Does your phone not come with one built-in? I’m on lineage OS and there’s one right in my notification tray as one of the tiles.
Does your phone not come with one built-in? I’m on lineage OS and there’s one right in my notification tray as one of the tiles.
I use the AOSP clock application.
Inherently, I think that positions of power such as governments attract people who wish to abuse power and abuse others. So the smaller that power structure is the less psychopathic the people that can get into power can become. Personally, I think the United States is too large and should be broken up into at least five smaller nations. By doing so, each nation could not afford a huge military, so would have to focus more on local issues instead of dominating the rest of the world like the United States does now. That’s why everybody hates us.
As far as I understand it inflation is an important tool that allows for redistribution of wealth to where it is needed in hard times. For example when a bank fails.
With a cryptocurrency as long as you hold the keys, then you are the bank, and no one will look after your money better than you will. If you end up with no money, it’s no one else’s fault but your own. The primary use for inflation is to fund wars, which I disagree with. And far from redistributing the wealth to where it’s needed. Inflation actually hurts those who are poor the most because those who are poor don’t hold assets such as gold and silver and stocks. They hold cash and their cash gets worth less and less all the time.
Then you can say that banks shouldn’t borrow out more money than they have, but that would reduce growth.
I do firmly believe this. You cannot lend out people’s money and then say that everybody can have their money on demand. If I put $1000 in a bank account and then the bank lends out $900, they still tell me i can withdraw $1000 on demand, but i cant because they don’t have it. Now, if I chose to take $900 of my dollars and loan it to the bank for, say, a year, then the bank would take my $1,000, take $900 of it, leaving me with $100, for, say, a year, and I would be fully aware that I could not withdraw my $1,000 in full until the year was over. A CD works this way. Some people will choose to lend out their money to the bank in order to make a profit, while others who are more conservative will not. And that’s their choice, but that choice should not be made for them.
Which ties in back nicely to Monero, as it uses proof of work which is a senseless waste of resources if you ask me.
You say proof of work is a waste of resources, and you may be right, but factor into your calculation how much the banking sector uses in resources in electricity, fuel to move money around in armored trucks, people coming to work, etc. If we were to move to a fully cryptocurrency world, sure we would have proof of work. Consuming resources, but at the same time, we would completely eliminate the entire banking sector at the same time. I don’t personally know whether the resource use would be less or not, but the fact that the governments would not be controlling the money supply would be one major, major advantage.
One final point, since you own the keys to your cryptocurrency, the government or anybody else cannot take your money at any time. Right now, when you put your money in a bank, instead of being your money, it’s their money with a pinky promise that you can have it whenever you want. But if Uncle Sam comes knocking they will break that promise in a heartbeat. If they want to arrest you, they should arrest you, but they should not be able to compel somebody to kick you out of the financial system. Plus the fact that they can do this for any reason becomes a serious power trip for the government. You are a political malcontent. Stop paying your rent and see what happens. And yes, the United States government absolutely does this. And they’ve done it to lots of famous people such as MLK or the Canadian truckers. Whether you believe these groups are right or wrong, the fact that this is done should scare the crap out of you because they could easily do it to you in future.
We may ultimately end up disagreeing, but I definitely appreciate your reply, because most people would just throw a downvote and move on.
The whole point is its not inflated away at the whims of governments. It has 0.85% inflation and will always trend closer to zero as time goes on.
Monero has a cli wallet
As a blind person, I think it’s mostly due to the fact that Linux is only on 4% of desktop. So not many blind people are using it and therefore demanding better software.
Nope, just install 1.19 and A-Apps that are installed should start working.
I am super glad to see this as I have been using the alphas to achieve this functionality for a while now and it works quite well.
Just tap the versions at the bottom of the page and tap 1.19.
I use porkbun for exactly this reason. I make crypto and want to use it.
Honestly, i am not sure
I use porkbun because i can and do pay with crypto to renew my domain.
Governments have not always been in control of money. Gold and silver are hard assets that have retained value for thousands of years. Only recently have we been subject to governmyth monopoly money that can be inflated to oblivion by a few secret people in a room who are responsible to nobody but themselves.
Eh, i dont think the ship has sailed. The people who stay in crypto during “crypto winters” are generally the real ones who actually want to see a world where governmyth monopoly money fails.
The financial system. If i could i would use monero all the time since its FOSS money. Banking software, visa, slavercard, discover, etc APIs all proprietary.
While not outright obvious, the title is technically correct. It is open source money.