@LemmyHead - eviltoast
  • 6 Posts
  • 106 Comments
Joined 1 year ago
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Cake day: November 10th, 2023

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  • You can also not use euro to pay for your federal taxes in USA. You can however convert your euros to USD in order to pay for them. If you think euros are more trustworthy and give you full self custody, then it’s a good reason to hold your money in euros . Plenty of people do that in the world; they store their money in USD rather than their inflated less reliable national currency.

    Victim to speculation? Unfortunately yes, but same thing goes for stocks, even basic foods and raw materials nowadays. What do they give you? Whatever matters to you: full privacy? Full ownership? Freedom of movement for your money? Not one central entity deciding on the amount that’s printed? Voting power in the tech that’s being built? Most stocks nowadays don’t give you anything as well, but the fake belief on how much it’s worth and a lot of people agree nowadays they don’t represent true value of the company in many cases (Apple, Facebook, Tesla, etc.). You don’t get voting rights, you don’t get dividends. A lot of Cryptos do give those.

    Having said those counter-arguments, of course there’s flaws too and frankly more with the majority of them. It’s those select few that could matter on long-term


  • LemmyHead@lemmy.mltoPrivacy@lemmy.mlThoughts on Cryptocurrency?
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    8 months ago

    “Monero’s privacy features can be absorbed into the Bitcoin protocol whenever Bitcoin decides it wants to”

    I think that’s the biggest flaw in your thinking. Monero has this built-in from the start and everyone using it knows it and supports this approach. It affects how legislators can manipulate the coin because they can’t, it will keep on living. It already affects the true value of the coin with all privacy included, because you can see how exchanges are unwilling to list it or are delisting it if they already did so, so there are no (or hardly any) institutions or billionaires manipulating the price because of the high risk factor of losing their money. You’re forgetting that people in power nowadays are brainwashing us to accept that a wanting a fundamental right like privacy equals you’re doing criminal activity or have plans to do so. There are A TON of reasons why bitcoin will never include such strong privacy features, because there are so many factors that influence this decision to make it possible, and the dominant reason you see that matters to btc holders (or any other crypto token for that matter) is NUMBER GO UP. Privacy is not a number go up reason. So it’s not a tech issue, it’s a people issue




  • A lot of IT companies in NL hire foreigners. There’s just too little local offer. They throw with work visas as a result, because they’ve never heard about remote-first work being possible after covid. They can’t modernize their work culture because of stupid old fashioned managers and as a result NL has one of the worst housing crisis in Europe. And pay ain’t that good either in a lot of cases, taking into account how much you lose on rent.