That’s true. I suspect the application programming is the only reason that it actually took off.

That’s pretty much exactly my thought. I hold a very very small amount in Polygon, but only in order to pay the gas fees for the Polygon network. So I never have more than a few US dollars worth in it at a time.

That is also not 100% true. There are several altcoins with fantastic utility. Monero and Ethereum come to mind.

While I personally agree that we should not store all transactions for all time, our storage capability is going to get exponentially better. We are able to store data in 3D discs with lasers now and can store petabytes in a single disc the size of your typical old CD-ROM and even store data in DNA if we wish. These obviously aren’t going to be included in your desktop computer anytime in the near future, but they do currently exist and show that storage will not be a problem for a very very long time.

If the goons are kicking down your door, there’s not a whole lot you’re going to be able to do to stop them from doing so, because they will find something against you. On average, the typical US adult commits three felonies per day. So if they want you, they will get you. Obviously, that’s done by making more and more things illegal to make more and more people criminals.

Monero is CPU based. And actually we are providing something of value in that we are providing a private currency not controlled by any government where no government can tell you you can or cannot use it because they have no power to stop you from doing so. Now, whether you believe that is something we need in this world or not is a different value set.

Fine, go after the industries that are doing more, such as industrial processing for making glass and other things that require high temperatures, the global transportation industry, etc.

When i pick up a loaf of bread its 0.012, and when i check out its 0.012. Currentsies are going to shift against each other. The exact same thing would occur if you walked into a store in, say, Germany and handed them dollars. Also, do you mind telling me how much energy the banking system uses to run their equipment, build their buildings, have their employees come to their branches, move armored trucks full of cash, etc. Like, I can understand the power use thing being an issue. But if you want to go after something that would make more of a difference, how about figuring out thermal bricks or something for industries making glass? Which produces a hell of a lot more greenhouse gases than crypto mining does. Industrial processes are a huge polluter. Or how about the global transportation system?

Well, we will just have to agree to disagree.

It fluctuates with an I narrow range, and as it gets more adoption, that range is continuing to narrow. As a matter of fact, I sell items for Monero and I keep my prices completely stable and people do come to buy things. https://xmrbazaar.com/user/shortwavesurfer2009/. I have my prices set in such a way that they will stay stable until at least December 1st of 2024 at which time I will update them if need be.

There are people dedicated specifically to Monero scaling and they are a hell of a lot smarter than me and do not see any reason why it cannot be scaled properly. Look at some talks by Articmine

Scammers use the technology because it actually works and does what it says it does. And criminals and scammers and such are generally the first ones to adopt a new technology. Such as bank robbers adopting the automobile in order to get away faster.

Now, overlay that price chart with a transaction count chart averaged out over say 90 days and what you will notice is that big spike up to 400 and above was at basically no transaction volume which makes it seem more like that was hype. Looking at the price chart over shorter timeframes such as a year will show you that the transaction count is actually increasing now and the price is staying quite stable.

Lol, doge

Bitcoin has the right idea, but did not execute it properly, primarily because it was the first and technology has improved and it has not. Monero is actually doing what bitcoin was meant to do and acting as a transactional currency, medium of exchange, and store of value.

Well hot damn!!!

Google Chrome warns of a drop of users. There, I corrected the title.

Make sure your router has built-in VPN support folks. That way when some shit like this does eventually pass all your traffic can flow over the VPN for your entire network.

Today I found out the White House actually thinks it has power over open source software. What a crock of shit.

Great, thanks for posting the summary and not posting the link. That’s super helpful. /s