ililiililiililiilili

joined 1 year ago

I should have clarified: the revolutionary part is that through the possession of data (private keys), users are able to lay claim to their units of cryptocurrency.

Monopoly money is issued by Hasbro (private institution), can be fairly easily counterfeited, has little to no acceptance outside the context of a board game, and there's no upper limit to how much can be printed. On top of all that: there's no cryptographic way to prove the validity of Monopoly money and it can't be transferred across the planet as easily as sending an email.

Value of anything only exists in the minds of humans. No value is inherent to anything. You're absolutely correct that gold isn't fiat. But gold could absolutely be used as currency. Its in circulation and used as a medium of exchange. You're also right that crypto is a currency. But its not a fiat currency. Crypto and fiat are both mediums of exchange not backed by a commodity. The key distinction is that fiat also relies on trust from the issuing institution.

[–] ililiililiililiilili@lemm.ee 1 points 1 day ago (2 children)

Fiat is government-issued currency with no underlying commodity and no upper limit. Crypto has no government backing and its issuance is determined by each cryptocurrency system (maintained by miner consensus). Some crypto has upper limits and others do not. I think having no supply limit is the distinction you're trying to define as fiat.

[–] ililiililiililiilili@lemm.ee -2 points 2 days ago (6 children)

Crypto is a revolutionary product because it enables users to possess their own units of account. With great freedom, comes great security concerns. Keep in mind, the vast majority of scams are still conducted with fiat currency. Blaming ignorant crypto users does not overshadow the value digital assets provide to humanity. These benefits include: protection from fiat debasement, the ability to transact without intermediaries, global accessibility, privacy, and transparency. We're using the fediverse for fucks sake, so some of these features ought to be seen positively by many of us. You're absolutely right that greedy and gullible are drawn to crypto because "line goes up." There will always be a learning curve for new technology and hard lessons will be taught to early adopters.

I sincerely hope this thought occurred in the shower, OP. 😍

[–] ililiililiililiilili@lemm.ee 3 points 1 week ago* (last edited 1 week ago)

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[–] ililiililiililiilili@lemm.ee 32 points 1 week ago (1 children)

You are right, that most of these women probably would have consented. Rapists are into non-consensual sex. Its kinda their kink.

I have accepted PNG Jesus into my photo editor.

Yeah, this was my thought process. Security comes in layers and a huge amount of malicious software will scan for and send away unencrypted crypto sitting on a device. Setting up a small honeypot and monitoring for transactions gives me slight peace of mind. I just wanted to share my shower thought.

 

Just a random thought I had.

[–] ililiililiililiilili@lemm.ee 2 points 2 weeks ago* (last edited 2 weeks ago) (1 children)

I have one of those $15 motion-activated alarms from Amazon (with a key-fob) buried under the seat of mine. That way, it will at least make some noise while it's being stolen. Obviously, use a lock (first and foremost).

[–] ililiililiililiilili@lemm.ee 17 points 3 weeks ago (3 children)

For what its worth: I've been running enterprise since 2015 (when it was called LTSB) then switched to LTSC IoT around 2021. Its fantastic and doesn't have all the Candy Crush and other bullshit. I highly recommend.

[–] ililiililiililiilili@lemm.ee 5 points 3 weeks ago

Its spelled KeePass (not to be pedantic, just for clarity). Here's a link on F-droid for KeePassDX. Others should chime in, but I think KeePassXC is the best choice for Win/Linux/Mac. Then sync your database via Syncthing (or your trusted cloud provider).

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