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/biz/ - Business & Finance


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File: 295 KB, 1728x972, FESm0uaXMAE61Wj.jpg [View same] [iqdb] [saucenao] [google]
49931996 No.49931996 [Reply] [Original]

Welcome to the Monero General, dedicated to the discussion of the world's leading decentralized P2P privacy cryptocurrency!

Monero is secure, low-fee, and fungible, meaning users can send XMR around the globe despite corrupt governments or broken financial systems. Innovative privacy features such as Ring Signatures, Stealth Addresses, and Ring CT ensure that Monero's blockchain is obfuscated -- In other words, the financial history of all Monero users is encrypted from the prying eyes of adversaries on a public blockchain, with transactions being visible only by a user willingly providing a view key.

Monero has also improved upon the scaling downsides of current popular cryptos. To avoid high fees, dynamic block size ensures that the size of the blocks will increase as the amount of transactions increases. Further, the mining network algorithm RandomX establishes that anybody with a CPU can participate in mining, preventing the ASIC miner domination that creates a high barrier of entry. Lastly, the mining network will be preserved by Tail Emission -- instead of the block reward falling to zero like with Bitcoin, the block reward will gradually approach 0.6 XMR in June 2022, where it will forever stay. This constant linear inflation means the inflation rate will asymptotically go to zero while continuing to provide an incentive to miners to maintain the network.

If you still have questions, feel free to ask and a MoneroChad will be with you shortly.

XMR Redpill: https://youtu.be/wq6w03E2DS4

XMR Stats: moneroj.net

USE Monero: https://cryptwerk.com/pay-with/xmr/

OFFICIAL WEBSITE - getmonero.org

WHERE TO GET MONERO?

>KYC:
Kraken
Binance
Bitfinex

>Non KYC:
LocalMonero
Morphtoken
Bisq
Kucoin
Tradeogre
Crypto ATMs
see: kycnot.me

>Mining
archive.is/TWOah

HOW TO STORE MONERO?

>Desktop
Official Gui/Cli
My Monero
Exodus
Feather

>Mobile
IOS: Cakewallet
Android: Monerujo

>> No.49932009

sneed

>> No.49932032
File: 577 KB, 1298x900, 162614854231641471.jpg [View same] [iqdb] [saucenao] [google]
49932032

PREVIOUS THREAD: >>49861000

>> No.49932051
File: 889 KB, 1568x1080, P2Pool.png [View same] [iqdb] [saucenao] [google]
49932051

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

>> No.49932067
File: 65 KB, 560x558, TakeThePill.jpg [View same] [iqdb] [saucenao] [google]
49932067

*****/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

>> No.49932121
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49932121

I caught covid for the 4th time this year, my monerinos are down 50%, ive jerked off so much during the last 3 days that ive ended up fapping to ballbusting and I failed 2 out of my 4 exams.

You fags better post Monero-chan

>> No.49932149
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49932149

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

>> No.49932226
File: 1.47 MB, 1920x3246, CypherpunkManifesto.png [View same] [iqdb] [saucenao] [google]
49932226

Never forget what this is ultimately all about.


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

>> No.49932253
File: 64 KB, 800x531, History-of-Asset-Bubbles-Past-40-Years.jpg [View same] [iqdb] [saucenao] [google]
49932253

>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.49932277
File: 267 KB, 550x1198, BTC-halving.jpg [View same] [iqdb] [saucenao] [google]
49932277

>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

>> No.49932426
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49932426

Give an anon some /xmr/ book recs, will you?

>> No.49932457

>>49932051
What happens when everyone starts to mine on p2pool and there will be no one to accept the mined blocks on to the actual chain?

>> No.49932530

>a dog coin has 4 times xmr marketcap
life is pain

>> No.49932541

>>49932277
So you're telling me Bitcoin is going to 3 trillion? Awesome.
Also checked

>> No.49932639
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49932639

>>49932530
>it's not even the good dog coin
:(

>> No.49933813
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49933813

>> No.49934850
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49934850

NOOOOOOOOOOOOO GO BACK DOWN I WASNT DONE YET

>> No.49934905

>>49931996
chance of btc going under 15k and being able to scoop xmrs for less than $75?

>> No.49936109
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49936109

>>49932426
For reading about Monero itself, you can't go wrong with Mastering Monero. It's got good explanations of Monero at multiple levels of technical detail, so pretty much anyone from beginners to experts can get something out of it: https://masteringmonero.com/

More generally, The Ego and Its Own (aka The Unique and Its Property) by Max Stirner is pretty /XMR/. People say it's anarchist (and in several ways it is, kinda like Monero), but it really just provides a powerfully clear lens you can use to view the world through. Fun fact, even Mussolini was a big fan. This recent translation is good, but the classic one works too: https://theanarchistlibrary.org/library/max-stirner-the-unique-and-its-property

>> No.49936244

when’re we getting rich lads?

>> No.49936333
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49936333

>>49936244

>> No.49936727

>>49932149
based

>> No.49937857
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49937857

>>49932121

>> No.49938002

>pumps 20% in a week

Monerbo pls

>> No.49938204

>>49936333
Wait what? I'm selling now.

>> No.49938466

>>49938204
It's about freedom and independence, not greed and pleasure. We're making money righteous again. If you don't like that, I urge you to suck more kike cock, faggot.

>> No.49938517
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49938517

>>49937857

>> No.49938598

>>49932121
>I caught covid for the 4th time this year
Let me guess. You're vaccinated.

>> No.49939320

Anon, any direction on where to buy silver with xmr?

>> No.49939331

>>49931996
How did any hacker move their funds?
I never heard any hacker who bought monero to hide their funds

>> No.49939383

>>49939331
>hasn’t heard of them
Exactly retard.

>> No.49939575

>>49939383
Don't be malicious.

>> No.49940738
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49940738

>> No.49941911
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49941911

>> No.49942298
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49942298

THE MONERO MOON (ISSUE 47) IS OUT NOW! Grab a coffee or a beer and kick back for a read. Like, share, and spread the word of Monero as it continues to grow and offer unmatched financial privacy.

https://www.themoneromoon.com/p/the-monero-moon-issue-47?sd=pf

>> No.49942547
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49942547

What a day.

>> No.49943302

So is Monero like the defacto alt right chud coin cause that might cause some problems with mass adaptation.

>> No.49943313
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49943313

>>49943302
>So is Monero like the defacto alt right chud coin cause that might cause some problems with mass adaptation.

Mass adoption is a meme.

>> No.49943413
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49943413

>>49932457
p2pool submits the mined blocks to monerod, monerod broadcasts block if it checks out, other monero nodes receive block, broadcast if it checks out until every node knows the new chainheight.

if everyone mined to p2pool, it would be impossible to have rouge pool admins 51% attack the network, that's basically it.

>> No.49943469

>>49943313
it really is. no way people actually belive crypto will completely take over to abolish banks and fiat. Most smart-contract shit wont go anywhere either.

Monero has a real usecase that isn't based on wishfull thinking and that is why it's the only crypto i may or may not have.

>> No.49943589

>>49943302
It hasn’t, as of yet, acquired that 90iq ’’chud’’ crowd that you’re referring to. And mass adoption would require massive amounts of mental acrobatics from the moralist-conformist-redditor types so don’t hold your breath for that.

>> No.49943893
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49943893

>>49943302
>alt-right
XMR is NRx quietly becoming a thing again. Normalfags will always be slaves, either on the globohomo fiat land or on our neo-feudalist ancap seasteads.

