monero. One of those moments when you hear someone saying what you think better than yourself. Full video at ytwatch?v=AlRBZm61… 19 109 15 402 13,674 Seth For Privacy retweeted Seth For Privacy @sethforprivacy Apr 24 Polls below, would love to hear in comments *why* you are where you are in the picture below today, and how/why that may have changed. Curious to see the results, and RTs appreciated to get a broader audience! 14 11 1 44 Show this thread Seth For Privacy @sethforprivacy Apr 24 Polls below, would love to hear in comments *why* you are where you are in the picture below today, and how/why that may have changed. Curious to see the results, and RTs appreciated to get a broader audience! 14 11 1 44 Seth For Privacy @sethforprivacy Apr 24 Where are you now in the picture above? 38% ⬅️⬅️ 29% ⬅️ 10% ➡️ 23% ➡️➡️ 161 votes • Final results 2 5 Seth For Privacy @sethforprivacy Apr 24 Where you a year ago in the picture above? 24% ⬅️⬅️ 25% ⬅️ 11% ➡️ 39% ➡️➡️ 168 votes • Final results 2 1 Seth For Privacy @sethforprivacy Apr 24 *Where were you Seth For Privacy retweeted Opt Out Podcast @optoutpod Apr 24 Unfortunately had trouble getting my last scheduled guest for Season 2 on this week, but am going to push again to try and get them on for next week! After that will likely take a break for a few weeks to prep and plan for Season 3. In the meantime - what was your fav ep of S2? 4 1 16 Seth For Privacy @sethforprivacy Apr 24 Having more on/off-ramps from other cryptocurrencies to #Monero is a great thing. Not sure why people are mad at listing other cryptocurrencies paired with Monero, this drives up Monero liquidity and enables people on other chains to slowly learn about and use Monero over time. Haveno @HavenoDEX Apr 24 We have finally published list of Crypto assets that will be available on #Haveno at launch: #Bitcoin (#BTC) #Ether (#ETH) #BitcoinCash (#BCH) #Litecoin (#LTC) #Zcash (#ZEC) More will follow and people will be able soon to suggest their favourite crypto haveno.exchange/faq/#what-cu… 8 13 111 Seth For Privacy @sethforprivacy Apr 24 👀 Haveno @HavenoDEX Apr 24 The first commits are being pushed to the haveno-ui repository, which will host #Haveno's user interface, funded by the #Monero community! github.com/haveno-dex/haveno… 11 Seth For Privacy @sethforprivacy Apr 24 Second shout out is to @JEhrenhofer, who took me in, showed me ways I could contribute as a non-dev, sparked a passion and critical eye for #Monero in #BreakingMonero, and has poured countless hours into Monero both in the spotlight and behind the scenes. So grateful for him! Seth For Privacy @sethforprivacy Apr 20 Who is one person in #Monero or #Bitcoin that you're thankful for and why? Post in a reply below 👇 I'll retweet this once a day for the next week and share the people and projects that have impacted me so much in the space. 1 42 Seth For Privacy @sethforprivacy Apr 23 Ultimately, #Monero is not a "shitcoin" but an immensely powerful tool for freedom. It makes design decisions that are different than #Bitcoin and which have overwhelmingly advantageous results, but do have some tradeoffs that people should be aware of: sethforprivacy.com/posts/dis… 15 34 2 176 Seth For Privacy @sethforprivacy Apr 23 Every freedom maximalist will end up in one of those 4 groups above, and I would argue inevitably one of the left two. Monero is an absolutely superior MoE to Bitcoin, and the "Bitcoin as savings, Monero as checking" will be the entry for most Bitcoiners to Monero. 2 3 1 42 Seth For Privacy @sethforprivacy Apr 22 First shoutout is for an absolutely unsung hero in the #Monero community, dEBRUYNE. They have spent *countless* hours moderating Reddit, responding on Reddit/Stack Exchange with insightful and helpful info, and being one of the most helpful resources as I learned about Monero. Seth For Privacy @sethforprivacy Apr 20 Who is one person in #Monero or #Bitcoin that you're thankful for and why? Post in a reply below 👇 I'll retweet this once a day for the next week and share the people and projects that have impacted me so much in the space. 