RE: LeoThread 2024-11-29 19:16

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Digital Cash Rundown 178 #threadcast with @khaleelkazi from INLEO

Live in ~45 minutes, Khal comes on the Digital Cash Rundown to talk Tornado Cash sanctions being ruled illegal, Bitcoin's "hodl tax", and of the new Dash + INLEO partnership!

The Show Starts at 3PM EST. Links in the Threadcast to Join Us!

Important note: Khal and I are running an event to encourage more activity in this Threadcast from the Dash x INLEO Community. Engage2Earn in the comments below and each of you will receive at least $5 in upvotes from @khaleelkazi, @dashpay, @leo.voter and others!

👇🏽 Engage2Earn 👇🏽

leofinance
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Not sure if I can make it, getting late here. 9 p.m. local

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This is starting at 4:30pm Newfoundland time. I should catch the first half hour before I close my shop and drive home.

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Lets go, this will be a good news, waited for a podcast on Wednesday and Thursday but it didn't come through. Now we have one.

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puuh, its friday night guys! Berlin is gettin‘ ready to party 💪🏼🥳👍🏼

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Its definitely promised to be an awesome moment here again today, something to learn and hold about Digital cash

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Hope it won't be only on YouTube alone cause I would prefer it on X so I could join.

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This info came too sudden cause maybe some people would have joined more but regardless, am locked in here.

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I have this up on youtube in another browser just in cash this goes wonky on me. I'm not sure what is about to happen with threads lol

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let’s go! Excited to listen. 2 legends putting on a podcast for us.

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there names will be sung in the banquet halls for all time

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I just wish that we would comment more before the meeting starts so that it will appear out straight there so many people can join.

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Hi all~

I usually start my Shutdown Sequence (translation: My before sleep routine) around this time, but hey, I'm interested in seeing where this goes!!!

Have a nice day/night everyone!!

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I suppose I'm in the right place to follow along with the comments.

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Hi all, this is the Keystore Account of @ahmadmanga. I haven't gotten to testing yet, but I thought it'll be fun to alternate between my both accounts (logged in separately) during this threadcast!!

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Khal please for some of us like me that aren't using a multi facetted device that would make one connect on YouTube and still thread please let there be a link on X for the podcast.

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Hi, Vickyvan, did anything happen regarding spaminator since you contact them on Discord? I hope it went well.

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Wow, I wanted getting back to you, please am sorry I should have given u d feedback since though I have engaged in a season longed dialogue with them.

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Yes there is a positive feedback they are holding me based on a short video I published on InLEO since past 4 or 3 months now. They are saying that I should have sourced it too. I didn't know that even shorts should be sourced too.

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They even brought an article I didn't arrange well since more than a year now and I told them I already faced the penalty and I was released.

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We have been going back and front since then. They even said I should source both images and threads I publish on the threading space . Its been a hectic dialogue though.

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Hello Lions. It's been a busy day for me out here.

How has your day been?

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are we still waiting or am I doing something wrong? I'm on youtube

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LFG!
Don't upvote this account. save the upvotes for the Dash users.

I bought 10 Dash today instead of my normal Leo buy.

can't wait to hear the threadcast

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Can Thunk be the 1st account to cash out Dash???
We are on the quest!
Fill the treasury through parlay with fellow adventurers.

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I'm so ready - okay - wait I need to roll something

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Can I have 2 treasuries?
Can I cash out Dash and still stake Leo tokens?

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Seems I'm having sounds issues here, guess I'm not the only one, actively ready to learn this night.

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This is going to be so interesting.

Thought it was going to be on X space.

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Welcome to the Show! Nice to see u both guys!

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Did you plan sticking your shelves together in the background? 😃

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Soon Joel, Soon! Soon u are a Big Big Whale!

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Looks like you're in the same room sitting next to each other. 😄

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The 3Speak Team will be here? Finally I can ask:

Wen will 3Speak/Shorts be back?!!!!

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u can ask on their discord!

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I did consider it, but feels better to ask on a threadcast.