>> No.49943959
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49943959

>>49942298
BASED. Thanks for your work

>> No.49944325
File: 954 KB, 1080x1256, Screenshot_20220621-103626-187.png [View same] [iqdb] [saucenao] [google]
49944325

Average Monero user

>> No.49944355
File: 568 KB, 1280x720, OFAC-XBT.png [View same] [iqdb] [saucenao] [google]
49944355

>>49944325

yawn

>> No.49944386
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49944386

>>49944355
Can you put than in napkin form for me, I'm in a hurry

>> No.49944538
File: 73 KB, 1280x720, 404.png [View same] [iqdb] [saucenao] [google]
49944538

>>49944386

@BLENDERIO_RUSSIAN (a.k.a. @BLENDERIO_ENGLISH; a.k.a.
@MADEAMAZE_BOT; a.k.a. BLENDER.IO; a.k.a. BLENDERIO);

Website https://blender.io;
Website https://blender.to;
Website http://blenderjkul472odyrnpmnirqgpzd3kms54jrrfycledrvvfbyj3wnqd.onion

Email Address blender.io@tuta.io;
Email Address adblenderio@tuta.io;

Digital Currency Address - XBT
3K35dyL85fR9ht7UgzPfd1gLRRXQtNTqE3;

Digital Currency Address - XBT
3Q5dGfLKkWqWSwYtbMUyc8xGjN5LrRviK4;

Digital Currency Address - XBT
3EPqGUw2q89pwPZ1UF8FJspE2AyojSTjdu;

Digital Currency Address - XBT
3LhnVMcBq4gsR7aDaRr9XmUo17CuYBV4FN;

Digital Currency Address - XBT
3F6bbvS1krsc1qR8FsbTDfYQyvkMm3QvmR;

Digital Currency Address - XBT
3JHMz3mTna1gVCZSPp8NgRFiY7phkv5mA8;

Digital Currency Address - XBT
32DaxSzUhLBHY2WGSWQYiBSHnRsfQZrrRp;

Digital Currency Address - XBT
3MTRvM5QrYZHKo8gh5qKcrPK3RLjxcDCZE;

Digital Currency Address - XBT
34pFGsSYbWEritXncW9unZtQQE9dKSvKku;

Digital Currency Address - XBT
38ncxqt932N9CcfNfYuHGZgCyR85hDkWBW;

Digital Currency Address - XBT
3F6bbvS1krsc1qR8FsbTDfYQyvkMm3QvmR;

Digital Currency Address - XBT
3MD3riFB6U8PykypF6qkvSj8R2SGdUDPn3;

Digital Currency Address - XBT
3JUwAS7seL3fh5hxWh9fu3HCiEzjuQLTfg;

Digital Currency Address - XBT
3EUjqe9UpmyXCFd6jeu69hoTzndMRfxw9M;

Digital Currency Address - XBT
3QEjBiPzw6WZUL4MYMmMU6DY1Y25aVbpQu;

Digital Currency Address - XBT
3N3YSDvp4cbhEgNGabQxTN39kEzJmwG8Ah;

Digital Currency Address - XBT
3J19qffPT6mxQUcV6k5yVURGZtdhpdGr4y;

Digital Currency Address - XBT
33KKjn4exdBJQkTtdWxqpdVsWxrw3LareG;

Digital Currency Address - XBT
3GSXNXzyCDoQ1Rhsc7F1jjjFe7DGcHHdcM;

Digital Currency Address - XBT
3QJyT8nThEQakbfqgX86YjCK1Sp9hfNCUW;

Digital Currency Address - XBT
35hh9dg3wSvUJz9vFk1FsezLE5Fx3Hudk2;

Digital Currency Address - XBT
3NDzzVxiLBUs1WPvVGRfCYDTAD2Ua2PvW4;

Digital Currency Address - XBT
3DCCgmyKozcZkFBzYb1A2x8abZCpAUTPPk;

Digital Currency Address - XBT
3MvQ4gThF4mmuo49p4dBNchcmFHBRZnYfx;

>> No.49944574

>>49943302
monero is for everyone

>> No.49944734

>>49938204
sell, nigger.

>> No.49944767

>>49943893
This.
From one NeoReactionary to another.
Read Moldbug. Read ZeroHPLovecraft. Read Nick Land.
https://archive.md/EAxTg

>> No.49944797

>>49943893
What the fuck is that picture?

>> No.49945182
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49945182

My bags are mooning my bestards

>> No.49945953
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49945953

>>49944797

>> No.49946236

cozy reading about why vlc player love monero
https://blog.l0cal.com/2017/12/14/update-on-crypto-currency-donations-at-videolan/

>> No.49946338
File: 133 KB, 600x600, crabnero.gif [View same] [iqdb] [saucenao] [google]
49946338

>>49946236
Looked on the main VLC website, they actually have their Monero address listed before the Bitcoin one for donations. Based.

>> No.49946384

>>49936109
Thoughts on Zero to Monero?

>> No.49946542

>>49946338
vlc true orange fren

>> No.49946650
File: 75 KB, 581x870, 1650317536878.jpg [View same] [iqdb] [saucenao] [google]
49946650

>>49932426
Monero's books:
— Mastering Monero by SerHack
— Zero to Monero by Kurt Alonso

Monero's documentaries:
Monero: sound money, safe mode - https://youtu.be/wq6w03E2DS4
Monero means money - https://youtu.be/8quGD9W7B2I
Behavorial finance, cryptocurrency markets - https://youtu.be/REC5V7d3pqM


Understanding real currency:
— Guide to investing in gold & silver by Michael Maloney (book)
— His series, "hidden secrets of money"
https://youtube.com/playlist?list=PLE88E9ICdiphYjJkeeLL2O09eJoC8r7Dc

On central banks:
— A History of Central Banking and the Enslavement of mankind by Stephen Goodson
Princes of the Yen - https://youtu.be/p5Ac7ap_MAY

>> No.49946880

>>49946650
>A History of Central Banking and the Enslavement of mankind by Stephen Goodson
That book is fiat maximalist garbage. Totally insane and anti-Monero.

>> No.49947089

>>49946880
Can confirm
Only midwits share this book
Still contains some valuable pieces of economic history
But anytime the author gives you his opinion, it's retarded

>> No.49947221

>>49946880
>>49947089
I mainly posted it to redpill on the history of central banking, also putting it last in terms of importance since it's more best to learn and understand what real money is.
Since you do learn those things, you'll have greater discernment and not follow the said author's opinions. I personally haven't read it yet, but thank you for point that out anons.

>> No.49948050

>>49943893
>The Eternal Anglo on the right
no fuck this fuck you you're not fooling me

>> No.49948586
File: 831 KB, 2100x2700, 1640302650979.png [View same] [iqdb] [saucenao] [google]
49948586

Where the fuck is Fluorine Fermi

>> No.49948694

https://cointelegraph.com/news/coinbase-to-track-off-exchange-transactions-from-dutch-customers
>customers in the Netherlands will need to complete new Know Your Customer, or KYC, requirements when transferring digital assets to wallet addresses that are not based on the exchange. This includes providing the recipient's full name, the purpose of the transfer and the recipient's complete residential address.
NL first, rest of the EU later. Yuropoors are so fucked.

>> No.49948705
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49948705

>> No.49948791

>>49948694
That's just for cuckbase.

>> No.49948867

>>49943893
Fuck this satanic shit

>> No.49949088
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49949088

>>49943893
>>49944797
>>49945953
schizophrenia

>> No.49949100

>>49948791
so they regulate coinbase but not kraken or other cex? pretty sure they'll follow soon enough

>> No.49949130

>>49948705
What is that? I want one.

>> No.49949233

>>49948694
This kind of overreaching KYC fuckery is only getting worse and will likely be the standard in all of the western world within the next few years. Just think of how easy it was to buy crypto even just two years ago. Accumulate while you still can boys. It's only going to get harder to do so from here on out.

>> No.49949312

>>49948694
who the fuck even uses coinbase in this day and age

>> No.49949357

>>49949100
From the link you posted:
>The exchange noted that the change will only impact Coinbase users in the Netherlands, and is being implemented to comply with the country's digital asset regulations.
So it'll depend on country's regulations and it only applies to CEXs as they can and will submit to government authority. DEXs are less likely to do so, or even not comply. Atomic swaps and "regulation" goes out the window.

>> No.49949375

Here is some really good stuff
https://github.com/MoneroKon/meta/blob/main/slides/2022/talks.md
I really liked the new proposed signature and the current state of farcaster atomic swaps

>> No.49949567

>>49943302
>mass adoption
why would anyone want that??

