/biz/ - Business & Finance

>>29784852
>1 BTC = 1 BTC
>BTC isn't even fungible

Lel.

>>29581546
I bought Ethereum first and sent it to my wallet on Exodus. Exchange Ethereum for Monero. Welcome to the club faggot

>>29229552
The chinese depend on the 1971 monetary system, trump wanted to keep the monetary system but avoid china with the tarriffs and it backfired hard since it did not improve trade balance one percent it only made it even worse.

As for china, they won't rugpull the west nor bitcoin they depend on the first for food and exports and the second to bypass swift if the usa get's too cocky.

>>29229608
Fiat currency is an artificial creation in 1971 used to literaly bribe china out of the soviet sphere and it backfired hard.

Meme export economies like china or germany have forgot to build internal markets and with their demographics going to shit they are now depending on globalism way more than it's creators aka the usa.

The current status quo benefits no one , we will move to a more merchantilistic world before 2030, memecoins will unironically gain value and fiat currencies will be replaced by currencies from trade blocks or countries adopting free cryptos as backing for their own.

The dollar will also remain strong due to integrating crypto in it's markets gaining influence over them.

Welcome to the Monero General, dedicated to the discussion of the world's leading decentralized p2p privacy cryptocurrency!

Monero is secure, low-fee, and borderless, 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 (hidden tx amounts) ensure that Monero's blockchain is obfuscated -- 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 Monero user willingly providing a view key for a specific transaction.

Monero has also improved upon the scaling downsides of current popular cryptos. To avoid high fees, dynamic block size ensures that the size of the blocks will increase as the amount of txs 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 of 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 will gradually approach 0.6 XMR in May 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.


OFFICIAL WEBSITE -https://web.getmonero.org

SOUND MONEY, SAFE MODE
https://youtu.be/aC9Uu5BUxII[Open][Open]

WHERE TO GET MONERO?

>KYC:
Binance
Kraken
Bitfinex

>Non KYC:
Local Monero
Bisq
Kucoin
Tradeogre
Crypto ATMs
see: kycnot.me

>Mining
https://archive.is/TWOah

HOW TO STORE MONERO?

>Desktop
Gui/Cli (recommended)
MyMonero
Exodus
Feather

>Mobile
IOS: Cakewallet
Android: Monerujo

>Cold Storage
https://archive.is/DEfsP

>>29058125
Fuck this stupid BLM bourgeoisie vs proletariat bullshit image, use this one instead:

>>28978620
Yes.

>>28912523
Everyday, when I wake up, I check the price in the hope it has crashed to sub $100
>>28912594
>cash out from crypto and buy a new one
That is one of my short term goals, I am waiting to earn more tho, if I get enough I would like to buy a cybertruck
>imma get an a5 this Autumn
Sick car and a pussy magnet, ngl

>>28775485
>>28775595
Started with $22 in XMR in january, comfiest hold ever, my short term goal is to be able to get around 1-2 XMRs
>>28775576
You shouldn't browse /biz/ if you hold less than 1 link

>>28526052
>ban fiat curencies

>>26777694
I already have a minuscle undisclosed amount of XMR
>>26778100
I live in a third world country at a rate of $18 for dick sucked I would need to suck 74 dicks a day for a whole month to afford a BTC

>>26558294
Exchange to XMR tier
>>26558315
I will buy a PS5 then
>>26558318
I am not shilling RBC, anon

>>26335403
i want it to be true. But will this actually ever reach mainstream use or just for dark web purchases.

>>26321061
hate jews taxing me, hate niggers wanting handouts, hate faggots wanting me to pay their gender studies

>>26252795
>mfw Iran buying Uranium with XMR to destroy Israel will make me rich
Not only am I contributing to the genocide of jews, but also profiting from it, two birds, one stone

>>26049279
Redpill me on BAO
>>26049301
That was my plan, what are some good shit coins?

Traceable ledgers was a mistake

Did you buyed?

problem?

>btc stablecoin
>eth down
>xrp doing... what xrp does
>XMR mooning 7% and climbing
if you fell for the stablecoin meme you're ngmi