/biz/ - Business & Finance

First

PREVIOUS THREAD: >>49796697

STOP MINING IN MINEXMR
>START MINING IN P2POOL
STOP MINING IN MINEXMR
>START MINING IN P2POOL

P2Pool combines the advantages of pool and solo mining; you still fully control your Monero node and what it mines, but you get frequent payouts like on a regular pool.

P2Pool has no central server that can be shutdown/blocked because it uses a separate blockchain to merge mine with Monero. There's no pool admin that can control what your hashrate is used for or decide who can mine on the pool and who can't; It's permissionless!

Decentralized pool mining (P2Pool) is pretty much the ultimate way to secure a PoW coin against 51% attacks. When P2Pool reaches 51% of the total network hashrate, Monero will be essentially invulnerable to such attacks.


YOU CAN NOW MINE IN P2POOL DIRECTLY FROM THE MONERO GUI WALLET!

If you have a PC or laptop:

1. Download Monero GUI
https://i.imgur.com/ZGefPef.png

2. Pick 'Advanced' mode
https://i.imgur.com/4c0uSE4.png

3. Set up your wallet
https://i.imgur.com/4lMKh00.png

4. Keep the default Daemon settings "Start a node automatically in the background"
https://i.imgur.com/maACmmT.png

5. Once sync'd, go to Advanced->Mining and pick 'P2Pool'. If you have a laptop or low-end PC (~50 kH/s) pick "Mini" pool, else pick "Main"
https://i.imgur.com/E60JeMG.png

P2Pool-compatible remote nodes if you do not have your own local copy of the blockchain:

>p2pmd.xmrvsbeast.com - (Western Europe) (rpc-port 18081, zmq-port 18083)
>myxmr.net - (Northern Europe) (rpc-port 18081, zmq-port 18083)

OTHERWISE SWITCH TO A SMALLER POOL, IT TAKES YOU 30 SECONDS AND YOU CAN JUST SOURCE A DIFFERENT CONFIG FILE IF YOU DON'T WANT TO FUCK UP YOUR EXISTING ONE.

Many inexperienced miners think that big pools give better profits which is not the case. Your profits in the long run depend only on your hashrate, not on the pool's hashrate.

https://web.xmrpool.eu/xmr-monero-easy-mining-guide.html
https://monero.hashvault.pro/en/getting-started
https://www.supportxmr.com

*****/XMR/ Monero General Info-Dump*****
>*****/XMR/ Monero General Info-Dump*****
*****/XMR/ Monero General Info-Dump*****
>*****/XMR/ Monero General Info-Dump*****


Learn more about Monero's key features and excellent future prospects, have some common misconceptions dispelled and discover the cold hard facts about Bitcoin, Zcash and PirateChain. Also featured is a noob-friendly buying, storage and wallet guide.


>Monero: it's what new Bitcoin users think they bought. Every feature, explained
https://moneroinfodump.neocities.org


>Why Monero is so untraceable: a rundown of the powerful stealth tech Monero utilizes
https://moneroinfodump.neocities.org#MoneroIsUntraceable


>The Writing on the Wall: Monero replacing Bitcoin as the new standard
https://moneroinfodump.neocities.org#MoneroReplacingBitcoin


>Breaking News: no, Monero still isn't traceable
https://moneroinfodump.neocities.org/#RecognizingTraceabilityFUD


>Vaporware: why nobody is worried about CipherTrace's magic crystal ball
https://moneroinfodump.neocities.org#CipherTraceFail


>Very Clever Math: how we can verify that the XMR supply isn't being inflated
https://moneroinfodump.neocities.org/#MuhInflationBug


>Pssst, wanna buy some Monero? Follow these simple how-to guides
https://moneroinfodump.neocities.org#BuyAndStoreMonero


>Bitcoin: The Original Non-Fungible Token
https://moneroinfodump.neocities.org#BitcoinBlackpill


>Why Monero is Better than Zcash: the "privacy coin" criminals won't touch
https://moneroinfodump.neocities.org#ZcashBlackpill


>The Lowdown on PirateChain: why this Zcash clone is considered a scam
https://moneroinfodump.neocities.org#PirateChainBlackpill


>LATEST UPDATES

- added Proof-of-Stake update to Zcash Blackpill
- added list of available desktop/mobile wallets
- expanded all sections with more relevant info, graphics & videos
- added easily linkable headers and sub-headers (link icon to the far right)
- added a new section about traceability FUD

Secure, private, untraceable MONEY.

Never forget what this is ultimately all about.

>The irrational exuberance of cryptocurrency investors

Irrational exuberance is characterized as a hype-fueled mania that causes investors to massively overestimate an asset's real-world value. In this delusional state, investors tend to become so smitten with expectations of greater profits that they disregard the assets’ potentially weak fundamentals and drink the proverbial Kool-Aid.

This then leads to them recklessly and repeatedly buying into whatever asset is currently rising in the charts, thereby triggering and/or sustaining an asset bubble. This bubble is kept inflated solely by the mass delusion that the market price is justified and will only keep going up in future, effectively becoming a self-fulfilling prophecy. Note that bubbles can last for years, especially in an age of easy investor on-boarding. However, when history inevitably repeats and the bubble bursts that optimism invariably turns into panic as the asset crashes back down to its real-world value.

In finance, the "greater fool theory" suggests that one can sometimes make money through the purchase of overvalued assets—items with a purchase price drastically exceeding the intrinsic value—if those assets can later be resold at an even higher price.

In this context, one "fool" might pay for an overpriced asset, hoping that he can sell it to an even "greater fool" and make a profit. This only works as long as there are enough new "greater fools" willing to pay higher and higher prices for the asset. Eventually, investors can no longer deny that the price is out of touch with reality, at which point a sell-off can cause the price to drop significantly until it is closer to its fair value, which in some cases could be zero.

This effect is often further exacerbated by herd mentality, whereby people hear stories of others who bought in early and made big profits, causing those who did not buy to feel a fear of missing out.

>No tail emission = Bitcoin is fucked

Right now, at the current hashrate, miners break even on energy expenses at a BTC price of $22K. Post 2024 halving, that break even point, at the current hashrate, goes up to $44K. If BTC does not go to $44K, miners will be unprofitable and hashrate will have to drop (miners going out of business) to reduce the cost of securing the network, also reducing the security.

If you know anything about the power of 2, you already know that things get very big, very fast. If we’re 3 halvings into 32 total halvings, then the estimated break even point for miners at current hashrate going into the last halving would be:

$22,000 * (2^27) = $2,952,790,016,000 per BTC

$2,952,790,016,000 per BTC * 21 Million total Bitcoin = $62,008,590,336,000,000,000 BTC Market Cap

The block rewards shrink so fast that after enough halvings Bitcoin would eventually require a $2.95 trillion price per Bitcoin and a $62 quintillion market cap to sustain the current cost of $7.15 billion/year.

Even if these numbers were somehow realistic, can you imagine securing a $62 quintillion market cap on only $7.15 billion/year of hashrate? LOL.

And that’s assuming energy costs do not increase at all over the next 120 years, which they will.