>> No.49949930

>>49946650
As long as we're recommending books:
A Short History of Financial Euphoria by John Kenneth Galbraith (tells you why booms and busts happen)

Whatever Happened to Penny Candy? By Richard Maybury (tells you how and why humans fuck up the money supply every time)

Battle for America by Stansberry Research (goes over American government's history of fulfilling promises it can't keep by stealing everyone's money)

>> No.49950000

>>49949567
>why would anyone want that??
Yeah who would want to be able to use a currency on more things and increase the amount of privacy in the world. Stupid contrarion faggot

>> No.49950023 [DELETED] 
File: 62 KB, 640x360, 1636158837515.jpg [View same] [iqdb] [saucenao] [google]
49950023

>>49950000

>> No.49950686

>>49949357
and the eu is already in favor of banning unhosted wallets
it's only a question of when it'll be implemented

>> No.49950860
File: 40 KB, 1008x696, fungible butts.png [View same] [iqdb] [saucenao] [google]
49950860

i notice this buttcoin has crashed through the floor, just like all the other buttcoins
> 100% private
crashes through the floor
> 100% fungible
crashes through the floor
> 100% decentralized
crashes through the floor
> 100% minable on a CPU
crashes through the floor
> 100% the future of buttcoin
crashes through the floor

>> No.49951226

>>49950860
Zoom out.

>> No.49951230

>>49950686
This proposal kills the individual's financial freedom & original, creative ideas and would harm the crypto economy, which is probably why they would do it - since they can't control anything else (due to decentralization) besides regulation. It's literally the antithesis of crypto, and if this happens, it'll just go peer-to-peer, which was the original intent, or more DEXs would be used.

The excuse is always the same - "wE nEeD tO cAtCh ThE bAd GuYs!" Well, the biggest criminals are the ones that make these laws.

>> No.49951838

>>49950686
>banning unhosted wallets
how on earth would they do that? fatwa prime numbers?

>> No.49952207

>>49951838
The actual idea is to ban interfacing between unhosted and hosted wallets. The intention being to make it impossible for people to off-ramp from a CEX.
The cynical view is that they're actually gonna ban hosted wallets, because CEXes are not blockchains, and in such a scenario the only way to actually transact on the blockchain will be by avoiding all hosted wallets completely.

>> No.49952211

why is monero seed phrase so long?

>> No.49952462

Whoever suggested moneromarket sub to me, the sub is ass. My threads keep being removed and I have 3,000 karma. What the fuck? I offer professional translation and copyrighting in different languages, I didn’t break any of the rules. And the threads keep being removed. Where do I fucking go to offer my services? Jesus H Christ

>> No.49952773

>>49952462
>reddit
lol

>> No.49952893

>>49952462
dread lol

>> No.49953389

Is burgers banning abortions bullish for xmr?

>> No.49953477

>>49953389
Yes. Not significantly but in theory you could use xmr to help fund an abortion that could be prosecuted against.

>> No.49953791

>>49953477
bible belt teen moms are going to fund my retirement

>> No.49953814
File: 3.39 MB, 3000x2121, craft.jpg [View same] [iqdb] [saucenao] [google]
49953814

>>49949130
It is a hull cleaner for arc-of-circle boats.

>> No.49953880

>>49953389
Came here to post this. I guarantee someone is going to start selling plan C on alphabay if they haven't already.

>> No.49954684

>>49953389
Yes. I read that overturning RvW is really a removal of medical privacy. We should get women to get behind XMR

>> No.49955477

>>49954684
No, abortion is genocide.
"These six things doth the Lord hate: yea, seven are an abomination unto him:
A proud look, a lying tongue, and hands that shed innocent blood,
An heart that deviseth wicked imaginations, feet that be swift in running to mischief,
A false witness that speaketh lies, and he that soweth discord among brethren." — Proverbs 6:16-19

Get out of your wicked ways.

>> No.49955584
File: 119 KB, 1080x836, 1656103596115.jpg [View same] [iqdb] [saucenao] [google]
49955584

>> No.49955639
File: 113 KB, 800x800, unknown.png [View same] [iqdb] [saucenao] [google]
49955639

>> No.49955968

>>49955639
Whoes idea was this graphic

>> No.49956012
File: 67 KB, 600x800, 1655988698672.png [View same] [iqdb] [saucenao] [google]
49956012

>>49944325
>The NSA literally keeps databases in Ohio that maintain user data on every single American in the US and keeps track of their actions in conjunction with large corporations like google and Facebook

>My transparent satosies are safe

Why are Windows users like this? We literally had leaks over this lmfao. Edward snowden? This is some CIA glow shit

>> No.49956072

>>49955639
Ufff

>> No.49956299
File: 234 KB, 1200x900, 1647073426952.jpg [View same] [iqdb] [saucenao] [google]
49956299

What's up you faggots

>> No.49956346

>>49956299
testnet.
nice try larping.
if you are legitimate, donate to the monerochan art fund.

>> No.49956435

>>49956346
apparently it would say testnet below my balance if it were testnet? https://monero.stackexchange.com/questions/3524/how-do-i-start-the-gui-for-a-testnet-wallet/3986#3986

>> No.49956462

>>49950860
It's done better than every other coin tho including zcash lol

>> No.49956465

>>49956299
>remote node
ngmi

>> No.49956475

>>49956299
>using the GUI wallet

>> No.49956477

>>49956465
It's an onion node

>> No.49956487
File: 1.11 MB, 754x800, 1654602066977.png [View same] [iqdb] [saucenao] [google]
49956487

>>49952462
>Whoever suggested moneromarket sub to me, the sub is ass. My threads keep being removed and I have 3,000 karma. What the fuck? I offer professional translation and copyrighting in different languages, I didn’t break any of the rules. And the threads keep being removed. Where do I fucking go to offer my services? Jesus H Christ

Hmmmmmmmm.....try asking in r/Monero, they'll clear things up fast.

>> No.49956492

>posting fat XMR stack
>only reaction I get is hate
This is why XMR isn't worth 1000$ yet. What a bunch of hating faggots lol.

>> No.49956493
File: 384 KB, 2048x1536, dontbuy.jpg [View same] [iqdb] [saucenao] [google]
49956493

>>49956299
holy based

>> No.49956507
File: 25 KB, 600x400, 1643254463455.jpg [View same] [iqdb] [saucenao] [google]
49956507

>>49956493

>> No.49956516
File: 1.77 MB, 684x854, 1655080539378.webm [View same] [iqdb] [saucenao] [google]
49956516

Quit disclosing, retards.

>> No.49956523

>>49956435
then donate to the monerochan art fund
larp

>> No.49956544

>>49956523
I'm not gonna give you money for being a weebfag

>> No.49956559
File: 112 KB, 624x390, 1654618713367 monero_gigachad.png [View same] [iqdb] [saucenao] [google]
49956559

>>49956299
>>49956493
Based monerochads

>> No.49956560

>>49956544
obvious larp.

>> No.49956806

>>49956492
Impressive stack and yes I am very envious. However, disclosing XMR stacks is generally viewed as tacky flies in the face of the privacy eccentric ideology of most Monero Maxis. So best to not do it if you're going to get ass mad when people give you shit when posting your stack.

>> No.49956864

>>49956299
AWW BALLS

>> No.49956917
File: 78 KB, 640x640, 1632925994618.jpg [View same] [iqdb] [saucenao] [google]
49956917

>>49931996
I come in good faith. I own no XMR. I need you fine gents to explain something to me.
The reason I have passed on holding XMR is as follows:
>Think XMR is good for for privacy
>Have other assests
>Want to make a private purchase of something
>For sake of argument lets say I have BTC, so at time of purchase I convert some BTC to XMR and then purchase whatever I need

This is why I haven't HELD XMR, yet see the utility.
I need someone to tell me why I should hold this that doesn't involve me wanting to evade the IRS

>> No.49956972

>>49942298
Thanks man, I love what you're doing but honestly, it needs 10 times more Monero-chan. And don't listen fucking ErCiccione on reddit. He's the only guy opposed to Monero-chan, and the guy's a scammer.

>> No.49957001

>>49956917
Do you like having cash on hand? Same thing. Only it's digital. And not US Federal Monopoly money. It doesn't hurt to have a couple XMR on hand in case you need them. But do what you want.