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Yeah, there aren't many whales in the INLEO space... Well, I think Task counts as a whale, doesn't he? @onealfa too, I think.~

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when my power reloads I will retroactively vote the threadcast comments. prob tomorrow

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I missed years of grinding. So doing buys to catch up.

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It's passed 9 pm here and I have a musical praise night to attend. So I will be here for a moment,though quite exhausted so I won't be at the event all through the night.

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this way of mining crypto is fun because by mining (upvoting) you also distribute crypto to other people.

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Happy Friday, still in the spirit of Thanksgiving.

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Just got discord notification about the threadcast, im here so.

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I'm about to try the new Keystore Feature

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i was suprised with how easy it was on the phone. but still more happy with how hive keys work for security :)

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i was a $dash holder in the past, i need to get some again.

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The meeting has started already and it's only streamed on YouTube. I will have limitations. I just wished it was on X too.

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it is, just go to TheDesertLynx X page

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Welcome everybody, it's a good Friday then.

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I didn't know that there was going to be ton of users tuning in, wow, this is amazing, what a massive love for InLEO. Welcome guys.

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Hmmmm... Wait, if I understood correctly, powers-that-be made anyone using Tornado Cash sanctioned, and then they retaliated by making people use their coin so they'll be sanctioned too...?

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Not a long time ago in Split! Crazy how fast the Integration took! $DASH $HIVE $LEO

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Tons of people are actually turning in, the number is increasing .

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Huh. the kings guards raided our local "black market"
this will cause a revolt if it continues.

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Yea , an entity that has power doesn't want to relinquish power no matter what, unless there is something underground on them releasing their power.

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Power has a way of belittling something that was a big deal most especially when the power is sourced from money.

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Lolz, yea they can crack down all opened source and boom genocide.

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Yea, code is not a law, it's not a crime.

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Privacy is not a crime, it's a human right. Money needs privacy.

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Will see if you are still online when I get home from work. Aprox 45 minutes. Enjoy everyone. Awesome start to the show. Very informative so far. And eye opening.

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Business done online, in cryptocurrency is outside of the jurisdiction of governments and their made up laws as well as banks.

#staydigital

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Hey @luchyl, @bipolar95, @calebmarvel01, I can't see you in this threadcast.

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My dear am in Church, we have all night service...

Thanks for reminding us..

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(Edited)

Awww I missed this 😭... I'll just stream the recordings later on to catch up on the latest.

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I was already snoozing in bed 🤣. Had a stressful day, and needed to retire early.

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most people don‘t even know how much of the world is running on open source …

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Technology is improving faster than anyone could regulate it... For example, AI is almost unregulatable right now. They did regulate ChatGPT, but there are thousands of alternative options that aren't.

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Laws might not be that flexible in moving money in the air for a common man, these creedy politicians has a way of routing everything work for their own good.

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Lolz, not your keys not your account, I can't just forget that easily

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Money needs privacy, that's true, I agree.

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$BTC has been the power house and I think every other coin follows its route. If there should be a wrong control of it then it's gonna affect others too.

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Hodl tax would suck but I could see it happening now that you explained it.

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Normies will eat that fee idea with delight

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Wait... So, Swan is a person?!!

I thought it was a company/service...

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When it comes to money be it from crypto or not, there is always a way of handling it which makes the promising information that will profit everyone be in a secret form.

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Khal said he isn't super surprised meaning that he was surprised but he anyhow kept àn open mind for anything.

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Fully self custody and hybrid custody, the custody about crypto savings keeps changing and upgrading.

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The problem with Self-custody is that most people aren't prepared for it, and will never be prepared enough. For someone who doesn't want to think about privacy/safety in either direction:, Bank-like systems can actually be attractive!

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Things keep changing as far as saving crypto is concerned but for me, not my keys, not my coin.

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I like how Khal just throws down Trad Fi. I had to look it up lol

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and lighting network will end up the same. big players imitating banks

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I think there is a lot of custody placing and statues that happens between one that understands crypto and it's security than one that doesn't.

