Crypt0 ₿ear

@MakeCryptoScary
Hacker Music

[Crypt0 ₿ear @Crypt0_Bear]

Privacy Matters

[Monero TV @Monero_TV]

Every day, another #Bitcoin Maximalist discovers the dark side.
Every day, another #Monero Extremist is born.

MONERO EXTREMIST - by @Crypt0_Bear

*Make Crypto Scary Again* 🔊🆙

[Crypt0 ₿ear @Crypt0_Bear]

Hacker Motivation 0x66
Tracklist & Album Cover
Packaging for distribution.
Onion gets earliest drop

[Crypt0 ₿ear @Crypt0_Bear]

Released 4 years ago
Still available for free download on the darkweb

Mirror https://t.co/w09NtGQdmH

[Crypt0 ₿ear @Crypt0_Bear]

Hacker Motivation #2
Darkweb Release on Tor in the next 7 days.

(Milkroad Hidden Service)
Mirrors via: @MakeCryptoScary

[Crypt0 ₿ear @Crypt0_Bear]

Merry Christmas ✝️

[Crypt0 ₿ear @Crypt0_Bear]

So with this logic cash is unable to comply with AML laws?

[Dr Martin Hiesboeck @MHiesboeck]

Don’t buy this private coin nonsense. There are some very nefarious elements behind this hype. This is just a game of musical chairs. They are unable by design to comply with AML laws. In any jurisdiction.

[Crypt0 ₿ear @Crypt0_Bear]

In the USA there is no regulation that explicitly prohibits digital cash. Kraken was the only major exchange that had the balls to list it.

[DB✨⟁ | dbadol.beam @dbadol2000]

@gialloxmr @krakenfx I agree. I don’t want to hate Kraken. On the contrary, it’s the one regulated exchange which has done the most for Monero, as long as it could.

Imo, Kraken is not an enemy. Stupid regulations are. If anything, Kraken is maybe more of victim here too…

[Crypt0 ₿ear @Crypt0_Bear]

Destroying privacy isn't the solution.

Monero is better poised to use existing cash frameworks in the digital age than other crypto projects.

̵P̵r̵̵̵i̵̵̵v̵̵̵a̵̵̵c̵̵̵y̵̵̵ ̵̵̵c̵̵̵o̵̵̵i̵̵̵n̵̵̵ ̵
Digital cash

Regulation around cash acceptance already exists. Using those same guardrails for monero means compliance is actually much easier than for coins with public history.

But monero has no CEO, no VC cabal, no foundation that is going to go shill exchanges. Cypherpunks are not going to go meet with regulators to create a modern digital framework. (And in this environment why would they?)

If you really want to win, go publish an open source digital cash compliance framework. Include things like compliance SOPs for monero that exchanges can integrate into their aml policies. Focus the main strategy around cash in/out flows. Controls are an extension of irl cash, just as a bank would treat cash deposits for SAR reports etc.

Exchanges are not going to go do the work for you especially for an open source coin without a PR team.

[Satoshi Van Saberhagen @saberhagen_xmr]

XMR needs transparent addresses. It has to be accepted by regulators to be anything. It can't interact with the world as it stands if we don't bend the knee, and its upside as a white-market speculative asset will be very limited. Let's focus on gains first, we can resist later.

[Crypt0 ₿ear @Crypt0_Bear]

Huge opportunity for @X to relaunch their Tor hidden service and a matching Guy Fawkes mask in lieu of country flag

[Insider Wire @InsiderWire]

#BREAKING: X will soon be displaying every users’ country of origin on their public profiles.

[Crypt0 ₿ear @Crypt0_Bear]

In proof of work you don't need to own or spend the asset to earn it.
The matrix of control can't own what it can't see.

The means of production for cryptocurrency are one of the following:
1) Funds for POS
2) Hashrate for POW

For POW the following:
a) - ASICS and industrial power for asic friendly algos
b)- People's machines for ASIC resistant algos

Asics have an economy of scale which trends towards centralization. (Power, new asics, large scale datacenters). Each of these become potential bottlenecks for central control.

