/biz/ - Business & Finance

"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."

These are the Rules. Any anons new to Monero should familiarize themselves.

>>20383295
Finally we are pumping. Nice.

Easy breakdown for how to buy XMR with good OPSEC.

>>20383295
>he pays a premium to get spied on by glowies
>pic related

we are breaking the fuck out. next target: $100. then pull back to $80-90. then things get really interesting.
strap the fuck in.

>>20383295
It's all nice and I like Monero for its privacy but I highly have my doubts about the outstanding coins and max supply. Nobody can tell exactly the amounts except the creators /developers. With the price still way below $100 per coin I highly doubt that the numbers are correct. I think more, much more coins have been sold and this kept the price down.

>>20383544
>It's all nice and I like Monero for its privacy but I highly have my doubts about the outstanding coins and max supply. Nobody can tell exactly the amounts except the creators /developers. With the price still way below $100 per coin I highly doubt that the numbers are correct. I think more, much more coins have been sold and this kept the price down.
may I ask why you believe this, other than schizophrenic emotions on what you believe the price should be?

>>20383544
Wrong. We know how much monero there is because of key images and pederson commitments. The former is done in every transaction to prove to a transaction exists to a miner and with the latter the inputs and outputs always will equal each other. When you run a node you essentially confirm every transaction is correct.
And even if there was a hack it’s not like bitcoin and ethereum never had any hacks or exploits. The monero community is united and will hard fork depending on the community consensus.

>>20383324
where are these quotes from?

>>20383295
>https://bitinfocharts.com/comparison/monero-transactions.html
status: comfy

>>20383295
My only regret is that i didnt buy more
Congrats on 70!
Next stop 700

>>20383895
I think it's from this article.
>https://www.coindesk.com/binance-blockade-of-wasabi-wallet-could-point-to-a-crypto-crack-up

>>20383295
volume picking up... considering exchanging all btc to monero

>>20384265
I heard you wouldn't