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duso
why XBT?
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xmrmatterbridge
<rbrunner7> Official ISO style currency symbol for Bitcoin; BTC is non-standard regarding this:
en.wikipedia.org/wiki/ISO_4217#Cryptocurrencies
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mfoolb_
[
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mfoolb_
[
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needbrrrrrrr90
]
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needbrrrrrrr90
]
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s9p
needbrrrrrrr90: thanks
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needbrrrrrrr90
Unclosed brackets bother me 👀
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SerHack
)
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Fort1
Hi, cannot download 0.15.0.5 for Linux 32bit from
getmonero.org/downloads. Any idea?
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moneromooo
Do you really need the 32 bit version ?
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Fort1
Yes, because I am on Debian 32bit
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moneromooo
I can download it. Do you get an error ? If so, what ?
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Fort1
It gets x64 version
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selsta
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moneromooo
Oh. You get directed to the "linux32" url, but that's a 64 bit binary ?
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selsta
works for me
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Fort1
moneromoo, yes, sometimes I get error "file cannot be read, contact administrator"
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Fort1
selsta, I'll try, thanks
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Fort1
selsta, downloaded, it seems to be ok, big thanks!
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selsta
Fort1: maybe you can try a different browser
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selsta
and see if it solves your issue but I guess you downloaded it now anyway
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Fort1
selsta, your url worked. I use Firefox,
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cannon-c[m]
Been experimenting with Monero, very neat! I love the CLI client
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cannon-c[m]
CLI > GUI
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cannon-c[m]
now I just need to figure out how to get QR code scanning to work direclty with cli client using a script with zbarcam.
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cannon-c[m]
Or does command line client already work with QR code scanning that I am not aware of?
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ludicrous_speed[
I dont think CLI has any QR functionality.
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xmrmatterbridge
<rbrunner7> Nothing graphical in the CLI wallet indeed. Except moneromooo's ASCII art cow on the lock "screen" :)
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hyc
"Please type in the QR code you wish to scan. Use 'O' for large squares and '.' for small squares"
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cannon-c[m]
I think zbarcam could work with cli without any gui
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cannon-c[m]
for scanning qr code, it would convert it to a string of text
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cannon-c[m]
for output of qr code, ascii art QR code out put is posslbe
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yanmaani
but why? if you can digitize the QR code to ascii art then you might as well parse it
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yanmaani
and if you can parse it, you might as well just send it to monero
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yanmaani
...unless you're suggesting bundling zbarcam in monero-cli?
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cannon-c[m]
what if I want to pay a monero invoice from a point of sale system, or scann a qr code on a flyer or something, but I am using cli client?
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cannon-c[m]
does nto have to be zbarcam, just anything with the functionality
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cannon-c[m]
that can let monero-cli keep the deterministic build
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selsta
there are QR code scanners that work like a keyboard
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yanmaani
Then it'd make more sense to have a separate executable
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cannon-c[m]
and no way im manually typing in an address 100000 chracters long or whatever it is,
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yanmaani
call it say camerascan, that feeds in addresses and does whatever
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yanmaani
that said, what PoS system is it you have where money is flowing from the point of sale to the customer?
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cannon-c[m]
even if not built in, could have a script that feeds from zbarcam and any detected monero addresses parses it and opens it in monero wallet
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yanmaani
so I mean just run zbarcam and take the five seconds to copy+paste I'd say
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cannon-c[m]
yes yanmaani what I'm doing
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nunbit[m]
hey guys. What do you think is best in current situation. Keep money on bank account, withdraw all, or buy crypto and rely on BATM to withdraw when needed. Or whats your strategy?
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yanmaani
nunbit[m]: see #bitcoin-pricetalk or equivalent
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cannon-c[m]
not your paper, not your money
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cannon-c[m]
not your keys, not your coin
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cannon-c[m]
Your money in a bank is just digits, that is not actually there, due to fractional reserve banking. Be your own bank, run a node, control your own keys
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cannon-c[m]
Why bother with a crypto conversion when can just buy stuff with it directly?
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cannon-c[m]
I know its not mainstream yet, but can just keep what you need to pay bills and grocceries in brrrrr money
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cannon-c[m]
think before actually taking advice from me though
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yanmaani
as opposed to cryptocurrency, which is famous for being a stable store of value without correlation to the broader economy?
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cannon-c[m]
crypto, gold and silver is good money
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yanmaani
also, since when is silver uncorrelated?
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cannon-c[m]
yes crypto is volatile thats for sure
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cannon-c[m]
so is the dollar. Upwards volatility vs. downward stability. Choose one
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yanmaani
vol would be fine, but it has to be uncorrelated to be worth a damn
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yanmaani
the U.S. dollar is, by definition, negatively correlated to the stock market
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yanmaani
XBT/XMR is, empirically, positively correlated
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cannon-c[m]
until crypto is mainstream, you can use bridge services.
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cannon-c[m]
like debit cards that can be topped off with crypto for example
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cannon-c[m]
then do your part to help business take crypto
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cannon-c[m]
the revolution is not centralized, we all have to do our own part
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yanmaani
yeah but there is no revolution, there are no new monetary ideas here
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yanmaani
technological, sure
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yanmaani
but commodity money, in a Mickey Mouse commodity, is just useless
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yanmaani
the alleged 'value' is just gamblers' speculation
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cannon-c[m]
I consider it a revolution, from the broken central banking system
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cannon-c[m]
and gov fiat.