2 3 60 Seth For Privacy @sethforprivacy Apr 22 Much of what Monero is today, many of the people who are using it today, and much of the community is owed to their tireless efforts over the years without compensation, reward, or publicity. If you run into them, give them a thanks for all of their hard work! 1 26 Seth For Privacy @sethforprivacy Apr 22 Also: Seth For Privacy @sethforprivacy Apr 22 Replying to @sethforprivacy And only one dev and no external audits 🥲 Show this thread 5 1 1 16 Show this thread Seth For Privacy @sethforprivacy Apr 22 And only one dev and no external audits 🥲 4 1 1 17 Show this thread Seth For Privacy @sethforprivacy Apr 22 While the content was good and necessary, really not proud of the tone and approach I took to expose another scam in the space. Sorry about that, and will be trying to stay more neutral in tone (but honest!) while sharing things I seem important (like scams to avoid). 25 2 2 94 Seth For Privacy @sethforprivacy Apr 22 Very much looking forward to more content from @DarkDotFail, they've been an absolutely essential part of how I keep up with trends in DNMs etc., and very curious to see the focus of their news website. What kind of content are you hoping to see from them? dark.fail @DarkDotFail Apr 21 It's my 4th year here, providing original reporting on privacy and cyber matters. Thank you readers. This Monday I launch my independent news website, years in the making. Want a free one year subscription? DM or email me your Protonmail within the next 24 hours. Hiring writers. 3 15 Load more Logo Seth For Privacy @sethforprivacy Privacy is a human right. Monero is the digital cash we need to opt out of an Orwellian financial future. Host of @optoutpod, a privacy-focused podcast. United States sethforprivacy.com Joined May 2011 Tweets 12,092 Following 669 Followers 14,094 Likes 58,415 458 Photos and videos Tweets Tweets & Replies Media Search Load newest Seth For Privacy @sethforprivacy Apr 21 If a project has piss-poor documentation, their website is full of errors and out of date information, their dev team cannot be bothered to update a markdown file used for pre-mine "transparency", and who's code is poorly commented - maybe you should be skeptical of their claims? 8 4 109 Seth For Privacy @sethforprivacy Apr 21 Oh and don't forget a history of abject code plagiarism, implementing code on mainnet without audits and with false claims of "improvements" that's also plagiarized, has $26mil in pre-mine but can't be bothered to perform 3rd-party audits, etc. How many red flags does it take?!? 7 1 47 Seth For Privacy @sethforprivacy Apr 21 8/ DERO either knowingly (or unknowingly) claims that transaction data must be decrypted to be verified, something that is absolutely false. Monero, Zcash, etc. all do verification without revealing amounts or transaction details -- verification on encrypted data is quite easy. 4 2 2 59 Seth For Privacy @sethforprivacy Apr 21 9/ Maybe best of all as someone who has a networking background, DERO claims to do TLS over UDP instead of TCP, something that is literally impossible and pointless. TLS (read: comms encryption) can only be done via TCP as you have to have a handshake and state for encryption. 5 2 1 55 Seth For Privacy @sethforprivacy Apr 21 10/ Side-note -- their code seems to just do TLS over TCP contrary to their claims. There is a rarely used way to do a form of TLS via datagram packets, DTLS, but they do not mention DTLS in their repositories or docs. 3 2 54 Seth For Privacy @sethforprivacy Apr 21 11/ Their example of "TLS over UDP" shows a Wireshark screenshot of a TCP packet (one using TLS and one using regular HTTP over TCP), yet again showing they have no idea what they're talking about: 2 2 50 Seth For Privacy @sethforprivacy Apr 21 12/ Their whitepaper link 404s, so I couldn't even view it: dero.io/attachment/Whitepape… 5 2 1 65 Seth For Privacy @sethforprivacy Apr 21 13/ They claim their network has no soft/hard-forks, but they are in the process of a "coin swap" to their new network, something far worse than a soft/hard-fork as it's an entirely new chain: docs.dero.io/rtd_pages/basic… (Also have to love the myriad misspellings and poor grammar) 3 2 60 Seth For Privacy @sethforprivacy Apr 21 14/14 Enough of my time wasted on this, but if you see projects claiming to solve all known issues with encryption, privacy, smart contracts, security, etc. you should run as fast you can. Grandiose claims are *always* massive red flags and inevitably money grabs. 