>> No.49957016

>>49956806
he is a larp.
he is disclosing, which is gay.
he is using a remote node.
He made fun of monerochan

>> No.49957040

>>49957016
>he's not giving me free money for being a weebfag
>so he's a larp
I wouldn't even give you a cent worth of XMR even if my stack was worth 50 million $

>> No.49957062

>>49957040
you are an obvious larp because you are calling us weeb fags. how pathetic do you have to be to pretend you are rich.

>> No.49957107

>>49957001
I will do what I want, thanks.
I don't find your argument convincing because cash is way more stable than XMR, so having it on hand is a better way to store small amounts of stable, private value

If at sometime in the future it becomes near impossible to obtain XMR then XMR will have large issues anyway

>> No.49957109

>>49957062
>you are an obvious larp because you are calling us weeb fags.
kek

>> No.49957183
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49957183

>>49956917

>> No.49957203

>>49957183
Again, I need an argument that does not involve me wanting to evade the IRS. All my shit is in private, cold storage anyway.

>> No.49957249

>>49957203
sounds like your mind is already made up. What's the point of asking for an argument?

>> No.49957286
File: 284 KB, 220x165, 168763523743.gif [View same] [iqdb] [saucenao] [google]
49957286

>>49957203
>All my shit is in private, cold storage anyway.

Still fully visible on the blockchain. Do you prefer frictionless transacting? Use XMR. Otherwise have fun jumping thru hoops with BTC.

>> No.49957453

are all the dark markets ded now? there's at least no good us based ones ive seen after the latest purges

>> No.49957523

>>49956917
Because bank runs are a thing in the crypto space. Exchanges have been accused of selling paper Monero for a while now, although it's impossible to prove thanks to how Monero works. If the accusations turn out to be correct, you don't want to be the last guy trying to get your money out of the bank(exchange) when you need it the most.

>> No.49957548
File: 14 KB, 128x125, 1605552460573.png [View same] [iqdb] [saucenao] [google]
49957548

>>49957286
Mixers aren't hard to use and I don't need to make that many private transactions anyway
>>49957249
Maybe it is. I like the idea of XMR, I just don't see any really compelling reason to hold it long term if I can just get some as I need some. I came here to have my mind changed but it seems no one here is capable of doing that. To what degree that is my bias or someone else's inability to find a good argument remains to be seen

>> No.49957577

>>49957523
This is a stronger argument but I tend to think Chainlink proof of reserves will solve this anway

>> No.49957623

>>49957548
>I don't need to make that many private transactions anyway
The issue is that the fundamental reason to hold and use XMR is privacy and you don't see to value that. You seem to be looking for some kind of 'gains' incentive. XMR is not for that. It is for privacy, both with transactions and with holdings. If you do not value privacy as a base fundamental requirement for your digital assets then I don't know what else to tell you. Just keep buying BTC or whatever and using your mixers.

>> No.49957633

>>49957286
Also, read my OP. I understand why people USE XMR, I need a reason to HOLD it.

>> No.49957654

Anybody got any good make crypto scary again memes?

>> No.49957660

>>49957623
I value privacy, and for the 3rd time, I totally see the utility in USING XMR. You're right in some sense- I am looking for gains by holding. So my money goes else where. When I need the privacy I can use XMR for the instant I need it.

>> No.49957667

>>49957633
Asic resistance, low inflation, and permanently low tx fees are imo better reasons to hold xmr than the privacy.

>> No.49957683

>>49957667
First person ITT that has actually addressed my issue in a meaningful way

>> No.49957690

>>49957660
Again, holding XMR means your holdings are private. If I gave you my primary address you would have no way of knowing how much XMR I hold. If I gave you my primary BTC address you could figure out my wallet balance in minutes. If you don't value that then you don't need XMR. It's not complicated.

>> No.49957723

>>49957683
Normies won't use Monero because of privacy. The low fees will actually be what wins normies over.
We are seeing it already with the dark net. Drug fags don't understand crypto technology, they just see that they pay way less fees with Monero.
Dynamic blocksize is a huge deal but most people are too dumb to understand the nuance of this.

>> No.49957738

>>49957690
Why would you want your holdings to be private again? If its to evade the IRS I will again, ask that you read my OP.
The only reason I can think of is not doxing myself for potential theft
I know some of you would say that is exactly what the IRS is doing but that is neither here nor there
Thanks for the honest attempts, I'm out

>> No.49957760

>>49957738
>Why would you want your holdings to be private again?
Because it's nobody's (not just the IRS) business but mine.

>> No.49957803

>>49957577
I don't know what those are or how they work, but if they require voluntary compliance it won't work. Exchanges can already post their view key if they wish to squash the rumors. only one did.

>> No.49957909
File: 172 KB, 879x655, b-b-b-busted.png [View same] [iqdb] [saucenao] [google]
49957909

>>49957548
>Mixers aren't hard to use and I don't need to make that many private transactions anyway

1. Mixers aren't reliable, its why they're disappearing off the darknet.
2. Mixing leaves you vulnerable to receiving tainted coins, which in turn leaves you vulnerable to coin seizure.

>I just don't see any really compelling reason to hold it long term

Monero is fungible, Bitcoin isn't and its fungibility woes are set to worsen over time. That right there is reason enough.


>I can just get some as I need some.

Yeah? And how will you do that if XMR is universally delisted for being too damn effective?

Oh, you'll just use atomic swaps? OK then, as the counterparty I'll require a fat 25% premium for assuming the risk of having your potentially tainted coins dumped on me. And that's if I'm even willing to take the risk.

>When I need the privacy I can use XMR for the instant I need it.

Are you willing to pay a fat premium every time you want to acquire XMR? Are you willing to risk having all your swap offers rejected leaving you without access to the XMR ecosystem?

Because I can tell you right now: as soon as XMR <-> LTC atomic swaps are a thing me and most other MoneroChads will prioritize them over XMR <-> BTC atomic swaps for the simple fact that we're much less likely to end up with tainted coins that way.

TL;DR: using BTC will increasingly become an onerous, loss-generating ordeal, which makes holding XMR the wiser, safer, more future-proof choice.

>> No.49957918

>>49957667
>>49957723
I'll remember these for when I'm trying to onboard normies

>>49957738
Private holdings prevent help prevent wrench attacks from people you trade with.

>> No.49958098

>>49957654
Guys

>> No.49958144

Is there a world where monero gets plugged into etherium?

>> No.49958216

>>49931996
Is monerujo not private since its downloaded from the Google play store? If so whats a good private service that is mobile user friendly when it comes to wallets?

>> No.49958219
File: 68 KB, 509x360, 1654285576327.jpg [View same] [iqdb] [saucenao] [google]
49958219

You can always tell who is and who is not a privacy advocate in these conversations.

>> No.49958227

>>49958144
gross

>> No.49958235
File: 81 KB, 1280x720, 1652379171621.jpg [View same] [iqdb] [saucenao] [google]
49958235

>>49958144
Let's hope not. Ethereum is cancer.

>> No.49958241

>>49958216
Phones are inherently un private. Get a computer and learn to use it like a real hacker.

>> No.49958292

>>49958241
I disagree. Using monerujo on calyx or graphene without a sim card is secure enough as long as your entire stack is not on there.

>> No.49958295

>>49958227
>>49958235
>not wanting access to massive amounts of liquidity and sharing the good stuff with the rest of crypto
What happens when there are no more exchanges?

>> No.49958301
File: 1.85 MB, 500x395, 1656113817709.gif [View same] [iqdb] [saucenao] [google]
49958301

>>49957738
>Why would you want your holdings to be private again?

>> No.49958327

>>49958144
XMR-ETH atomic swaps are being worked on

>> No.49958340

>>49932149
Based wirey boi

>> No.49958413

>>49956299
>all your xmr in a hot wallet

Stop hogging all the chromosomes bro

>> No.49958497

>>49957738
Imagine bank transfers where you send money to someone to buy a car or whatever and they can instantly see your full bank account history and balance.
This is bitcoin.

>> No.49958755

>>49958413
Trezor

>> No.49958766

>>49956917
>I need someone to tell me why I should hold this that doesn't involve me wanting to evade the IRS
you're literally a brainlet i've been selling xmr for cash and paying taxes on it since 2017
are you a fucking criminal or something?

