this post was submitted on 15 Oct 2023
14 points (88.9% liked)
Monero
1675 readers
24 users here now
This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.
Wallets
Android (Cake Wallet) / (Monero.com)
iOS (Cake Wallet) / (Monero.com)
Instance tags for discoverability:
Monero, XMR, crypto, cryptocurrency
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
@rattie_ok @ShadowRebel
Insofar as I trust GrapheneOS, there are also alternatives:
* Purism's Librem 5
* No smartphone at all, and all comms and crypto is performed via non-ME corebooted computers using either QubesOS, TailsOS, or PureOS (see Purism, https://puri.sm/products/, and NitroKey, https://shop.nitrokey.com/shop)
But yes, crypto on-ramps are getting squeezed from all directions. I even heard that Binance have blocked UK from becoming new users.
@UncleIroh @rattie_ok @ShadowRebel
You forgot #PinePhone
Intel/AMD x86 or Apple's M-series ~~CPUs~~ SoC are a privacy dead end. No matter how much internal backdoors you deactivate, it can always auto-magically come back and bite you in the ass. RISC-V is definitely the future. Perhaps one day this architecture will become powerful enough to fluently run a Desktop Linux or a smart-phone. Then Monero might stand a chance.
Another example: merchants in Serbia aren't legally allowed to accept crypto directly, they must go through a third-party "money transmitter" licensed by the government. I suppose only transparent coins will be supported, and even then customers will be required to undergo a KYC/AML with the money transmitter. It's a shit show. A merchant simply showing a QR code to their own private wallet would be committing a tax fraud similar to accepting cash OTC and not through a cash register.
@rattie_ok
This is admittedly worrying since the war on privacy is being waged globally on both hardware and software fronts simultaneously.
Both fronts are a battlefield. Hamas slipped through Israeli intelligence in part because they evaded SoC backdoors using Huawei to coordinate.
> in Serbia (they) aren’t legally allowed to accept crypto directly, they must go through a third-party “money transmitter” licensed by the government.
@rattie_ok
RISC-V looks awesome, thanks. I had no idea and I agree, desktop RISC-V could be a great and viable future.
Serbian citizens will no doubt flout what is "legally allowed", as is their natural right via non-KYC/AML exchanges/swaps/local and long may it live.
Let's not forget this too when it comes to Monero, the global black market is worth trillions. The 3-letter agencies have a trillion-dollar vested interest in an untraceable off-the-books currency too. ZCash lost, XMR wins.
wow do you have a source link on the SoC backdoors huawei?
@ShadowRebel
no source.