So basically BTC mining will eventually become so unprofitable the hashrate (network security) will shrivel up UNLESS it is subsidized by BTC transaction fees.

https://cryptostackers.substack.com/p/bitcoin-is-not-a-store-of-value

I think monerochan should meet plebchan. One day niche marketplaces will be held on uncensorable subplebbits and monero will dominate there

>>49861708
Based, I'm a pleb and xmr holder, they are perfect together

>>49861194
It's about Monero-chan, right?

did i miss the sale? should i buy?

>>49861900
>XMR still under 4figs
I think you just missed the sale within the sale.

Is monero mining considered good for higher end cpus? Currently have an old Ryzen 1700 and with this recent bear market was thinking of upgrading some of my PC parts including my cpu. Is it worth buying a used high end Ryzen CPU bros?

Learned that my Grandfather has passed. Estranged from family for years, no contact. I'm told he was asking about me a lot in the days before he died. Hopefully I'll see him again in heaven.

https://youtu.be/dDme7DuFMAI

>>49862715
unless you can get electricity for free you will break even at best. ryzen 9 is the best at mining monero. i would look up a build that someone else has made and just copy it. if you do decide to mine host a node and mine in p2pool.io

first time long time, list ways to acquire monero without kyc

mining obviously a good idea, but what if I wanted to turn USD in an American bank account into Monero without paying exorbitant premiums or needing an established reputation, and without possessing the identification necessary to start an account on Kraken.

am I basically in a situation where I mine or give hand jobs for monero at the gas station? thx for answers

Just a quick redpill about fiat.

>>49863965
Causality is backwards here. Disconnecting fiat from backing resources is just a way to "default" on loans at the national level without flat out saying you're defaulting. Countries default when their economy is already starting to fail.

bump

based bump
>>49863965
death to fiat

>>49865658
>CUKE
Either you're a cucumber today, lebanon, or you were very close to being cute.

>49865696
kek, thank you friend

Don't forget to mine on P2Pool (Mini)

>>49863879
read the first post fren, you have a list there. look at orangefren.com too

>>49861021

How would anon proportion a folio of: XMR, Ag (physical), ETH, BTC.

>>49867446
50% XMR
50% Ag (physical)
0% (((BTC)))
0% (((ETH)))

>>49867446
60%, 20% , 20%, 0%

Better off flinging monthly shitcoins than touching BTC at any rate

>>49867446
>XMR, Ag (physical), ETH, BTC.
Depends on your location.
Here is Germanistan I would do
XMR-40
Ag-20
Au-20
Fiat-10
BTC (if they are pure) - 10
If you are interested in pf during hyperinflation and social turmoil, join us at: /GHG/ Global Hyperinflation General
>>>/pol/383245460

>>49867446

20% xmr
20% ag
0% eth
0% btc

Keep the rest in cash til you figure out what to do with it

https://bitinfocharts.com/comparison/monero-transactions.html#3y

Is this number correct? Only 30k transactions per day seems really low to me

>>49863879
Kucoin doesn't need kyc for withdraws less than 1(?) Btc in value i think - you can just do that daily

>>49867540
>>49867555 (witnessed)
>>49867576
>>49867628
Thx, anons.

Stealing our memes

>>49864982

Proposed polyseed upgrade looks great. It is slated to reduce the seed word mnemonic length from 25 to 16, plus, it will contain the wallet restore height so that we don't have to store that info separately.

>>49867446
40% XMR
30% physical gold
20% physical silver
10% physical cash

>>49867973
>look at what they do to mimic a fraction of our power

>>49867446
>XMR
0%
>Ag (physical)
0%
>ETH
0%
>BTC
0%
i'd lose it all in a boating accident

>>49868532
On gold, there was a chart in the SETF threads that showed 32-34ozt was the quant top 10% of ownership in the world.

>>49868841
34 ounces is the top 10% of gold ownership? That sounds extremely generous, I'd have expected even just an ounce of gold to be in like the top 0.1% or less.
Or am I misreading your post

>>49868841

whats your favorite monero competitor coin or project? im thinking of adding a small amount of privacy alts to my stack. i see coinmarketcap listing rose as a privacy coin but from my research i dont see any real privacy features from it so it seems kind of bs. is xst the best right now?

10% of owners, not global population

>>49869132
Even that feels generous. 10% of gold owners are stackers with multiple ounces? I'd have expected easily 99%+ of people who own gold to just have a few pieces of jewelry.
Aren't wedding rings normally gold for that matter? I find it hard to believe that people with gold wedding rings would outnumber entities with large gold reserves by merely a single order of magnitude.

>>49869086
>whats your favorite monero competitor coin or project?
None really. WOWnero if you want more volitility and potential short-term upside, not as a serious investment though (no more in than you would want in Doge).

XMR is not a speculative asset but it is one I want exposure to in case I ever need to leave the US. How % of your portfolio is XMR?

>>49869337
50% BTC ('cuz a lot of greater fools out there)
50% XMR (for combating the globohomo order)

>>49868973
Thx, anon. My heresay was incorrect.

>>49861000
Hello fellow drug consumers.

>>49869086
Firo

Long history, and despite some bungling the team's head is in the right place. It IS a different place than XMR, which I don't regard as a bad thing - but it is not adversarial.
It's about as much of a shitcoin as XMR has been. Privacy layer is different, and most importantly OPTIONAL, which is unfortunate, but I'm still understanding the burn-wrap fungibility/privacy mechanism. Maybe for anyone outside of whales it is sufficient for privacy. Maybe it's worthless in all cases.

There aren't many options though, and while I'm still getting my head around Firo's fungibility/privacy, I think the team working on it is at least rightly motivated. Been putting in a lot of work as well, so it's not just an old coin that kind works, but is actively improving and trying to address shortcomings of its own security and network. For better or worse.

If nothing else, something to keep an eye on. Sometimes best privacy is just obscurity.

>>49869869
>Firo
>masternodes
Into the trash it goes.

>>49869944
not I said I am still understanding

Less adversarial. Elaborate.

>Bitcoin isn't fungible, the govt keeps blacks lists of every satoshi and wallet ever made and will freeze your funds and put you on hormones if they catch you using crypto to actually buy something
>Proof? Here look at my schizo wall and take a copy of this manifesto, yeah I wrote it out on a napkin it's all I had

>>49870114
nigger bait.
go look at a block explorer or something.

>>49869869
yeah i came across them in my research. it seems like the project is chugging along but its so small literally like 4 malaysian dudes and their forum has like 2 fanboys that post daily and thats it.

>>49869944
>>49869944
from what i read they havent agreed to use masternodes i thought they were putting that up for a vote before implementing it. also anyone can be a masternode they just have to own enough coin or whatever, i dont think they have even decided on the mechanism yet last i checked

>>49870206
>but its so small literally like 4 malaysian dudes and their forum has like 2 fanboys that post daily and thats it.
kek. true.

