Investigators traced the remittances an immigrant was sending from Hawaii to Mexico to figure out his location.
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Privacy has become a very important issue in modern society, with companies and governments constantly abusing their power, more and more people are waking up to the importance of digital privacy.
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You haven’t demonstrated that it’s a scam. A scam is something that doesn’t do what it says it does. You haven’t proven that. You’ve made assertions, you’ve made claims, you’ve been very emphatic, but you have not provided a demonstrated evidence
I think you’ve gotten lost in the weeds. I didn’t come here to drop my 0-day on Monero.
I don’t know or care what legally-actionable claims are written on the side of the tin cans of authentic Monero purchased directly from the Monero factory. It matters what hucksters, con-artists, and true believers who are selling it claim. And considering the level of bullshit that fills the cryptocurrency world, demanding some rando meet your standards of proof in exchange for internet points comes off a little unhinged.
The most recent true believer claim is that the solution to Hispanic immigrant day laborers having their wire transfers being surveilled by the government is that they start using Monero. The reason that’s an absurd statement is obvious to almost anyone who has experience with immigrant communities, cryptocurrency, and/or reality.
One of the true claims you can make about Monero is that it is not traceable by people on a day laborer’s income. These are the targets of scams facilitated by Monero and other cryptocurrencies. If you’re a wealthy person who preys on desperate people, I guess Monero does what it says on the tin. But if you’re trying to reliably send your wages to family in a place without reliable internet and secured computer endpoints and your English and computer literacy isn’t great, Monero is one of many ways you can lose your shirt.
Ok, so your screed against Monero is from the paper of “Trust me bro - A occasionally updated substack blog fueled by stale coffee and depression”
At least you admit implicitly that there is no known deanonymization attack on Monero.
There is very little overlap between respected cryptography researchers and bitcoin developers. The chain between theory to implementation to practice is difficult enough for state actors to handle reliably. The history of Enigma, Type B, JN-25, soviet one-time pads, and modern schemes like DES, 2-DES, FEAL, KASUMI, and BassOMatic, suggest not only that encryption isn’t a guarantee, but conspiracies to keep a scheme popular long after it has been broken are common and widely successful.
I don’t know a deanonymization attack on Monero. If that’s all it took to make you feel Monero is secure, you’re in for trouble. Encrypted or not, every transaction is immutably stored in the blockchain and replicated in millions of times to any bad actor who wants a copy. Even if there was no currently known deanonymization attack, that would not mean that a deanonymization attack is impossible for everyone and for all time.
Hey, you already took a bite at this apple! now you want to do it again? Why not just update your other post.
Ok, and what does that have to do with Monero? Monero IS NOT BITCOIN
Thank you for EXPLICTLY stating that. That is the only reason why half the people in this thread are responding you to. We don’t care if you like Monero, we just care if you knew about an attack that we didn’t know about.
Hey! We finally agree on something. This goes into your threat model and use. Most people wont care if their remittances can be cracked 5-10 years into the future. If someone had a very sensitive threat model, they would have to be far more careful.
I also appreciate your implicit admission that using Monero in place of wire transfers by immigrants is so stupid as to be not worth defending.
Oh, I’m sorry if I was confusing in my writing, I’ll be clear:
Monero is the optimal choice for wire transfers because it maximizes privacy, prevents third parties from committing human rights violations, stops rent seeking, and gives financial autonomy to the downtrodden. It is the refuge of last resort in conflicts, humanitarian crisis, and the debanked.
Access to the money you earned is a human right.
https://en.wiktionary.org/wiki/implicit
Just to clear that up for you.
I was curious what claims about Monero you thought specifically were defensible. Thanks for the clarification.
How does Monero (1) maximize privacy between people who can’t spend crypto directly and need to convert it to and from their national currency? How do you think this scheme would work in a privacy preserving way? We’re talking about a non-tech savvy undocumented worker in the US playing the role of Alice, and Bob is his subsistence farmer wife in rural Mexico.
Please make a ask post in !monero@monero.town for the details
You have demonstrated yourself to not be a good faith conversationalist, and I don’t have the energy to engage with you at scale. However, I have faith the good people of lemmy will pitch in, especially the XMR community.
The only reason we are here is you have asserted Monero is a scam, we have since agreed that Monero does not have a known leak, so I’m no longer concerned about the “scam” aspect as far as leaks go and have no further interest in this discussion with you.
According to your definition, casinos and online gambling isn’t a scam, because what they do is well-defined. If I use ‘scam’ to mean a reliable way for the downtrodden to become even more downtrodden, or ‘bitcoin’ as a shorthand for cryptocurrency, telling me I’m wrong because you have a different definition of those words is not an impressive rhetorical feat. And you claim I’m the bad faith actor in this conversation.
And as soon as you were challenged about statements you made on-topic, you disappear. I welcome your retreat. I would choose not to have more conversations with people like you.
Holy shit, your replies made me lose brain cells.
OP’s IQ in the negative