/biz/ - Business & Finance

>>58321177
>"Hoarding" it is important as it increases the value of the circulating supply for everyone else.

There's another way of skinning that cat.


>>58321197
>Nah, you just suck at crypto. Lots of people are consistently profitable.

Well, obviously, all you gotta do is pick coins with the best fundamentals and you can't lose.

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

>>55590346
It is literally your fault if you fall for those "bad actors" in the first place.

There's a reason why you're always encouraged to do your own research instead of just aping in to the latest shitcoin trends like a fucking retard. Not my fault most faggots get filtered by following best practices.

>>54535962
>gold and silver are stores of value, not investments
>silver squeeze will make silver go to the moon

>bitcoin is useless when society collapses and power goes out
>mad max scenario? lmao never gonna happen, retard

>fuck banks and their usury
>(((gold-backed))) currency

etc.

>>54491468
Ok, so what? I also have a sizable stack and everyone things I'm crazy.
>>54491479
You seem to be the one who only cares about line going up or down.
>>54491485
It has everything to do with business you buffoon. What do you think currency is for?

>>54197393
>Nice OP pic? Is that OC?

Yes.

>>51541162
A few hours ago some generous anon donated 41 XMR to complete funding for four more months of development on ETH-XMR atomic swaps.

>>49939894
>>49939948
based

Only a glownigger would actively fud Monero. This thread is compromised, as it is likely being monitored by a federal agent right now.

>>49358332

Monero is good if you wanna LARP as pic related. It's literally its most based use case and you niggers literally cannot prove me wrong.