/biz/ - Business & Finance

>>25121497
Always post the list of important links, when opening a Monero general:

WHAT IS MONERO?
https://web.getmonero.org/resources/about/
https://www.youtube.com/watch?v=8quGD9W7B2I&vl=en

HOW TO STORE MONERO:
https://cakewallet.com/ < A simple, phone friendly wallet

https://www.getmonero.org/downloads/ < Full GUI wallet

WHERE TO GET MONERO?
https://localmonero.co/?language=en <(Always look for vendors with lots of good reviews)
https://coinatmradar.com/bitcoin-atm-near-me/ <Crypto ATM locations
https://kycnot.me/ <Exchanges and services with no KYC requirements
https://web.getmonero.org/get-started/mining/ <A brief introduction to PoW Mining.
https://moneroblocks.info/stats/transaction-stats < Monero Daily Transactions

Also, you should look into Bisq. It's a decentralized exchange without KYC.

>>25121537
Not every thread about Monero is an XMR circlejerk. Fuck off shill.

>>25121497
>2013
>Why would I invest in Bitcoin if my intention is not to do anything illegal?

>>25121580
kys you fucking faggot
if you knew you would know

Invest in a erc 20 token and get rugpulled then, faggot retard?

>>25121497
>no active development
sage

>>25121641
>>25121645
Wow amazing how you brainwashed shills can't even make a coherent argument so you have to resort to middle school level insults every time your coin is attacked. Truly the shittiest community in crypto.

>>25121702
Well when your "question" is akin to "why would I buy a gun if I'm not trying to murder people?" You're too retarded to ever make it, therefore I don't take you seriously. You probably breathe manually and count the seconds in between each breath too you dumbass retard.

>>25121747
>Well when your "question" is akin to "why would I buy a gun if I'm not trying to murder people?"
Not my fault you retarded pajeet can't understand English. My question is why would I invest in Monero if my goal is to make money not to buy drugs on the darknet. Because if my goal were to buy drugs on the darknet I would definitely be buying Monero.

>>25121938
Monero is besides eth the only coin with true world usage other than speculation. Thats reason enough to invest

>>25121938
many were saying this back in 2013 about bitcoin

>>25121641

2022. The great overthrow.

>>25121938
Don't ever touch a monero with your filthy hands brainlet. The only thing you should be investing in is $ROPE.

>>25122023
Yeah, dude. Monero FTW.

>>25122023
>Monero is besides eth the only coin with true world usage
And that true world usage is... buying drugs. OP has a point here doesn’t he?

so people don't know your account balance. without monero's anonymity you're wandering the internet with your wealth on public display.

>>25122323
Because truly anonymous and private transactions = drugs????
Such a limited view you have, anon

>>25122323
The true world usage is privacy, brainlet. Buying drugs, and any illegal activity, obviously benefits from privacy too; but that doesn't take away from the utility of a privacy coin for legitimate users.

>>25121497
>>25121497
>Does this coin have any use other than buying drugs?
No, the only reason you need the privacy is because you are buying something illegal, that's it.
Nobody cares if you buy toilet roll or McDonalds with it so no real need for the privacy.

>>25121497
There was recently an article put out where someone donated 20 BTC to conservative youtubers like Nick Fuentes and through basic chain analysis they were able to link all of the streamers through that donation and see their balances. It’s not really viable

>>25121497
PirateChain is better

>>25122479
Fungibility is the key feature and privacy is one element of that. When the us government starts blacklisting bitcoin UTXOs and bitcoin addressses then you will see why fungibility is needed. You can end up with coins that you can’t spend as an American, through no fault of your own, if you obtain tainted UTXOs from Binance, a gambling site or defi.

>>25122479
>Nobody cares if you buy toilet roll or McDonalds with it so no real need for the privacy.
speak for yourself

>>25122504
literally what? lmao

>>25121497

>it is PoW and no plan to transition to PoS

Any PoS is the scam by definition. You can even check it with practice: all old PoS coins are more or less dead by now. When ETH will move to PoS, it will die too. So they not in hurry with PoS transition. Any coin without mining is the scam too. Turing machine on blockchain (ETH) is practically useless and bloating blockchain. Money should be money and nothing more. People need money. True money. BTC was the first. Monero is the second. Fungibility.

If people buy drugs, guns and CP with it then it means they are using it as money. Just like they used BTC for these things some time ago.

>>25122504
nope

>>25121497
what is bitcoin actually used for other than buying drugs?
I've been using DN market for about 7 years and most don't even accept monero.
I would use monero to store and hide large quantities of taxable money, or a hedge for the dollar collapsing and wanting to hide my crypto from extortionists and what's left of the government.

