/biz/ - Business & Finance

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

Step 1. let crypto frauds steal billions (completed)
Step 2. sue big exchanges (in progress)
Step 3. ban exchanges from selling privacy coins (happening in EU)
Step 4. roll out the CBDC from the US to the world
Step 5. print virtual dollarinoos for everyone

INCREASE CRYPTO REGULATIONS

>>54306694
*votes for regulations and CBDCs*

>Ignore zcucks
>make untraceable transactions w/monero
>profit
Simple as

Monero is safu. All the others are speculative, traceable dogshit

>>54026449
Kek

You bought Monero
A total of [REDACTED] Monero was added to your account balance.

>>53025486
...and I will NOT pay taxes

>>52882910
mr gubberment can cry and cope whilest trying to calculate how many taxes I did not pay

>>52643855
Very good for glowiecoins

>>52621734
Up 100% (ONE HUNDRED PERCENT) against BITCHCOIN in a bear market.
Why does that upset you? Did you not accumulate a sui stack like we told you?

>>52395784
do not hoard XMR, it's harmful for the central banking system.