/biz/ - Business & Finance

>gets banned
>drugs dealers dont give a shit about laws (funny that)
>keep trading
fuck the government.

>>53112215
Monero will be useless if dealers can't exchange it for fiat to get gas and groceries. If exchanges ban it you won't be able to trade bitcoin and cash out anonymously that way.

>>53112210
>Already priced in because normie retards continue to fall for the "getting banned" meme

>if
>if
>if
>if

>>53112253
>Monero will be useless if dealers can't exchange it for fiat
incorrect.

>have monero
>find international/darkweb exchange to swap for BTC
>cash out BTC

Back in the day we used to buy crypto cash before fiat on ramps. Now to avoid getting robbed you do the deal somewhere nice and public, even better do the exchange in a safety deposit box room in your local bank.

>>53112253
There will always be some exchange that accepts XMR, and you'll always be able to swap for another crypto and try to sell for fiat.

The only way they can actually ban it is to create a crypto-wide monitoring program where moving in and out of the system outside of approved channels is criminalized; that is if you got Bitcoin from an unapproved address, you are now blacklisted until you can prove origin of funds. Not to say they can't do this, Elizabeth Warren's bill would bring us much closer to that reality should it pass. The point is though, it's gonna take some really expansive and draconian shit to make it happen, and barring that Monero will continue to be usable.

>>53112215
>>53112261
>>53112276
>>53112285
>>53112311
Believe it not most people are not trying to break the law. If your usecase is just for people who are okay with breaking the law that's an insignificant amount of people

>>53112210
What's the deal with everyone coping over Monero lately? It's not just Bitcoin maxis any more. Every shitcoiner has been seething over it.

>>53112565
Soon saving itself will be against the law. You will be required to hold CBDCs which come with a built in expiry date to that you keep spending and consuming.

>>53112612
writing on the wall, their bullshit is collapsing and monero is gaining sats every week

weasels think their scam will work forever

>>53112612
monero doesn't do anything and leaks into every thread.
>>53112657
Literally have been saying that same exact thing for like 7 years, how new are you

>>53112285
so BTC is still the one with the value lmfao

>>53112671
I see you have low time preference, probably the perfect time to buy property in los angeles for you

>>53112565
You dont comprehend the crypto community at all boomer.
Crypto is very ancap.
And our assets are in cyberspace beyond anyone's "regulation"

>be me
>faggot government tries restrict leverage i can use on crypto
>just open account with non KYC broker offshore.
fuck the government.

>>53112713
>>53112772
>dude when Monero is only used on the dark web on the fridges of society it'll be worth so much money
Do you understand how retarded you guys sound?

>>53112855
>I only invest in shitcoins that have no users

>>53112682
Its common use by fiat ramps & limited 21 million supply are the only things that give BTC value.

But It has no other utility or privacy. Who the fuck wants to hold their wealth in a coin where every single cunt can see everything you own, and every transaction youve ever made, and all those peoples account too.

https://youtu.be/SgpKDVkvboE

>>53112311
>There will always be some exchange that accepts XMR
Not if it's banned retard.

>>53112939
>he thinks the government can "ban everything" and have it work
do you know what torrents are you mongoloid?
>>53112565
perfect. keeps them out until the need it. I am stacking.

>>53113354
>torrents
Retard alert.

>>53113582
what are you talking about.
you actually have the retarded concept that every government in the world is going to simultaneously ban monero and make it illegal under some insane circumstance such as death or jail.
Torrents are illegal, and yet everyone uses them.
Hell, my normie friends all stream tv shows.
You are retarded.

noooooo they made the currency we use to buy illegal goods illegal nooooo

>>53112855
Exact same way bitshit worked, it is meaningless now, monero replaced the only usecase

>>53112210
That's not how it works you retard>>53112215

>>53113769
Yeah and it was worth jack shit when it was just retards on the dark web you absolute smoothbrain

>>53113796
>Be retard anon in 2013
>"Bitcoin is worth jack shit because it is just retards on the dark web you absolute smoothbrain"

>>53113725
>Torrents
There you go again, shit-for-brains. Torrents don't need onramps. Any interface with the global banking system can be shut down in 15 minutes.

>>53113796
holy fuck how do you live life being this retarded. god you are pathetic.

>>53113796
Bitcoin never had a usecase other than pretending to be monero

>>53113839
>>53113885
>>53113940
Incels buying drunk in the dark web is not a use case retards. Why do you think is market cap is small compared to even dead chains like Litecoin.

>>53112210
Just use a dex lol

>>53112939
Do you think that every country is going to ban Monero?

>>53114130
Don't need every country. Just block any onramps from the banking system.

>>53112210
The blockchain will become useless to some anons if there isn't privacy gets banned

>>53113879
You need websites to access the torrents you FUCKING RETARD lmao

>>53114162
No moron, you don't. Not that it is remotely relevant.

Monero is truly one of the most based things to ever occur. Let's just hope it wasn't created by glowies as well. (It probably was).

>>53114138
What if it's hosted in Russia?

>>53114179
Irrelevant where it is hosted.

>>53114202
You must mean that all crypto exchanges would be completely blocked from having any kind of offramp?

>>53114231
No inflow from or outflow to anything resembling a bank.

>>53114130
>>53114179
>>53114231
wow that sounds so accessible for people. sure it'll get a 3 trillion market cap in no time. absolute RETARD

>>53112285
When I started using silk road in 2012 I had to go to the fucking bank with cash (and change because the exchange would make you add some number of cents to identify your deposit), make a direct deposit to a business account, wait 4 business days, then I could buy my bitcoin.