>>49869414
You're welcome fren

>>49869086
Not really. One of the reasons i allegedly started buying monero is because it provably does what it says it does. The rest of the coins in the privacy space are experimental, untested, or failed testing.
Oxen seems interesting, but the tokenomics are too hard for me to understand. Also, i'm fairly certain that if it were just as secure as tor, a few darknet markets would have popped up by now. Even emercoin hosted joker stash til it was shut down, why not on lokinet? As an aside, i haven't used lokinet or session so i can't say how good or bad these products are.
Dero sounds good until you realize no one has built anything on it yet so there's no way of knowing if it works as intended. It's all big words and empty promises until one of the devs decides to nut up and put a few games or nftson there as proof of concept
No one uses zcash's privacy features with the sole exception of miners, which makes it all but useless. Even with the new upgrades making privacy the default, exchanges will more than likely reject coins unless you turn it off.
Grin/mimblewimble proved to be not enough to stop a determined adversary after that one guy tried to use it to launder his stolen crypto. That throws litecoin and tornadocash(i think he used this too?) out the window too, sadly.
Meanwhile, monero just werks.

>>49870241
It's been decided - miners basically didn't vote, which was part of the problem, the miner network on Firo was low commit. Basically only node operator's voted
Otherwise, yeah. Masternodes on Firo can be started for all of like $1500 in Firo. It's practically nothing for a network stake. Which isn't so surprisingly, given the state of the network. Block reward change went into effect maybe a week ago. Seems to have reversed course for the coin price if nothing else, but I digress.

Anyway, it's shitcoin investment tier, little different than xmr. I just don't think the idea of all hedges in one basket is a swell idea, and there aren't many options in privacy space.

>>49870608
Yeah Oxen/Loki/Session seems interesting on paper but I haven't seen any evidence of it actually being proven. And haven't had the time to really review their claims in-depth.

>>49869086
Nym might be worth mentioning, as the only mixnet implementation I'm aware of that actually has working nodes rather than just an academic paper with no code. However ironically I don't like that it has a token at all - I see no reason for it to be a blockchain; why not have just Tor but better?

>>49867804
Looks right to me. King shitcoin only has about 300k transactions per day, 30ks transactions per day is nothing but we still need 10x more to beat bitcoin, to beat eth we need 60x, at that point the blockchain would get really really bloated.

Reporting in

tor irc- https://pst.klgrth.io/paste/tzm4s
Aliases- https://pst.klgrth.io/paste/bjbx3
Extras- https://pst.klgrth.io/paste/daxte
Nodes- https://pst.klgrth.io/paste/ke2k8
Mining- https://pst.klgrth.io/paste/c7na4

>spent all my xmr on *r(gs again

I know this is a biased place to ask but is this a good buy right now? I'm about to get a $3k tax refund and want somewhere pretty safe to put it while everything is on fire. Does XMR have a bright future?

>>49867446
>95% XMR
>5% Ag

that's it.

>>49871601
>at that point the blockchain would get really really bloated.
Isn't adoption the goal though? Does Monero only work as "digital cash" right now because its blockchain is so unencumbered with so few transactions - would (hypothetically) flipping Bitcoin inevitably mean giving up the current low-fee aspect?

>>49871718
What is that? Explain to newbs

>>49872498
>would (hypothetically) flipping Bitcoin inevitably mean giving up the current low-fee aspect?

No. Mining fees are low by design thanks to dynamic blocksizes, but the size of the blockchain would blow up since monero transactions are ~8x the size of bitcoin's. It would mostly mean more pruned nodes on the network

>>49872498
Blockchain scaling remains, to this day, the one big pain point in Monero. Fees would probably stay low, it would just get more expensive to store the chain.

Yes, it's the dev team's #1 problem, no, there's no solution ready to deploy yet.

>>49872641
what is what?

>>49872997
Your link.
Is it a method to set up tor?

>>49873067
https://www.youtube.com/watch?v=yveTy-mf3u8

>>49872837
just build an L2 rollup zkp payment channel commit network lmao

>>49873067
no, it's an IRC over TOR.

>>49872454
Admirably bold, anon. Make it stacks for Ag and Au are 10,000 and 54-64ozt. Really tired of anti-white economic terror.

>nobody knows who was behind mt gox trading bots during 2013 bubble
>bitfinex and tether show up after mt gox shuts down
>ethereum cant scale ever yet we have hundreds of billions dollars in defi
>terra luna blew up awhile back and people think its the bottom now
>FED will probably not stop raising interest until next year earliest
>FTX is bailing out a yield farm like blockfi using money they made off leverage
>bitcoin was meant to solve problems of 2008 leverage crash in mortgage back securities

Forget cycles bullruns and bear markets. Where is the monero bottom when the real leverage crash hits? Were the crypto market makers already decided before mt gox was even made and halvenings are the biggest psy op made in finance?

>bee mee
>send currency to CEX from third-party foreign exchange account (clueless)
>deposit returned
I missed the ultracheapies, and I had a personal foreign exchange account too, just haven't thought of buffering my funds through it.

>>49871601
>>49872803
why do people care about the size of the blockchain in the future? every year disk/storage gets cheaper and faster, bandwidth also gets cheaper and faster, so it will not be a problem
get a gf

>>49876258

Threadly reminder that Monero is the cryptocurrency of choice for Big Cocaine.

>>49874552
erciccione raging

>>49876258
It's the only part of Monero that's inelegant/a potential problem. Storing everything for all time works for, like, Facebook. But we're just a bunch of random guys with spare computers.

>>49868432
who issued the money before they took over?

>>49876702
>It's the only part of Monero that's inelegant/a potential problem.
Agreed with the possible exception that (supposedly) Monero's codebase is a little rough around the edges. I don't know enough about programming to say but I have read on github numerous times that it's a bit clunky but since it just werks and there's so much riding on not breaking Monero the devs have decided to leave it the way that it is.

>>49876872
>who issued the money before they took over?
God. Ag, Au.

>God gave man reason.
>Man used reason to discover God's math.
>Man made XMR.
>Monerochan unironically God's gift to man.

>>49876454
>italy
>photo is of spanish or mexican or whatever police
article was 100% written by an amerilard

>>49877558
he doesn't know the italian mafia has business outside of italy imaginary lines

>>49877695
>imaginary lines
Found the globalist kike.

>>49876872
Read The History of Central Banking anon

>>49877766
if you only knew who drew those lines

>>49878749
>if you only knew who drew those lines
The Roman Empire?
https://en.wikipedia.org/wiki/Roman_Italy
The House of Savoy?
https://en.wikipedia.org/wiki/Unification_of_Italy

Is pic related an “atomic swap” I see an exchange button in the app. So I can send one shit coin to this app, transmute it to another shit coin with ease? No huge extra fees?

You can't grow wealth with something that can't be adopted. Have fun trading 8000 XMR for $20 worth of weed in 2025. At least you'll be super secret though!

>>49879821
> At least you'll be super secret though!

Oh your god damn right about that. Secret as fuck. I’ll have muh weed even if we become as oppressive as China.
You talk about “wealth building” like a moonfag. There’s always stocks for moonfags. Monero is there to be spent and used as currency. Lurk more. We don’t care if 8000monero buys 20 USD weed in 2050. So long as we can get our weed without government interfering.

>>49879988
Stay poor, even chainlink would've made you guys millionaires instead of buying a crab coin

>>49879701
it's a swap, not an atomic swap though. It's carried out by a centralized service.

>>49879988
>We don’t care if 8000monero buys 20 USD weed in 2050. So long as we can get our weed without government interfering.
this
if I could just buy food without worrying about the govt it would be the best thing ever
moonfags out

>>49880119
agreed, monero is such a cult.

You don't have to buy a coin to care about privacy.

