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/biz/ - Business & Finance

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25203148 No.25203148 [Reply] [Original]

Hoooly shit. there is so much untapped potential in this.
>a qTrade or TradeOgre exchange except of being a btc exchange its based off the monero
reasons i thought of this: bitcoins only value is a margin trade coin. i personally wouldn't care if everything was denominated in xmr instead, it would feasibly replace the former.

The exchange will still require KYC. Before you complain, it is for obvious reasons, and that that is not the priority. By using monero you could privately send funds to the exchange and only the company is aware of you. no more "whale alerts". if you don't see why monero would be better with this 1 small change compared to bitcoin i don't know what to say. also monero has good inflation, so that there can always be a competition and healthy growing economy of exchanges and services in monero.
If you are a software engineer or security expert it should be an easy capitalist adventure

>> No.25203934

>>25203148
Yes this is the next logical step. Monero is the real bitcoin and as such it will take over bitcoin's markets one by one. At the moment it is taking over bitcoins first use case, darknet markets. Next it will take over trading markets, as you say. Also note these were the basis of the 2013 and 2017 bull runs respectively. Once XMR takes over as the safe haven for money (privacy is so fundamental for this people wont believe btc was ever considered for this) Monero will have well and truly over taken btc as the undisputed digital currency.

>> No.25204065

>>25203934
this. if its a good idea than it is only a matter of time. also community coins need more community projects to show its worth and support