@adisonverlice #TLDW; #MobileCoin is absolute #bs to the point that even #CryptoBros & #TechBros failed even acquiring it.

• Plus it's 100% #PreMined and hard-locked very proprprietary to #IntelSGX chips.

@katrinakatrinka @digyoursoul OFC, take your time...

I just think Monero is the least worst #Crsptocurrency because it's not some #Shitcoin with artifical scarcity, long transaction times, high fees and #NFT garbage!

• In fact, it's inherently incompatible with #SmartContracts and #NFTs per design, so all the #CryptoBros hate it!

Given how much #PaymentProcessors like #PayPal can change and outside #SEPA there isn't a good & fast #WireTransfer system, it's growing in adoption.

• Espechally since it's the closest to digital #cash!

Specifically, #ToddBlanche said the #Justice Dept will largely not bring cases that violate the #Bank Secrecy Act or contain unregistered #broker dealer violations & other registry requirements under the #Commodity #Exchange Act.

The memo said the National #Cryptocurrency Enforcement Team would be disbanded effective immediately.

@cryptadamist Perhaps the crash of fiat currencies is the whole point? The #Cryptobros and #AiNerds have been assimilated. Now they are Borg. #broligarchs take the cash when they pump the value is higher, like insider trading allowed by corrupt governments supporting pump and dump to leave billions broke. Get enough liquidity and let the suckers get ribbed by the bitcon Ponzi and IP Ai scam to trash pensions. Investing in oligarchs muck and lose all your luck! Nelly

@cryptadamist
I pray these #CryptoBros aren't THAT nucking stupid. #cryptocurrency would simply be another form of currency.

Replacing one currency with another wouldn't change anything that's happening on #WallStreet. The #DOW didn't crash b/c the dollar suddenly lost value.

If the price of a loaf of bread goes from $2 to $100, it wouldn't be any cheaper if you pay in #Crypto. #TooStupidForPolitics #DisasterPresidency

@inthehands if it was as easy as those #CryptoBros / #TechBros think, do they think people like #GraceHopper would've been pulled from retirement trice?

@ckrypto if@signalapp@mastodon.world wasn't complying with #CloudAct, @Mer__edith would be in jail.

Not to mention even if Signal keeps their "#OpenSource" code updated - which is doubtful, NOONE can actually #verify that it's the code you actually use - regardless if #backend / #Server or #client / #App!

• #Signal is as secure as #ANØM, otherwise it would've been shutdown ages ago.

Also if Signal was designed for #security, it would've been #decentralized as #XMPP+#OMEMO and not demand #PII like #PhoneNumbers which oftentimes cannot be obtained anonymously in many juristictions at all!

• Only #MultiVendor & #MultiProvider standards can be secure, regardless if OMEMO or #PGP/MIME.

By comparison, @delta doesn't require any PII, only an #eMail account, and @monocles isn't a #VCmoneyBurningParty but sustainable due to #subscription and they don't even require any personal details for #payment: #CashByMail and #Monero are accepted.

• Not to mention neither #DeltaChat nor #monoclesChat are pandering #Shitcoin #Scams like #MobileCoin that don't work even for #TechLiterate #CryptoBros!

Again: It's Signal alone who have to evidence they are trustworthy, and all I get are "#TrustMeBro!" replies, which means they are not to be trusted.

• Not to mention, it's just not sustainable to run a #service without #revenue, even if it's run entirely by unpaid volunteers and gets all it's #hosting and #costs donated, someone has to pay for expenses due to #abuse of a service (which is an inevitability come mass adoption)...

Whereas with #XMPP I can completely setup my own server and client, even build my own if I don't trust anyone else and pay someone to audit the code.

• Signal as a #centralized, #SingleVendor & #SingleProvider service is inevitable vulnerable to #RubberhoseCryptoanalysis, and #Meredith will break if not doing so means jail for life until she does!

Whereas with XMPP & PGP/MIME #eMail I can layer @torproject / #Tor over it, make it an #OnionService and keep that thing under my bed with a literal killswitch...

"We don't know who all owns #Bluesky (it's a secret), but we do know that #VCs and crytobros (cf. #cryptobros) are big equity holders, and the expectation that they will stand up to political pressure should be exactly zero @mastodonmigration.

Via @jasonkoebler

As part of the #clemency effort, #SBF’s parents Mr. Bankman & Ms. Fried, who are #Stanford University #law professors & longtime active #Democrats [shame], are consulting w/Kory Langhofer, an AZ atty who worked for #Trump’s 2016 & 2020 presidential campaigns. Politically connected businesspeople & DC lobbyists have also received outreach from intermediaries who claim to be allies of #SamBankmanFried….

…The push appears intended to capitalize on #Trump’s #transactional approach to #clemency. Trump favors #pardon seekers w/connections to him—either personally or through lawyers & lobbyists—& claims of *prosecutorial misconduct* [perceived persecution] that echo his own #grievances about the cases against him.