this post was submitted on 17 Feb 2025
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Resist: It's Time

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We are still in this together, but "this" is going to be real different in the very near future. This demands a different kind of "we."

The French Resistance during Nazi occupation played important roles delivering downed Allied airmen back to safety, supplying military intelligence, and acts of sabotage.

The Underground Railroad is estimated to have brought 100,000 freedom seekers to safety between 1810 and 1850.

It's time.

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[โ€“] untakenusername@sh.itjust.works 1 points 1 day ago (1 children)

If your concerned about the storage device 'holding' the crypto being lost or destroyed, you could simply memorize that 25-word code that most wallets have for signing back into the account. Your address and a passcode is all you need to send money. In the case of Monero it doesn't have much volatility (compared to other currencies) and actually when trump was tweeting about creating a national crypto reserve, while Bitcoin rapidly fluctuated from 80k to 100 and back to 80k within a few days, Monero didn't change much. If volatility is a major concern for you, then you could always look into stable coins, like those that are set to the value of USD or gold. I don't use them and they work in fairly complex ways but volatility is what they are designed to combat.

Also outlawing crypto is like outlawing piracy, they cant enforce it and often they don't even know about it happening. In the case of Bybit, they had billions in crypto and NK hackers after them, so ultra high security was a much larger priority for them than it is for a casual user of it who might only have a few Monero in their account.

If you have money in the bank it can be frozen or seized by the government, whereas crypto or cash they cant take as easily. My thinking with this is that if you have $500 kept in a crypto wallet whose password is stored in your memory, and there is no physical hardware with that code, then your money cant be taken away from you by any means.

[โ€“] Blue_Morpho@lemmy.world 1 points 1 day ago* (last edited 1 day ago)

Also outlawing crypto is like outlawing piracy, they cant enforce it

A VPN only gets your crypto out of the country to buy something or exchange for cash in another country. It doesn't let you get it back in without loss.

But the point wasn't that it would be completely blocked but that it's value would crash on the whims of the president. If Monero became harder to use, people would exchange it for a crypto that the president was promoting.

often they don't even know about it happening.

If you have so little that no one would notice, then cash in a safety deposit box is better in every way. Monero dropped 15% in a day last month. Yes it bounced back but it's not stable. If you bought Monero 5 years ago, you'd still be at a loss today. If you are looking long term, you might as well buy Vanguard where you have guaranteed long term earnings in exchange for short term volatility.

In the case of Bybit, they had billions in crypto and NK hackers after them,

People get their crypto stolen every single day. It doesn't make news because it's only thousands lost. My nephew lost thousands because someone sim jacked his phone.