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I wonder if that's in the nature of currencies

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Yea, one needs self custody to do defi.

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new solana memecoins have made self custody quite normal already

so memecoins have positive side yes

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I'm not happy to admit that they've actually done good, but they did!

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but only the 0.1% of the best ones only. most still go to 0 in short time after launched.

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That's some good news. Hope they continue so.

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Crypto is tricky, especially to it's newbies. But I think with space like this, one could gain understanding from others experiences.

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Memecoins make mass adoption easier. Though I'm not a fan of them, they contribute to our ecosystem indirectly ✌️

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Since we keep moving from one custody to another, which do you think it's best for coin security.

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memecoins ok - but the right way.

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Trad Fi huh, heard it first from khal on chain-chatter.

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Some people like custodial to have someone to blame if something happens and someone to demand fixing. But it works for those that are even under contracts for huge amounts, not for small holders that just the feed would eat their funds

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brand of water fowl.
hahahha!
you mean a type of water fowl.
since when did a species become a brand.

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It's a funny way of saying it, yes.

This is the Tim Horton's brand of waterfowl:

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so how does the Dash thing work here?
is it native Dash being used for upvoting or later a conversion.

maybe i should go read about it 😂

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v4v.app ^.^ tested it the first time in realtime in croatia :D was fun and easy

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What does self custody mean? Is it being in charge or your tokens or it means something deeper?

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if you have coins on hive you self custody because you own your keys. for example if you hold it on Binance they custody it for you as they can block you from accessing it for what ever reason.

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Ok. I totally understand it now.
Thank you 😊

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Looks like it's now that goodies discussed on hivefest are been dished out.

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We need to Decentralize the world for everything, so these bottlenecks are limited or no longer an issue

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Question

Wait a minute... Did Lightning as whole block some countries, or is the service V4V uses that did that?

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Huge props on doing this show! Will you consider doing these on Saturdays? a bunch of folks (like me) still need to mine fiat on weekdays.

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Crypto is now being a Hybrid industry with a high trad Fi influence. Said by khal.

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could leo get trapped or censored like what you are talking about

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It is possible, but even if LEO itself was censored or destroyed, it'll be a lot harder to censor the HIVE Blockchain, so your account will be able to raise on another platform with all of your content on INLEO intact.

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leo as a social? leo as a coin? all you write on leo is on Hive blockchain, so other frontends or even blockexplorer will show your posts. leo as a coin is on the second layer on hive.

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How would you describe "good money"? Is it a subjective concept? Is money a compromise, or is there one objective best solution for money? Is perfect soundness important?

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the blockchain is our constitution. For each coin to implement by

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You don't need other coins, Bitcoin should be the only coin that exists...

If you look at it from an investment lens, that's probably true. But from decentralized lens, we might need more coins!

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Having something with a huge and better network effect on a product says and shows more on the way it's been used.

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Bitcoin doesn't provide privacy, so isn't the way, but it was the start towards that goal

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I think we do need the variety, because they have different uses, and using just one is another form of centralization, but we would be doing that to ourselves

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If $BTC as big as it is still needs to be pushed, what then can one say about memecoins. They don't just need to be pushed but carried like a baby and excessively pushed.

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Avoiding Bitcoin what please....? What's the title again?

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It is possible, but even if LEO itself was censored or destroyed, it'll be a lot harder to censor the HIVE Blockchain, so your account will be able to raise on another platform with all of your content on INLEO intact.

https://inleo.io/threads/view/tulwave3/re-thedessertlinux-2hfryb8pv?referral=tulwave3

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it is not

LEO is governed by a smart contract

Good luck taking down a smart contract

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They could just take you down, Khal... You're the most critical point of failure for LEO...

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that make sense. Hive seems to have always been a good layer 1

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Does tech companies have à big say on crypto?

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And there is so much going on in the Crypto-Space daily... Games, Finance, Blogging and now Dash i need to get deeper in.

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Transfer of Value is the power of crypto.
A lot of the concepts of what is value are still being explored.

