Hacker News Reader

Comment by matheusmoreira | Hacker News Reader

Bitcoin traceability is old news. Nothing written on this article applies to Monero.

Pretty low quality article that doesn't consider such things, or the concept of fungibility and private protocols compared to mixing, or the history of how money was always expected to be fungible so this modern culture is unusual, etc... so many things to say, and so few people that are aware

Seems like a propaganda piece since it speaks entirely as mixing=bad. Would ask the author how he would feel about publishing all his bank statements publicly online, and if he would feel safe having address leaked and large crypto holdings that were public

The author was open about both how little they know and how these articles are about their learning. Sorry bud, but if you read that disclaimer at the beginning, read the whole article and still have this complaint, I have zero sympathy for you.

They warned you in advance. Why shit on them?

You're right, I forgot about the first paragraph by the end, my bad. Still this is shared and people are reading it, so it is colouring people's view in a disappointing way. Communications have an impact on the world and people should take responsibility for what they say

That’s true, but none of us emerge from the womb fully formed and ready to go. We all learn and grow. I’d 100% understand and agree with you if they tried to pass themselves off as an expert and published this article. But I respect people for having the modesty and respect to admit they’re just learning and like to file their contributions away accordingly. Heck, admitting you don’t know things is the first step to learning and learning is one of the best ways we can all make the world a slightly better place.

I wouldnt be able to write anything if I worried too much about regretting what I wrote, so I agree

> They warned you in advance. Why shit on them?

The author's insulting clickbaiting headline does them no favors. If the author knows so little, maybe they shouldn't be telling people they're thinking wrong.

Problem is you might show up on the radar when you exchange Bitcoin or Fiat for Monero.

> The DOJ’s Crypto Dragnet Is Bigger Than You Think

I 'think' their dragnet is bigger than this article thinks it is.

It is funny how slow and steady Monero adoption as been. It gets very little coverage on most platforms.

because almost all of the cryptocurrency world is there for the ponzi scheme grift side of things, not because they want a functional payments system or anonymity.

Monero is one of the few currencies that focuses on the core project of a decentralized payments system. Go to their subreddit and you'll see they have a strong culture of discouraging price discussion and focusing on the technology.

I would argue that is more of a function of their low market cap (lack of retail "investors" who have no practical use for monero) which really only leaves developers, those who have a lot to lose (potential prison), those passionate for privacy (who's primary goal is not deflationary value) and the intellectually curious. If monero catches on the democratic balance tips towards retail investors and the discussion will focus on price. This also applies to reddit as a whole which has become lower and lower quality as mainstream culture has accepted its common use.

Absolutely, 100%. I agree with everything you said and I rue the day that Monero actually does become mainstream because it will cause many problems for the people just using it as an already functioning currency.

Reply on news.ycombinator.com