6 2 1 85 Seth For Privacy @sethforprivacy Apr 21 Fun extra tidbit -- all of their repos still say that their new "Stargate" FHE blockchain is in testnet, but they're simultaneously telling people to swap funds through centralized services to this new testnet today: github.com/deroproject/deroh… Make it make sense! GitHub - deroproject/derohe: DERO Homomorphic Encryption Blockchain Protocol DERO Homomorphic Encryption Blockchain Protocol. Contribute to deroproject/derohe development by creating an account on GitHub. github.com 2 3 1 50 Seth For Privacy @sethforprivacy Apr 21 Excellent additional details and tested aspects of the lies of DERO here, very helpful to get a picture of a few of the other outlandish claims (read: lies): reubenyap/status… Thanks for digging in as well, @reubenyap! Reuben Yap @reubenyap Mar 4 To @JoyRaptor I'm assuming this is an honest question and will take it as such. Indeed, I don't use the word 'lie' lightly and I had cross-checked and verified myself before making these claims on $DERO. Show this thread 6 3 41 Seth For Privacy @sethforprivacy Apr 21 One clarification -- the docs and website are misleading, and apparently DERO does not use FHE, but instead uses PHE, taken from AnonZether without credit or attribution: github.com/ConsenSys/anonymo… Thus their HE approach does seem viable in theory, though I can't validate impl. GitHub - ConsenSys/anonymous-zether: A private payment system for Ethereum-based blockchains, with... A private payment system for Ethereum-based blockchains, with no trusted setup. - GitHub - ConsenSys/anonymous-zether: A private payment system for Ethereum-based blockchains, with no trusted setup. github.com 1 2 27 Show this thread Seth For Privacy retweeted ProtonMail @ProtonMail Apr 21 In times of growing surveillance and censorship, Proton’s goal is to ensure privacy and freedom of speech for all. That's why we're announcing an exciting new Proton experience over Tor, and are supporting @torproject as a Green Onion Member. Read more: protonmail.com/blog/updated-… 11 137 7 698 Seth For Privacy @sethforprivacy Apr 21 One of the biggest takeaways for me from #Monerotopia22 and #BANB2022 was that the momentum behind the scenes for #Monero is immense and largely going unnoticed. There is a huge and rapidly growing user-base for Monero that doesn't talk about it but are already using the tools. 5 15 74 Seth For Privacy @sethforprivacy Apr 21 Every merchant or project I talked to either accepts Monero, is working on accepting/integrating it, or wanted to learn how to accept/integrate it. The few people who didn't already use Monero asked for more info and wanted to get started immediately. 1 11 Seth For Privacy @sethforprivacy Apr 21 Many people were interested in learning how to mine Monero, even at a large scale. Once people grasp the "just press send" aspect of using Monero while preserving privacy, it's adoption by freedom-loving people is inevitable. Exciting times, and so much to do. 4 27 Seth For Privacy @sethforprivacy Apr 21 P.S -- there are *many* prominent Bitcoiners that are already Monero users (and often power users) behind the scenes. The more I get to know the more surprised I am at how many of them won't publicly get behind Monero (yet) but see it's value to their own freedom and privacy. 1 2 1 36 Seth For Privacy @sethforprivacy Apr 21 TIL I am a "looney tunes fudster" 😅 It's been a while since I kicked a hornets nest, good to keep me on my toes and keep learning new things. Never a dull moment in cryptocurrency... 7 37 Seth For Privacy retweeted OXT @oxt_btc Apr 21 Introducing the $1 Fee Estimator, a new Bitcoin fee estimator algorithm that is easy, cheap and usable on almost any full node. In less than 200 lines of code. #Bitcoin #Dev code.samourai.io/oxt/one_dol… OXT / one_dollar_fee_estimator code.samourai.io code.samourai.io 2 29 8 93 Show this thread Seth For Privacy @sethforprivacy Apr 21 *most of their grandiose claims They make far too many grandiose claims for me to spend to time refuting every one, but I covered the most obvious ones here. 3 2 32 Show this thread Load more

