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Cake day: October 24th, 2023

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  • zergtoshi@lemmy.worldtoLemmy Shitpost@lemmy.worldPlease Stop
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    8 months ago

    There’s attempts at having payments with 0 fees, that is, if you don’t involve exchanges or payment service providers, who obviously charge a fee for fiat conversion.
    Using Nano you have 0 fees for the transaction and ideally as little as 0.25% fee at an exchange for fiat conversion.
    It’s not only without fees, it’s very fast (ideallly sub-second confirmation) and eco-friendly (requiring no special hardware, because there is no mining and using very little energy overall).
    What’s lacking is places where you can actually pay for things with Nano, but that’s the classic chicken and egg problem.


  • zergtoshi@lemmy.worldtoLemmy Shitpost@lemmy.worldPlease Stop
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    8 months ago

    Fixing issues like energy consumption, confirmation time, fees?
    Just in case you haven’t heard of Nano, allow me to tell you it’s an attempt at creating a peer-to-peer digital currency with minimal energy consumption, 0 fees, 0 minimum account balance, very fast confirmation (ideally sub-second, sometimes a bit slower) and 0 supply inflation.
    It focuses on doing one thing and doing it well: transferring value efficiently, sustsinably and without middlemen.
    It’s around since 2015 and still kicking, getting better and better with each release, ironing kinks out.
    It might sound too good to be true, but it’s worth a look; make up your own mind.














  • Please show me in which of Orwell’s writings he suggested that economies should be based off allowing financial criminals to commi their crimes against citizens, unimpeded.

    I don’t need to and I won’t, because I never said so.
    Please don’t put words in my mouth.

    The thesis of 1984 is that when totalitarianism takes hold, we will turn on those we love to protect ourselves.

    I was thinking of 1984, too; obviously.
    I see it in a more abstract way though.
    The consequences of mass surveillance, which are the basis of repressive regimentation of people are what makes lack of privacy dangerous and in my book not desirable - even if it has certain drawbacks, because abandoning privacy just has way more and more severe drawbacks.

    This is primarily the issue with libertarians. You guys are constantly applying a book you haven’t read to every situation you don’t like. It’s weird and I think people see through it.

    This is primarily the issue with people who think they know others because they’ve read one comment.
    It’s weird and I think people see through it.

    edit: typos