>>53114281
Basically the only way to get rid of Monero is to get rid of all fiat off ramps for all crypto everywhere in the world

>>53114371
>our monero is worth jack shit but it still exists! That'll show ya
wow you got me man

Already illegal in Australia. Don't waste your money folks.

>>53113354
Aren't torrents banned in most developed countries to a point they have to pay for a VPN?

>>53114174
Privacy is so based, couldn't have been created by glowies

>>53114109
Keep crying

>>53112210

>isn't actually permissionless and censorship resistant enough to be banned.
>the market finally realizes
>loses 99% of its worth immediately

Isn't life funny?

>>53114846
Glowies created Tor.

>>53115101

They also created SHA-256.

https://en.wikipedia.org/wiki/SHA-2

>Bitcoin FUD from 2014
Not financial advice.

>>53115178

Guys... guys... I'm.. I'm EARLOOING. I'm so EARLY it's incredible. I'm gonna... I'm gonna...

>>53112210
i've been hearing this FUD about crypto for years. Fuck off. With that being said - the people in charge know about private coins and even if they do decide to ban them they're going to try and ride the wave first. This shit is already going moon mode, why ban it before they can make some bank?

>>53115226
there is no viable alternative to monero, that's why we win, there is no competition in the market

Also bare in mind this software project is not just valuable for private citizens but also governments as well - they never banned device encryption or encrypted HTTP so why would they ban this? It's too useful to make illegal

>>53115107
>>53115101
Exactly - fortunately for us in this context the spooks also launder a lot of money and love hiding shit from the general population. This type of software is necessary from a cybersecurity perspective especially if you're a government or corporation who is doing shady shit

>>53112210
>groomed local furnace to accept monero
>taught him how to use it
>I give him .08 xmr a month to give me any ammount of bread or other thing I need
>I make it back in bulk from taxless services
>Always ask first if they want to pay in crypto
>When clients do, they always ask for monero first
>mfw created a minature economy in XMR
We can all do a bit more bros

>>53115284
>local furnace
lmao

>>53115284
>furnace
What?

>>53115294
>>53115295
idk how to translate
Google translates it to "pastry shop"

>>53115322
Bakery.

>>53112565
>most people are not trying to break the law
Yeah right, that's why drug dealers don't have any clientele and cops basically sit on their ass all day doing nothing.
Because we live in such a law abiding society where nobody, least of all common people, engage in any amount of rule breaking.
Very perceptive anon.

>>53115334
that

>>53114237
Silly nigger
>own monero
>find some random anon
>change for btc
>swap btc for $ on dex
>transact to bank

It will never be not possible

>>53112565
Pablo Escobar's estimated networth in USD was like 10x Donald Trump's and that's not even adjusting for inflation

>>53115391
Based Pablo

>>53115284

>local furnace

oy wey

>>53114171
Neither do you need website for crypto. You can do a swaptokensfortokens in pure code

>>53112253
>cocaine will be useless if dealers can't exchange it for fiat to get gas and groceries

>>53112210
just use 0xMR, it has smart contract functionality and can be traded on any DEX, without requiring KYC. It can't be banned or blacklisted.

>>53115454
>It can't be banned or blacklisted.
How does it combat opac compliant blocks on ETH?

>>53115262
They have much less to hide compared to small time tax dodgers. May I remind you that we live in an age where western elites openly boast about censoring public information and replacing indigenous white populations.

>>53115401
>Based Pablo

A saint on Ert.

>>53115637
Cocaine has a very complex chemical structure I must say, didn't know that

dont care
still acooomilating
cope harder anon

>>53112210
Oh no, now there's no legal way for me to order artisanal pizza with extra cheese!

>>53115240
Based
>>53115801
Super comfy hold fren, and now i just levelled up my bag with more sylo after an horrendous dip
and stakers are getting juicy yields.

>>53115402
haven't keked so hard at a 4chin post in a long time. thanks anon

>>53112565
Except when
>going outside is illegal
>questioning the government is illegal
>not getting an experimental medics procedure for a cold is illegal
And we haven’t even seen CBDCs yet. The previous 3 happened in Europe and Australia already. They’ll happen again.

Also people are perfectly fine with “illegal” stuff if it’s easy and they benefit. Look at pirating music in the mid 2000s. Everyone was doing it because it was easy and worked better than legal options.

>>53112855
What was Bitcoin doing 7 years ago?

>>53112253
you are one of those fags calling for regulation because you hope it pumps your 0.132 btc to the moon

what a loser.

>>53112682
>so BTC is still the one with the value lmfao
yet monero outperformed bitcoin last year, lol

stay poor, faggot

>>53114138
>Just block any onramps from the banking system.
Which would require blocking all foreign banking transactions in whatever countries don’t ban monero. Tell me how you think that’ll go

>>53114237
Exchanges in the US already don’t let you buy Monero directly. Yet there are tons of US citizens who have Monero

>>53114382
Why would the value go down?

Glowies making any direct move against Monero is only going to legitimize it further. They attack it by using the few centralized exchanges it’s listed on to trade paper Monero just like they do with good and silver. It’s why Binance halts wirhdrawals anytime there’s significant movement in it.