>> No.49958921

>>49956917
so don't hold it faggot. we can't make you care about privacy
imagine not seeing the problem with the entire world seeing how much money you have in your bank account at all times, who you transact with and what you spend it on
imagine not seeing the benefit of sending wealth across the globe with complete privacy and anonymity in seconds, for the first time in human history

>> No.49959004

>>49958327
Based
Open finance and private money is the best of both worlds

>> No.49959093

>>49958755
>trezor

Lmao #rekt

>> No.49959118

>>49959093
Show me one guy who lost his XMR because of a Trezor flaw

>> No.49959145

>>49958327
I want to fuck elizabethereum so bad bros

>> No.49959166

>>49959118
I did a two second google search and here is the first result out of many:

https://forum.trezor.io/t/recover-restore-monero-trezor-t-with-seedphrase/1161/2

You might want to do your research before trusting someone else with all your crypto

>> No.49959233
File: 361 KB, 2048x1536, DqwotMJXQAcLSMw.jpg [View same] [iqdb] [saucenao] [google]
49959233

>>49959145
>I want to fuck elizabethereum so bad bros

She posts here, so maybe you'll get lucky.

>> No.49959264

>>49932226
It's about Monero-chan, right?

>> No.49959327

>>49959233
I am pretty sure she was the IRL monero-chan.

>> No.49959458

>>49956012
It's even better anon, king shitcoin's blockchain stores the data for them. All they have to do is parse it whenever they want

>> No.49959516
File: 927 KB, 999x1027, coinjoin.png [View same] [iqdb] [saucenao] [google]
49959516

>>49957909
>1. Mixers aren't reliable, its why they're disappearing off the darknet.
>2. Mixing leaves you vulnerable to receiving tainted coins, which in turn leaves you vulnerable to coin seizure.
Mixers are ZOG

>> No.49959535
File: 80 KB, 890x675, coinjoin wasabi wallet dont work.png [View same] [iqdb] [saucenao] [google]
49959535

>>49959516
And don't work in any case

>> No.49959558
File: 536 KB, 718x1401, samurai wasabi wallet.png [View same] [iqdb] [saucenao] [google]
49959558

>hurr just use coinjoin and wasabi wallet
https://6102bitcoin.com/coinjoin-flagging/
https://twitter.com/bittlecat/status/1207621591820951552
https://twitter.com/RonaldMcHodled/status/1222172084610027523
https://web.archive.org/web/20200128233910/https://old.reddit.com/r/WasabiWallet/comments/beqj8r/bitfinex_lock_account/
https://web.archive.org/web/20200128234015/https://old.reddit.com/r/WasabiWallet/comments/czext2/paxful_account_was_frozen_due_to_coinjoin/
https://twitter.com/ODELL/status/1234514628115341313
https://twitter.com/kristapsk/status/1374336620158140419
https://www.reddit.com/r/blockfi/comments/skxiei/blockfi_horrible_loan_experience_fortune_lost/
If you listen to this surveillance coin kike you WILL have your address and coins blacklisted

>> No.49959581
File: 733 KB, 646x3201, bitcoin mixers traced.png [View same] [iqdb] [saucenao] [google]
49959581

>>49959558

>> No.49959603
File: 285 KB, 1080x658, jew crypto mixer.jpg [View same] [iqdb] [saucenao] [google]
49959603

>>49959581
But hey, this shill on 4chan told you to just use bitcoin amd a mixer. Surely a jew wouldn't lie to you would they?

>> No.49959831

>>49958292
>Using monerujo on calyx or graphene without a sim card is secure enough as long as your entire stack is not on there.

I was actually considering doing something like this once I got a better hold on how good (or bad) encryption is on android Roms is.

>> No.49959967

>>49957803
>only one did
Which? How can I use the view key?

>> No.49960475
File: 315 KB, 1158x1216, 1621059333778.png [View same] [iqdb] [saucenao] [google]
49960475

>>49946384
Zero to Monero is also good, it focuses more exclusively on the math and the technical details behind Monero though so I tend to recommend it as an optional followup to Mastering Monero if someone's still relatively new. It's like a long review article in a journal which has a lot of useful info but can be difficult to get through without strong background knowledge.

>> No.49960577

>>49959967
My mistake, I could have sworn Kraken did since they were doing proofs for bitcoin and eth, but they didn't do Monero yet. As far as I can tell they will Soon™

>> No.49960580

>>49959166
>did not do a proper backup
>it's Trezor's fault

>> No.49960794
File: 3.40 MB, 2107x2500, 1630454714986.jpg [View same] [iqdb] [saucenao] [google]
49960794

>>49957909
Great post, Monerochan would be proud

>> No.49960849
File: 481 KB, 1000x1000, mineonp2pool.png [View same] [iqdb] [saucenao] [google]
49960849

Do your part

>> No.49960933
File: 355 KB, 1987x1437, 1650999784422.jpg [View same] [iqdb] [saucenao] [google]
49960933

>>49959603
Keep exposing the nose anon

>> No.49961006

>>49960580
>having to back up a wallet on a third party usb stick
>not maintaining your own wallet

>> No.49961189

>>49961006
You don't back up your wallet on the Trezor you retard. Holy shit this board is riddled with clueless idiots.

>> No.49961233

>>49957909

Monero is better because it has a cooler logo and way better memes, and also Monero Chan. I don't know how anyone can support a coin that doesn't look cool and entertain. Bitcoin is fucking gay with gay memes and gay mascots.

>> No.49961249

>>49958295
Not possible. We can always depends on the dark net

>> No.49961528

>>49957738
reversing burden.
why the fuck WOULD you want everyone in the world to know how much money you have.

>> No.49961638
File: 305 KB, 661x800, narc.jpg [View same] [iqdb] [saucenao] [google]
49961638

>>49961528
>why the fuck WOULD you want everyone in the world to know how much money you have.
to envy, or to be envied, that is the question

>> No.49962033
File: 132 KB, 850x1190, 1647926027079.jpg [View same] [iqdb] [saucenao] [google]
49962033

>Mississippi gets Roe v. Wade overturned
>Southern states start banning abortion the same day
I'm so happy today bros. Maybe Northern Jannies shouldn't have forced us to stay in the country when we didn't want to.

https://www.youtube.com/watch?v=5OKdbc0DYpM

>> No.49962073

>>49962033
>Only the most populous nigger states ban abortion
Dammit.

>> No.49962419

>>49962033
Pay for abortions with XMR. Any medical doctors here?

>> No.49962655

>>49961189
>Holy shit this board is riddled with clueless idiots.

Yet here you are bragging about your bags.

>> No.49962834
File: 449 KB, 1428x2022, 1644907796270.jpg [View same] [iqdb] [saucenao] [google]
49962834

>>49957909
Came back and i'm greeted with the only substantial reply yet

>mixers yadda yadda
To be honest I haven't used one in many years nor really keep up with how much or less secure they have become. But this really isn't an issue because as I've already stated several times, I see the utility in XMR. It's just the holding it I needed convincing with

>Monero is fungible, Bitcoin isn't and its fungibility woes are set to worsen over time. That right there is reason enough.

Everyone ITT thinks I'm holding BTC and I'm not. I'm looking for -the best- places to park my money. Not just XMR vs BTC. Which is why I came here looking for someone to sing its praises. The fungibility argument is a plus.

>OK then, as the counterparty I'll require a fat 25% premium for assuming the risk of having your potentially tainted coins dumped on me.

Again, I don't hold BTC. I can swap to whatever asset you're willing to trade for, with the anchor being USD. Now we could argue how much longer USD has as an anchor of value, but it doesn't really matter. You won't make all of your purchases with XMR. Not enough entities will accept it. There is something that you will want outside of XMR. Whatever my preferred revenue generating asset is, I'll find a fair trade easy enough.

I think my major issue is this:
If XMR doesn't have enough incentives to HOLD it, then it will slowly depreciate in value relative to other assets. It will retain some value because of it's privacy, but it will always have that dark shadow or criminality over it, preventing it from being truly ubiquitous. Maybe I'm wrong here, but I don't suppose I am.

