• 2 Posts
  • 40 Comments
Joined 1 year ago
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Cake day: July 11th, 2023

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  • Ah thanks for explaining! Yeah the inability to purchase it directly on local exchanges is a bummer, although if localmonero vendors are available in your area, you may be able to pay them using your local bank account too.

    These days you definitely don’t have to download the entire blockchain to use it; you can just connect to someone else’s node. But if you want to restore an old wallet, you unfortunately do have to run through each blockchain transaction after the wallet was created, to see if any of those transactions belong to you. There’s also a mobile app nowadays called Cake Wallet.

    All in all, I agree that it’s not the friendliest crypto to use, unfortunately. Its main selling point is privacy, and criminals are more incentivized than others to protect their privacy, so I’m not sure how it’ll ever shake off that image.














  • I think it would be much worse if artists, writers, scientists, open source developers and so on were forced to stop making their works freely available because they don’t want their creations to be used by others for commercial purposes.

    None of them are forced to stop making their works freely available. If they want to voluntarily stop making their works freely available to prevent commercial interests from using them, that’s on them.

    Besides, that’s not so bad to me. The rest of us who want to share with humanity will keep sharing with humanity. The worst case imo is that artists, writers, scientists, and open source developers cannot take full advantage of the latest advancements in tech to make more and better art, writing, science, and software. We cannot let humanity’s creative potential be held hostage by anyone.

    That could really mean that large parts of humanity would be cut off from knowledge.

    On the contrary, AI is making knowledge more accessible than ever before to large parts of humanity. The only comparible other technologies that have done this in recent times are the internet and search engines. Thank goodness the internet enables piracy that allows anyone to download troves of ebooks for free. I look forward to AI doing the same on an even greater scale.