>>53112210
>>53112253
newfags who forget that this FUD is now 13 years old and was said about Bitcoin too.
>>53112565
>I am threatened by Monero please stop paying attention to it!
Who can it be now?

>>53115372
>>53115420
>being this delusional

>Which would require blocking all foreign banking transactions in whatever countries don’t ban monero.
Wrong.

>>53116841
>Exchanges in the US already don’t let you buy Monero directly.
Wrong, you can buy it on Kraken.

>>53112215
imagine being this dumb lol

Good luck cashing out

>>53118467

Cashing out to what, Fedcoin?

>>53112939
You know, file sharing copyrighted media via torrents has been banned for something like 20 years and people still do it freely because the underlying decentralized nature of the technology makes enforcing the ban nearly impossible. Governments can try and ban Monero all they want but the fact of the matter is as long as there is an internet, there will be ways to trade XMR for goods, services, and other crypto.

1ExR3mkXgdzFVozizvne7HXQSDk7WeRVSf

Send BTC please.. Any amount are helpful

>>53118590
SIRS be needful

Lol that's racist.. And Im not SirS.. Im just at my end of my wit here and I have no one to help me.. So I turn to the 4chan to help me get back up.. I don't know what else to say

>>53118570
>torrents
There it is: the mark of the retard strikes again! Torrents don't interface with the banking system.

>>53118808
>Torrents don't interface with the banking system.
Neither does XMR, retard.

>>53118916
Yes it does.

>>53118933
No. It doesn't.

>>53118451
>>Which would require blocking all foreign banking transactions in whatever countries don’t ban monero.
>Wrong.
Saying wrong doesn’t make it wrong. If country A bans it and country B doesn’t, what’s stopping me from swapping XMR for anything else with someone in country B, and cashing out in country A? Or sell XMR for fiat directly to someone in country B?

You have to cut off ALL exchanges in country B or all banking transactions from country B to everywhere else.

>>53118949
Explain how to purchase something without money.

>>53118960
It has nothing to do with individual countries and their laws. It's would be blocked at the level of the global banking system.

>>53118808
XMR doesn’t either. Or doesn’t need to.

>>53118961
You're confusing money with the banking system. Banks are not needed for individuals to transact. Banks have made it quite clear they want nothing to do with XMR. XMR is used on grey market sights to buy things like giftcards and black market sites to by things like drugs and other contraband. Not to mention transactions made by individuals to trade goods and services directly. No banks are needed for this.

>>53118997
>I have never even bothered to do a cursory google search to figure out what Monero is or how it works

>>53118997
>It's would be blocked at the level of the global banking system
You retarded nigger. How would it be blocked? You didn’t say one reason HOW I couldn’t do exactly what I described. What’s stopping me from swapping XMR for ETH and selling ETH for dollars? Where does the “global banking ban” come in?

>>53118808
>There it is: the mark of the retard strikes again! Torrents don't interface with the banking system.

The entire point of crypto was to make the existing banking system redundant, genius.

>>53112855
>fringes of society
Nobody cares about Muttland, most exchanges don’t operate from your country.

>>53119002
>Or doesn’t need to.
It needs to for the price to be significantly above zero.

>>53119011
>Banks are not needed for individuals to transact.
Banks are needed to get new participants into the scheme. Without onramps the price will crater.

>>53119049
>Banks are needed to get new participants into the scheme. Without onramps the price will crater.
No they aren't you fucking bugman corpo glowie retard.

>>53119049
>Banks are needed to get new participants into the scheme. Without onramps the price will crater.

you can buy XMR directly from your local dealer. Selling paper wallets is a lucrative bidniz.

>>53119017
>t. literal retard

>>53119019
If all xmr cexes and dex ui's are shut down, where does the demand come from? Nerds swapping dead shitcoins in person will never pump the price.

>>53119021
Then it obviously failed.

>>53119079
>>53119080
Retard alert. Transaction volume and price would get decimated if everyone had to resort to in person exchanges. Of course it would be abandoned long before then.

>>53119117
>pump the price
This isn't a core goal of any real projet. A nice side benfit sure but if the end goal is to pump price your network is useless.

>>53119165
>This isn't a core goal
Cope. Price is the topic of this thread. No point in stacking a coin that is doomed to bleed out.

>>53112285
>automatically detected that a sanctioned wallet traded for the bitcoin
>instantly sanctions the purchased bitcoin and blocks withdrawal or cashing out

>>53119187
I think Monero will go up I just think you are retarded.

>>53112210
I am seeing xmr fud everywhere on this board lately. I just saw some in a fucking Solana thread of all places. They are scared.

>>53119187
fucking bullish FUD, holy hell, just market bought XXX xmr, you retards are killing me

>>53119230
Not an argument.

>>53119117
>Retard alert. Transaction volume and price would get decimated if everyone had to resort to in person exchanges.

lol the Eastern Bloc's entire black market hinged on foreign currency street dealers, numbskull.

You can also buy XMR with a direct bank transfer via a DEX. No KYC = bank has no idea what the payment was for, it looks like a regular $150 wire, just one of millions that day.

>>53119117
>Transaction volume and price would get decimated if everyone had to resort to in person exchanges. Of course it would be abandoned long before then.
You have no way of knowing that for sure. The surveillance state is real and is only going to get worse in the coming years. People who aren't hopeless NPCs that want to retain their privacy and freedom will look for ways to transact without governments and banks seeing everything they spend money on and their balances. If you want to be a convenience bugman shill, by all means go ahead. I have no plans on sucking the CBDC cock, personally.