AGAIN, I understand why you'd want your holdings to be private. I understand why you'd want your transactions to be private. But I can't park my wealth in XMR for the fears above. It will simply be outperformed by other assets in the space. Hard.

>> No.49962901

>>49931996
How’s Dero compared to Monero? I was looking at both.

>> No.49963113

>>49960849
Ain't MineXMR the one that confirms the "mined" blocks on p2pool?

>> No.49963127

What's your accumulation strategy xmr bros? I want to buy in but don't know if we'll be going down even further into a bear market

>> No.49963272

>>49932541
Yes. And that Bitcoin will buy you a loaf of bread or equivalent.

>> No.49963279

>>49956516
Fuck yeah he's got some moves

>> No.49963314 [DELETED] 
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>> No.49963354

>>49963113
no. p2pool is totally decentralized. as such, there is no pool fee. those that mine with minexmr do so as their mining rig doesn't need to have the blockchain on hand (pruned or full), where p2pool requires at least a pruned blockchain.

>> No.49963397
File: 386 KB, 1722x1080, SwissBankingSecrecy.png [View same] [iqdb] [saucenao] [google]
49963397

>>49962834

>You won't make all of your purchases with XMR. Not enough entities will accept it.

You could say the exact same thing about gold/silver coins lol. Anyway, the historical example of Eastern Bloc black markets clearly demonstrates that "hard currency" (in their case USD or DEM), once sufficiently recognized as such, becomes infinitely preferable to state-issued currency once inflation/capital controls are in effect.

>Whatever my preferred revenue generating asset is, I'll find a fair trade easy enough.

If that asset is taintable, traceable or subject to being frozen like USDC, you'll likely have to take a loss trading it for XMR, and that's if you are even able to find a willing counterparty in the first place. The XMR holder is always going to be the one assuming the risk, so expect to pay accordingly.


>If XMR doesn't have enough incentives to HOLD it,

It helps if you think of XMR in terms of traditional Swiss banking secrecy: what are the incentives for stashing millions/billions in offshore bank accounts?


>It will retain some value because of it's privacy, but it will always have that dark shadow or criminality over it

Transnational organized crime is a multi-TRILLION dollar industry with a vested interest in keeping its capital flows off the radar, so its cryptocurrency of choice can expect to have a steadily inflating market cap.


>But I can't park my wealth in XMR for the fears above.

So don't.


>It will simply be outperformed by other assets in the space. Hard.

In the space? Crypto? Dog memes? True, Shiba Inu did deliver 45 million % gains........

>> No.49964101

>>49963354
I thought that's how it works. You mine virtual blocks that get send to the actual miners who chose to include them into the mainnet

>> No.49964102
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49964102

>>49963397
>It helps if you think of XMR in terms of traditional Swiss banking secrecy: what are the incentives for stashing millions/billions in offshore bank accounts?

This makes more sense the more secure my financial situation is, as in, the more wealth I have the more it becomes attractive to hide it. So I can see the argument there. Doesn't fit my personal situation...yet. I just might pick up a small stack once I have a little more capital. Maybe 5% of my holdings.

>Transnational organized crime is a multi-TRILLION dollar industry with a vested interest in keeping its capital flows off the radar, so its cryptocurrency of choice can expect to have a steadily inflating market cap.

Agreed. Though I would still add that others assets will outperform it.

>In the space? Crypto? Dog memes? True, Shiba Inu did deliver 45 million % gains........

Pic related

>> No.49965240
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>> No.49965674
File: 115 KB, 1360x307, AI mentions Monero.png [View same] [iqdb] [saucenao] [google]
49965674

>>49911488

>> No.49965848

>>49956299
>he disclosed

>>49956465
>>49957016
And there is nothing wrong with running a remote node. There are only privacy risks if you use someone else's node, but if it's your own then it doesn't matter whether it's remote or local. Especially if you connect to it through tor.

>> No.49966110 [DELETED] 

>>49955477
>abortion is genocide.
What if Monero was used to fund genocides

>> No.49966123
File: 904 KB, 756x800, 1649379143306.png [View same] [iqdb] [saucenao] [google]
49966123

>>49955477
>No, abortion is genocide.
What if Monero was used to fund genocides

>> No.49966734
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49966734

>> No.49966744
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>>49966734

>> No.49967161

>>49965674
Hmm. So crime must have fallen by nearly 80% over the last year.

>> No.49967165
File: 1.14 MB, 1022x1432, image6-1.png [View same] [iqdb] [saucenao] [google]
49967165

>>49943302
Yes, as we all know, things shared online by Internet schizo Nazis never end up shaping culture at all.

>> No.49967563

>>49967165
Since when is basic privacy a schitzo thing?
I guess that everyone has a need for privacy
For those people that don't value privacy, go install a webcam on your toilett and stream your daily shitter session online.

>> No.49967580

>>49967161
>value = price
you figured it out

>> No.49967997

>>49932121
>ive jerked off so much during the last 3 days that ive ended up fapping to ballbusting
You've done well, faggot

>> No.49968031

>>49966123
Monero is just a tool, same as money.

>> No.49968063

>>49932530
Won't take too long before people see what matters: fundamentals and privacy coins/PriFi solutions. Whatever the coin is, it is about to be flipped 40 times over

>> No.49968111

>>49933813
IRS coming with a full fuckin force

>> No.49968285
File: 90 KB, 1030x580, 600 dollars.jpg [View same] [iqdb] [saucenao] [google]
49968285

>>49968111
checked

>> No.49968400

>>49968111
jokes on them, i only have losses

>> No.49968679

>>49968031
Not just a tool though, a vital one

>> No.49968735
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49968735

>>49968285
No matter how intense it gets, privacy will become essential. There will inevitably be a legal need for privacy that corresponds to laws similar to the EU’s General Data Protection Regulation. Can't wait to see how it all plays out

>> No.49968745

>>49968400
Haha, 100% loss? I guess not

>> No.49968758

>>49966734
It is a private MISSION

>> No.49968773
File: 27 KB, 368x317, d3731abb-2a60-4ba9-8059-b776665448e234567.jpg [View same] [iqdb] [saucenao] [google]
49968773

>>49939331
That's the fucking point. It is hidden!

>> No.49968787

>>49968745
boating accident, very tragic

>> No.49968857

CAN I BUY MONERO ON GATE AND GET IT OFF THERE?

>> No.49969175
File: 395 KB, 663x658, 1548132625279.jpg [View same] [iqdb] [saucenao] [google]
49969175

>>49956917
I hold because I believe it will surpass BTC in price due to its anonymity features making it more of a "real" crypto. The successful usage for criminality like darknet drug markets, tax evaders, hackers, and terrorists is attractive to me because it's a huge "fuck you" to the nanny state. Some darknet markets have switched from BTC to only taking XMR which I think is telling.
Mainly I think it comes down to your perspective of the future. Do you believe that the government will get worse, more invasive, more controlling, regulating what you say, think, and when you can or can't take a piss? And that more and more things will be "forbidden" and restricted and that there will be a heightened need for anonymity and privacy to escape from an evil and corrupt system?
I think it's likely we'll end up in some 1984 or Half-Life 2 hellscape dystopia where due to the insanity of the authorities even normies will have to turn to XMR to get what they need done due to how restrictive and limited the traditional system will become.

>> No.49969324

I just found this link on /pol/ about how BTC fraud really operates.
m i l e s w m a t h i s dot c o m slash bitfraud.pdf
What do you think?
Also, try reposting the above link without spaces a reply to this post.

>> No.49969342

>>49969324
>spaces a reply
as a reply

>> No.49969803

>>49962834
>If XMR doesn't have enough incentives to HOLD it, then it will slowly depreciate in value relative to other assets. It will retain some value because of it's privacy, but it will always have that dark shadow or criminality over it, preventing it from being truly ubiquitous. Maybe I'm wrong here, but I don't suppose I am.

