• Fisch@lemmy.ml
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    9 months ago

    Monero actually has very good uses. It does use POW but their algorithm is made to encourage using CPUs instead of GPUs and slower, power efficient devices, which makes it a lot less energy intensive than other POW cryptocurrencies.

    • Randomgal@lemmy.ca
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      9 months ago

      It’s only use is illegal commerce. It’s the only one thar actually has a purpose, and it’s to help criminals.

      • sloppy_diffuser@sh.itjust.works
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        9 months ago

        Privacy is a crime? I pay for several online services with XMR (or BTC swapped from XMR): Jmp.chat (mobile service), EteSync (E2EE contact sync), Proton Mail, Mullvad VPN, Usenet (might have an argument there).

        Why can’t I access Google’s individual transactions but they should have access to mine?

        • reassure6869@lemm.ee
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          9 months ago

          Why can’t I access Google’s individual transactions but they should have access to mine?

          why are you giving google access to your transactions to begin with? all my credit card transactions are between me and visa and my credit union and the federal government, but not google.

          • sloppy_diffuser@sh.itjust.works
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            9 months ago

            I’m not, it was just an example data broker. You are 100% sure that data is not getting sold?

            I picked Google because back in my days of ignorance, their rewards app would ask if I made X purchase at Y store down to the penny. I wasn’t using GPay/GWallet, just my a debit or credit card. The Y I get with location services. Them having the transaction amount leads me to assume credit card companies/payment processors/etc are sharing this data in near real time. Probably anonymously but with enough data points to trace it back to an individual with a degree of confidence.

            So I use XMR when I can. Locations services are also off.

            • reassure6869@lemm.ee
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              9 months ago

              You are 100% sure that data is not getting sold?

              lol no, im 100% sure its being sold in some way, no matter how many things I opt out of. while i do have a lot of privacy focused things in my life, from email to chat to phone, i just can’t find myself caring that much about someone tracking my gasoline consumption or knowing that I go to the same bar every week for game night.

              the obvious downside to something like XMR is that its a ticking time bomb from a privacy perspective. at some point the security will fail as all security does, and then the data is totally public.