/biz/ - Business & Finance

>>19837996
laundering money. you were never supposed to hold it, it's cash

>>19837996

"I think that the only effective defense against the coming surveillance dystopia is one where you take steps yourself to safeguard your privacy, because there's no incentive for self-restraint by the people that have the capacity to intercept everything. A historical analogy could be how people learned that they should wash their hands. That required the germ theory of disease to be established and then popularized, and for paranoia to be instilled about the spread of disease via invisible stuff on your hands that you can't see, just as you can't see mass interception. Once there was enough understanding, soap manufacturers produced products that people consumed to relieve their fear. It's necessary to instill fear in people so they understand the problem before they will create enough demand to solve the problem."

"Creating an electronic currency is a big deal precisely because control over the medium of exchange is one of the three ingredients of a state." "If you take away the state's monopoly over the means of economic interaction, then you take away one of the three principal ingredients of a state. In the model of the state as a mafia, where the state is a protection racket, the state shakes people down for money in every possible way. Controlling currency flows is important for revenue-raising by the state, but it is also important for simply controlling what people do- incentivizing one thing, disincentivizing another thing, completely banning a certain activity, or an organization, or interactions between organizations." "Government regulation has made particular financial players kings and doesn't allow other market entrants. Economic freedom has been impinged by an elite group that is able to influence both regulation and the principles involved in these banks."

TLDR not a moonboy biz mission,

boo

it's actually currency not a fucking moonshot

>>19838319
This

I mainly invest in XMR. Should I get some LOKI on the side too?

>>19837996
Monero is meant for actually using it, not for speculation (see rule #3 in pic related) which means that it won't pump that much, if at all. If you want pumps, you have to put your money on either Bitcoin, for long term gains, or on the shitcoin casino, for short term moon shots.

>>19837996
You ghost is a shitcoin faggot give it up..

>>19839529
nice try pajeet, but we all know you don't hold any monero.

>>19837996
the point is that just like no one can hear you scream in space, no one can see you lose sats in monero

>>19840125
Lmao

>>19840125
that's a nice one

>>19837996
you already know

>>19837996
it'll dump when Trump bans it. cap this.

Satoshi created Monero, it is like getting into Bitcoin at $60 all over again.

>>19837996
Market is not rational.

>>19841932
Although, or because, Monero is the only cryptocurrency that's actually used, it might pump not as strong as you expect it to.

>>19841908
>it'll dump when Trump bans it. cap this.

This isn't bitcoin that is centralized with a few miners.
Monero has randomx, so it's cpu mineable and anyone can support the network. It's fully decentralized and cannot be stopped.

>>19841908
Hows the war on drugs going?

>>19842258
Don't forget that in 3rd world countries, electricity is essentially free in economic downturns. And XMR can be mined on low end CPUs

>>19839561
>be excellent to each other

Why hold Monero when I can buy USDC and get 0.15 pay and buy it for no fee?

>>19842357
Both differ each other in their use cases. What are you talking about?

Early broos 8 yrs early broosss
Fomooooooo
Muh privacy
Monroe or bitcoin only 2 good coins

We’re doing bad for 4 years cuz we’re about to moooon boolish

>person A wants to sell item X
>person B wants to buy item X
>person A and B want the transaction to be private
explain the exact steps to accomplish this goal with monero please

>>19844324
>DNM listing
>indicate plans to purchase
>provide spend txn receipt (can only be provided by the customer)
>receive goods

>>19840125
8/10 breathed air out of my nostrils

>>19844419
How does seller convert to fiat then without losing privacy ...

This is what another currency is attempting to solve.

>>19844459
Localmonero or XMR.to. Once the fed reveals the M3 supply is actually off by a magnitude of 10 you wont want USD though. Why do you think M3 is longer included in the reporting by the Federal Reserve?

>>19844522

xmr.to doesn't go to fiat .. unless I missed something

Localmonero you have to have some address which fiat is sent to

Neither of those are really any good options

>>19845360
you can meet up for a cash trade

>>19837996
Makes pajeets seethe

>>19846063

I would rather see the coin that's going for ease of use with fiat equivalent on a dex

Monero has a difficult time being put on a dex it seems

>>19845360
send xmr to exchange, sell it for btc, sell that for cash. the txs are private, how are they supposed to tell where the xmr came from? if your question is about hiding where illegal profits come from, well, btc and cash has the same problems so that's not an xmr flaw

>>19844459
one common method to "convert to fiat" is to buy amazon gift cards with crypto and either sell those to someone you meet for fiat or just use them to buy stuff from amazon (less secure for your privacy than selling the gift cards to someone, preferably a stranger)

what you can do before you buy the gift cards is convert monero to a different crypto using any crypto-swap websites (repeat several times). makes it harder to track your purchase if you switch between different cryptos as well.

>>19846185

No , the privacy is broken when you go to a centralized exchange.

Same with meeting in person, unless you wear a mask.

>>19846141
check out BISQ. Its p2p and I'm pretty sure you can run it as an exe. There were rumors they were going to have XMR trading pairs, not sure if thats reality yet

>>19844447
back to plebbit

>>19842320
>haha look at me i'm so jaded and angry aren't i kewl

>>19846399
people said that here before reddit, newfag

>>19846412
big difference between being an adult that aren't jaded/angry and a manbaby that feels it is appropriate to put "be nice to each other" in that type of image.