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Joined 1 year ago
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Cake day: June 13th, 2023

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  • Essential consumer goods have huge markets, and have few differentiating factors. Both of these things are beneficial for mass production, which lowers the cost so much that small business are driven out of the market. And the small business that remain often only resell mass produced goods. Even though WE want essential goods available for Monero, I think it offers buisiness too little advantage in a highly competitive market and the effort required plus legal uncertainty may even drag them down.

    If you want Monero adoption, ask yourself: Why would you want to receive XMR instead of cold hard cash for your work and/or goods? The obvious answer should be: Because you can use it for things you can not use cash for! Yeah people of course thing “duh we got the darkweb” and while that’s true the market is way beyond early adopter stage and does not really require our attention. I do like to market for internet services (email, vpn, vps, sms verification etc) because it’s such an obvious yet still niche use case. It’s also a low value way to spend donated money on your foss projects or whatever you do.

    Personally I think good markets would be anything that is not illegal, but people still don’t want anyone else to know about. If you could pay for tax consultants, lawyers, psychiatrists and similar professions anonymously, I’d bet some people would be willing to pay extra and go out of their way to acquire XMR. And once you can’t trade for fiat anymore, the best way to get some would be to earn by offering more generic things.

    Yes, in the end it’s a hen and egg problem. But I really do believe the least uphill battle is going the “exclusive for XMR” route.


  • There are plenty of tradesmen working on weekends without reporting it to tax authorities. Common in cities, practically the norm in rural areas. Time spend working doesn’t leave a paper trail and whoever hired them can buy all the materials for “personal use”. Farmers do need to buy supplies, but unless they have John Deer equipment, the harvest amount will not be automatically counted, and it’s trivial to sell some part of it on non-official markets.

    I think it all hinges on how fast people get used to using monero “for real” and not only to buy some merch or for other meme purposes. When regulations come down, the people who will be hit the hardest are those bridging between fiat and xmr, because their banking activity can be moderately easy controlled.





  • I have used them back when they cost 3.5€/mo instead of the 5€/mo you pay for mullvad or ivpn. Gave them a try specifically because the support XMR, and it worked flawlessly for each of the 5 (?) payments I made. Service is fine, no complaints, but the desktop app is shit. Can’t easily configure local bypass which is supported by mullvad/ivpn. At the new pricing their offer doesn’t really make sense anymore.



  • People joke about this all the time, and I here the sarcasm in your comment, but technology has come far since the iphone 6 or 7.

    Most high end phones have wireless charging build it. Between the receiver coil and the rest of the phone is a thin sheet of ferrite material to prevent the electromagnetic field from getting to the sensitive electronics. Battery technology has also improved a lot, so much that even relatively cheap phones like the Realme GT Neo 5 charge at 150W!

    From the technical perspective the limit is the cable and connector, because there would be too much losses that heat up the cable to dangerous levels and rapidly degrade the contact area in the connectors. Manufacturers don’t want to deal with this security risk, not the increased RMA rates within the mandated guarantee period, so they artificially limit the charging rate.

    Thing is: You absolutely can charge at higher speeds if you bypass the cable altogether! A microwave outputs usually somewhere between 150W-1000W, so stick to the lower end to be on the safe side. The screen of the phone must face down, because the charging coil is placed on the back. You also must prevent overcharging by setting the timer correctly: If your phone battery has 15Wh capacity, and you are charging with 150W, you must at most charge for 1/10 of an hour, or 6 minutes (less if you are just topping up your phone).

    One final note: fast charging does put increased wear on the battery, so I only recommend to use it when you need it, for example when you need to make a flight and are already running late.




  • I am aware of the basic arguments behind inflation/deflation, and neither is good in excess.

    Typically central banks targets inflation of 2% these days, but we all know the real inflation for necessities is far higher (>4%). Inflation disproportionately affects the poorer - rich people have the fast majority of their wealth “stored” in stocks or real estate, which rise in valuation as people rush into these markets to protect the little they have. I’d argue that inflation rates are artificially pushed far higher then is sustainable, simply because those who decide are the same people who benefit the most.

    I consider a low but predictable inflation rate about 1% ideal (0-2% is acceptable short term variation) for the following reasons:

    • No one has to worry about debasing/devaluing your currency by injecting more supply.
    • Nobody “passively” gains wealth by sitting on it.
    • If you want to keep your wealth, you have to take some risk and use it.
    • Inflation rate is not so high, that you need super high risk investments to keep up, making it more accessible to small players.
    • Large player can not as easily game the market by skimming of value from the lower to upper middle class.

    Yes, this idea is not without risks. But the way I see it the forced “we have to improve value by 2% every year” exponential grow can only go on so long before we (humanity) hit the finite limits of this planet.