/biz/ - Business & Finance

>>52421740
You are not dumb.

it's banned in Australia

>>52421740
Monero is not as important as you think

>>52421740
> All your devices are backdoored
> Your internet browsing is visible
> Inflows to and outflows from your bank accounts are visible
> Your physical location is tracked via cellphone towers
Your "privacy" internet coin is useless because they can track you in a billion other ways. Pay your taxes.

>>52421740
It's almost as if the government isn't an invincible monolith.

>>52421875
literally this we should all just give up

>>52421740
It's the ultimate midwit coin. For people smart enough to know privacy is important but dumb enough to think that ring signatures are enough.

>>52421946
glowing very bright tonight

>>52421946
They caught the former NSA agent that tried selling secrets to Russia. Take a guess what he requested and what they immediately tracked as it was moved?

>>52422755
his google search history

>>52422755
Checked. Navy not NSA though: I can't imagine NSA guys touching Monero.

>>52422755
Dollar cash

>>52421875
still need private money so the average person doesn't rob you after you buy a drink with crypto

>>52421775
not banned, you just buy it from a kyc exchange

>>52422755
>retard leaves breadcumbs irl/on the clearnet
>monero tangently related
>IT WAS THE MONERO
https://www.theverge.com/2022/9/30/23380233/nsa-employee-fbi-selling-secrets-espionage-act-jareh-dalke

>>52421740
that even the leading privacy coin can still be tracked around

>>52422806
Yeah not really. Nobody gives a fuck about tracking down your btc wallet unless you're a whale, in which case you would have a system in place. The only use for monero currently is buying drugs on the darknet, which is retarded because feds are not wasting time tracking crypto transactions, they are just scanning every piece of usps mail and once in a while send a team to arrest a dealer or heavy buyer.

>>52422791
Dad's google history!

>>52422965
>Nobody gives a fuck about tracking down your btc wallet unless you're a whale
You wanna bet your livelihood on that when people will still break into cars to steal an iphone? If they get your btc address your probable total btc worth be found on a block explorer in less than ten seconds. This is even worse for the average person who doesn't have the time to have multiple btc addresses

Allowed? We're out there despite them, not thanks to them. I'm a Monero user and I've got the feeling they're trying their best without going too fast and causing a Streisand effect. Monero is pretty obscure so causing a whole banning episode is maybe not worth the risk of increased attention and scrutiny. Then there is a practical aspect, the government is full of boomers and moves slow in the first place and crypto is still treated as novel and obscure. Monero is already largely delisted by the cucked exchanges in anticipation. The governments that do get around to do it, largely ban Monero. Some like US maybe won't directly ban it to pretend they have freedom, but may try to gimp its usability. (Arguably already the case) We'll still use it though. Fuck them. Before they tried to ban your crypto(currency), they were banning your crypto(graphics) and trying to control your private keys. Remember history.
http://www.cypherspace.org/adam/shirt/

>>52421981
>It's the ultimate midwit coin. For people smart enough to know privacy is important but dumb enough to think that ring signatures are enough.
Then you'll be happy to know ring signatures are only one of many ways in which Monero guarantees privacy. Still ring signature is fine for its job. People who think it's not or fall for the anonymity set FUD are the midwits here.

>>52421775
on the australian exchanges sure
but you can easily go to a dex and buy it no?
like https://sideshift.ai/btc/xmr
always test with small money first though, i've not tried it yet

>>52422856
topkek that pic

>>52422965
i bet you dont even hold $100 in crypto, retard

>>52422840
>>52422755
>After the initial transaction was made, the FBI says that Dalke requested that his contact set up a secure connection at a public location from which he could transmit the documents in their entirety. The undercover agent told him that he could find this at Union Station in Denver; but on arrival, Dalke was arrested by FBI agents and taken into custody.

...

>>52421775
I always wonder what's so fucking wrong with australia
>everything kills you
>mostly a shitty desert
>anime is illegal
>draconian lockdowns
>wants to ban anything fun
Like, how did you guys fuck up so bad? Did you run over god's dog or incur in some voodoo aboriginal curse by any chance?

>>52421740
I trust monero since all the pizza places switched to using it

0xMonero is more private and has better tokenomics

>>52424880
The mantra here is "anything that's bad should be banned, anything that's good should be mandatory"
The question of WTF is wrong here is one I constantly ask myself. It's pretty recent (last 15 years I'd say) and a lot of people in the world don't even know it's happened. We seem to sleep-walked into some kind of corporate dictatorship. We don't really have opposition in the media. Sure, there's the "left", government funded ABC, and the "right" Murdoch press but on all major issues they agree. This was very noticeable during the pandemic. Likewise our political parties are just two flavours of the same shit, and the leaders of those parties are made or destroyed by the media. Lots of old boomers hang on every word of the radio talkshow propagandists, I'm amazed at how a person loved in the media can do or say something wrong and become hated, and how people you talk to while waiting for a coffee just swallow the narrative hook, line, and sinker and are talking shit about whoever the current person is who is undergoing trial by media.

It's basically unstoppable that's why, plus it's useful for when the intelligence agencies need to launder money. Same thing with TOR.

You can't build a coin whose sole purpose is privacy.
There are already private ways to send bitcoin, they're just not ironed out or easy to use, this will improve with time because it's an essential feature

>>52422755
>Sold classified documents which only he had access to
>Requested X Y and Z amounts of an unnamed currency
>Cashed out the exact amounts X Y and Z of the unnamed currency on a centralized exchange on an account registered with his american ID
>Then met up in person with federal agents
Guess he got caught because of XMR not being private enough lol

>>52424880
>can't stop suckling angloid cock
>turns into a submissive and breedable nanny state
>sold to China for bottom dollar
It'd be funny if they didn't have every chance to not turn into Hotter Canada along the way. They should've let the emus run the place after they lost the war instead.

>>52421740
It’s the same reason the government not only allows, but actively donates to the tor project. Because they need anonymity too, and they launder money with Monero. The only way for anonymity to be genuinely anonymous is for everyone to have it.

>>52421740
It isn't really, no exchange operating in the US trades it, it isn't traded in a lot of US friendly countries, and almost all exchanges trading it are KYC/AML shitfests, all of this without official government interference
There's also the suspected Binance fractional reserve

>>52425275
>Guess he got caught because of XMR not being private enough lol

lol

>>52424834

>>52425264
>You can't build a coin whose sole purpose is privacy.

This has to be bait.

>There are already private ways to send bitcoin, they're just not ironed out or easy to use, this will improve with time because it's an essential feature

Thing is, seasoned OPSEC gurus find all of Bitcoin's proposed privacy solutions inadequate and continue to push for a Monero-only standard.

>>52425502
kraken is US based, trades in it, and is v based

>>52421875
>* generated a wallet on a device that never been connected to the internet "
>give yourself a view key for confirmations
>???
can monero bros stop winning for once?

>>52424880
Their spider overlords have had enough, they want Aussies to suffer.

>>52421740
by banning it they would tip off retards that its good, it would make it more credible, the streisand effect. better to just send backchannel messages to every regulated exchange that they are not allowed to list it and quietly spy on/harass its userbase and devs

>>52421740
>Seems kinda strange like the governments are okay with it
some government officials use it to hide bribes