>>53119248
>with a direct bank transfer via a DEX
lmao, what?

>>53119248
>You can also buy XMR with a direct bank transfer via a DEX.
Lol, no.

>>53119257
>People who aren't hopeless NPCs
Financial privacy is a niche concern. It appeals to the online incel community, but not a driver for mass adoption.

>>53119270
>lmao, what?

1. DEX sets up a 2/3 multisig.
2. XMR is forwarded.
3. You make the bank transfer.
4. Once funds are received the XMR is released to you.

Any disputes are settled with your proof of payment.

>>53119308
>not a driver for mass adoption.
yep, that's why I would never market Monero as a privacy niche, this is retarded & most likely a narrative pushed by retarded cyberpunk & enemies of crypto.

Monero is monero. Monero is cash, the only real digital cash. This narrative is massive, real & driver of mass adaption.

FUCK YOU ALL MONERO PRIVACY MAXIS. You are retarded

>>53119308
>Lol, no.

look up how Bisq works, retard.

https://bisq.wiki/Payment_methods

>>53119310
> Once funds are received the XMR is released to you.
There is your centralized point of failure. I mean, I don't disagree, but it's using a CEX.

>>53119308
>Financial privacy is a niche concern.
Yes. They don't call the majority of the population NPC's for no reason.
>It appeals to the online incel community
cope and sneed
>but not a driver for mass adoption.
nobody cares.

>>53119361
>There is your centralized point of failure. I mean, I don't disagree, but it's using a CEX.

2/3 multisig, numbskull.

>>53119310
Lol, so much for "trustless" finance. What you describe is not a recipe for massive trading volume, to put it mildly.

>>53119341
Bisq is a joke.

>>53112210
Monero will NEVER be banned because it benefits the CRIMINAL ZOG state too
Same reason cash still exists

>>53119394
>2/3 multisig
'3' means a 3rd party is involved

>>53119397

There is not going to be any "massive" trading volume once CBDC Fedcoins are given a monopoly and push crypto underground. Mass adoption is a meme.

>>53119394
this: >>53119442
lmao, why are you so retarded

cocaine is illegal and it has never been as expensive as it is now

Monero is monero. Monero is cash, the only real digital cash. This narrative is massive, real & the only driver for any potential mass adaption of XMR. Not privacy, not RandomX, not any nerd shit.

Repeat after me

Monero is monero. Monero is cash, the only real, sustainable, fungible digital cash. This narrative is massive, real & the only driver for any potential mass adaption of XMR. Not privacy, not RandomX, not any nerd shit.


Stop it with XMR privacy shit, stop it with XMR darknet market shit.
Repeat after me

Monero is monero. Monero is cash, the only real, sustainable, fungible digital cash. This narrative is massive, real & the only driver for any potential mass adaption of XMR. Not privacy, not RandomX, not any nerd shit.

>>53119457
If XMR is to be worth stacking (aka to serve as a store of value) it must enjoy massive growing organic or speculative demand. Cutting it off from the banking system would reverse any potential growth in demand.

>CBDC Fedcoins
Bankers will never let CBDCs happen in any serious form.

>>53119394
but it's using a CEX.
>>53119442
>'3' means a 3rd party is involved
>>53119477
>lmao, why are you so retarded

CEX = a 3rd party is ALWAYS involved and ultimately decides whether or not the trade happens.

DEX = a 3rd party is RARELY involved and ONLY if there is a dispute. CANNOT prevent the trade from happening if buyer & seller are in agreement.

If you don't want even that scenario then just use direct atomic swaps.

>>53119516
Cringe

>>53119585
Whoever the 3rd party is can be targeted, same as with a CEX.

>>53119582

>>53119620
>Whoever the 3rd party is can be targeted, same as with a CEX.

Holy shit, you really have no clue how these things work, huh?

>>53119630
Nothing is guaranteed. But XMR isn't even on the playing field.

>>53115442
>>53115442
Coke’s intrinsic value is to go up your big Jewish schnozz. See how it has a “burn” function that also gives off external benefits to the user. Monero has no usecase beyond sending it to someone else

>>53115442
For your example to be equivalent, coke would have to not be consumed for fun, only exchanged. Wouldn’t that be ducking stupid?

>>53119674
>Nothing is guaranteed. But XMR isn't even on the playing field.

Absolutely.

>>53112210
I'm up for privacy coins, tokens and protocols. xmr might be facing backlash, but I doubt it can ever be stopped.

>>53112253
Yes, but there are other solutions that let people to trade anonymously.

>>53112565
do cucks really think like this? if you're not breaking the law hourly, then wtf are you doing? paying taxes and eating goyslop solely? lmfao

>>53118451
Can you autistic faggot actually elaborate on your points instead answering with Wrong/Right every damn time to pretend you know shit?

>>53119660
eh i think you dont know how DEXes work bro. look up VASPs and regulations against them this past year to start educating yourself.

>>53120292
Many of them use mixers, but I believe only those that use relayers will not get the heat from the government.

>>53120281
mixers, relayers, zero knowledge proof, etc, I'm in for all that shit.

>>53112682
I wouldn't personally buy anything illegal with BTC, but what you do is none of my business.

>>53112855
Xmr is a medium of exchange (currency), not a speculative asset. The exchange rate for xmr doesn't actually matter to the users.

