this post was submitted on 06 Jul 2023
12 points (92.9% liked)

Monero

1583 readers
30 users here now

This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.

GitHub

StackExchange

Twitter

Wallets

Desktop (CLI, GUI)

Desktop (Feather)

Mac & Linux (Cake Wallet)

Web (MyMonero)

Android (Monerujo)

Android (MyMonero)

Android (Cake Wallet) / (Monero.com)

Android (Stack Wallet)

iOS (MyMonero)

iOS (Cake Wallet) / (Monero.com)

iOS (Stack Wallet)

iOS (Edge Wallet)

Instance tags for discoverability:

Monero, XMR, crypto, cryptocurrency

founded 1 year ago
MODERATORS
 

There are already 2TB SSDs available for less than 80€ and prices are expected to go even lower.

I agree with Artic Mine and believe storage is not going to be a problem for Monero and that the only real bottleneck is upload speed.

What do you think?

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 0 points 1 year ago (12 children)

@monerobull What if someone doesn't have 80€ ? By raising the cost of running a node you cut off the very demographic you're supposed to serve.

[–] [email protected] -1 points 1 year ago (6 children)

@silverpill @monerobull
its interesting reading the responses in this thread. There are too many root assumptions in this generation which are not rooted in an awareness of reality... only what has been for the last 10 years. Which is an absolutely ridiculous way to view the world.
Stop assuming that comsumer technology will keep growing at the rate is has the last 10 years.
It wont.
In fact, ossification is already occurring, and you dont understand the cycles of history.

@[email protected] is correct to want efficiency which doesn't rely on the collapsing economies of continual growth.

[–] [email protected] 2 points 1 year ago (5 children)

Stop assuming that comsumer technology will keep growing at the rate is has the last 10 years.

It wont.

We have like 70 years of data. People literally call the assumption of IT-stuff getting cheaper "laws".

historical-cost-of-computer-memory-and-storage.png

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

@monerobull @monero
There are three kinds of lies.
Lies, damn lies, and statistics.
What will your ego chart mean when our time of enjoying the global reserve currency comes to an end, and China takes back taiwan? Or when the BRICS alliance becomes the dominant economic force in the world, and the dollar experiences hyperinflation as all the stored dollars in South America and Africa come rushing back Stateside?
Youre a Roman standing on Hadrians Wall thinking the Empire will last forever.
The post WW1 growth/debt economy is headed toward a cliff along with your charts.

[–] [email protected] 5 points 1 year ago (1 children)

Alright, if your expected scenario is that bleak, sure, we should try our best to keep the chain as storage efficient as possible but even if Taiwan and China stop supplying SSDs there are still quite a few manufacturers outside of those two countries and your bigger concern should be regarding CPU / other components.

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

@monerobull @monero
Fair enough.
My concern is the tendency to build freedom preserving technology in a way that presumes the economic bubble of the last 70 years will continue. Especially considering the geo-political state of the world, and the patterns of history.
And I am not sure that it will be a sudden and rapid collapse. In fact I doubt it.
But things are changing, and the economy we have enjoyed due to a post WW2 bubble, is ending. And we dont produce enough of our own stuff. We need to be wise. If i see a production chain from material supply, to end product, that has resilience to shifting geopolitics, Ill ease up on resource efficiency.

[–] [email protected] 1 points 1 year ago* (last edited 1 year ago)

see a production chain from material supply, to end product

yeah that would be cool.

[–] [email protected] 1 points 1 year ago

i love it so much when americans think the usa is the only country and the usd is the only currency in the world

load more comments (2 replies)
load more comments (2 replies)
load more comments (7 replies)