Interestingly, the criminal element is exactly why you'd want to hold Monero, and cash for that matter. Consider that criminality is subjective and subject to change. If you sold something to someone on craigslist and didn't collect taxes on it, you're a criminal. If you pick up $601 off the floor over the course of a year and don't report it, you're a criminal. Paid someone to repair something in your house but didn't know you needed a permit for that? STOP RIGHT THERE CRIMINAL SCUM.
Point being, the amount of things that people can't do with money or for money has been drastically increasing over the past 100 years and have shown no signs of slowing down. It's not that farfetched to think that the amount of things you aren't permitted to do with money will continue to decline. Add that to the dragnet that's already in place and CBDCs on their way to replace cash, and you end up in a place where you can very easily be pushed out into the criminal world where the only way to transact is with Monero.

It gets said a lot amongst the crypto community that monero is a bet that things will get worse, but it's not that far from the truth.

>> No.49969815

>>49969803
based poast

>> No.49969900
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49969900

>>49944325
business users who have never, and never plan to break the law, have a use case for Monero. You don't want anyone else knowing how much money you have, especially if you're trying to negotiate in business.

>> No.49970739

>>49969803
This is exactly the same talking point i use to convince people to be more aware of their privacy.
Imagine, living in a world, where you own a house, your brother is a construction worker and helps you to build a garage and you want to finally compensate him for weeks of work.
With a central bank cashless money system, he would have to explain to the IRS, why this certain amount of money came onto his bank account. They would probably punish and tax him afterwards when they find out that you have a new garage or it got repaired.

I personally, don't want to live in such a world.
Monero is currently the only way to hide transactions from globohomo when they got through with cashless.

>> No.49971206

>>49946338
cool
any others doing that?

>> No.49972210
File: 2.97 MB, 2000x2800, 1655219932133.jpg [View same] [iqdb] [saucenao] [google]
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>> No.49972390

>>49950000
How did this go unchecked?
Checked

>>49970739
A CBDC would be a nightmare for anyone who owned a small business. Someone should probably get to work on a peer to peer FOSS version of shopify or something to contain the eventual shakeout from eBay/etsy/kikebook marketplace/etc where they can sell their stuff in peace. I can't see normies figuring out how to use alphabay, nor would they want Karen on there selling her hand made lingerie, but she can handle an app that 'looks kinda like eBay'

>> No.49972745

WHY IT WON'T GO DOWN, I WANT TO BUY UNDER 100$

>> No.49973172

>>49972745
>I WANT TO BUY UNDER 100$
The price really doesn't matter, just buy know and get in on the ride.

>> No.49973274
File: 253 KB, 800x2000, Monero - How To Buy.png [View same] [iqdb] [saucenao] [google]
49973274

>>49972390
I honestly thought about the exact same thing.
A platform where paying in Monero is the mandatory way. A decentralized webside that is organized P2P.

Once a week, we have a local market here, where farmers and owners of local small businesses do sell their stuff.
All from vegetables, cheese, meat, milk honey, candles and other stuff neat to have.
I talked to some of them and they are all pissed at the goberment for taxing the shit out of them.
None of them said it directly, but some gave me a hint on only being able to survive economically, because they sell one or the other thing besides the cashier.
And that's a hard reality for local stationary shops as well.

I honestly plan on organizing a meeting, to explain in detail what Monero is, how it works and how they can use non-KYC platforms to cash out via their kids and family if they should need so.
My guess is that from the merchants perspective the interest in using Monero will absolutely be there, but the biggest problem i see is to convince the customers to use Monero to pay for goods or services.
Never underestimate the convenience. Especially not, if it's conservative oldfags that naively belive the regime will never harm them or their interests.

Boomers are pest. And that's coming from someone being 49 years old. Lol.

>> No.49973464

>>49931996
I am so thankful I got fully zcashpilled in 2018 during the bear market and when the signal-to-noise ratio was optimal. Constant 300+ replies threads exploring potential use cases and daily breadcrumbs research, it was biz at its peak and in these unique conditions, so many forged crazy dreams and iron convictions.

Today it's impossible for a newfag to get immersed in this deep level of conversation, and therefore to grasp the full reach of its potential. It so easily gets overlooked, ignored, disregarded, because so much of the noise in the space is meaningless, og's (enjoying their success or simply waiting patiently) have internalized their insights and ceased discussing as much, therefore exposure to spoonfeeding is minimal.

In 2017, partaking in zcash threads was a genuinely surreal experience. A small autistic community had uncovered the opportunity of a lifetime, it wasn't just a "what if" possibility, but surrounded with absolute certitude, this was "the one". The most surreal aspect that if you did the research and understanding, you knew it was as real as it could get, but literally no one was talking about it anywhere else.

3 years later and all the og's just remain confident for the long term. All these countless hours digging into the privacy problem, zk-spark use cases, understanding the implications of shielded addresses, dark net ware adoption, pumpenomics, etc. But for a casual observer, all they see is the weak short term price action, and it doesn't incentivize them to research further. "Oh, it's just another token like all the others, what's so different about this?". "Trusted Setup and Private transactions? Sounds like techno babble, I don't get it, what does it do that Bitcoin can't do?".

With staking and ZCH-Plus on the horizon, everything will change. Everything. The switch will be flipped, big time. No one will be able to keep ignoring it. Either start research right now, or you'll be late.

Zcash - It's inevitable

>> No.49973593
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49973593

>>49973464

>> No.49973624

>>49973464
o p t i o n a l p r i v a c y
p
t
i
o
n
al

>> No.49973639

Who created cryptonote

>> No.49974141

>>49973639
Sergey Nazarov

>> No.49974194
File: 127 KB, 764x896, deworm.png [View same] [iqdb] [saucenao] [google]
49974194

>>49973464
lmao what is this tranny shit
z-cash is a joke and has no adoption; please dilate and de-worm

>> No.49974243
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>>49973464

>> No.49974362
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49974362

>>49973464
>zk-spark
Zcash users seem to always bring up how good their zero kmowledge proofs are, yet they clearly have no understanding of them because if you at least knew what the acronym stood for, there is no way you could have possibly spelt it wrong

>ZCH-Plus
What is this, some sort of subscription service where you can only pay using fiat? Thanks but no thanks, there shouldn't be some founders tax on money. Plus, with the trusted setup and lack of asic resistance, you essentially get a system which is essentially just like banks, but somehow is different because zk-snarks or something.

>> No.49974838

>>49973274
There's a shop by me that 'encourages' the use of cash over credit cards by offering a discount. I'm sure the shop owners can offer something similar, and boomers would happily learn how to save a few bucks. boomers love their discounts and coupons.

>> No.49974840
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49974840

I've been thinking, are proof of work coins only going to actually grow big time when they start toppling 90s type centralized internet services like AWS and google? I dont know much about networking but the energy usage of bitcoin is always brought up by MSM, like it could be taking energy away from these huge big tech servers. I also noticed that post about blockchain being an incredibly slow but secure system and fancy dapps being a meme. Powerful people also dont want to see china ever collapse for its connection to powering big tech. Did the government and tech monopolies get an endless cash cow in the 80s/90s off centralized servers and they only really fear proof of work crypto cause it threatens their cash cow? Is big tech like auto companies in early 80s when apple came around and made them less relevant to moving the economy and monero decentralized marketplaces like apple in 1980?

>> No.49974979

>>49974840
Well monero's asic resistance definitely helps with the power consumption problem, but like with every other blockchain, people are never sure if it can scale well. The answer for monero right now is not really, but with technologies such as sepharis, it might be possible.

>> No.49976004
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>> No.49976413

>>49949088
>pattern seeking brain to avoid predators
yes that is why all of the prey have the largest brains lmao

>> No.49976437

>>49958755
when u locked in?

>> No.49976518

XMR > BTC

>> No.49976954
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49976954

>>49973464

Fuck yeah, Z-chads taking back control!

Moneroniggers bout to learn a painful lesson about natural selection.

>> No.49977431
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>>49973464

>> No.49977622
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49977622

Drop the zero and get with the hero.

>> No.49977766

>>49974840
Nothing to do with it.
>the energy usage of bitcoin is always brought up by MSM, like it could be taking energy away from these huge big tech servers.
Ridiculous. If the energy demand rises, energy production will rise. As it just does, naturally. Bitcoin mining no more "takes energy away" from server farms than it does from your ceiling lights, and so far the world isn't seeing an energy shortage. The kvetching mostly comes in terms of arguing about the environment, plus the issue of inflation due to miner rewards (or, for bitcoin, security collapse due to lack of miner rewards).