>>49880294
>You don't have to buy a coin to care about privacy.

>>49881289

Plz don't stop

>>49879701
>>49880207
Pic is a peer-to-peer atomic swap of anime saliva in progress.
>>49880285
Don't care about moon, but losing 70% of value from when I bought is bullshit for any currency come on.

>>49861140
Limited. My thoughts with secure anonymous are along the lines of on-chain privacy. Will be nice to privately trade altcoins without traces on block explorers.

>>49881323
Fucking OVER

>>49872837
Checked

when're we getting rich lads?

so when we getting 10 trillion market cap lads

Mental Outlaw is shilling Monero again.

https://www.youtube.com/watch?v=uAutGsrEWSw

>>49871718
based

>>49877558
that's no spanish on their uniforms

>>49881289
Buy signal.

>>49867446
85% BTC
10% XMR
5% Gold
0% ETH

>>49867446
2% eth
8%btc
20%xmr
40% AU
20% Fiat

>>49867446
Picture related is my folio.
Maybe a bit heavy on the silver.

>>49886633

I have so much fucking wownero it's unreal

>>49861000
Is there a site you guys can recommend me to exchange my services to crypto? Like if someone does design, marketing, etc and wants crypto in exchange, preferably xmr, where do I go for that?

>>49887847

https://www.reddit.com/r/moneromarket/
https://monerica.com/

>>49887877
Thanks, I’ve been trying to find alternatives since I’m trying to make some change on the side and reddit’s Jobs4bitcoin isn’t really a good sub; no one wants to pay for anything and everyone wants a gig there like I do

>>49863965
My grandpa gave me this before he passed away. I keep it as a reminder of the past.

I thought owning monero would feel cool, but spending a big number for a small number feels shitty

>>49888585

That's because your mind is acting small. You are still a slave to fiat. You need to give up that the 'dollar' exists for any reason other than to acquire REAL money (gold and silver), or to acquire the ONLY crypto that acts as money, Monero. You need to throw off your oppressive shell and be free. The only one holding you back is you.

>>49880207
So if I convert bitcoin to monero, then transfer that monero to a different wallet’s subaddress I’m still at least 40% tracable/anonymous? I say 40% cuz you’ll never be 100% untracable and anonymous.

>>49870114
They literally do keep track of the whole blockchain though

>>49888651
Yeah you're right. I just wish I could clink it in my hands you know?

>>49877766
What wrong with seeing yourself as a global citizen?

>>49880294
>It's ok, let me bend over and get fucked by the government

This is you.

>>49887593
Nigger

>>49888585
But shrooms and you ill feel a lot cooler.

As of now I’m just holding the XMR I buy on kucoin and I know that isn’t exactly wise. Would I be better off if I just got a hardware wallet and just sent it there? Basically leaving only degenerate shitcoins on the exchange to sell pumps to buy more XMR and PMs. It’s all I use crypto for anyway but monero is really the only one I want to actually have, and on an exchange I never truly (((have))) it.

>>49889026
Shouldn’t keep ANY coins on an exchange. Move them to private wallet immediately.

imagine what we could do should we ever get our hands on dalle2 or similar quality word to image ai

>>49889334
Why?

>>49889026
Run a full node instead of keeping your monero on exchanges. When you run your own node you get the most privacy and you actually own your coins.

>>49870608
>Grin/mimblewimble proved to be not enough to stop a determined adversary after that one guy tried to use it to launder his stolen crypto. That throws litecoin and tornadocash(i think he used this too?) out the window too, sadly.

Are you happen to know anything about Beam coin? It's a another privacy focused coin that looks kinda interesting

I'm having issues establishing a local node on tails through TOR. I've followed the reddit guide exactly. I've created the start-daemon batch file. Run the "sudo iptables" & "TORSOCKS_ALLOW" script but it's still giving me an 18081 error in the log. Wtf bros? I just wanna be a moneronode chad and make it

>>49890334
Me too… I got my own node. But so far haven’t taken the ultra monerochad leap of running a node thru tails which forcibly runs everything thru tor.
How the fuck would one connect to it? If your IP is obfuscated how do ya connect to a node your running on tails? I haven’t tried connecting to my own node from a location other than where my node is at yet. But I’m assuming ya just connect by typing in IP of your machine?

>>49890512
In the wallet, if I select 'remote node' I can connect to 127.0.0.1//port: 17600, which I believe is sync'd to the daemon running on my device. However, in order to mine blocks I need to be in 'local node' mode

>>49890830
Hmmm so you don’t mind if I connect to YOUR node do ya? With my cake wallet while I’m out buying crack?

>>49890925
I wouldn't connect to my shitty abo of a node. You will lose all your funds

fuck bitniggers

>>49886675
Looks great! Personally, I would remove bitcoin because it is a speculative "asset". Monero already does it better in every way.

If monero is "money" how come line goes up and down so much. Pretty shitty money. Money is supposed to be stable.

>>49892889
>If fiat is "money" how come line goes down and down so much. Pretty shitty money. Money is supposed to be stable.
Ftfy.

>>49888212
Your grandpa seems like the kind of person I would enjoy being friends with. Thank you for sharing this.

>>49892889
cuck bait

>>49892889
Still way too coupled unfortunately
>>49892977
>>49893139
>but fiat does that too!
Monero is literally supposed to be better than fiat. I mean of course the convenience is better than cash (being the closest thing to true digital cash, or arguably perhaps even better), but right now the actual value is so volatile that you're almost better off holding fiat cash and only buying into monero to make a digital transaction. Even with today's (((inflation))).

Long term of course the hope is that it will beat out the inflation easily, but right now the tokenomics matter jack shit if the price is determined by speculative pumps that just cause it to go -70% over a month despite <2% inflation, while fiat with its like 10% inflation happily sits at -10% per year accordingly.

>>49892533
And further to the above, I'd say right now the prices of everything are quite speculative. If you want actual "stability" you're basically restricted to normal finance, whether stocks or cash.
With monero you're buying into the long-term adoption of the tech, but with bitcoin you're buying into continued institutional pumping, so I'd say there's a good reason to have a bit of it in your portfolio (<10% is totally fine, I'd say).
Of course ultimately that's down to opinion, but this would be my argument for holding bitcoin.

Is this something to be worried about?
https://tornado.cash/
Does it make Monero obsolete?

>>49893403
have you been living under a rock or something

>>49893403
yes

>>49893872
>>49893751

>>49871116
Lokinet on Oxen is literally using oxen staked nodes to be Tor but better (faster already, lower latency) and can take anything you can put in an IP packet and onion route it to the destination, more than Tor can do. Token benefits by making Sybil attack resistance higher, which Tor is vulnerable to

>>49893336
>you're basically restricted to normal finance, whether stocks or cash.
Stocks are going to crash again so they won't be as stable, which is a good buy opportunity in the long term.
>bitcoin you're buying into continued institutional pumping
Proving my argument here, it's speculative. You're betting on something that may or may not happen. The institutional adoption also won't magically change its flawed fundamentals. You don't hold Monero, Gold, Silver (and cash) to make money, you do it to preserve wealth.