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cannon-c[m]
gold failed to be digital, e-gold was shutdown because it was centralized
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yanmaani
by 'broken', you mean 'working just fine'?
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cannon-c[m]
people in a broken system do not know any better
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cannon-c[m]
it is broken, Federal Reserve prints money out of thin air to loan out to government endless spending. Government offshifts that debt to others in the form of taxes and devaluation
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cannon-c[m]
us dollar is a complete scam
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cannon-c[m]
then gov forces people to accept paper monopoly money because "legal tender
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cannon-c[m]
"
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cannon-c[m]
central bankers and government officials are clowns
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yanmaani
to have the dollar be a good investment was never an intended goal by anyone
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yanmaani
precisely the opposite was, in fact
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yanmaani
If that was desired, then printing banknote-sized T-bills would be trivial for instance
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cannon-c[m]
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nunbit[m]
Currently I withdrew all money from bank account.Makes me feel good robbing bank. as those money werent mine when there. But we still have to pay groceries. And no one accepts crypto now. I have a bad feeling banks will shutdown and lock peoples money same as governments locked us for fake virus. But I know I wouldnt be safe from mass devaluation. But now I am at least ready to put it in BATM and buy crypto. I thought about
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nunbit[m]
gold but it would be useles if appocalypse zomes. Imaging changing 100g LOL
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nunbit[m]
* Currently I withdrew all money from bank account.Makes me feel good robbing bank. as those money werent mine when there. But we still have to pay groceries. And no one accepts crypto now. I have a bad feeling banks will shutdown and lock peoples money same as governments locked us for fake virus. But I know I wouldnt be safe from mass devaluation. But now I am at least ready to put it in BATM and buy crypto. I thought
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nunbit[m]
about gold but it would be useles if appocalypse comes. Imagine changing 100g LOL
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cannon-c[m]
yes good to have some cash on hand
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yanmaani
I mean those are reasonable fears. You don't have too many options here.
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yanmaani
The counterparty risk with the banks is probably not too great
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cannon-c[m]
just make sure you have lots of "lead" to protect that cash, and fireproof safe
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yanmaani
Either the dollar gives out, and then you won't have any money anyway
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yanmaani
or it does not, and then the FDIC insurance kicks in
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yanmaani
so it doesn't intuitively seem like cash withdrawals are a good idea, unless you're above the limit
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yanmaani
in which case, you'd be utterly insane to withdraw millions in cash
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cannon-c[m]
and dont keep all wealth in one locaiton, in case of tornado or something
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nunbit[m]
<yanmaani "I mean those are reasonable fear"> exactly I think this is best one. Because if banks close their online sysem which can happen anytime you are done. having nothing.
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nunbit[m]
<cannon-c[m] "just make sure you have lots of "> I dont have a lot LOL
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yanmaani
well no, you are not done, you still have a claim on the bank
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yanmaani
if the bank goes out of business, then the FDIC insures it, and the FDIC is backstopped by the Fed
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cannon-c[m]
the beauty of crypto vs. physical money..... with crypto you can carry millions in your pocket that is encrypted (confiscation/theft proof) and have multiple backups of it
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yanmaani
so the risk of a Cyprus-style scenario is I would say very low.
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cannon-c[m]
I thought FDIC only insures up to a certain ammount? Or is it full coverage?
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yanmaani
nope, capped
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yanmaani
although you can get around it, sort of
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yanmaani
by having accounts in multiple banks
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yanmaani
and in e.g. name of your spouse
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yanmaani
and lawyer
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yanmaani
There's ~5k FDIC insured banks according to
research2.fdic.gov/bankfind
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yanmaani
say you can eke out 2 accounts per bank, that's naively 0.25*2*5000 = $2500m
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yanmaani
if you have $2.5 billion in bank deposits I seriously question your judgement
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nunbit[m]
<yanmaani "if the bank goes out of business"> you are forgetting something. COVID19. governemnts can change the law any day and rightfully lockdown peoples money for "state of emergency" . This is no joke now. They change laws in my country Europe daily.
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nunbit[m]
they managed to pulll of worldwide lockdown first time in history of mankind. For a flu. Not going into that but. risks that are now hevent been before.
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cannon-c[m]
covid19 is not a flu, its more like SARS. Targets the lungs
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cannon-c[m]
its scary stuff
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nunbit[m]
<yanmaani "if you have $2.5 billion in bank"> I dont even have one million. LOL
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cannon-c[m]
if it was a hoax, hospitals would not be over-ran in places. However I do see that some govs are using emergency as excuse to grab more power
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nunbit[m]
<cannon-c[m] "covid19 is not a flu, its more l"> said not going into that here.
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cannon-c[m]
ok sorry
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kristian_on_linu
cheers
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kristian_on_linu
I now nothing about crypto, but it just dawned on my that my raspberry pi, which is running 24/7, might be able to mine some
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cannon-c[m]
is randomX profitable on rpi?
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moneromooo
I think it's not. Some other ARMs are though.
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cannon-c[m]
rock64pro?
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yanmaani
moneromooo: which ones?
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yanmaani
what's the break-even point?
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hyc
rpi sucks. all versions.
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hyc
rock64pro has a good chance