Decentralisation definitely threatens central servers but a) this has nothing to do with PoW, it's just decentralisation in general; b) it also has nothing to do with blockchain for that matter, blockchain is just one decentralised technology with some very niche uses, and things like torrents, IPFS, and federated systems (matrix, mastodon, etc.) are a far far bigger thread; and c) in any case central services are not severely going to be threatened ANY time soon, because 99% of normies still just happily consoom whatever centralised app or website they are shoved, and all of those things need to be hosted centrally.

>> No.49977873
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49977873

>>49976954
>>49977622

Nobody gives a shit about your backdoored corporate compliance coin. Start a ZEC General and find out.

>> No.49977958
File: 28 KB, 516x319, FEnDnktXoAIP-oU.jpg [View same] [iqdb] [saucenao] [google]
49977958

>>49977873

That's only due to you niggers constantly FUD bombing it. Can't play fair so you gotta keep piling on the bullshit.

But you can't supress the truth forever.

>> No.49978025
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49978025

>>49977958

lol feel free to make a point-by-point rebuttal. We'll wait.

>> No.49978090
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49978090

>>49978025

Sneed.

>> No.49978100
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49978100

>>49978090

Trannies first.

>> No.49978114

>>49977873
This
ZEC is no longer a true privacy coin.

>> No.49978137
File: 1.03 MB, 1920x1080, 164572594624.png [View same] [iqdb] [saucenao] [google]
49978137

>>49978114

Never was one to begin with lol

>> No.49978158
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49978158

>>49974840
>Did the government and tech monopolies get an endless cash cow in the 80s/90s off centralized servers and they only really fear proof of work crypto cause it threatens their cash cow?

Sort of. Their cash cow is ipv4, and they're shidding and fardding over distributed protocols taking their centralization away from them. Pic related explains it better than I can. Proof of work coins are just another thing that will make centralized internet harder to maintain

As far as the electricity goes, if you watch the Monero Talk episode with Tom Luongo he brings up a pretty good point: proof of work coins rescue electricity that would have been lost to ground anyway.

>> No.49978179
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49978179

>>49978100

Daira runs circles around your obese ponyfag.

>> No.49978207
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49978207

>>49978114

Cool story, pedocoiner. Enjoy watching PoW being obsoleted!

>> No.49978250
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49978250

>>49978179
>Daira runs circles around your obese ponyfag.

Ze surely does!

>> No.49978257

>>49978250

lol what a freak. being trans is a sin.

>> No.49978336

>>49978250

The tranny shit is played out. Find new material.

>> No.49978353
File: 128 KB, 980x698, E5PR9swWEAcHdaC.jpg [View same] [iqdb] [saucenao] [google]
49978353

>>49978257

Being a Moneronigger is an abomination.

>> No.49978379

>>49978250
Poor guy, this is someone’s son

>> No.49978396

>>49978353

stay devastated troon. ywnbaw, I dab on you with ease and style

>> No.49978427
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49978427

>>49978336
>The tranny shit is played out. Find new material.

Reminding the world that a mentally ill communist homo is Zcash's head (lol) engineer will never stop being hilarious.

>> No.49978456

>>49978427

don't forget that all trans are also child molesters. Someone should inspect his hard drives.

>> No.49978713
File: 28 KB, 615x409, 08F2C8AD-AF80-4BD8-8443-77C6AA47D383.jpg [View same] [iqdb] [saucenao] [google]
49978713

>>49973464
It’s over monerobros.

SHUT IT DOWN!

>> No.49978750

>>49978427
Why would a communist troon work for a corporation that's creating a digital currency. This shit makes no sense

>> No.49978755

>>49967563
Everyone values privacy, the problem is that they probably don't even realize it

>> No.49978774

>>49978114
Then what is at true one? There appears to be a major highlight on smart protocol that supports private txns in general.

>> No.49978781
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49978781

>>49976518

>> No.49978798

>>49968031
Depends on the context. I'll consider Railway to be a tool rather than Monero. Monetary values are not often the primary focus on tools. Utilities are

>> No.49978952
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49978952

>>49978750
>Why would a communist troon work for a corporation that's creating a digital currency. This shit makes no sense

I would assume because that corporation otherwise shares the same core values.

>> No.49979001
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49979001

>>49978427

Yet Monero is a bona fide Nazi coin

>> No.49979139
File: 49 KB, 521x446, Skärmavbild 2022-06-26 kl. 07.12.24.png [View same] [iqdb] [saucenao] [google]
49979139

If i live long enough to get a first payout???
I find motivation in doing it for the lulz.

>> No.49979909

test

>> No.49979923
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49979923

>>49979909

Congratulations.

>> No.49979978
File: 1015 KB, 768x1167, natsoclolinero.png [View same] [iqdb] [saucenao] [google]
49979978

>>49979001
good, bought more. YWNBAW.

>> No.49979980

>>49957738
It is a personal thing and it isnt complusory, if you feel its unnecessary then you fucking opt out fag. I have mine connected to Railgun because it is nit token gated and you dont have to hold the token to be able to access its privacy platform.

>> No.49980026

>>49932121
>I caught covid for the 4th time this year
you must be vaxxed
I never got the rona and havent even had the sniffles since 2019 git gud faggot

>> No.49980052

>>49956917
Talking about the conversion, then you can use Railgun, it is not token gated so you dont have to hold the token to use the platform, that is what I use as well because of its flexibility

>> No.49980127

>>49978250
Holy fucking shit is this for real?

>> No.49980135

>>49978755
Some brainlets do not even understand the concept as a whole, the primary need is to keep pryng eyes away from your transactions and reduce drastically your risk of bein hacked, I connected to a privacy platform that makes use of the zero knowledge proof and I can perform trading where no one can copy my faming strategies

>> No.49980149

>>49978750
you dont' get it, half the people in tech are trannies. There's some kind of brainwashing going on that makes people in tech more likely to be trannies and more likely to accept trannies. I can't find it now, but there was even a study back in the 70s or 80s that said mathematicians were actually the most likely to be transgender. Personally I think it's something about being able to view gender in an abstract way because they just type numbers all day.

Either way, it's endemic. That's why there are unironic right wing trannies out there. They've been completely mindfucked by the architects

>> No.49980216

>>49977873
Monero isnt token gated you ass hole, so you have to hold the coin to make use of the privacy platform, that is primitive.

>> No.49980416
File: 60 KB, 720x832, ivg7k2qikhx81.jpg [View same] [iqdb] [saucenao] [google]
49980416

>>49980216

Systemic complexity is the worst enemy of security, dipshit.

>> No.49980808

>>49980416
Is that the guy that Courtney Love used to fuck?

>> No.49980863
File: 53 KB, 634x447, 16986724387354.jpg [View same] [iqdb] [saucenao] [google]
49980863

>>49980808

"that guy" was a pretty big deal 30 years ago.

>> No.49980971

>>49944325
they literally do stop you from using your coins to buy whatever (even fiat if you accumulate enough growth), fuck the changs and pajeets at binance

>> No.49981129

>>49978207
PoS stops people from being able to get the coin in a truely private way. Plus it encourages people to not spend their money and just lock it away to make more, meaning that less of the coin is actually in circulation and is able to be spent, which in the end lowers its value.

>> No.49981317
File: 241 KB, 768x768, kcm3e9l882571.jpg [View same] [iqdb] [saucenao] [google]
49981317

Buy Zcash, you fucking midwits

>> No.49981434

Can someone here explain to me why wownero isn't better? Solo mine only is based....

>> No.49981463

>>49980863
Kurt dying was a blessing. Grunge did unspeakable damage to rock music.

>> No.49981490

>>49981317
>buy privacy coin that isn’t private
Why?

>> No.49981532

NEW THREAD: >>49981531
>NEW THREAD: >>49981531
NEW THREAD: >>49981531
>NEW THREAD: >>49981531
NEW THREAD: >>49981531
>NEW THREAD: >>49981531