>>25122557
Darknet drug trades are still 90% done in bitcoin, though I imagine large scale vendors withdraw safely with monero/running etc

>>25121497
>Does this coin have any use other than buying drugs? There is no active development, no smart contracts, it is PoW and no plan to transition to PoS (which means fees would get very high if it becomes popular). Why would I invest in Monero if my intention is not to do anything illegal?
That is a lot of nonsence in one post, bravo OP.

It never ceases to amaze how some anons view the current zeitgeist of surveillance as something normal and/or desirable.

>>25122699
What? What sites are you using? If a place accepts BTC they usually accept monero too, if not what the FUCK are they doing.

>>25121497
>use case to buy drugs
>POW
literally the most based coin

>>25122735
>usually
Some definitely do, most definitely don't, I've used dozens of different sites over the past 8 years.
Dream, Empire, Agora, Evolution, SR1, SR2 to name a few..
Currently use Versus.
It's simply not in the interest of the average user (buying a few grams of whatever) to care above anonymity when there are barely any risks associated with it in most developed countries.

>>25121497
>2013
Why should I buy Bitcoin it's only used by criminals to buy drugs
>2020
Why should I buy Monero it's only used by criminals to buy drugs


This is literally your last chance to do it all over again. History repeats itself and you find yourself in the perfect position to actually make it and quit wageslaving.

Don't fuck up again anon.

-OSOP-

>>25121497
If atomic swaps worked as advertised who the fuck would hold xmr at all? It would only be used as a reliable anonymizer for btc transactions. Bitcoin just needs an incognito button not a fucking whole other coin to compete with and confuse people on what to use.

>>25121497

Getting your wealth out of a crashing fiat currency, when panicking government imposes punitive taxes and capital controls. Other cryptos will be tracked and traced, and those who try to use them for this purpose will be in for a nasty surprise.

Monero is the only liferaft without holes in it, but the markets haven't even realized they're going to need a liferaft yet.

>>25121497
Does this piece of paper have any other use besides illegal activity? Why not use yr credit card to buy everything?

>>25121497
>There is no active development
ROFLMAO
>no smart contracts
don't need that nonsense Skeet

it is exactly what people thought bitcoin was, nothing more, nothing less.

>>25122499
you are right, but for usecases where this is relevant it can't be viable with PoW either, can it?

>>25122953
A fungible token has no mining issues. I believe the US government will regulate POW by telling miners located in G7 countries that they can’t include blacklisted UTXOs in their blocks. Miners have discretion about which transactions to include in blocks and the government could easily force them to filter out blacklisted UTXOs from a database before selecting TXs

money laundering
so that's the City of London, Switzerland et al using it too

>>25122724
lots of retard people

>>25122323
Global illegal drugs trade has a GDP of 36 trillion USD. Even if its "just" used for buying drugs its still has a lot of potential for growth. Don't forget about illegal weapon trades, terrorism money, sexual slavery, etc.

>>25121497
>no plan to transition to PoS (which means fees would get very high if it becomes popular).
Fees actually go down with number of transactions. They consciously choose against pos.

>No active development
Yeah. Only like 8 new version releases within the last two months.

>>25121497
most brainlet post ive ever read trying to shit on xmr

>>25121497
>Does this coin have any use other than buying drugs?
Protecting your wealth against tyranny in government?

>>25122906
incredibly based and simplified

>>25122823
i use whm and it only accepts monero

>>25121497
the jews have tricked people into thinking of crypto like stocks instead of P2P currency that eliminates their usury slave system. quit falling for the hype pumps, about "smart contracts" and other retarded "blockchain technology, not bitcoin"-tier thinking; which distracts from the true killer app of crypto - P2P currency. BTC, NANO, XMR.

>>25125179
extremely based post
the core of cryptocurrency is decentralisation to prevent BRRRRR from Jewing the population out of their wealth
XMR goes one better and makes it private, seriously who the fuck would use bitcoin if everyone can easily trace your every move

>>25122848
shhhhhh let the newbies play around with their PoS erc20 meme tokens and miss out again

>>25122856
Ohhhh u have a lot to learn bitcoin maxi pad.

>>25122823
And yet the largest dnm only uses monero and moneros adoption is provably skyrocketing.
https://bitinfocharts.com/comparison/monero-transactions.html
>>25122856
Lmfao. What a brainlet.

>>25122858
This. It's mostly about tax havens, XMR is the only viable path in crypto for people to wash funds if they want to do that, and there's probably a big market for that. Once the IRS gets better technology and starts really tracking Uniswap, etc, XMR will rise in value

>>25121497
Monero is the only crypto with any use case. Digital money.

>>25121702
>Truly the shittiest community in crypto.
what do you expect its used by drug addicts and pedos

>>25126289
Do people actually fall for bait this dogshit?

>>25126428
biz simultaneously shills and fuds every coin, you should be used to it by now, its how 4chan works, its your job to filter