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Good money is only taxed one time.
not every time someone touches it

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Yea, good money has different definition on different people,

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Letting a custodian hold your Bitcoin doesn't make sense to me. The golden rule still applies, not your keys, not your crypto.

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I live in q country that has huge devaluation daily, so yes, something stable is good money for me

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that’s a good definition of good money! I agree

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Yes. I can't believe we have to pay taxes on everything we buy after already paying taxes on our whole income

https://inleo.io/threads/view/thunk.answers/re-thedessertlinux-pvvzcjxh?referral=thunk.answers

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and on some stuff we pay taxes because we own them :)

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Oh yeah, that's crazy, we already paid, we take care of it, if we need electricity to use it we pay it, yet we need to pay more.. crazy.

Doesn't really work like that in my country, but well, you do pay on everything plus on your income, and then nothing works lol

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you don't have property tax? in my country it is not high, but still makes no sense.

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Not on the area I live, and I don't own anything so I don't pay anything.

It's not for everyone.

I really don't know much about it because as I said, it doesn't apply in my area. I live far from the city

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If there is a definition of GOOD money, then there should be a definition of BETTER money and BEST money.

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Good money for me: A "piece" that's relatively stable in value that could be exchanged by people and accepted in as many places as possible AND can't be taken from you without permission.

Under this definition, any type of cash is good enough money for me. !LOLZ

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Some have decent money, some have horrible money

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it always depends on what you compare it with. $ vs Argentina peso a year ago, $ is great if the other thing has 30% inflation in a month

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Just Coming....

Holy Grandfather

Am coming late 😔😔😔

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will leo be a language we can all speak???

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Question ❓

What do you think causes the devaluation of money in different countries. Maybe use Nigeria as an example.

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Good answers, but it's also important that money is not controlled/manipulated by a trusted entity, because no entity can be trusted to not abuse such power.

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Why would money even want to loose its worth or value at the very first place, could it be that it's too much in supply or?

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Actually in Islam, there are rules for dealing with money, and Bitcoin fits these rules much better than Fiat currencies. Of course, Gold fits these rules the best.

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Lolz, a technology that can do everything, can that be possible?

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The number of times a dollar may get taxed is beyond ridiculous

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Question ❓

What do you think is the language of money?

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How many new users have signed up since the partnership was announced?

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Yea, InLEO partnership with DASH is a great news.

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Let's touch on the big news

Inleo partners with dash

Not "news" to me, but hey, I'm happy as a HIVE/INLEO user!!!

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Video walkthrough on how to create an account with Keystore for Dash users coming soon˜

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You usually make great videos explaning. Have high hopes this is also gonna be great 👏

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Is changing Keys possible with the Keystore Feature?

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Yea, few hundreds of accounts already..wow. that's a great news.

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Question ❓

Why is it that old hive accounts can't log in using the keystore part of InLEO log in?

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If I cash out $15 in Dash can I still stack / stake Leo???
I would like my Leo power to grow.

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Question

If one reaches a threshold number of withdrawals using Dash but couldn't claim it on time, would it varnish?

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No, you are not forced to claim at a specific time. It's already on their wallet as hive coins and tokens

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Regular Hive Users are able to Earn $HIVE $LEO and $Dash when using the Dash-Frontend on INleo?

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Is the 7 day reward timeframe valid for dash and the coming „skins“ also?

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Signing in with keystore with an old hive account is maybe hard to be done anyways.

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Its not once the connection is done. Bu

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It would be nice if old or existing Hive users will have the ability to connect through keystore as well.

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They just mentioned they'll work on it in the future.

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Yeah. It may take time but it's okay

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not really. you can change to dash manually. and the system with posting key and active key is more secure to not leak it all.

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Can one logging in with keychain claim their earnings to Dash not withstanding the user logged in with keychain not Keystore?

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You don't hold people in a currency, you don't force them to stake and never sell...

Well, that felt like how STEEM and HIVE worked up until now.

