/biz/ - Business & Finance

PREVIOUS THREAD: >>58046935

START MINING IN P2POOL
>START MINING IN P2POOL
START MINING IN P2POOL
>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 shut down/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. Once P2Pool reaches & maintains 51%+ of the total network hashrate, Monero will be essentially invulnerable to such attacks.

Although many inexperienced miners think that bigger pools give better profits, this is absolutely NOT the case. Your profits in the long run depend ONLY on your hashrate, NOT on the pool's hashrate.


>YOU CAN NOW MINE IN P2POOL FASTER & EASIER THAN EVER BEFORE WITH THE GUPAX GUI. USES TRUSTED REMOTE NODES BY DEFAULT!!!!

1. Download the *bundled* version of Gupax for your OS here: https://gupax.io/downloads/
2. Extract somewhere (Desktop, Documents, etc)
3. Launch Gupax
4. Input your Monero address in the [P2Pool] tab. USE A SEPARATE MINING-ONLY WALLET!
5. Select a Community Monero Node that you trust, although you can and should run your own node if possible.
6. Start P2Pool
7. Start XMRig

VIDEO GUIDE: https://gupax.io/guide/

You are now mining to your own instance of P2Pool, welcome to the world of decentralized peer-to-peer mining!

>NOTE THAT DUE TO BOTNET SHENANIGANS XMRIG IS AUTO-FLAGGED AS MALWARE BY MOST ANTI-VIRUSES, SO DON'T FREAK OUT!!!


OLD GUIDE FOR P2POOL MINING FROM THE MONERO GUI WALLET: https://pst.klgrth.io/paste/eecbe

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

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


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


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


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


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


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


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


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


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


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


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


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


>LATEST UPDATES

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

Never forget what this is ultimately all about.

https://anarkio.codeberg.page/agorism/
https://freedomcells.org/

>Help grow the circular Monero economy: buy/sell goods & services with/for XMR!

https://monerica.com/
https://moneromarket.io/
https://www.reddit.com/r/moneromarket/new/
https://kycnot.me/?t=service&q=&xmr=on

>Live off XMR with Cake Pay (now available in 140+ countries!)
https://cakepay.com/

>or with CoinCards (currently US & CA only, UK, EU & AUS coming soon)
https://coincards.com/


>Monero stickers for guerilla marketing
http://monerosupplies.com/

>Monero-only VPS hosting
https://kyun.host/

>Monero-only bullion shop
https://monerometals.com/

>Buy on Amazon with XMR!
https://monezon.com
https://peershop.app

>Win XMR!
https://monero.vegas/


Say buh-bye to Bitcoin and support the growing number of Monero-only darknet markets/vendors.

# = recently launched, exercise caution

>Alias Market #
>Archetyp
>Asur Market
>Calypso #
>Candy Haven #
>Chimera Market
>Cloud Market
>Cypher Market
>Dark Matter
>DrugHub #
>Drugula #
>FilthyFellas
>Gofish Market #
>Gramazon #
>Hectate Market #
>Mercury Market #
>Pygmalion's Refuge
>Retro Market
>Smackers
>Sonanza Market #
>Squid Market
>SuperMarket #
>Tribe Seuss
>Whales Market #
>Wizard's Palace #
>World Trade Center #
Links: https://pastebin.com/raw/ivG7HN52


>LocalMonero is now available on I2P
http://lm.i2p/nojs/


Anonymously exchange BTC for XMR using a reputable darknet service

>Majestic Bank
>Infinity Project
https://pastebin.com/raw/75mVpfED


or a reputable clearnet service

https://trocador.app/en/ | I2P: http://trocador.i2p/en/
https://xmrswap.me/
https://unstoppableswap.net/


>Want to support further development?
https://ccs.getmonero.org/donate/
https://monerofund.org/

>Have a particular set of skills? Join a Monero Workgroup and (potentially) earn XMR!!!
https://www.getmonero.org/community/workgroups/

>Want more Monero-chan? Donate to the Community Art Fund
https://www.monerochan.art/

START RUNNING AN I2P NODE
>START RUNNING AN I2P NODE
START RUNNING AN I2P NODE
>START RUNNING AN I2P NODE


>What is I2P?

I2P is an anonymized P2P overlay network akin to the Tor network but with several key advantages over it. I2P is now replacing Tor as the go-to darknet and will play a pivotal role in growing the Monerocentric economy.


>Why should I care? Why should I run a node?

Increasing shadow economy adoption and the proliferation of an XMR-only standard are what guarantee that XMR will have a floor and won't also crash to zero when the Crypto Casino finally implodes. XMR's long-term outlook is therefore *strongly* correlated with the darknet, you may have already noticed how the number of TXs begins to drop whenever the glowies attack & cripple the Tor network, which underscores just how critical it is that the darknet wins this war against the State. Make no mistake: if the darknet is allowed to die XMR will take a devastating hit as well.

So by running an I2P node you are helping to make the network Monero thrives in that much more robust while also enraging glowies in the process. Win-win!


>OK, but how difficult is it? Do I have to store GBs worth of data like when running an XMR node?

It is literally as easy as installing an Android app and no, there are no storage requirements, the node only consumes some bandwidth.


>Cool, I'm sold. What do?