>>53113796

>>53112311
Exactly my point, the war against crypto privacy will only be won on major exchanges and users can always choose a new "venue" to trade privacy coins

>>53112253
you will be able to exchange monero for fiat the same way you exchange drugs for goods and services. monero is merely a medium for sending value anonymously.

>>53119238
>market bought XXX xmr
Hope you really did and aren't a larp. Make sure to self custody always.

>>53120422
>eh i think you dont know how DEXes work bro. look up VASPs and regulations against them this past year to start educating yourself.

DEXs are permissionless P2P trading platforms, nimrod, there's nothing to regulate.

>>53120389
Read the thread big boy.

>>53119049
>It needs to for the price to be significantly above zero.
Why? The major US exchanges don’t currently offer Monero meaning there isn’t a bridge straight to banks for most people already.

>>53119117
>If all xmr cexes and dex ui's are shut down,
So you went full circle back to the start when you said it would be banned entirely? Cool. It’s not like people already called you stupid and pointed out how some countries would allow it. If one country does and one exchange exists in that country, you can use XMR. good luck getting literally every country with internet to agree on this rule.

>>53120996
Most buy on Binance, Kraken etc.

>>53121012
Laws of individual countries are irrelevant.

>>53114174
Regardless, Glowies use monero. Btc is useless for organized crime and deep states. They need anonymity to conduct international transactions of a highly secretive and illegal nature. That's why monero is not illegal and never will be. Monero is king.

>>53112855
Why are halfwits so fucking retarded and think they're smart? Anyway get filtered nigger.

>>53119195
>Buy btc from known drugdealers
>Send tiny payments to random people
>Everyone is now blacklisted

>>53121132
>>btc
>>drugdealers

Won't see them around for much longer.

>>53121043
>Glowies use monero
Monero is for everybody, good people and bad people
Monero is the ultimate tool to send money
moonfags please stay away from monero

>>53119308
>but not a driver for mass adoption.
Yet. People also used to not lock their doors decades ago. Or worry about password security, emails being compromised, etc. Security and privacy concerns change as the world changes.

>>53119516
>Stop it with XMR privacy shit, stop it with XMR darknet market shit.
You’re wrong though. If Monero is cash then why not use USD? The dollar is available and usable everywhere and has infrastructure. What’s the point of Monero if you don’t give a shit about privacy? It being fungible and low cost is why it could be adopted but that’s irrelevant if privacy doesn’t matter

>>53120978
So that’s a no

>>53121039
>Most buy on Binance, Kraken etc
Coinbase dwarfs Kraken and you can’t get XMR there. Binance in the US doesn’t offer it either
>Laws of individual countries are irrelevant
Explain how. If it’s legal somewhere else how is it banned for everyone? You can’t answer and I know you won’t. But I’ll still call you a retard for being a retard.

>>53121933
>Coinbase dwarfs Kraken and you can’t get XMR there. Binance in the US doesn’t offer it either
That's largely why XMR's price action has been shit. It will only get worse when it gets blocked entirely from the banking system.

>Explain how.
The global banking system is under the control of the US government. They can shut down any entities they want. It's unnecessary for it to be made formally illegal in any particular country.

>>53122029
kek, good luck banning a crypto that has atomic swaps with btc and soon with other coins and also convincing every other country to regulate and enforce the same thing your country does and going against the increasing cryptography development and decentralization and all kinds of anonymity services available and to come.
go comply somewhere else faggot.

>>53122462
>convincing every other country to regulate and enforce
Doesn't matter what individual countries do.

>>53112210
>already priced in
imagine not buying the only energy-backed coin poised to handle the imminent regulatory adversarial environment, ESPECIALLY as countries around the world and banking super-powers are researching CBDCs (See: pic rel, cbdctracker.org)
I don't mean to be rude, but if you understand all of this and its' implications, have a spare ~$1500ish, and DON'T own > 10 XMR already: you are braindead and do not deserve to make it.

>>53119187
buy high, sell low - bless your kind and never change

>>53122606
It's not going any higher windowlicker. Read the thread.

>>53122473

>ban monero in US, Canada, Europe, Australia and every other major state.
>shitty countries don't ban it
>exchanges, individual sellers establish themselves in shitty countries
>ppl from banned countries use VPN to access the exchanges or directly buy from sellers
>ppl get monero

sure thing pal, it doesn't matter because of muh "banking system" is going to prevent it.
don't you even know that your banking system and sanctions actually mean shit to other countries? those countries that live to damage your country will always support the thing you try to fight against.

>>53122652
>exchanges, individual sellers establish themselves in shitty countries
Doesn't matter where they establish themselves. They can't do business without access to banking.

>don't you even know that your banking system and sanctions actually mean shit to other countries?
Wrong. Only North Korea is semi-detached from the global banking system, and even they still retain some access.

>>53112210
this is what is obviously what's going to happen
>regulation by fed/sec/DoT/cftc/occ conglomerate agency created by Ripple lawsuit fucks privacy coins and makes it impossible to access fiat on/offramps without KYC
>monero dies except for drugs hitmen identity theft and child porn
>all wallets who have ever interacted with privacy coins get placed on blacklist that banks won't work with
screencap this

>>53112285
lol yes just convince your local drug dealer to meet on camera in a post office/bank/police station. easy peasy

>>53112311
>it's going to take some expansive draconian shit to make that happen
what exactly do you think "regulation" will entail, retard?

