Criminals and the porn industry are almost invariably early adopters of new technologies. For better or worse their use-cases are proof-of-concepts that get expanded and built on, if successful, by more legitimate industries.
I'd argue mining malware is a net benefit to society. I'd much rather have my vulnerable server exploited by mining malware than left alone. If it gets exploited by mining malware, it gives me an extra chance to catch it before something actually bad happens, at almost zero cost to myself and a small reward for the person who found the vuln.
That virtually all ends up in the spam folder. Neither half the revenue generated nor half of the utility people extract from it is criminal. I don't know a single person who has used Monero to conduct non-criminal business.
That's the point, its private by design and unless they tell you, nobody will ever know how much they use and for what. The true hacker spirit.
If you bother to look past news headlines you will find a vibrant community of people paying for legal goods that value privacy before FUD and ignorance.
This kind of fearmongering is already leading us towards a cashless society because "only criminals use it". This is hackernews and not facebook or congress so it should be obvious to everybody here what the end result of criminalizing/demonizing non KYC payments will be (hint: look at china).
if you can't follow a basic discussion maybe don't have them. there are no factual statistics about monero crime unlike email because its private by design unlike email. i provided factual evidence about email being primarily used for crime, meanwhile you have "your feeling" about monero but still refuse to apply the same lens towards something you like once facts are against it. your ignorance and different treatment of the two based on emotions is apparent but has no place in a factual discussion.
Well, because crypto has been a crime for it's entire lifetime. Any of my friends who got funding to work on crypto got debanked, fined, jail time etc. Throughout the entire Obama-Biden era. Only under the latest Trump admin are there new VC funding and things like ETF's, stablecoin settlements, and crossborder regulation being "Accepted" even though we have no legal framework.
So... Crypto is illegal so anyone using is defacto a criminal by definition.
Also, for this particular instance this is the best bug bounty program i've ever seen. Running a monero node that hits your daily budget cap is not that bad... It could be way worse like steal you DB creditials and sell it to the highest party... So, crypto actually made this better.
Criminals and the porn industry are almost invariably early adopters of new technologies. For better or worse their use-cases are proof-of-concepts that get expanded and built on, if successful, by more legitimate industries.
Re: the Internet.
Re: Peer-to-peer.
Re: Video streaming.
Re: AI.
What is the average length of time for new tech to escape porn and crime and integrate into real applications? Longer than 15 years?
Some kind of function of how quickly regulation comes to the technology.
How were criminals the early adopters of Internet, Video streaming and AI?
They weren't but it makes certain people feel better to say it.
Single examples:
Internet: The Cuckoo's Egg (nation state, more so than criminals maybe, but it's a blurry distinction)
AI: Elon Musk youtube (often cryptocurrency scam) ads
Video streaming was more obviously exclusively a porn thing
I'd argue mining malware is a net benefit to society. I'd much rather have my vulnerable server exploited by mining malware than left alone. If it gets exploited by mining malware, it gives me an extra chance to catch it before something actually bad happens, at almost zero cost to myself and a small reward for the person who found the vuln.
Sure does seem like the primary outcome of email being released onto the world has been criminals making money.
Absolutely not.
nearly half of all emails are spam
https://www.statista.com/statistics/420400/spam-email-traffi...
That virtually all ends up in the spam folder. Neither half the revenue generated nor half of the utility people extract from it is criminal. I don't know a single person who has used Monero to conduct non-criminal business.
>I don't know a single person who has used Monero
That's the point, its private by design and unless they tell you, nobody will ever know how much they use and for what. The true hacker spirit.
If you bother to look past news headlines you will find a vibrant community of people paying for legal goods that value privacy before FUD and ignorance.
https://monerica.com/sitemap
This kind of fearmongering is already leading us towards a cashless society because "only criminals use it". This is hackernews and not facebook or congress so it should be obvious to everybody here what the end result of criminalizing/demonizing non KYC payments will be (hint: look at china).
> unless they tell you, nobody will ever know how much they use and for what.
As opposed to email?
do i really need to explain on hackernews that email is not E2EE? yes which shows your comment has no actual data behind it hence FUD.
You really need to explain why whether or not email is E2EE is related to people needing to tell me they use email or not.
if you can't follow a basic discussion maybe don't have them. there are no factual statistics about monero crime unlike email because its private by design unlike email. i provided factual evidence about email being primarily used for crime, meanwhile you have "your feeling" about monero but still refuse to apply the same lens towards something you like once facts are against it. your ignorance and different treatment of the two based on emotions is apparent but has no place in a factual discussion.
You are still trying to argue that email's primary use is crime?
And fast malware detection.
Well, because crypto has been a crime for it's entire lifetime. Any of my friends who got funding to work on crypto got debanked, fined, jail time etc. Throughout the entire Obama-Biden era. Only under the latest Trump admin are there new VC funding and things like ETF's, stablecoin settlements, and crossborder regulation being "Accepted" even though we have no legal framework.
So... Crypto is illegal so anyone using is defacto a criminal by definition.
Also, for this particular instance this is the best bug bounty program i've ever seen. Running a monero node that hits your daily budget cap is not that bad... It could be way worse like steal you DB creditials and sell it to the highest party... So, crypto actually made this better.
Is that really a surprise though?
Not for anyone who doesn't have a financial stake in said fraud, no.