>>49893403
Does not pose even the slightest of threats.
https://decrypt.co/97984/ethereum-privacy-tool-tornado-cash-uses-chainalysis-block-sanctioned-wallets

>>49893904
>Sybil attack resistance higher,
Arguable. In a good network, as long as you've got one honest node then you're safe. (In an onion network, that means one honest node in your circuit. In a mixnet, I forget what the bound is, but it's even more lax.)
So what you need is a lot of honest nodes to make it as impractical as possible to overwhelm them with sybil malicious nodes. Now, who would be most interested in attacking a network like this? It's not Joe Nigger with his pocket hobby botnet; it's most likely well-funded intelligence actors. Meanwhile, who's interested in running honest nodes? It's not well-funded moonboy token stakers for sure; mostly it's Bob Average who will, if anything, get put off by the whole "blockchain" thing. Back in my day, you'd just run a daemon and that's it, none of this wallet or key bullshit, none of these dirty ponzi schemes!

Myself I'd probably be running a Nym node right now if it were a normal project, but I'm just not interested in yet another token.

>inb4 muh financial incentives
Most of this shit gets you like $0.001/week at most. That's not an incentive. I do monero mining "for free" already, but then monero is actually a currency so of course I have wallets setup and whatnot. A mixnet or onion network aren't currencies and I can't be bothered to treat them as such.
The only ways to make rewards not-pitiful would be to either a) require users to pay non-negligible fees, or b) have "rewards" paid out from minting shit. The former makes the network a paid service which I don't give a shit about, I want to run a node for the public good. The latter is just your typical ponzi scheme of minting tokens out of thin air to "airdrop" them as rewards and again it's not something that belongs in a serious project.

>>49893993
>Proving my argument here, it's speculative.
My point is Monero is also speculative. For all its "muh adoption" and "muh undervalued" it still tanked in the bear market pretty much like everything else. Which tells me that its pump earlier was also nothing more than just aping the bull market, not any sort of actual efficient market valuation based on its utility. In other words, it's OVERvalued, not undervalued.

What is the true market cap of Monero's utilisation right now? Let's say Bitcoin goes to $10 by the end of next month, Eth drops to $2, everything else follows suit. Where does that leave Monero? Do we end up with $0.05/XMR, or does the current use for it provide some kind of minimum market cap that lets it maintain some price floor? If so, what is that floor?
The other bet is that, whatever the current price, in some years its adoption will increase to the point where it will indeed have a significant market share of criminal markets and thus be valued accordingly. Ten trillion dollar market and all that. That is also a bet. Maybe it just, like, won't.

PMs are possibly the best store of wealth with the least uncertainty right now. But even cash is very unlikely to go into true hyperinflation at a global scale, so while the existing inflation makes it a bad store of value it's at least mostly non-speculative.

>>49893336
Didn't read, never selling.
Get better material, hylic. You'll have no more (you)s from me.

>>49894546
>Didn't read
Yeah I can see that because nowhere in my posts have I talked about selling anything.

Perhaps not. But telling someone to hold cash? In a time when countries are reaching 70% inflation pa?
You're a blind hylic through and through. Either liberate your neck from the laughable being that is you or figure out where your mum's decision to have another child went wrong.
Whoever you think you are, you're nothing but pathetic.

>muh metaphysical bullshit
"Countries" have existed with 10,000% inflation pa forever, this is nothing new. Do you believe the euro and/or dollar will reach 70% inflation any time soon? If so then even Bitcoin is a good investment.
I'm not telling anyone to hold or do anything, I'm stating observations. Something like 10% or 20% inflation rate would be gigantic for dollar/euro markets, and yet is still much smaller than monero's volatility.

I obviously don't own any monero but, hypothetically, if I were to buy in I'd consider now a good time to do so, of course. That's just common sense. But, still hypothetically, I wouldn't do this with the expectation of it having some sort of stable value that would beat inflation short-term. I'd do it with the expectation of possible extreme volatility. We COULD go to $30 yet, nobody knows. I'd also do it on the speculation that eventually it would still beat fiat by far. Keyword speculation, though.

>>49893403
>Does great complexity make monero obsolete

No lol

>I obviously don't own any monero
Why are you even here, then?
>"Countries" have existed with 10,000% inflation pa forever, this is nothing new.
History affirms that "emperors" of such places are quickly disposed of in a bid for stability. You're saying this shit to someone who literally lived through Yugoslavia's hyperinflation that four rebasements did nothing to fix. Where we were trading with marks and eggs instead. Go fuck yourself.

one of the graphs is btc price of them is xmr price.
muh fungibility muh money muh darknet markets muh value muh use case.
funny how the lines look exactly the same.

>>49881289
>SATS

>Why are you even here, then?
Are you saying anyone here actually owns any monero? I would certainly hope not. That would have unfortunate tax implications.
>History affirms that "emperors" of such places are quickly disposed of in a bid for stability.
I'm obviously not fucking saying you should hold that kind of cash. If you were in yugoslavia, holding yugoslavian cash would have been useless. If you're in zimbabwe there's zero reason to hold zimbabwe dollars.
Again, my personal opinion is that it's very unlikely the dollar and euro will reach anywhere near 70% inflation. And when I say cash I'm talking about those. If you believe they will, then yes crypto may be a good bet even in the short term. Otherwise, I'm obviously not saying to hold russian roubles or whatever ukrainians or zimbabwe dollars, you midwit. When I say cash I mean first-world cash backed by huge portions of the world's economy.

>>49894072

a lot of words to say nothing

>>49893993
>Does not pose even the slightest of threats.
LMAO, thank you!

>When I say cash I mean first-world cash
Nigger. Where the fuck is your unsolicited "advice" valid if your idea of cash is invalid for 83% of the world?

>>49895374
Can you retards fuck off?

Africans are irrelevant, chinese are irrelevant
The overwhelming majority of the rest of the world uses the dollar or the euro (and a small portion uses the gbp which is up there with those two in terms of strength), everything else is tiny in comparison

Yeah if your local cash is genuinely getting 70% inflation then no shit there is zero reason to hold it, you should be fleeing to literally anything, bitcoin, dollars, whatever, you don't need to be told to do that

>>49883830
UUUUUOOOOOOHHHHHHHH

Thanks for the reminder, just bought 1.5.

>>49890334
>>49890512
FOR FUCK'S SAKE STOP TRYING TO SET UP NODES USING TAILS, IT'S LITERALLY A LIVE OS AND FORGETS EVERYTHING YOU DO WHEN YOU TURN IT OFF, YOU CAN ACCOMPLISH THE SAME THING ON ANY OTHER LINUX DISTRO.

>LUKS ENCRYPTION
>TOR/TORSOCKS PACKAGES
>FOLLOW THE LITERAL GUIDE THAT WAS WRITTEN THAT EXPLAINS PRECISELY HOW TO ACCOMPLISH WHAT YOU ARE TRYING TO ACCOMPLISH
https://monerodocs.org/running-node/open-node-tor-onion/

JESUS FUCKING CHRIST, TAILS IS NOT A SERVER OS.