>>53122753
>do job for monero, get paid in monero.
what happened to your banking system bro?

inb4 can't spend it because its banned
>you can literally buy drugs and weapons rn which is completely illegal, you think people won't find a way to buy some food and other shit?
you are glowing all over the place buddy.

>>53122627
>windowlicker
projection - your previous posts show your knowledge level, probably just a 3-letter-agent trolling though. Filtered

>>53122792
Tfw regulation forces me to buy a shit load of drugs with XMR and become a dealer

>>53122843
You schizos have trouble distinguishing what is theoretically possible from actual reality. I never said the XMR network would be rendered impossible to operate, only that its price will bleed to down to zero if it is banned in earnest. Bitconnect is still in operation, but its price action has made it irrelevant.

>>53122843
>you are glowing all over the place buddy.
>>53122964
>probably just a 3-letter-agent trolling though
Ironically, the best argument for Monero sticking around is glowies finding utility in it.

>>53122462
Atomic swaps kek

>>53123072
>Ironically, the best argument for Monero sticking around is glowies finding utility in it.
I'm guessing you've got a fat stack then.

Hey faggots, shut the fuck up and buy my shit on https://moneromarket.io/ you fucking princesses.
>oh but I'm not so sure, here's some retarded hypotheticals
STFU
>but if they ban
BAN? BAN WHAT? Some fucking darknet site? Some dudes talking?

>>53119620
What is Tor? What is I2P?

>>53119397
>>53119361
>muh 100% trustless hypothetical fantasy
In a search for perfect people miss the pretty fucking good. Markets on I2P/Tor are pretty fucking good in my experience.

>>53121575
Because online physical cash doesn't exist. Neither does online physical gold. That's why we have Monero faggot.

>>53123072
>its price will bleed to down to zero
as long as someone is using it, it will have some value.
as long as it has some value, it can be used as a currency.
i don't care if monero goes down to 1 cent, you would still be able to trade with it.

>>53112210
>infinite supply
LMFAO

>>53123229
>BAN? BAN WHAT?
Block XMR vendors from the global banking system.

>What is Tor? What is I2P?
Utterly irrelevant.

>>53123252
>as long as someone is using it, it will have some value.
Usage will crater if it's banned, followed by the price. The underground economy is parasitic on the legit economy. Bankers don't care about laundering drug cash since drug dealers don't impose an existential threat to the banking system.

>>53122029
>That's largely why XMR's price action has been shit.
So you went from no one buys it to it’s only on major exchanges for now to admitting it’s already a hurdle to get it today. God you are retarded.
>The global banking system is under the control of the US government. They can shut down any entities they want. It's unnecessary for it to be made formally illegal in any particular country.
No they can’t. That’s why no one can transact inside of Russia right? I definitely can’t swap with an exchange there or in China. Nope no way. The US gov is omniscient.

>>53122627
Which posts. Be specific. Which ones with details

>>53123454
>So you went from no one buys it to it’s only on major exchanges for now to admitting it’s already a hurdle to get it today.
None of that is correct. Have you been drinking?

>No they can’t. That’s why no one can transact inside of Russia right?
Russian banks are part of the global banking system, dumbfuck.

>>53122753
>Doesn't matter where they establish themselves. They can't do business without access to banking.
Like said earlier, how do you completely cut off a country from international banking? If they have an exchange with Monero, and can send USD or EUR outside of the country, then anyone in the world can buy Monero.

>31 pbtid
For someone who thinks it’s so shitty you sure spend an awfully lot of time talking about it

>>53123389
What XMR vendors? How do you identify an XMR vendor? If I exchange some cash, or some commodities with someone for monero, all off the books?
>Utterly irrelevant
Very much relevant. How are you going to ban a darknet exchange that only does crypto to cypto, or just arranges local P2P exchanges like LocalMonero?

>What if government controls every atom on the planet?
And the thing is, whatever contrived hypothetical you come up with doesn't matter. We live in a gray society, and will continue to do so. If we stop living in it and things get worse, it is Monero which has the best chance for you to retain some freedom in the first place. All other cryptos will be pozzed 100x worse. Our difference is you care about cashing out fiat no matter how pozzed it becomes, I care about the dream of the free internet and money usable within it. You look for investment, so yes, Monero will always be shit for you. It's a pointless discussion.

>>53122792
>>all wallets who have ever interacted with privacy coins get placed on blacklist that banks won't work with
>sends fractions of XMR to every BTC wallet with over 1 BTC
What now?

>>53123490
>how do you completely cut off a country from international banking?
Buy cutting them off from SWIFT, for starters. But again, it's not about countries, it's about banks and crypto vendors. XMR vendors will not have access to the global banking system. If, irrationally, some third world bank does business with such a vendor, it will itself be cut off.

>For someone who thinks it’s so shitty you sure spend an awfully lot of time talking about it
It's an interesting topic. I'm not anti-Monero, I just think global banking interests will never let it take over. Given that banks are willing to freeze terrorist accounts (which they don't give a fuck about) they will certainly not hesitate to defend their own existence.

>>53123499
>What XMR vendors? How do you identify an XMR vendor?
Any online broker allowing high volume liquid trading in XMR.

>If I exchange some cash, or some commodities with someone for monero, all off the books?
That's not enough volume to keep the price up.

>Our difference is you care about cashing out fiat no matter how pozzed it becomes
No, I'm just a realist. If there is no easy high-volume pathway between XMR and fiat, the price action will be limited.

