this post was submitted on 23 Mar 2024
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Monero
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This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.
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The metadata of conversations is just as important as the metadata of money. The CIA director said "we kill people off metadata"
Also this conversation was about censorship, not just pure privacy. Matrix is federated, just like SimpleX. Meaning it uses government domains. So one could not trade Monero on either of these platforms against the will of sanctions with any meaningful size.
Can you do a small amount and different burners? Sure. But then how's the customer gonna verify its you and find you? PGP signatures over Matrix DMS? c'mon man, we're talking about freedom here.
Yes, if you are using the same account to talk to your grandma as to buy and sell 10K XMR then you may have a problem, but you would most likely be OK anyway.
I would like to see Matrix over Tor or I2P this would solve any DMS issues.
I'm asking you to consider this technology beyond just evasion. It's a distribution system for content.
Matrix is tied to one server. Federation is physical locations. Yeah you can hide those locations with Tor or I2P, but ultimately if that location is found its game over. With a blockchain based and node based system, its full blown crypto anarchy. You can establish a reputation that can't be taken away.
The same way we value XMR for it's self-custody of money, as opposed to btc lightning that ties it to a liquidity server. That same logic, is now why self-custody of communication is greater than "federated liquidity hiding"
I see what you are saying. Once we have the usability and feature set of matrix with a blockchain based decentralized solution I am 100% in. 👍
Awesome discussion! I see better solutions on the horizon with back and forth like this here. A willingness to adopt better tech as it is developed will be critical. Monero doesn't stagnate in its development and neither should our communication and distribution platforms.