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not really. you can always sell. but if you always sell and don't want to share with others, why would them want to share with you 🤷‍♂️

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Stake enough to help others earn for sharing their experience. If everyone does, both the user and the platform win

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It seems like there's more positive energy and appreciation here than twitter. It's pretty sweet to see people interacting and appreciating each other, and then receiving rewards! And I like seeing this use case of Dash being used as money!

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Whats the threshold number of withdrawals for one using Keystore ?

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(Edited)

do i earn $DASH when a dashlion upvotes my stuff?

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(Edited)

deos a dashlion earn $LEO when i upvote his stuff?

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Getting / Earning $DASH on Inleo is just earning $LEO and then Sell the earned LEO to DASH?

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So if one is cashing out from DASH, the user is trading the Leo token and exchanging it with Dash token technically?

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There are many perks to increase your LEO Power. As Khaç metioned, you earn more from curation but also you get some other goodies such as being able to submit articles for stake based curation

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Yea, make auto-stake a must for a cashout - so not all earned crypto is leaving to exchanges

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Auto power up on options on settings would be cool

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it's exciting to hear all of this. Can't wait until I have to decide how much leo to stake while I'm cashing out to Dash.

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100% Hive-Power in Rewards is the best option!

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dashlion = user logged into the inleo dash skin

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Yea, giving one option to determine the percentage to cash out on Dash and Leo to stake is cool.

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You can also delegate your Hive Power to leo.voter to earn even more LEO

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The pop up staking features will be nice. Saving at least 10% of our total earnings all the time would be great.

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Can one coming from DASH be able to stake hive as a token on either Keystore, InLEO or...

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Make sure - $LEO is a 2nd Layer Token, next to Hundreds of others .

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You can't get 100% in HBD!

Only a 100% in LEO Power!

Services that promise more than 50% of HBD all take their percentages of the profit, so I didn't use them.

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Stack and stake hive same time. Nice one.

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I find the sell pressure think a lame argument here, I would ask them, what is already happening with the liquid rewards?

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$HIVE & / $HBD 1st Layer
$LEO 2nd Layer.

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so if my user is made before the Dash thing was implemented
i dont have it or do i have to make some extra steps?

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What if I needed to unstake the Leo staked in the future.
How would that work? as a keystore / lite account.

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Just the same as any other, because the keystore has your hive keys.

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Have in mind that voting content give you rewards as a curator and it depends on the Hive Power!

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I thought it depended on my Leo Power?

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Leo Power gives you Leo when curating and Hive Power gives you Hive by curating too. If you curate using Inleo, you will be earning both.

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It takes 13 weeks to Unstake $HIVE, but you get 1/13 of the stake every week. I believe it's a good system, and the 13 weeks thing makes me feel safe that no whale will abandon the platform in one day!

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and gives you time to recover your account and not lose everything you have.

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We are enjoying the podcast though.

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ah the Dash theme is the key. 👍

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Yes, plus signing up with a keystore. If not, then you need to cash out manually via LeoDEX.

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oh. i get it now. its meant for new users who come from Dash community, makes sense. im not signing up for a new user anymore 😀 . but i can change to Dash manually later if i want - gotcha

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Would those coming from DASH require resource credit to engage on InLEO?

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Thanks for the great informative discussion😉

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Well, since you'll be going, I'll go too. Have a nice day, everyone!!

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Thank you for your wise words guys, we believe in your vision 🫡

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crushed 300 comments 🤘🏽😎🤟🏽

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Thank you!!!
This was impactful

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I'm rather excited about this whole project.

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Thanks everyone! We're upvoting all your comments as we speak

Hope you enjoyed your first Threadcast! I saw tons of new faces in here

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Thank you for the great show. Can't wait for the next episode😉

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Everything new adds up, we must be up to date in this world of Christ, so see you in a while to stay informed. 😉

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Couldn't join in, good there was YouTube imbeded for us to catch up.

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Yeah, there's always the likelihood for those with power to desire for more power.

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I love this

Money is privacy.

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Crypto offering great money.

Good one there, Khal.

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I'm in love with this integration already

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Looking forward to the future of this project!

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An inspiring project indeed, looking forward to see it launch.

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