i like the intention, but simple encryption is not going to cut it, you need to be able to deny the existance of the encrypted volume: https://blog.nihilism.network/servers/encryption/index.html what you’re looking for is plausible deniability. in short, hide your mnemonic seed into a veracrypt hidden volume

yea thats the point of having a decoy volume, you claim that the hidden one doesnt exist and that you gave the password. it remains possible until the adversary is able to prove that the hidden volume exists.

yeah that’s the chicken in egg problem that got ported over from bisq. Thing is that initial monero is required to make sure there’s an incentive to not scam the other peer and same from their end.

based, next step set up your own apt repository for easier upgrades for linux users and it’s going to be top notch ;)

Despite how bullish i am for monero in general, i have a major concern. Picture the following:

The monero community starts to move heavily into adoption (see what xmrbazaar.com is trying to achieve) and it starts to become widespread, BUT it’s still not officially allowed by governments. In fact, imagine that governments start to realize how bad monero is for their own economics and centralized control, and they start to explicitely ban it and enforce penalties for just using it (like any controlled substance). what about then ?

What about that one random farmer (small business, selling products attending to people’s basic needs to survive), who wants to accept monero to sell his vegetables, he’s going to get bothered by authorities for publicly accepting monero, after getting enough fines, i’m sure he’d actually give up trying to use monero officially.

Going even further down that road, as this would be an attack on the currency itself, what about that one fed guy buying monero (wherever, right, haveno, or whatever CEX) just to find out who’s selling monero, to literally prosecute them for just having monero?

Would Monero always remain a way to transact secretely ? rather than existing it as a way to transact publicly ?

This technology is not even meant to conform to any law, nor any governmental concern to assert their control over the populations, in fact, it is a direct threat to their existing control.

Now for me, Monero adoption must be a Bottom-UP process you go from individuals, to small businesses (farmers, bakeries, etc) and try to make monero getting adopted further up into bigger and bigger companies, which is (currently at least) increasingly less likely to get adopted due to financial regulations the higher up you go. Picture the day when those same financial regulations trinkle down all the way to the bottom of the pyramid onto small businesses and individuals, this’ll be a very tedious environment just to transact monero

they’re going one step at a time towards their goal : cashless CBDC society. watch them shrink the legal cash payment amount more and more from there

if you run your own node, it means that the adversary needs to come and ask you directly to give you the details of who connected to the node. and if you keep Tor in between you and your own node, you’re maintaining anonymity aswell.

if others find your (remote) node its not changing anything, you’re making it available for them to use monero

but still they should run their own monero node to keep decentralizing further

The main point is that bitcoin won’t have any value when your country reduces your right to privacy to nothing with a CBDC, digital ID, and social credit score. Bitcoin will just be another surveillance tool to them. Besides, nobody is not using btc anyway, it’s just used to swap it to monero lol

congrats guys, keep up the good work. people out there feel free to contribute a stressnet node

probably meant “monero is what bitcoin was meant to be”