https://www.europesays.com/2281030/ AT&T is paying customers $177 million after data breaches exposed social security numbers #Bills #Cash #currency #Data #dollar #dollars #money #U.s.Currency

https://www.europesays.com/2274905/ Franklin man accused of stealing hundreds of thousands in cash, millions more in cryptocurrency from ex-girlfriend #Cash #crypto #cryptocurrency #Franklin #local #News #stealing #Stolen #Tennessee #wsmv

@heartshadows @JamesBaker

[…] but cash don't allow you to send million in the other side of the world without being able to follow, and cash is not anonymous, as it relatively easy to track […]

I have bad news for you: Those services do exist and either way one would have to provide plausibility of the source of funds.

There are #Narcosubs filled with millions of #cash to pay for the millions in #coke they offloaded in the #EU.

• Even if one could pay rent, utilities, fees, fines, taxes and expenses with #Monero that wouldn't mean that one didn't have to follow #bookkeeping and other regulations.

Just like if I were to try to buy a condo I'd be asked "How did you finance it?"…

https://www.europesays.com/2260253/ Poll finds New Yorkers split on issues with economy, Social Security, Medicare & more #Cash #Economy #money #SocialSecurity #SocialSecurityCard

Erst kommt die #Bezahlkarte für #Geflüchtete. Dann für #Bürgergeldbedürftige. Dann für alle, die staatliche Leistungen beziehen, z.B. #Rente. Wetten?

https://www.tagesspiegel.de/potsdam/brandenburg/mit-der-bezahlkarte-kam-die-mahnung-gefluchteten-aus-rathenow-fehlt-nun-geld-fur-essen-und-das-deutschlandticket-13968731.html

Geldschein-Verfolgung: Zunehmendes #Bargeld-#Tracking besorgt Datenschützer | heise online https://www.heise.de/news/Geldschein-Verfolgung-Zunehmendes-Bargeld-Tracking-besorgt-Datenschuetzer-10481677.html #Datenschutz #privacy #BargeldVerfolgung #BargeldTracking #Cash #CashTracking #surveillance #Überwachung

@dansup the only correct move is to choose something that isn't garbage like #PayPal...

• So far I doubt anyone in #finance will do that and even wannabe "#competitiors" like #wero fail to be truly global...

The only "good" option (or to be honest, "least worst") I've seen is #Monero, which just works and it works so well the #US Government hates it because it is literally the closest to "#digital #cash" there is...

https://www.youtube.com/watch?v=H33ggs7bh8M
https://www.youtube.com/watch?v=B7sLnmlZ-kU

Bundesbank-Vorstand: Bargeld bleibt | heise online https://www.heise.de/news/Bundesbank-Vorstand-Bargeld-bleibt-10476326.html #Cash #DigitalEuro #DigitalCurrency

@maikel basically, it boils down to the few key features of #Monero:

1. #Anonymity & #Privacy: Unlike with any other #cryptocurrency (aka. #Shitcoins) it's not just pseudonymous in that there is no mandatory linkage between individuals & their wallets, but the entire transaction history and balance is hidden. Unlike say #Bitcoin or #Ethereum one cannot track the coins from the moment of mining to their destination.

2. Speed: Monero's network does mine one block every 2 minutes. After 10 blocks any transfered balance gets unlocked for spending. That means that a transfer is completed at worst within 6 minutes and the balance is being unlocked at worst after 24 minutes. This makes it faster than Instant-#SEPA which only has a 1 hour SLA.

3. #Fungibility: Like #cash all it's coins are equal, since they cannot be tracked. This makes Monero the digital equivalent of cash.

4. #Scalability & #Stability: Monero adaptively self-adjusts block sizes and mining difficulty based upon demand (transactions in it's mempool aka. requested transactions that have to be added to the blockchain) and supply (total blockchain hashrate). Unlike Bitcoin and Ethereum it has a fixed Tail Emission Rate of at least 0,6 #XMR (Monero) per block, so the miners solving it get at least 0,6 XMR (+ transaction fees), which is a longterm stable rate. Bitcoin and Ethereum will necessitate huge transfer fees once their last coins are mined to make sense, which will result in the crash of said cryptocurrencies as they'll be too expensive to trade!

5. Anti-#ASIC and focussed on #CPU|s of general-purpose machines: Whilst it does run on #ProofOfWork, it's specifically designed to run poorly on #GPU|s and not on #ASICs as the latter one are not just manufactured #eWaste but also inherently increase the centralization (with less than a dozen big miners controlling >50% of Bitcoin and Ethereum's hashrate respectably). Thus it's the "least worst" in that regard. #ProofOfStake is not possible due to it's privacy-based setup (#Staking necessitates a public balance) and unlike a #Shitcoin like #FileCoin it doesn't incentivize #hoarding components. (in this case: #HDD|s)

6. Accepted & Convertable: Whilst there is a concerted effort to ban Monero, there are payment processors like #NowPayments that accept Monero. It's low transaction fees and good speed make it useable in settings like Restaurants and Online Stores (sadly not retail, because it would need to be like 60x faster)... And even then it's easy to convert to/from Shitcoins.

That's the #TLDW of Whiteboard Crypto, Mental Outlaw and The Hated One…

And finally:

7. Monero gets continously developed and enhanced, whereas Bitcoin, #Litecoin and Ethereum don't even do proper #upgrades via #HardForks (see #EthereumClassic)...