>You look for investment
The thread is about price. It's doomed.

>>53123229
>Because online physical cash doesn't exist. Neither does online physical gold. That's why we have Monero faggot.
What? That doesn’t answer my question. You said Monero is cash. Why not use cash? You can 100% get paid online in cash. You can buy gold online and have it shipped to you.

If you want physical cash or physical gold, then it’s for safekeeping, hiding assets, tax evasion, etc. Which means you DO care about privacy which is contrary to what you said earlier. If privacy doesn’t matter at all what can Monero do or do better that can’t be done currently?

>>53123252
>i don't care if monero goes down to 1 cent

>>53123554
you are assuming the vendor will give up his personal information. there are ways to sell and buy crypto without giving up your privacy. you are literally giving the banking system supernatural powers and giving up even when the fight hasn't even started.

>>53123670
>you are assuming the vendor will give up his personal information
Who does "his" refer to? If all major CEXes are prevented from dealing in XMR, the game is over.

>there are ways to sell and buy crypto without giving up your privacy
Not in a high-volume, liquid fashion.

>you are literally giving the banking system supernatural powers
Wrong, the banking system (BIS, SWIFT, et al) can cut off any bank within minutes.

>giving up even when the fight hasn't even started
None of us are fighting for anything, we're all in armchairs. My point is that realistically XMR price is doomed long term.

>>53123648
Kek. These people man

>>53123759
>My point is that realistically XMR price is doomed long term
>muh moon is not happening in this coin
again, moon fags gtfo. we are not here for the price of monero.

>If all major CEXes are prevented from dealing in XMR, the game is over.
as for today, getting xmr in any CEX is a pain in the ass and you are lucky if you manage to get the crypto to your personal wallet. they are selling paper monero and they are running out of liquidity.
People are already migrating to DEX when it comes to buying monero. no ban needed.

>>53123848
>we are not here for the price of monero.
Then you're in the wrong thread. See: >>53112210

>as for today, getting xmr in any CEX is a pain in the ass
30% of XMR volume occurs on Binance alone. Dexes account for less than 1%.

>>53123892
>Then you're in the wrong thread
i meant "we" as in the monero community.

>30% of XMR volume occurs on Binance alone
prove it. and again those lying fucks are running out of monero and selling paper monero.

>>53123554
>XMR vendors will not have access to the global banking system. If, irrationally, some third world bank does business with such a vendor, it will itself be cut off.
So you do think an entire country can be cut off. God you are stupid.

>gets banned
its already happened, united states its hard as hell to buy monero. it doesnt stop monero from being used. its theres demand then theres a market whether its banned or not.

>>53123267
>NOT UNDERSTANDING BASIC ECONOMICS
LMAO
even retarded maxis understand tail emission
https://petertodd.org/2022/surprisingly-tail-emission-is-not-inflationary

>>53125502
>So you do think an entire country can be cut off.
An entire country can most certainly be cut off. But it obviously won't come to that. When an individual bank is cut off from the banking system, it's a death sentence.

>>53125653
>united states its hard as hell to buy monero
Lol wut? Too stupid to open a Kraken account, or...?

>>53125764
Kraken is the only exchange that offers it to US citizens and it's far from the largest. I don't use KYC so I don't have to worry about centralized exchanges but it is a barrier to entry for most US citizens to only have one large exchange let you do it.

>>53114109
Hi fed! I’ll probably start buying Monero due to your efforts of stopping me from buying Monero. Thank you!

>>53126224
>it is a barrier to entry for most US citizens
Not really, but enough to explain XMR's piss-poor price performance.

>>53125751
Really? Care to show any times this has happening before?

If the entire current market cap of $2.75B flowed through 1 country it would still be less than the GDP of Andorra and slightly about Bhutan and Belize. The financial ramifications and profits of cutting off an entire country, especially a larger eastern European one, don’t make sense. The potential value lost by not transacting are greater than the value of Moreno. Unless you’re completely wrong and it is/will be super valuable and be measured in the hundreds of billions. So you are wrong now or have been wrong all thread. Which is it?

>>53126528
>Care to show any times this has happening before?
For countries? Iran in 2012

>If the entire current market cap of $2.75B flowed through 1 country it would still be less than the GDP of Andorra and slightly about Bhutan and Belize. The financial ramifications and profits of cutting off an entire country, especially a larger eastern European one, don’t make sense.
Lol... You're kidding, right?

>>53121043
Based take, the same reason the US navy created TOR and allow normans to use it because more traffic = more anonymity.

>>53112253
You are such a scumbag. You can still trade anonymously without holding monero when you use privacy preserving systems. You are a privacy cringe

>>53126250
>Everyone who disagrees with me is a FED!!!1!!1
You need to be 18 to post here kiddo

>>53112565
Every single person that uses Monero does not care about following the law. That is literally the point of the coin, there are better ones out there for every other reason except that. Monero is literally THE coin for doing illegal shit.

>>53127139
>Every single person that uses Monero
So a small amount considering how TS not even top 20?

>>53123606
>Any online broker allowing high volume liquid trading in XMR.
And what are you going to do about them if you can't reach them and they only do crypto to crypto?
>inb4 track and flag all crypto
Great, you suppressed the price for a while, but you also just wrecked any illusion of other coins except Monero being actually usable as real money. Now Monero reigns supreme. You did it great service.
>That's not enough volume to keep the price up.
I don't care. I want anonymous internet money.
>The thread is about price. It's doomed.
Whatever moonfag.

