this post was submitted on 26 Mar 2025
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[–] CanadaPlus@lemmy.sdf.org 2 points 1 week ago (1 children)

I don't know if I've ever heard the quote IRL, but I've known libertarians and they've seemed fine. If all you disagree about is the particulars of economic theory it's not really worth getting worked up about.

I imagine this person being young and male, and possibly liking cryptocurrencies.

[–] explodicle@sh.itjust.works 2 points 1 week ago (1 children)

I have. Most people who say this IRL are very Libertarian and very not libertarian. If they like cryptocurrency, it's something new so they can feel smart.

[–] CanadaPlus@lemmy.sdf.org 1 points 1 week ago (1 children)

Public service announcement that crypto isn't intrinsically dumb, but that the most popular cryptos are, and most of the fans definitely are.

[–] explodicle@sh.itjust.works 1 points 1 week ago (1 children)

The most popular crypto is one of the few that's p2p and well-tested.

[–] CanadaPlus@lemmy.sdf.org 1 points 1 week ago* (last edited 1 week ago) (1 children)

Bitcoin? It's a first prototype that unnecessarily guzzles computing power, and has no privacy features whatsoever. We don't drive the Model T anymore.

They're all p2p, I don't know what you're talking about there.

[–] explodicle@sh.itjust.works 1 points 1 week ago (1 children)

Yes.

That computing power is necessary to secure the network, without introducing security holes or economic rent. And the rate of production gets cut in half every 4 years. The alternatives you've been told about are inferior.

The Lightning Network has onion routing like Tor, and drug dealers have been using mixers for literally a decade. If there's an inflation bug in Monero (like the value overflow incident), then that will be invisible too.

We still use steam power quite a bit, and aren't replacing it simply because it's old. Most new cryptocurrencies are like a Tesla, solving problems they didn't care to understand.

If you think every cryptocurrency is peer-to-peer, then I am literally begging you to slow down and look at how they actually work before investing more. They frequently have centralized issuance, security, development, governance... you name it. It only takes one centralized part to bring down a project.

[–] CanadaPlus@lemmy.sdf.org 1 points 1 week ago* (last edited 1 week ago) (1 children)

I haven't been "told about" shit. I actually have a math background and know cryptography, and I've read more than a few whitepapers.

Monero does it better with actual privacy. Ripple does it with the least overhead of all. Eth changes so much I'm not even sure what all they have going on.

Mixers give a very false sense of security, relative to actual cryptography. People seem to think if you mix enough it's the same, but actually there's like a million holes in that, not to mention the trust in whoever's doing the mixing.

They frequently have centralized issuance, security, development, governance… you name it. It only takes one centralized part to bring down a project.

So? Anything worthy of the title is open source, so if someone goes evil it just forks. Monero itself started as a fork of something else IIRC. The actual algorithm isn't centralised in any of the big cases I can think of, not counting vapourware scams.

[–] explodicle@sh.itjust.works 1 points 1 week ago (3 children)

I believe that you're extremely qualified in math and cryptography. But thinking that cryptocurrencies are all p2p, and that Bitcoin dominates the market because they don't know this one simple thing, are both telltale signs of a novice. They're mostly centralized scams, and the concerns you're bringing up have been discussed to death.

Monero is a great example.

You're correct that it was originally forked off of Bytecoin, which had a premine. So Bytecoin was not peer-to-peer, because one user (the issuer) had a different set of rules than everyone else. If you had invested in centralized Bytecoin, you would have lost money because it was not p2p. They had to start over!

The problem with relying on "actual cryptography" for privacy is auditability, like I mentioned above. When there was a bug in Bitcoin that allowed someone to give himself a bazillion BTC, we were able to catch and revert it immediately. If there is a bug like that in Monero, we won't know until after it's circulated as much as the premined Bytecoins did.

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[–] MITM0@lemmy.world 2 points 1 week ago

Sounds a lot like economically right, but politically liberal

[–] kandoh@reddthat.com 2 points 1 week ago

Understands the importance of kidness and empathy but doesn't understand economics

[–] the_riviera_kid@lemmy.world 2 points 1 week ago

Just like every other liberal they are a nazi sympathizer.

[–] FeelzGoodMan420@eviltoast.org 2 points 1 week ago* (last edited 1 week ago)

It makes sense to me. There's no middle ground anymore and nowhere for these people to go. It sucks. Many people want fiscal conservatism but also support common sense social issues. I don't see what's so weird about this. The people accusing these people of being republicans or bad people are fucking idiots and shows the average understanding of politics/policy on Lemmy.

Edit: To clarify, I'm not saying that this describes me. Just that i totally understand it.

[–] ThatGuy46475@lemmy.world 2 points 1 week ago

Libertarian

[–] RBWells@lemmy.world 2 points 1 week ago

I am socially liberal and with my personal budget, fiscally conservative. Government money? Different priorities, plenty of stuff would be cheaper when we pool our money like that, so I'm not sure what fiscally conservative means. My gut reaction is that this person isn't socially liberal because regressive government fiscal policies harm the population, you can't really split it out like that. I guess it's someone who doesn't care who you marry or how you dress but also doesn't care if the schools are any good or if there is any enforcement of the rights to do the socially liberal things.

[–] WuceBrillis@lemm.ee 2 points 1 week ago

It means "i'm not a racist, but i still prefer billionaires getting all the money"

[–] whotookkarl@lemmy.world 2 points 1 week ago

Extreme centrist

[–] aleq@lemmy.world 2 points 1 week ago

“US politics new speak, can't relate.”

[–] lack@lemmy.world 2 points 1 week ago* (last edited 1 week ago)

"I'm simple and don't bother to look deeper into anything"

[–] MoreFPSmorebetter@lemmy.zip 2 points 1 week ago (5 children)

They believe in the social policies of the Democrats and the financial policies of conservatives?

I mean I would ask follow up questions but at face value that would be what they meant no?

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[–] HubertManne@piefed.social 2 points 1 week ago

yeah. whatever.

[–] Flax_vert@feddit.uk 1 points 1 week ago

opposite of me I guess

[–] JayGray91@lemmy.zip 1 points 1 week ago

Me as an ESL being utterly confused by people's replies when apparently I understand "conservative" as per Merriam Webster dictionary definition 2.a "marked by moderation or caution"

😵‍💫😵

[–] drascus@sh.itjust.works 1 points 1 week ago

I think "I want to keep my money and let you get gay married"

[–] singletona@lemmy.world 1 points 1 week ago

'You're lying to either me, yourself, or both. You're a full on conservative and don't want to admit it.''

You have no party if you are American as our conservative movement abandoned any form of fiscal responsibility 30-40 years ago. When was the last time a tax cut was paired with a reduction in spending? Oh yeah that last happened in 1983

[–] Jarix@lemmy.world 1 points 1 week ago

I won't waste my life savings on hookers and blow but you should absolutely have the freedom to do so without judgment

[–] neons@lemmy.dbzer0.com 1 points 1 week ago

As someone who calls himself that:

"I am a liberal but the liberal want to go after the upper middle class instead of after the top 0.1%"

P.S: I'm from Switzerland, so don't tell me about Trump. I knoe he's a fascist and I would have voted against him. But here in Switzerland we have more moderate choices.

[–] jmankman@lemmy.myserv.one 1 points 1 week ago

I think in terms of American politics this means you are buying the shit that both sides are peddling to distract you from what the actual problems are and what is actually causing them

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