>>49894205
All of these questions are hard to answer because the what's backing monero, the people that want to use it to send private transactions over the internet at some point in the future, isn't as measurable as the guys with guns that will shoot you if you don't say it's valuable like the dollar is, or the immutable indestructible atomic structure backing gold. Add in things like stablecoins and it becomes even messier. So you're stuck trying to guesstimate it. Based on tx volume vs price history, $50 is my guess, but it could be wrong.
Is it speculating to think that storing value in the most battle tested network that allows you to make transactions privately and securely? Are some of us betting that even if the price tanks due to market forces, the darknet market simply isn't going to go back to the days of paysafe cards, rats eating their stored cash and paying massive premiums to launder their money? Sure, but it's not a bad idea.

>>49896252
You're fighting a losing battle, anon; I remember when Kali had to change the default account from root to a user that only got sudo access if you answered some simple question the first time you tried to sudo anything.

And people got mad and were like, "why would you do this on a live OS" and the Kali team was like "do you have any idea how many retarded 9 year olds use this stupid thing as a daily driver for some reason".

>>49896252
See this is the problem with monero.
Only right of the bell curb high IQ chars can properly use it lol.

>>49890830
>>49890512

127.0.0.1 is localhost, AKA "this machine", not an actually routable IP. If you tried to connect your wallet to 127.0.0.1 you'd get nothing unless you have monerod fully synced and running on that machine.

TOR is bound to localhost (127.0.0.1) and you can set up hidden services in its config file (/etc/tor/torrc/), those hidden services will generate .onion links which is what you'd use to connect to your TOR node, but you still need to forward ports on your router to use it outside of your home network.

>>49896385
Yeah I know I'm pissing in the wind but I'm certainly not going to say I didn't try and educate them.

>>49896552
I work on some privacy/decentralization focused things outside Monero (LibP2P, IPFS, etc) and the amount of idiot Crypto™ guys who flood into the forums is unbearable.

We're not using a blockchain you idiots; go away.

>>49896709
please be brutally honest with them and explain that blockchains actually kinda fucking suck and they're really only useful in niche use cases

Monero is incredible, but if something comes along that solves the same problems as a blockchain, but more efficiently, it's a no-brainer that we'll switch to that.

>>49896552
why isn't there a distro with all of that enabled and the official wallet ready for onion?

>>49896817
Someone posted a takedown of "private smart contracts" in this thread a while back and I know some anons have that saved.

I hate what blockchain bullshit has done to the P2P space, but maybe it's better we have normies buying scam coins than ruining that, I guess. At least we still have our private keys and P2P protocols.

>>49897029
It's really not that hard to set up, anon. Once you do it you'll be like "that was it?"

>>49897029
Because we're not there yet, I think whonix comes with a monero wallet, but that's meant for virtual machines.

It's much easier than you think.

You can even install linux to a flash drive so you don't bork your daily driver system while learning

>>49897106
Seconding this, also, you can start a virtual machine and give it a try without even having to reboot your computer.

>>49896062
If xmr is so good how come it crashed with the rest of them?

>>49897254
Because most of the valuation in the crypto space is empty speculation detached from any actual value, which is why going on price right now is really stupid.

Monero is the only cryptocurrency that has any actual use.

>>49897319
> actual use
Such use certainly hasn't saved it from crashing lol

>>49897440
Read my post; most of the valuation in the crypto space is empty speculation, take that away and Monero is in the top 5 coins with a price, of, like, $30.

>>49897254
>If amazon is so good how come it crashed with the rest of them?

>>49897254
>If xmr is so good how come there isn't a xmr 2?

>>49897660
Le kek. Great minds think alike.

>>49893403
Exchanges can still see that your money is coming from a mixer and will disable your account and seize your funds as it states in their terms of service. They even have automated systems for that it's called AML. With Monero there is nothing to see and thus there can be no argument about malicious source of funds.

It's nice to be able to DCA whole Moneros at a time for a change.

>>49899889
The only AML involved with Monero is Appalachian Meth Labs.

>>49900061
>It's nice to be able to DCA whole Moneros at a time for a change.
oh yeah, it sure is a sweet time to aquire some cheap xmr for future purchases

Do massive mining factories exist with monero like btc has?

>>49901446
botnets, hardware farms likely wouldn't scale well.

>>49901446
not really. No ASIC support means that it's not nearly as efficient even with a CPU farm.

>>49901446
No monero can only be mined on cpu architecture.

>>49876872
Traditionally national banks harnessed by a government that recognizes the civic service role of finance as distinct from judeo-oligarchic totalitarianism. In some nations, there was also monarchic influence and issuance; but I don't understand inner-middle temple workings well.

The Bitcoin shills are telling me that RGB on Lightning Network will have Monero level privacy and make Monero obsolete. Is this true?

>>49903008
>The Bitcoin shills are telling me that RGB on Lightning Network will have Monero level privacy and make Monero obsolete. Is this true?

lol no.

>>49861226
>>49867555
>>49903008
>>49861067
>>49903075
Wasting so much time and effort shitting on Bitcoin isn't going to get us anywhere. Both are fantastic for their own applications, and are infinitely better than all the other shitcoins out there. Why don't we call a truce, and focus on the problem of PoS garbage. Then we can go back to ripping out each other's throats.
>>49902664

>>49903075
kek

>>49897045
>Someone posted a takedown of "private smart contracts" in this thread a while back and I know some anons have that saved.

>>49899500
This is why I slurp

>>49903269

Just lost 1 xmr to a fake dnm page. Never felt so retatded bros, hold me...

>>49905740
>Just lost 1 xmr to a fake dnm page. Never felt so retatded bros, hold me...

lol how?

>>49906533
>hmm today I will buy illicit goods off the internet
>look up lists of darknet markets
>they all have the same links
>check reddit
>they all have the same links
>make an account on one, deposit 0.9x XMR
>oops haha the lists and reddit pages are all fake and botted, these are all clones of real websites
Shit sucks but I'll just take it as a learning experience

>>49896252
Your autism is showing lol.

>”REEEEEEE!!! Normies don’t use computer right REEEE!!!”

>>49906789

Always check on Dread FIRST!

>>49907000
>1pbtid
At least one of us is trying to steer noobs in the right direction.

>>49907022
Last time I looked into any of this r/darknetmarkets was still active and I dont think Dread existed. Ill check it out.

>>49896252
Relax cunt, I'm only asking because I know it can be done. Your cringe is showing nigger

>>49896709
>>49896817
>>49904010

>”blockchains are terrible! There like a slow as fuck shitty car! OMFG ETH BURNS SO MUCH ELECTRICITY! More than aaaalll of Jew tube. We gotta find something better than old 1980 blockchain tech that burns megatons of coal to process old fashioned 80’s tech!!”

This isn’t about what’s energy efficient mother fuckers. You think your so fucking smart with computers and “oh we gotta do something better and more efficient”. Nobody actually USING this tech could give a shit less. We don’t give a fuck about all a tech wizards bitching about how inefficient blockchain is. We just want to buy our drugs online in peace. You sound like your just trying to convince normies to not use this shit because from YOUR perspective your just bitching about inefficient tech. You’ll never be satisfied with it. Either that or your pulling some kikey propaganda to try to heard normie sheep away from something that gives them privacy the centralized Jew banks don’t want them to have, and if that’s the case get fucked kike.
Let us retards burn fuel to power primitive blockchain tech, destroy the environment, while the entire globalist system decays and we accelerate fully into global anarchy.

>>49907392
Kneejerk reaction much?

I'm literally just acknowledging the very obvious shortcomings of blockchains.

