ABluManOnLemmy

joined 1 year ago
[–] [email protected] 3 points 1 week ago

There is MoltenVK for running Vulkan apps on macOS, and also Asahi Linux has a standards-compliant Vulkan implementation natively

[–] [email protected] 2 points 1 week ago

It can possibly run Asahi Linux in the future. I had the same idea

[–] [email protected] 8 points 1 week ago

Yes, they have a right to vote in the state they last lived in (or, if they never lived in one, perhaps the state their parent last lived in?) but unfortunately Puerto Ricans can't vote in presidential elections.

[–] [email protected] 1 points 3 weeks ago

"wears her seatbelt"?

[–] [email protected] 14 points 1 month ago (8 children)

They now built a bridge that allows drivers to avoid the border checks by staying in Croatia

[–] [email protected] 3 points 1 month ago (2 children)

Guard is 121.5 isn't it?

[–] [email protected] 3 points 1 month ago (2 children)

Is this exclusive or inclusive of the energy tax? IIRC that's about €0.15/kWh in the Netherlands

[–] [email protected] 2 points 6 months ago (1 children)

There may be some situations where this makes a lot of sense, particularly involving currency manipulation. For example, in Argentina, the official exchange rate was much less favorable than the actual (black market) exchange rate. Monero could enable someone to sell at the more favorable exchange rate locally, rather than relying the transfer provider in the source country to do it.

However, it's important to consider potential market effects if this is done at scale. For some people, it could work, but probably not yet on such a large scale.

[–] [email protected] 2 points 6 months ago

There's at least a decent chance that Monero may actually be a better store of value than the destination currency would be and the receiver might just choose to keep it in Monero instead of converting it to their local currency.

That could make sense if Monero was a widely accepted currency for goods and services in the destination country. However, as far as I know, it usually needs to be converted to fiat currency for this.

So you would purchase Monero peer-to-peer in your country send it to them and if they need to exchange it when they get it they can choose when to do so and how much to convert.

Sure, P2P is the ideal without KYC, but if used at scale, this is going to eventually lead to an increase in value of Monero in source countries and a decrease in destination countries, especially since P2P exchanges are usually local in nature and less liquid than centralized exchanges. There would be heavy sell-side pressure in these P2P exchanges, whereas likely not nearly as many people would be buying Monero there. The spread between the buy price in developed countries and the sell price in developing economies could exceed 6%.

[–] [email protected] 5 points 6 months ago (5 children)

This could work if there are reliable exchanges already available in local currency on both sides, and if both sides have bank accounts and the technical know-how to use exchanges. However, if Monero were to become a large scale method of remittance transfers, then Monero could be overvalued in exchanges in source countries and undervalued in exchanges in destination countries, especially in situations where the currencies are not freely convertible. With P2P exchanges this situation may become even more exaggerated.

Eventually HFT traders may catch on and level the market, but this would essentially mean a transfer of wealth from the masses sending remittances to a few HFT traders.

My point is, though sure it works fine in limited situations in strong economies (where there are liquid, freely exchangable fiat currencies and fair exchanges with low fees), it is a lot more complicated than it seems to use it at such a scale or in countries with underdeveloped economies.

[–] [email protected] 8 points 7 months ago

https://social.overheid.nl/about is the official Dutch government mastodon server

[–] [email protected] 3 points 10 months ago (5 children)

I wouldn't be surprised if it's the country where the SIM originates. A prepaid eSIM from an EU carrier (as secondary sim) is pretty cheap though and might work if this is what they do.

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