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22% of younger Jews don’t want a Jewish state
by professor rat 29 Apr '22

29 Apr '22

I think we can get over 50% by Cypherpunk 2027 https://groups.io/g/marxmail/topic/israel_lobby_group_affirms/90759863?p=,,… Reposts are not endorsements of anyone or anything

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1984: Unrestricted Warfare, Asymmetric Advantage, SpyVeillance, Propaganda, Crypto Hedges
by grarpamp 29 Apr '22

29 Apr '22

Warfare is daily. It never ends. There's no beginning & end. In 'Unrestricted Warfare,' they talk about…how do you take advantage of fear... https://ept.ms/10428RobertSpaldingP1

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The NFT road to CYPHERPUNK 2027
by professor rat 29 Apr '22

29 Apr '22

Esteban Castaño, the founder and CEO of cryptocurrency analytics firm TRM Labs, told Forbes in February that concerns about money laundering in NFTs are legitimate. “We have already seen nation states move assets into NFTs and move them back out. So it's not a bogeyman–it's real. It's happening.” He says people who commit financial crimes like hacks, ransomware attacks and selling stolen credit cards can take the proceeds and move them into NFTs to hide or launder the funds. In February, Castaño said the risk of money laundering with NFTs was “small today, with a lot of potential to grow.” Chainalysis, a New York-based crypto analytics company, estimated that illicitly obtained funds–for example, money gotten through scams–that later moved into NFTs totaled $1.4 million in the last quarter of 2021. OpenSea, the dominant NFT marketplace that facilitates about $3 billion in monthly transactions, doesn’t currently verify customers’ identities through the “know your customer” (KYC) checks that are required in banking and other financial services. A spokesperson for OpenSea didn’t immediately respond to requests for comment. . . ." FORBES article

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No Ticket - No Laundry
by professor rat 29 Apr '22

29 Apr '22

" . . . a clearly established network of parties who send and receive “the same transaction or a group of transactions” to each other, according to the document. In other words, a tightly knit cluster of digital accounts transacting among themselves. Another “strong indicator” is “NFTs being sold for large sums and reacquired from the same party or a third party for smaller amounts,” the document says. Yet another signal is when overpriced or underpriced NFTs trade in frequent transactions. Low-value NFTs being bought and sold quickly could also be a symptom of illicit activity. The J5 document even calls out transactions of NBA Top Shot, the basketball video NFTs that gained popularity last year but have since lost most of their value. “On Top Shots with the NBA you see a lot of low value (i.e. sub 10K) NFTs being bought in the same day with owners only holding their position for minutes. This could be a way to wash funds.” https://www.forbes.com/sites/jeffkauflin/2022/04/28/irs-and-foreign-tax-enf… REPOSTS as is - not Endorsements

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16 Tons and what do I get
by professor rat 29 Apr '22

29 Apr '22

Telegram handed control of the Telegram Open Network and Toncoin—now the 205th-largest cryptocurrency according to CoinMarketCap.com with a value of $2.83 billion—to The Open Network community, an open-source community dedicated to developing Toncoin and the associated blockchain. https://decrypt.co/98981/telegram-users-can-now-send-crypto-via-messaging-a…

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Domain Names Fueling the Latest NFT Craze
by professor rat 29 Apr '22

29 Apr '22

Ethereum users have taken to speculating on the future value of three and four-digit ENS domain names. ENS names are domains that end in “.eth.” Each one is an NFT that is minted and sold just like your average NFT, which is a unique blockchain-based token that signifies ownership. ENS names are touted by their proponents as the future for decentralized, uncensorable websites and a potential universal login for all things Web3. . . . " - FROM https://decrypt.co/98984/ethereum-domain-names-eth-nft-craze

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NFT's not blowing your skirt up?
by professor rat 29 Apr '22

29 Apr '22

Hang on - help might be on the way - according to Flat-Earth-Forbes there's a growing interest in them to launder money. IF the IRS and foreign LEO's do have a genuine fear about this then its worthy of any genuine anarchists attention. BTW - sooner or later the " Third-Worldist " Left will cotton on that small countries from the global South are adopting crypto-anarchist tech. This could lead to increased 'noise ' levels that might even drown out Gramps / Semich/ Nazi-punk. I tremble for my anarchy.

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