>You sound like your just trying to convince normies to not use this shit because from YOUR perspective your just bitching about inefficient tech
you are literally hallucinating, check my links.
>You’ll never be satisfied with it.
Yeah that's kind of how iterative progress works, shit-for-brains. You do as best as you can each time and each time the finished product is a *little* closer to perfection.
>Let us retards burn fuel to power primitive blockchain tech, destroy the environment, while the entire globalist system decays and we accelerate fully into global anarchy.
Or instead of everyone being le ebin nihilist guy, people can actually try and fix shit. You can be a creator of society or a consumer of it.

inflation regardless has won. corporate class (walltreet) (feds) are eating cake. Shilling xmr is a lost cause because its too private for its own good, making it an easy target for any vigilante libertarian or mafia.

>>49907336
Yea.. perhaps we are just tech retards but why SHOULDNT we use tails to run a node? One of the most private and secure OS out there. Hey maybe it’s fucking retarded but it works so… whatever. I had this guy who mines crypto, who literally builds computers and does all kinds of stuff with coding and tech tell me I’m retarded for buying cryptocurrency peer2peer. He was trying to tell me that crypto is too slow, and that we need to get to a point where it’s all done by some kind of debit card or something. I just don’t get how someone so tech savvy could be so fucking retarded at the same time? I guess it comes down to ideology at this point. You can be literally 180 iq, and could build a computer from scratch, but still believe that centralization of authority and power over people is ideal. While a complete 80 iq retard will just want complete decentralization, and then a few normies and some higher IQ have a more anarchist outlook on things. And there’s where you get people using slow ass shitty blockchain technology to barter outside a centralized authority. Someone probably thought it was retarded to use shiny rocks to trade back when we were cave men too. But it still took off.
Ultimately sheeple, retards, and people who want privacy are gonna lead the way into the future, and computer dorks are just gonna have to sit back and reeeee about how we aren’t using the tech exactly the most efficient way.

>>49907562
Shut the fuck up and get to coding. Make something better than blockchain that’s your job as big brain computer guy. Bring ug a better more private and decentralized string of code to create an economy outside the centralized banking system so ug can kill more brain cells with dope without gubmint telling me I can’t. Get to it.

>>49907392
All any of us said was that blockchains aren't worth it with the exception of a money system(as an aside I think namecoin is another valid usecase). Trying to do dumb shit like smart contracts or nfts on a blockchain is retarded with current tech, and no one will ever be able to make something better until it's understood why it sucks in the first place.

>>49879821
Same fud could be used against 2011 bitcoin. Only difference is that monero is actually private

>>49883830
Noice

>>49908515
Fuck NFT’s. Just more shit to make the cryptic nature of cryptocurrency go away so that big daddy gubmint can know what ur doin.

This thread >>49907342 made me optimistic and jaded at the same time.
We're still early, but we may be decades early desu

>>49907702
>high IQ does not equate to smart ideas
As experienced first hand during the madness of peak covid. The majority of top tier intellectuals thought it was a good idea to make people financially destitute for refusing to take a vaccine for a virus you have a 99.9% chance of surviving. Being part of the tribe trumps making smart decisions everytime

>>49869086
Railgun is the first protocol to provide anonymity on L1 without the requirement for asset conversion or the usage of mixers, as other protocols do. Also, unlike its competitors, there is no limit to the numberof tokens/assets that may be privately traded.

>>49909836
Patience is a virtue, my friend.

>>49909947
I agree, most people "in charge" and "top tier intellectuals" are highly intelligent fools. The fundamental problem is the lack of wisdom, society has put (flawed) theories in the place of nature and its unchangeable laws. Society is sick for this very reason, it is unnatural.
A great example of this is vaccines, which come from the flawed germ theory. Even the guy who coined that said on his death bed that it was not true. If this theory was true, no one would be alive to tell the tale.

>>49861000
bc1qrm90jhxwwf7pe8sf9kv3lv4azl2kcrhqk6vm0l

Send me money

>>49910371

21 BTC sent.

>>49861206
Bot exposed

>>49909544
L O N D O N
O
N
D
O
N

>>49903008
>>49903008
I think railgun has an edge because it makes use of prifi and also does not have a limit to the number of tokens it can keep anonymous. I recently connected my wallet to the rail web app and looking forward to its mobile launch so I go complete my transactions on the go
Monero may not be obsolete but I think railgun has some advanced modification some of which I just mentoned

>>49912542
s-s-sarangsama

i need financial freedom
i can only wageslave for so long before i lose my mind

>>49868705
moar

>>49907188
>>49907022
Where is the Dread?

>>49917085

http://dreadytofatroptsdj6io7l3xptbet6onoyno2yv7jicoxknyazubrad.onion/

>>49899889
Which exchange will disable your account if you use mixer?

>>49881887
>on-chain privacy.
Like Railgun? Most privacy constructs these days are mixers which is not very good in terms of security and even, ease of use.

>>49917138
Why even use a mixer in the first place

>>49917269
Why not? People use it to fund their account

>Binance won't process litecoin transactions use MWEB; those coins will just be lost forever
>fuds privacy coins but not XMR for some reason

https://coingape.com/breaking-binance-drops-support-for-litecoin-ltc-slumps-11/

>>49917348
How about the risks? I've heard about how risky and expensive it is

>>49917104
They also made an i2p mirror that doesn't have the forwarding queue

dreadtoobigdsrxg4yfspcyjr3k6675vftyco5pyb7wg4pr4dwjq.b32.i2p/

If I buy bitcoin from a centralized exchange then put it into a wasabi wallet, coin join it, then buy monero with it. How hidden are my funds???

>>49917138
Every fiat on ramp will flag your account if the wallet you used to deposit is linked to mixers or other wallets that are linked to mixers. After that they will ask you to provide a document that proves legality of the funds you deposited. Can't prove your innocence or don't wanna comply with the investigation? Say goodbye to your money.

>>49918945
Good enough privacy for 99.9% of people.

>>49918945
Thanks for reaching out to the Monero tech hotline, this is your operator Rakesh speaking.

As long as you convert it to monero your funds are 100% secured and hidden.

>>49918945
Why not just straight up buy XMR from from that same CEX?
That coinjoin is still visible on the Blockchain

>>49919125
Because going from Cex to dex it easier to coinjoin bitcoin then spend BTC for XMR, because it’s quicker and easier than cash by mail. Cash by mail is best but hard to do

>>49919197
Sir, Wtf is your problem just bank transfer to binance or kraken and buy the oranges there. You may have to buy tether or btc first because the CEX might not have your fiat pair but ultimately there is no reason to jump thru so many hoops unless it's illegal for you to buy XMR which i doubt it is.

How long is this discount gonna last??

>>49919920
How does 8 years sound?

>>49919958
Wow thats a long time

>>49918945
The moment you reach Monero you're 100% hidden. You can use a KYC exchange and use your personal credit card to buy Monero and you would STILL be 100% hidden.

>>49918945
Might as well just send directly to bisq/majesticbank/etc. No need to get some poor sap's bitcoin blacklisted AND reduce the amount of untainted coins out there to drive the price up

>>49918945
its so many unnecessary steps.
you can just buy btc from said exchange, send it no a non kyc swap service like changenow, or any other swap on the kycnot.me list.
youre just throwing money at tx fees for no reason to get xmr with your method

>>49907858
We are. It's literally what "big brain computer guys" are working on.
Those arguments are the justification for WHY this has to be worked on.

