#TLDW: "YEET FACISTS BY ANY MEANS NECESSARY!"

https://www.youtube.com/watch?v=tZzwO2B9b64&t=1934s

Don't waste time and resources to do "#CounterSpeech" but instead kick them out!

@maikel basically, it boils down to the few key features of #Monero:

1. #Anonymity & #Privacy: Unlike with any other #cryptocurrency (aka. #Shitcoins) it's not just pseudonymous in that there is no mandatory linkage between individuals & their wallets, but the entire transaction history and balance is hidden. Unlike say #Bitcoin or #Ethereum one cannot track the coins from the moment of mining to their destination.

2. Speed: Monero's network does mine one block every 2 minutes. After 10 blocks any transfered balance gets unlocked for spending. That means that a transfer is completed at worst within 6 minutes and the balance is being unlocked at worst after 24 minutes. This makes it faster than Instant-#SEPA which only has a 1 hour SLA.

3. #Fungibility: Like #cash all it's coins are equal, since they cannot be tracked. This makes Monero the digital equivalent of cash.

4. #Scalability & #Stability: Monero adaptively self-adjusts block sizes and mining difficulty based upon demand (transactions in it's mempool aka. requested transactions that have to be added to the blockchain) and supply (total blockchain hashrate). Unlike Bitcoin and Ethereum it has a fixed Tail Emission Rate of at least 0,6 #XMR (Monero) per block, so the miners solving it get at least 0,6 XMR (+ transaction fees), which is a longterm stable rate. Bitcoin and Ethereum will necessitate huge transfer fees once their last coins are mined to make sense, which will result in the crash of said cryptocurrencies as they'll be too expensive to trade!

5. Anti-#ASIC and focussed on #CPU|s of general-purpose machines: Whilst it does run on #ProofOfWork, it's specifically designed to run poorly on #GPU|s and not on #ASICs as the latter one are not just manufactured #eWaste but also inherently increase the centralization (with less than a dozen big miners controlling >50% of Bitcoin and Ethereum's hashrate respectably). Thus it's the "least worst" in that regard. #ProofOfStake is not possible due to it's privacy-based setup (#Staking necessitates a public balance) and unlike a #Shitcoin like #FileCoin it doesn't incentivize #hoarding components. (in this case: #HDD|s)

6. Accepted & Convertable: Whilst there is a concerted effort to ban Monero, there are payment processors like #NowPayments that accept Monero. It's low transaction fees and good speed make it useable in settings like Restaurants and Online Stores (sadly not retail, because it would need to be like 60x faster)... And even then it's easy to convert to/from Shitcoins.

That's the #TLDW of Whiteboard Crypto, Mental Outlaw and The Hated One…

And finally:

7. Monero gets continously developed and enhanced, whereas Bitcoin, #Litecoin and Ethereum don't even do proper #upgrades via #HardForks (see #EthereumClassic)...

#TLDW:

#Piracy is a #Service Problem.

• Gabe Newell

https://www.youtube.com/watch?v=SWmufgTp6EQ

Piracy will exist as long as #corporate #greed will exist.

• As long as media will be #overpriced, #delisted, #pulled from shelves or get #OutOfPrint, Piracy will be inevitable.

If it was my decision #Copyright and #patents would be contingent on the #media / #technology being produced and offered for sale.

• In fact I think every #claim for #losses should be tossed by any #judge whenever there was no #legal way to obtain a new copy of some content.

Espechally since we live in the #AgeOfAbundance and nowadays the cost for distributing even a #AAA #Game or #Movie is merely the cost of #Storage and #Bandwith, so at worst a whole Euro if we're talking #PayAsYouGo - #Akamai with no minimums to get stuff distributed.

• We'd be in the single digit cents if we use #P2P technology like #BitTorrent and #IPFS to keep stuff available.

#TLDW: Just go with the #Fediverse if you don't want to be a #sucker for #Zuck's dick!

• #Corporate-owned #SocialMedia inevitable becomes #AntisocialMedia because their obsession with #growth necessitates #antisocial #DarkPatterns like #ClickBait and #RageBait #content being platformed...

https://www.youtube.com/watch?v=R3ptZ1W-FRA video via @Techaltar