/biz/ - Business & Finance

>>59297629
>feels like losing purchasing power with it due to inflation.

If you feel like this will always be the case then yeah, absolutely sell.

>>58884697
>We truly can't stop winning.

Starting to get tired of it!

>>58884771
>I didn't realize they were that close to a working implementation.

The main work was largely finished last year, what was left was picking a suitable elliptic curve and now doing the necessary audits. Quite likely that by this time next year ring signatures will be history.

FCMP basically neutralizes the remaining threats outlined in the Breaking Monero series so the privacy-related FUD Z-fags and others desperately cling to will soon become moot, Zcash, PirateChain & Co. are going to be left with zero advantages over Monero, which has already firmly established itself as the default option for anonymized p2p payments in the minds of cybersecurity gurus.

That just leaves the delusional Bitfags who STILL think LN is going to make Monero obsolete, they'll be getting punched in the face by reality soon as well, hahahahaha

>>57837870
>i don't know how to contribute value

Start a business/side-hustle. Expand the selection of goods & services that can be had for XMR. Grow the economy.

>>56103388
>Daily reminder. XMR is actively being delisted as new point to point traceability regulations come into effect

Do you not understand where you're posting, nimrod?

Welcome to the Monero General, dedicated to the discussion of the world's leading decentralized P2P privacy cryptocurrency!

Monero is secure, low-fee, and fungible, meaning users can send XMR around the globe despite corrupt governments or broken financial systems. Innovative privacy features such as Ring Signatures, Stealth Addresses, and Ring CT ensure that Monero's blockchain is obfuscated -- In other words, the financial history of all Monero users is encrypted from the prying eyes of adversaries on a public blockchain, with transactions being visible only by a user willingly providing a view key.

Monero has also improved upon the scaling downsides of current popular cryptocurrencies. To avoid high fees, dynamic block size ensures that the size of the blocks will increase as the amount of transactions increases. Further, the mining network algorithm RandomX establishes that anybody with a CPU can participate in mining, preventing the ASIC miner domination that creates a high barrier to entry. Lastly, the mining network will be preserved by Tail Emission -- instead of the block reward falling to zero like with Bitcoin, the block reward gradually approached 0.6 XMR in June 2022, where it will forever stay. This constant linear inflation means the inflation rate will asymptotically go to zero while continuing to provide an incentive to miners to maintain the network.

If you still have questions, feel free to ask and a MoneroChad will be with you shortly.

XMR Redpill: https://yewtu.be/watch?v=wq6w03E2DS4

XMR Stats: moneroj.net

USE Monero: https://cryptwerk.com/pay-with/xmr/

OFFICIAL WEBSITE - getmonero.org

WHERE TO GET MONERO?

>KYC:
Kraken
Binance
Bitfinex

>Non KYC:
LocalMonero
Morphtoken
Bisq
Tradeogre
Crypto ATMs
see: kycnot.me

>Mining
archive.is/TWOah

HOW TO STORE MONERO?

>Desktop
Official Gui/Cli
Feather

>Mobile
IOS: Cakewallet
Android: Monerujo