>>49921149
If every bitcoin gets blacklisted, no bitcoin will be blacklisted

>>49921492
>6.9 score
Why do you recommend changenow?

>>49921523
>If every bitcoin gets blacklisted, no bitcoin will be blacklisted

Blacklisted coins get seized, "cleaned" and reintroduced into circulation so there will never be a preponderance of taint.

For example:

>$113 Million in Dirty Crypto Cleaned by Frankfurt Prosecutors
https://www.bloomberg.com/news/articles/2021-12-22/-113-million-in-dirty-crypto-cleaned-by-frankfurt-prosecutors

>>49919597
I'm wondering that too. The only downside i'm seeing is that the CEX knows you own Monero (in case of some future homoglobo backtracking surveillance), although i don't know if you can trace bitcoin to Monero swap too.
The upside is that you force the exchange to restock XMR reducing their ability to inflate the supply with fake CEX Monero.

>>49907858
>Make something better than blockchain
https://libp2p.io
https://zeronet.io
https://ipfs.io
https://www.torproject.org
https://ipld.io
https://en.wikipedia.org/wiki/BitTorrent
https://en.wikipedia.org/wiki/Pretty_Good_Privacy
https://identity.foundation
https://developer.tbd.website/projects/web5/

No blockchain crap in any of these things. No Crypto™ crap, either. Blockchain sucks. Monero is literally the only project that uses a blockchain that's not crap. MAYBE Bitcoin because it's the reference implementation for a blockchain, but that's a big MAYBE.

>>49921529
i havent used the swap services in a while because i just buy off localmonero.
but i believe changenow is what cakewallet uses for their built in swap for the app. they havent messed up any my swaps and liquidity never seems to be an issue.
but i see people motioning fixedfloat a lot recently

>>49919958
>How does 8 years sound?
no fucking way, once they get inflation under control they will got right back to printing those sweet USD

>>49907022 (checked)
She black.

>>49917035

>>49867446
I go 80% BTC, 20% XMR. Either way I don't think you can lose with either and both will capture insane amounts of value when the fiat house of cards comes crumbling down. I know BTC gets a lot of stick on here but it's still hard cash, not a meme vc controlled bullshit network and it's battle tested. Given it's age and long track record it will probably capture a lot of value at first in comparison to XMR (in a fiat collapse scenario) as it will be seen as a safe haven. Just buy as much of either as you can; both a single btc and xmr will be worth millions relative to todays fiat purchasing power during our lifetimes imo.

>>49925561
Hehehe can you imagine how much millions of USD will buy in 2050 after the ruble catches up to the USD or even surpasses it?
Probably not very fucking much. So you’ll have these cryptocurrencies worth “MILLIONS” but really they’ll just be like as much as 120 USD is today in 2022. We will be living in sub Saharan Africa in the “developed” world. You saw how we went planet of the apes in 2020 election year. Well each election year is gonna get worse. It was festering and boiling a bit in 2016.

>>49926741
Crypto will probably capture a large chunk of what value circulation. I imagine 1 XMR/BTC will have a lot more purchasing power in 10 years than they have today, even if it means they cost millions in fiat terms. I can see 1 btc = 1 house in the near future with XMR following a similar trend upwards in purchasing power.

>>49925561
Thx, anon.

>>49925561
>I know BTC gets a lot of stick on here but it's still hard cash
No, it is not hard cash. Saying that over and over again does not make it true - what you're saying is the definition of insanity.
It CANNOT be hard money without fungibility.

>>49926978
>I can see 1 btc = 1 house in the near future
>because I said so

>>49872454
>I am reverse this
Am I Gonna Make It?

>>49928549
Even if you exclude the more radical theories on silver (setf, xrp being backed by gold/silver, gold reset, etc), dow:ag ratio will go to ~75 within the next 10 years, so yes.

>>49928549
Yes.

>>49929565
I want to fuck both of them. Moreso the daughter though.

>>49929565
awful and disgusting

>>49929743
Price or metric?

>>49929710
Still does good work in the kitchen.

>>49928420
>Expects the dollar to retain value
>Expects governments not to keep inflating away their debts
>Thinks phase 4 fiat won't happen this time "just because"
>People won't run to hard money because "this time is different"
Keep holding those dollars cuck.

>>49929839
No, the roasties.
Metric is funny but obviously not serious (it even says that the 2 asses was the equivalent of a loaf of bread; while making bread is a lot cheaper nowadays thanks to industrialisation of agriculture, it was still a daily staple, not a $300 luxury meal, that's inane). Your screencap makes a much better argument to be taken seriously.

>>49929941
Here is the sauce: https://imperiumromanum.pl/en/roman-society/marriage-and-love-life-in-ancient-rome/prostitution-in-ancient-rome/

>>49930043
What I'm saying is this means that the price of head must fluctuate wildly throughout history and cultures.

What up faggots, bullrun is done so Im looking to accumulate some coins.
Are atomic swaps a thing yet?

>>49930060
It would be interesting to discover the price in previous civilizations and compare.

>>49930810
In the early 1920s, prostitution was $2 a trick, leading some to refer to the two dollar bill as a “whore note.”

https://www.cnbstl.com/about-us/news/the-history-of-the-two-dollar-bill

>>49930735
Have been for a while, no pretty GUI yet though

>>49930954
1920's US silver dollar melt content was/is 0.77345ozt (x2 = 1.5469ozt).

>>49930810
>pay 2 asses for one ass
Were romans retarded?

>>49931251
Damn, does it leave any "traces"?
Or can you just pop in and out of monero, without anything suspicious appearing on another chain?
Also I just read that tail-emmisions have just started, which is cool.
Not only that, the xmr/btc chart is looking kinda sexy

>>49931350

>>49930954
>You now know the history of the term '$2 crack whore'

NEW THREAD: >>49931996
>NEW THREAD: >>49931996
NEW THREAD: >>49931996
>NEW THREAD: >>49931996
NEW THREAD: >>49931996
>NEW THREAD: >>49931996

>>49861194
Picked the first line. Privacy is indeed a vital part of the sane society

>>49861780
Where is the sense in that, I really wonder

>>49869086
Can't call Railgun a competitor to Monero since it is more of a privacy protocol than a privacy coin. ZCash is another privacy coin I know but XMR beats it hands down

>>49869337
Can you elaborate on what you mean by 'speculative asset'

>>49870140
Block explorers: revealers of every single fuck thing

>>49875646

>>49880294
>You don't have to buy a coin to care about privacy.
Checked. Neither should you have to buy a coin to enjoy privacy. That is why there is nothing that beats a privacy system that is not token-gated.

>>49881073
What difference does it make, dumbass

>>49883542
Sell off your kidney. Simple way since you've got two

>>49888705
Or better still, convert to renBTC and keep it in a private balance on a smart contract protocol like railgun that comes with absolute anonymity and even security

>>49928549
If you do that, it will be the end

>>49919095
>As long as you convert it to monero your funds are 100% secured and hidden.
Is this true? Fucking 100%
I heard IRS had an hard track tracking Monero txns though