• db0English
    13•6 months ago

    I’m ok with people promoting services which accept cryptocurrencies (hell, Lemmy itself accepts crypto donations). However promoting cryptocurrencies itself is a no-no in our instance.

    Also: Crypto is a not private. The blockchain is public.

    • @[email protected]English
      4•6 months ago

      Crypto is a not private. The blockchain is public.

      Not necessarily true for all ledgers, such as monero.

      https://www.getmonero.org/get-started/faq/#anchor-different

      Monero uses three different privacy technologies: ring signatures, ring confidential transactions (RingCT), and stealth addresses. These hide the sender, amount, and receiver in the transaction, respectively. All transactions on the network are private by mandate; there is no way to accidentally send a transparent transaction. This feature is exclusive to Monero. You do not need to trust anyone else with your privacy.

      • db0English
        10•6 months ago

        Monero users can and have been deanonymized by the police. Monero also acts as a de-facto tumbler, meaning by using it, you’re money laundering for criminals as a matter of course.

        • @[email protected]English
          3•6 months ago

          I’m not trying to defend monero here, but the ability to have a conversation about such things.