What People Think Privacy/Security Is
What People Think Privacy/Security Is
OC by @Charger8232@lemmy.ml
I know there are plenty of software missing from here. This is just a fun infographic I made, no need to take it seriously :)
23 comments
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where qubes
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Somebody please tell me what's up with Monero. I thought it was some kinda cryptocurrency? In what way does it avoid or mitigate any of the overwhelming number of problems those inherently have?
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I'm not a crypto expert, but from what I know it's one of the few currencies that have no kyc (know your customer) in order to use. The whole point of it is to have completely anonymous transactions and untracable/unmarked currecy. I used it once to buy a month of Mullvad vpn just to see how it works. I bought a giftcard with cash, traded the gift card for monero on a somewhat sketchy site, put the monero into an XMR wallet, and used the Monero to buy the vpn with wallet keys. It was a fun experiment but it was just too much time and effort to do it the right way to warrant using it 24/7
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It's essentially the only cryptocurrency that has privacy, so is good for paying for VPNs and such.
Others like Bitcoin are not private and your transactions are visible.
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Here's a laundry list, since you didn't specify which concerns you have:
- unprofitable to mine in farms, so fewer environmental issues
- creates a ton of fake transactions to screw with the public ledger to protect your privacy
- variable sized blocks, which keeps fees low and reduces transaction time
- pretty stable, so pump isn't really a thing
- not as popular as bitcoin or Ethereum, so traditional scams to steal your coins aren't as successful (also attracts more sophisticated users)
- less of a target for speculation, so the currency is reasonably stable
There are some downsides of course:
- due to privacy features, it's attractive to criminals, so many countries block direct transactions with fiat (need to trade some other crypto for it)
- to maximize privacy, it's strongly recommended to use your own node (boy required though), which can raise the barrier to entry
- it's even harder to find vendors that accept it vs other cryptocurrencies
Monero does seem to be the best cash replacement though, since it preserves most of the privacy-relevant features of cash.
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This is actually really helpful, thanks!!
My general impression for a while has been that there is a genuine need for what crypto claims (but fails) to do. It sounds like Monero is, while very imperfect, sort of like the closest thing we have?
I keep seeing a lot of orgs support it that I would've expected better from, on the crypto front, so I guess this explains why.
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Yes it is a cryptocurrency just like bitcoin and eth but it is privacy focused. For example, on the bitcoin blockchain, your transactions and who sent btc to who and how much did you send is open to the public. With monero, there is still a blockchain but nothing is open to the public. They don't know who sent monero to who or how much you sent. All they know is a transaction was made and thats it. If i made any mistakes hopefully someone will correct me but I hope this gave you the basic understanding of how it works.
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TFW your privacy setup is so good Anubis blocks you :(
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Monero is more about polluting and money laundering than privacy.
There is some privacy in it, but it's overshadowed by the other things.
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Not disagreeing with you, but it's a double edged sword inherent to any privacy-focused system. Tor grants journalists and political dissidents access to the broader world anonymously, but is also used by darknet markets to sell CP and illicit drugs.
Privacy coins like monero allow people to spend money anonymously to purchase VPNs or prepaid phones without state actors knowing, but also enables money launderers to do what they do.
And of course there's the pollution problem you mention with any proof of work cryptocurrency, but at least Monero's is more efficient that Bitcoin.
Again not defending cryptocurrencies or discounting your thoughts just wanted to tack on to it.
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It's an actual currency. A cryptocurrency. A private cryptocurrency.
USD stopped being a currency a longer time ago than your birth. One person tried to fix that and was infamously shot in the head for doing that.
It's literally negative value. Everyone has been tricked into thinking it has real value. The longer they accept this and don't want something that is actually real, the less their...whatever...continues to be real. You can really play Ledger and trick the Talisman of Fraud to doing and being actual value in a given scenario but that don't chain through the item itself which sheds it off the moment it leaves your hand.
The privacy bothering you invites the thorough explination by George Orwell and many others. Like a Real Magick ritual. You will lose all privacy and unable to regain it. Your soul, should you have any left, will be a slave for the angels you slaughtered way back in the day.
You thought death ended anything you thought life was. Figure it out before they abuse your very unendable existence, unendably.
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Pretty spot on. Love the hipaa reference
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I'm still skeptical about passkeys. Tying your auth to a specific physical device feels like a recipe for being locked out (as has happened to many people at work already...requiring me to remove their passkey so they can get back in to their account...)
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This is why you should always have a backup method of logging in. For hardware security keys they always recommend having a second key as backup.
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Passkeys are a shortcut, not the main authentication, and you're supposed to back them up.
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23 comments