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Blockchain Integrity Act was just proposed in the US Congress (monero.town)

submitted 5 months ago by z0rg0n@monero.town to c/monero@monero.town

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I only had time to read it once but here are some interesting points:

This would put a 2-year moratorium on mixers.
It interestingly classifies 'Privacy Coins' in a different category than mixers.
States there are 'legitimate uses' for mixers
Would have the Secretary of the Treasury prepare a report that includes information on "The capacity of the Financial Crimes Enforcement Network, the Office of Foreign Assets Control, and Federal and State law enforcement agencies to track, prevent the transfer of, freeze, and confiscate funds that have been processed through digital asset mixers, privacy coins, and other anonymity-enhancing technologies"

Full proposal available here: https://casten.house.gov/imo/media/doc/blockchain_integrity_act.pdf

Where does Lemmy fit in the life cycle of a meme? in c/asklemmy@lemmy.ml

[–] z0rg0n@monero.town 6 points 10 months ago

Q-anon is probably the biggest one.

Check out the HBO documentary 'Q: Into the Storm'.

No Man's Sky lead says Light No Fire will let you climb mountains that are "miles high, taller than Everest" in c/games@sh.itjust.works

[–] z0rg0n@monero.town 4 points 10 months ago* (last edited 10 months ago)

Hey! It's not that simple! There's feces too.

Teenage girl kills classmate and herself in Russia school shooting in c/world@lemmy.world

[–] z0rg0n@monero.town 7 points 10 months ago (1 children)

You just made me realize how much I'd love to live in a country where there was no such thing as a "normal shooting".

Gun culture in America is absolutely fucked.

How do you manage your photos and videos? in c/piracy@lemmy.dbzer0.com

[–] z0rg0n@monero.town 2 points 10 months ago (1 children)

If you trust them, which it seems like you do, to not sell your information for advertising purposes then maybe thats true.

They're still sharing your personal information with others. Maybe you trust Google to not use the information stored in your drive for ads or to sell you shit but do you then also implicitly trust every corporation that that give that data to? To you then also trust those companies to always handle and treat your personal information with the respect it deserves for all time?

How do you manage your photos and videos? in c/piracy@lemmy.dbzer0.com

[–] z0rg0n@monero.town 2 points 10 months ago (3 children)

Here's a relevant quote from their privacy policy:

We provide personal information to our affiliates and other trusted businesses or persons to process it for us, based on our instructions and in compliance with our Privacy Policy and any other appropriate confidentiality and security measures. For example, we use service providers to help operate our data centers, deliver our products and services, improve our internal business processes, and offer additional support to customers and users.

If you're OK with Google using your personal information to sell you adds or with then selling your personal information directly, then it's a fine option.

Again, i's a privacy issue. Some people are OK with giving up privacy for convenience, and that's fine.

How do you manage your photos and videos? in c/piracy@lemmy.dbzer0.com

[–] z0rg0n@monero.town 6 points 10 months ago (5 children)

Lack of privacy is a huge reason. If you're OK with Google scanning all of your photos to sell you adds and build their AI then it's a fine option.

I value this meme at eleventy billion and won't take a cent less in c/memes@lemmy.ml

[–] z0rg0n@monero.town 1 points 10 months ago (2 children)

Monero has mechanisms for validating supply:

https://m.youtube.com/watch?v=vW9H6VIONWM&t=174s

If you're going to repeat this argument ad nauseam then at least don't do it in a misleading absolutist way.

Privacy is Priceless, but Signal is Expensive in c/technology@lemmy.world

[–] z0rg0n@monero.town 2 points 11 months ago

Some nonprofit organizations are corporations and have pretty shitty practices:

https://en.m.wikipedia.org/wiki/Kids_Wish_Network

The Morman church is another US 'non-profit organization' yet somehow hordes billions.

Trusting blindly without doing research because something is presented as a non-profit is a good way to be taken for a fool and separated from your money.

When signal made their own cryptocurrency which they entirely premined was a huge red flag. Dropping SMS support was an annoyance that broke the camels back.