oh, for anyone who doesn’t understand blockchains:
 

Don’t forget onion routing, you can’t forget that if you want to run a successful deep web operation

@Background Human
 
Why not both?
 
Rainbow Dash says it’s good I’m diversifying with Ethereum and bitcoin but we both agree I’m not building the shotguns fast enough. I need more tools grumble grumble.

@wenni
 
I was talking about bitcoin. monero is better, I suppose, but it’s not perfect.
 
I think there’s a point where you can’t increase the anonymity of your currency, without opening yourself up to potential thievery. cash just… ignores the thievery and goes (almost) full anon. we could definitely do better than cash, but a public blockchain of digital signatures is not what I’d call a solution.
 
really it all comes down to the misbegotten delusion that work has value. we’re paying people to bang their heads against the wall. it’s just ludicrous.

@wenni  
It helps that the people who say regular money is worth something have powerful governments backing them. If the Equestrian bit ever becomes worthless, it’s because the Equestrian government has fallen, in which case canned food and shotguns are a better investment than virtual Alf pogs.

@redweasel  
Monero

@ShobieShy
 
they could pass a law making all bitcoin transactions illegal, that aren’t done with a key registered under your legal name. the wallet’s public key is recorded in every transaction, so it’s trivial to then assemble a history of all your purchases and sales, and to whom.
 
compare that with cash, where no law can recover a history of purchases and sales that doesn’t exist.

Reminder that crypto and “regular” money can both be worth nothing in a day, because they’re only worth something because we say they are 👉👉

I’ll tell you what, Twilight. Just write the whole thing out in a complicated calculus/fractal equation, and none of us will be able to figure it out.

BANG HEAD ON WALL  
MAKE BANG HEAD ON WALL THING  
SELL BANG HEAD THING FOR MONI  
PAY FOR MORE BANG HEAD

Ah yes, bitcoin: money replacement by and for the people who don’t understand what money is or how it works.

@Kamazeustra  
While every transaction may be viewed, no locations, names, or any personal information nor information beyond how much of the currency is transferred is recorded. This ensures privacy.

Privacy and a full public record of every transaction? Sure.

That’s some nice dialogue (^:

I almost think she’s speaking in english or something similar I swear. But I can’t grasp those strange words.