IP2

u/IP2@monero.town
1 posts · 48 comments

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I haven't had the time to look deeper into this but how does that affect anything if you self host or simply choose a different server? The way I understand it, that's exactly what they're pushing for here. How is that "federated platforms"?

In that sense, bitcoin is already working great and why should anyone ever bother anymore.

The issue has been discussed in the past, it is a real issue and many have already voiced concerns. I'm glad I see people bringing it up every now and then, I would get suspicious if none did.

Monero does instant transactions, visa is proof of stake. They are unrelated things with different uses in mind. I don't understand how you compare the two. What can you do with oxen?

It sounded interesting to me too (initially) don't get me wrong. It can supposedly be melted, it can also get damaged pretty easily and most importantly, there is no way of verifying I'm buying what is being advertised.

The FAQ is all marketing and nothing of value, have a look. The "can it be faked" part gives it all away. There's nothing to do with gold, you trust the company and their "patented technology".

More options are always better, this is not one.

It feels more like a scam than an innovative form of money. I'm not sold on the intrinsic value of a few snowflakes of gold, assuming they are there in the first place.

I've been keeping an eye since the beginning and I can't say I've seen interest growing. Other than the occasional 5 dolar novelty gift, you have to wonder what's wrong with coins? They are easy to verify and way more durable. What is the innovation here? The need to trust an issuer?