/biz/ - Business & Finance

>>55156178
>>55156160
I created this on Thursday, 4 February 2021, 06:49:20 (at least that's the date on my document) but you only posted the bear part.
There was also a bull part to this:

Monero investment: Bull and Bear arguments
I just let my mind run and compiled this list of arguments that people might come up with for and against XMR as an investment. These should be seen mainly from the perspective of an average crypto buyer in 2021.

If you have more or want to challenge them please feel free to give your input.

Bull arguments:

- class-leading privacy coin

- real world adoption

- great community

- long history

- capable dev teams

- very decentralized

- no company/foundation

- might replace BTC in most use cases

- potential to become the class-leading currency coin

- Atomic swaps will enable XMR to tap into other coin universes with minimal metadata leaks and very low friction

- new buyers and speculators might not be fully aware of flaws in BTC and DeFi and in the future might migrate to XMR

- price action not fully exploited this cycle

- upside potential from more exchange listings

- wrapped versions enable DeFi usage

- organic price action

- little known institutional involvement creates upside potential

- Grayscale Monero Trust will enable easy access for many investors

- most battle-proven privacy coin

- trusted and used by hackers and professional scammers

- more usage by normal people and honorable use cases might improve the reputation

- low inflation and no gaming of the supply

- privacy features are working

- coin economics provide stability in the long term

- demonstrated ability to fend off attacks and keep network up-to-date with latest privacy features

Everyone in monero community is so hard on monero hodlers and non stop hassle them for not giving the currency value because it only has value if you use it… but I would argue that holding monero away is like stacking cash in a safe. Never know when you need to bust into it grab it all and hit the road.

>>49851204
So as of right now I do Apple Pay on local monero completely peer 2 peer. I feel fairly secure using this method. All I gotta do is pay taxes on my peer2peer cash app useage. Only way to be caught is if the person I peer2peer with is the IRS undercover. And what’s the worst that can happen in that case? They tell me “hey you owe taxes muh fugga!” But honestly I don’t even think they’d bother because you already get your money thru Apple Pay taxed right? That just happens automatically. Then if the governments really worried about the crypto you purchased well… it all got spent on vidya, gambling, then I lost my fucking seed phrase. So long as I’m taxed on my entry everything is cool. They shouldn’t give a fuck I imagine. It’s if I sell later at a profit. THAT is where they will get a 5 dollar wrench and beat me till I give up seed phrase right?

>>49534943
> It's as if they WANT to artificially narrow the range of technological thought.

WEF doesn’t want its sheep escaping their centralized banking system. If citizens of he world all start collaborating via a decentralized money system that the world governments can’t control, they are shitting their pants, coping, seething, and dilating about the thought that humans might become free from the shackles of government and Stone Age systems of conducting business like a fucking centralized bank. You know how many boomers are freaking out about this right now? As they forget that they really should just be planning out how their gonna pay for their nursing home fee and then their funeral? Yeah.. I don’t know why so many people are scared of the fucking freak klaus Schwab. He’s so huge and powerful yet it’s so fucking funny how irrelevant he’s going to become very soon here. Same with George soros. And your damn right the rothschilds and rockefellers and the fed is going to end, maybe not by silver but by cryptocurrency(probably monero unless something better is made). If the rockefellers are smart. There buying monero themselves. It’s the only way there gonna keep their yacht’s and mansions. But at least they won’t be able to fund baby killing wars anymore. John Lennon predicted the future! World without countries. Of course…. That’s about the only accurate prediction he made, there WILL be property, religion, money, and you will be happy. Well just end all the faggot fuck world leaders who send us to war for their desires just by running full nodes! Not a single bullet required.

>>49487680
Hell yea! Finally figured it out. So it looks like directly in the router you have to click add virtual networks and also port triggers. Weird. Why would I have to do this AND allow it thru sudo uvw allow 18080/tcp. This shit is just overly complicated. So I noticed when I type In status for the monerod I get to not only see the block status and if I’m synced and up to date, it also tells me out connections and in connections. I just had 7 in when I opened the port. Before it was always zero in. I’ve never actually tried to connect to my node outside my home, would it not have worked if my port wasn’t open? And what are “IN” connections anyway? Are people actually coming into my node and using it? Holy schite. There gonna fuck up my computer! I opened my wall and there gonna get me now. Lol.

Anyone ever do cash by mail on local monero yet? Sounds like a pretty safe and secure non KYC way to acquire the shit honestly. Or to turn monero back into cash. Gotta get a counterfeit detector though right?