/biz/ - Business & Finance

Considering the shadow economy is worth over a trillion dollars and is not going anywhere I would say it does

Probably, I just sold everything

Yes but not yet maybe like 2-3 years down the road we see some action

it's only gonna get stronger with time, the masses are starting to long for privacy

>>26314199
>only real currency rn
>Does Monero have a future?

>>26314687
My long term funds are on Monero, I was just asking to see if I'm just larping

>>26314199

As long as black markets, tax evasion, money laundering and rouge states exist, absolutely.

Too bad there's no way to convert considerable amount of xmr to legit cash

>>26315083
>Too bad there's no way to convert considerable amount of xmr to legit cash

With atomic swaps it'll be easy: swap into smaller amounts of BTC and cash out over time.

>>26315083
either buy stuff with it or localmonero exists

>>26314861
this
you either let it grow within the dark web and illegal spaces or you accept it in the mainstream. it's a win-win.

This is my biggest fear. What is stopping governments from blackmailing or killing the XMR lead developers?

>>26315238
killing them won't stop Monero, atleast not anymore

>>26315200
can you tell me some sites that I can use it on

>>26315238
they could go to countries with no extradition agreement with those govts

>>26315305
xmr.to lets you shop using monero, localmonero is for monero to eur/usd

>>26315305
https://www.getmonero.org/community/merchants/

>>26315364
>>26315390
sweet

>>26315414
i brought a couple hats with monero

>>26315281
>>26315343

I don't know how idealistic the developers like Fluffy Pony are, but I doubt he wants to be forced to move, or die. The threat of death to all his loved ones might be enough to convince him to sabotage the software. I don't think most people realize how far the banksters who control gov't are willing to go.

>>26314199
yes. it IS the future.

>>26315577
yeah, point is sabotaging it is really really hard and someone would notice almost immediately, that's the point of having everything decentralized and open source

>>26315577
When I say sabotage the software, I mean like convincing the other developers to adopt a feature that seems good on the surface, but faulty on further examination.

>>26315577
then they would pass the torch to developers who would be willing to move. i'll do it for the right [unknown amount] desu

>>26315634
it's all open source and changes are reviewed by independent observers and developers
it would be hard to push through something seriously catastrophic

I swapped for XRP just before this drop. Not sure if I am in a better position xD

running full node feels comfy

XMR has in infinite supply so who's to say the devs will never be compromised and flood their pockets?

Well isn't this lovely...

https://markets.businessinsider.com/currencies/news/bitcoin-price-cryptocurrency-should-be-curtailed-terrorism-concerns-yellen-2021-1-1029985692

Her broken logic is besides the point. Monero has a massive bounty coming for it in the coming years. Fuck the feds.

>>26315983
>XMR has in infinite supply
Jesus not this shit again. What is it, 2016?
>compromised devs
The entire project is open source.

>>26315238
>This is my biggest fear. What is stopping governments from blackmailing or killing the XMR lead developers?

There are 7 lead developers: 5 have chosen to remain anonymous while 2 have opted to make themselves known.

So the government could "get" only 2 and others would undoubtedly take their place and remain anonymous from there on out.

Monero devs are crypto and OPSEC experts, these people know how to stay hidden.

>>26317367
That's reassuring. Long live Monero!

Guys I know nothing about investing in crypto but I know about Monero from the black market and that's what makes me wanna buy. I'll probably accumulate and wait for it to boom, it's the only crypto I really want. And maybe link, but I need to research that one more.

>>26317803
welcome fren. from my perspective you have missed the boat with chainlink, but there's still time to accumulate monero

>>26317803
welcome to the club! i'm in kinda the same boat, came for monero and am picking everything else up along the way.
look in the general for an exchange you can use(preferably non kyc), and use that to either a) buy monero, or b) buy bitcoin and exchange that for monero.

Just buy some and throw it in a cold wallet, it's impossible to predict how it will go.

However, if you are looking for quick gains, then this is not it