this post was submitted on 28 Jul 2025
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Collective Shout, a small but vocal lobby group, has long called for a mandatory internet filter that would prevent access to adult content for everyone in Australia. Its director, Melinda Tankard Reist, was recently appointed to the stakeholder advisory board for the government’s age assurance technology trial before the under-16s social media ban comes into effect in Australia in December.

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[–] MBech@feddit.dk 3 points 3 days ago (1 children)

How would secret transactions make a the coin not deflate? The issue is control of the production of the currency. If you can't control it, it's a cointoss wether it'll be infaltionary or deflationary. A lot of inflation is bad, and any deflation is catastrophic, so I'd really rather not leave the economy up to random chance and private entities' willingness to control the production of their shitcoins.

[–] themachinestops@lemmy.dbzer0.com 1 points 2 days ago* (last edited 2 days ago)

It wouldn't help much with inflation, but it wouldn't fluctuate as much as bitcoin due to all transactions being secret It is relatively stable. With monero you wouldn't have to worry about the value changing a lot in the span of a couple of hours.