I'm not sure what you mean about breaking up your transaction. Like I guess I could have what multiple wallets set up and then I can only use about one transaction per hour from each wallet?
In Australia you are not allowed to discuss things but you are required to vote. Legally enforced low information voters.
Its a relative ratio. Calibrate to the situation before trying to pull a stunt like sovcit stuff.
In this case, as in most cases, she didn't have the psychological frame control of the situation. Frame control requires high confidence, etc on the speakers part and less relative confidence, etc in the listener.
It works. But not for the reasons they say. It works because with enough confidence and psychological frame control you can get them to accept your (or any) point of view. Laws don't exist, only people's beliefs exist.
Right, so public zaps can be observed and added up to estimate someone's public balance, and this shows us that there are different concepts that we're trying to think about but they are not being clearly distinguished so people end up talking past each other sometimes. We can distinguish the concepts and think about the design of each concept as a feature. One concept is social zaps, public records of transactions. This implies a public balance of public transactions (Only an implicit feature for the on-chain zaps. currently basically not implemented for lightning ecash zaps). People are not currently concerned about the public balance of lightning zap transactions. Probably mostly because it's just not currently a feature. And maybe they will be more concerned about public balance in the future, whether its added as a feature or not. The other concept is private transactions. This is generally what people are trying to build tools for on-chain. Monero has more privatcy built in. (BTC was the first and simplest implementation of non-custodial VALUE. However that simplest implementation also made the transactions and balances public. But privacy is another important part of money and BTC didn't have a solution for that yet, initially depending on security through obscurity.) The public-private concepts also interact with the concept of privacy of transactions and balances for the sender and for the receiver. Some senders might want to send anonymously, and some receivers might want to receive anonymously.
"High prices are the solution to high prices." (High prices incentivize finding solutions that were unnecessary before.)
Isn't the issue with silent payments that you have to scan the block chain to find your address that was paid? Maybe there could be a new type of silent payments with a nostr DM hint of the paid to address. Something like that.
Ecash app zap seems to be working. For now!
Monero units are closer to USD unit, so people probably end up sending ~1 USD values, where sats are much smaller units and people psychologically anchor to 21 or 100 sats, etc with much smaller USD values.
Thanks! It's annoying to have to split it up like that, and there doesn't seem to be an easy option to split the utxo into multiple addresses autonatically like electrum wallet has, so you would have to do it all manually. And if you haven't done that yet then you are just left stuck sitting around with nothing you can do? It seems you can't prepare unsent transactions in cake wallet. It seems fine for occasionally doing transactions, but cake wallet and monero doesn't really seem ready for everyday casual use like lightning.
We are talking monero, so that shouldn't be an issue since every monero transaction should be like a coinjoin.
Cake wallet swaps are awesome! Combined with nostr payment targets and everyone is slinging xmr around like nothing else before! Also the unit bias in xmr makes the USD value used often higher than sats zaps.
Or separate UTXOs to multiple addresses on the same wallet?
Gold has been used for a long time and it also has always had an inflation rate based on the mining. Also, the dollar is used by the poors as the cleanest shirt in the dirty laundry pile of Fiat. So inflation doesn't preclude SoV use. And people aren't entirely logical in their selection based on the least inflation. It's all a delicate balance of many different factors, all implicitly going into the equation. I guess with BTC we're going to be heading into uncharted SoV deflationary territory. Are there any examples of deflationary stores of value, and how they worked economically? I guess BTC so far is one example.
Cake wallet seems to block further transactions while one is processing until it has a full 10 confirmations. What's up with that? So what wallet has 0 conf?
More like a digital bank transfer. On chain is so slow! In person lightning works great, but even 7 seconds can feel like a lot.
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