>>53123626
In real life, you can exchange physical cash or gold directly person to person. You can hold them in your person. On the internet there is not way to do such things. You would have to rely on 3rd parties even for simply holding and sending money. Thus we have Monero. Monero can be held and exchanged with people directly without 3rd parties. This is the core of the invention that is Bitcoin. Except Bitcoin didn't have any privacy or fungibility, which was ridiculous for what was supposed to be the money of the internet, but still, it started something. Lack of fungibility left it as an incomplete tech demo as soon as this was started to get really exploited by 2013, so Monero was born.
>You can 100% get paid online in cash.
No you can't, you have to rely on some 3rd party. Some 2 random anonymous people on the internet can't exchange cash directly.
>Which means you DO care about privacy which is contrary to what you said earlier.
Not me. I absolutely care about privacy. I consider it as a core property of sound money. All other cryptos are utterly useless to me as money. Something like Bitcoin is absolutely inconceivable to me as money. I see it more like NFT than money.

>>53112253
In USA you can already live off of just the gift cards bought with Monero. And other stuff? Well, there are merchants. More always wanted.
Are you selling anything for monero? No? You expect someone else to make everything available? Then don't bitch when things are done in a way you don't like. Don't bitch about CBDC this, globohomo jews that. Even if you're a neckbeard stuck in your basement, you still probably have some shit to sell on moneromarket.io. But you won't, then you will bitch and FUD about muh no merchants.

>>53123848
>My point is that realistically XMR price is doomed long term

Cryptos that are not truly permissionless and censorship resistant are doomed long term since that is the entire point of their existance.

The market is still highly irrational so useless shit like dog memes and NFTs still command high valuations.....but that won't last forever and sanity will eventually return.

>>53128284
Can you explain how come that BTC is not fungible and Monero is? I thought all BTC tokens are equal?

>>53126605

>>53128317
>In USA you can already live off of just the gift cards bought with Monero
where can I pay my rent in gift cards?

>>53128284
>Not me. I absolutely care about privacy. I consider it as a core property of sound money.
My bad I didn’t check IDs initially. I started my argument with someone who said privacy doesn’t matter and Monero isn’t good because of privacy. I disagree and it’s ONLY good because of the privacy.

>>53129508
>Can you explain how come that BTC is not fungible and Monero is?

Transparent ledger = each individual coin comes with its unique transactional history = not fungible.

Opaque ledger = there is no discernible history, coins are indistinguishable from one another = fungible


>I thought all BTC tokens are equal?

They are at the network level, they're not at the regulatory level.

https://en.bitcoin.it/wiki/Fungibility

>>53129508
To expand on >>53129588
Imagine if every dollar you had came with a list of who owned it, how they got it, what they spend it on, when they spent it, and where. You can do that with BTC.

Monero is like cash where you can’t tell a bill apart from another bill. It could have come from anywhere or anything and be used for anything.

>>53129662
This has not been true for years. LN solves it and token not needed.

>>53129508
>LN
half-ass dogshit that doesn't work, except to hand wave away the shortcomings of bitcoin
https://abytesjourney.com/lightning-privacy/
nodes can still censor too
>yeah bro just use lightning
>yeah bro just mix coins
we know from the stats bitcoiners themselves don't use those.
people who actually have to rely on strong privacy use monero.
people who fall for bitcoiner bullshit jump through many hoops to insist on making it work with bitcoin and get busted on regular basis.
we've been watching the same shit happen again and again for years now.

>>53129679
>LN
half-ass dogshit that doesn't work, except to hand wave away the shortcomings of bitcoin
https://abytesjourney.com/lightning-privacy/
nodes can still censor too
>yeah bro just use lightning
>yeah bro just mix coins
we know from the stats bitcoiners themselves don't use those.
people who actually have to rely on strong privacy use monero.
people who fall for bitcoiner bullshit jump through many hoops to insist on making it work with bitcoin and get busted on regular basis.
we've been watching the same shit happen again and again for years now.

>>53129679
>This has not been true for years. LN solves it and token not needed.

lol get a load of this retard. LN doesn't magically wash Bitcoins of their taint, numbskull, it just delays you having to deal with all the potential fungibility headaches that come when you inevitably settle back down to the blockchain.

TL;DR: when settling back to the chain you could well end up with coins more tainted than the ones you started with.

And in case anybody still thinks LN privacy is worth a shit, picrel is the typical reply you will get from darknet OPSEC gurus when you inquire.

What I think is going to happen is that only government approved wallets can cash out and if anyone tries to move tokens in from a non-approved wallet they will flag your account or deny the transaction unless you jump through the proper hoops and documentation. They won't ban the creation of shitty scamcoin clones but will tax the money you make if you manage to beat the musical chairs game of rugging

>>53129588
>>53129662
Oh, ok, it comes down to transparency vs privacy, I never looked at it in that way. Thanks.

>>53119195
>>automatically detected that a sanctioned wallet traded for the bitcoin
why would the BTC wallet be sanctioned?
the XMR and BTC blockchain are completely seperate.
They have no way of knowing that a BTC wallet is associated with the XMR wallet.

>>53122807
>lol yes just convince your local drug dealer to meet on camera
im talking about just trading fiat for BTC. nothing to do with drugs. being on camera and commuting no crime is no problem.