Asic resistant algos require CPUs to mine. There is no inherit advantage to centralize. This is because CPU design is not led by optimizing for RANDOMX but by other factors. CPU design is extremely expensive and requires a lot of capital by companies. This capital investment is higher than any ASIC company could ever get for their one single algo chips.

CPU mining also ensures any person can buy consumer grade hardware from anywhere and start mining that same day. There is no specialty vendor, chips or store that they must order from. This freedom to use commodity computers for mining means it is harder to corner and coax into submission through tracking of who buys or owns specialty hardware.

POS is more easily tracked through exchanges. The built in privacy a currency offers is negligible since the exchange has an inside look into money flows in and out. Computing the ownership of a user can then lead to directly computing the potential production capability off that user.

When it comes to POS, ideological reasons aside, my biggest qualm about it is: If you are not allowed to buy it, how do you mine it?

[Crypt0 ₿ear @Crypt0_Bear]

Qubic miners are a closed source dotnet binary that acts as a dropper for a second stage payload. Currently that is XMRig
Smoke and mirrors on an illiquid foundation of token buybacks for a centralized network.

[Crypt0 ₿ear @Crypt0_Bear]

There is a reason none of the qubic miners are open source.

[Monerochan Token @MonerochanToken]

Useful Proof of Work is not real. Yeah, (You) QUBIC

It has been tried before.
Primecoin (2013), curecoin (2014), folding@home coins

POW has to be hard to solve but easy to verify.
Usefulness is a paradox to this

Qubic tries to handwaves this away with computors scoring the trained model.
A thread clearing the air on QUBIC mining 🧵

[Crypt0 ₿ear @Crypt0_Bear]

Some of the "solutions" involve adding centralized failure points.

Someone is being malicious to fund their token's buybacks. That's it.

Literally beat him at his own game and his whole project goes into a price death spiral.

[Münzevi @munzevi_xmr]

A miner pool has enough power to double spend!
We are still talking about funding a full-time developer for FCMP.
It is time to wake the fuck up!
Stop all CCS’s.
Devote the all resources at hand to fix the mining problem.
Or else Monero wont survive this.
The shit is serious.

[Crypt0 ₿ear @Crypt0_Bear]

They don't have a powerful agency behind them.
They built a network to train ai but have nobody willing to pay them for it.
To keep the token price up they are mining monero and once they have 676 xmr they market buying qubic on a CEX.
This props up the price of qubic. Since payouts are in qubic it also makes it look like it is more profitable than xmr.

There is not enough liquidity.If most of those miners tried to sell the price would collapse.

[Crypt0 ₿ear @Crypt0_Bear]

In a fight, if someone throws a punch you throw one back harder.
You don't try and change the law of physics to make their punches hurt less.
Qubic is an economic attack funded by circular rehypothecation.
A competing pool with the same tokenomics would accelerate their spend to force their price death spiral.
ALL WITHOUT ANY TECHNICAL CHANGE TO MONERO

[Crypt0 ₿ear @Crypt0_Bear]

@MgkMshrmBrkfst DM me how much you want and address and I'm down

[Crypt0 ₿ear @Crypt0_Bear]

Planning some things

Anybody willing to gift me twitter/x premium in exchange for XMR?

[Crypt0 ₿ear @Crypt0_Bear]

@Ammortel_ @xmrbazaar I'll see. Not a bad deal

[Crypt0 ₿ear @Crypt0_Bear]

@nicrypto @EmanAbio The cypherpunks moved to monero

[Crypt0 ₿ear @Crypt0_Bear]

https://t.co/yihbbgFhWE

[VLAD HOSTS THE BEST PODCAST IN BITCOIN @Vladcostea]

Privacy coins should rebrand as “true cryptocurrencies”

Because they are the ones that make use of the latest breakthroughs in cryptography to improve internet payments

While the rest of the market is just trying to reinvent banking

[Crypt0 ₿ear @Crypt0_Bear]

@vladcostea https://t.co/yihbbgFhWE

[Crypt0 ₿ear @Crypt0_Bear]

Don't call it a "Privacy Coin"
Call it "Digital Cash"

Weaponized words in the war on CBDCs a thread...