If you have no interest in browsing the darknet yourself then the simplest solution is to install & run the I2Pd Android app on any compatible (Android 4.1+) device, ideally a TV box since they don't require recharging and are permanently online. But any old phone or tablet is fine too. Make sure you activate "start on boot" in the settings.

https://github.com/PurpleI2P/i2pd-android/releases/latest


Otherwise just install the appropriate desktop client and leave it running.

https://github.com/PurpleI2P/i2pd/releases/latest


The console is accessed via http://127.0.0.1:7070/ or the menu in Android.

>Bitcoin's price = NOT the result of organic real-world supply & demand = NOT sustainable

Wash trading has been artificially driving BTC's insane price action since the first major spike in 2013.

>Wash Trading 101
1. create/maintain the illusion of high volume
2. wait for poor unsuspecting fools to FOMO in
3. dump at a fat profit and leave them holding the bag

When the supply of gullible fools finally runs out, the entire scheme implodes.

TL;DR: exciting price action means nothing in an unregulated market rife with such manipulation, real-world utilization is the ONLY reliable metric of actual value.


>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 BTC = $62,008,590,336,000,000,000 BTC Market Cap

The block rewards shrink so fast that after enough halvings BTC would eventually require a $2.95 trillion price per BTC 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

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

Tell me about what you've sold or bought on monero market.

So many words. No one has ever read all that gay shit.

>>58092694
The entire last post is pure retardation.

>>58092694
>>58093271
Oh look, more salty bitcucks! Keep up the hard work, faggots.

>>58093560
Continuing this point and maybe relevant to this thread is that the captain who's incompetence ended up killing most of his crew was word-brained.
>George Dalgarno (c. 1616 – 1687) was a Scottish intellectual interested in linguistic problems.

As followers of Ray Peat would know, words are bad for you and lead to high serotonin.

>>58093349
>real-world utilization is the ONLY reliable metric of actual value
This is the labor theory of value's waterhead cousin. Is concrete more valuable than gold? Everyone uses concrete.
>hash rate
This is the same argument idiots bring up about Monero because its hash rate has gone down 1/3 off ATH. It's just not relevant.
>tail emission
Isn't real. It's just a slightly different mining difficulty schedule. Monero has a supply cap of 42M. Neither will reach its supply cap in any of our lifetimes.

>just use coinjoin bro
https://www.youtube.com/watch?v=ky_euJ4067o

>>58093803
Good points but I think you've mixed up Monero and Wownero's supply curves. WOW has something like 420M as a cap with no tail emission while XMR has reached tail emission and the block reward will remain the same 0.3xmr/minute forever.

EYES ON THE PRIZE

> SERAPHIS
> JAMTIS
> FULL MEMBERSHIP PROOFS

MONERO IS THE FINAL SOLUTION TO THE TAXMAN QUESTION.

For the Captain!

Download all the episodes (01-19) of Captain Blackbeard Radio on I2P torrents:

magnet:?xt=urn:btih:d14744b96a6eeaefbca26b9a175c00cffc5922f8&dn=Captain+Blackbeard+Radio+Ep.01-19&tr=http://tracker2.postman.i2p/announce.php

I2P Torrenting FAQ:
1) Download i2pd.website
2) Download Qbittorrent 4.6.3 (LT20 ==> LIBTORRENT 2.0 VERSION!)
3) Setup your Qbittorrent client as is shown here: https://github.com/qbittorrent/qBittorrent/issues/19794#issuecomment-1890950600
4) Sneed & feed the captain's radio Finest Sounds From The Underground!

Based

For your consideration: https://www.gog.com/wishlist/site/accept_monero_xmr

We will get DOS games for XMR, what else could we ever want?

>>58095373
>I don't care what the currency is, if the value is based on pure speculation and/or the product of wasted electricity, it is worse than a Beanie Baby, because you can at least cuddle those.

I have never seen someone with such negative levels of testosterone. I know femboys with T higher than this.

>>58095666
He (or maybe she) understands jack shit about crypto. The whole message is a incoherent joke. Doesn't know what a currency is, doesn't understand what mining does, confuses the developer wallet with the currency itself. I mean, this is the most retarded one could be in 300 characters.

>>58092694
This. The Russians really aren't sending their best anymore. They all died in Ukraine.

>>58095666
Oh no they're also on the generic crypto wish: https://www.gog.com/wishlist/site/gog_to_accept_cryptocurrency
>Bitcoin can't pay the utilities or buy you groceries. It's worth as much as being paid in exposure, probably less, frankly.

How many kh/s to comfortably mine on the p2pool main pool?

>>58092595
I bought weird, stinky mushroom coffee on moneromarket.

>>58095903
Ahem.

>>58095999
>Goy
Checked.

>>58096035
imagine the smell

Reporting in
##################################
IRC - https://pastebin.com/kP1gZ1Hk
Education - https://pastebin.com/V0SFR8qU
Mining - https://pastebin.com/Rd1V8P5L
Nodes - https://pastebin.com/j6Vv2Xn6

you guys hold xmr or hold btc and spend xmr?

>>58095373
>>58095666
>>58095713
>>58095735
I think they're probably Swedish rather than female.
>low T compliance cuck with a typing style that presents female in English
>Norse runes for username
>interested in old PC games (GOG)

I've got a bunch of custom silver coins from the /pmg/ guys. A couple holo coins, 4 Yotsubas, 1 gold plated Megumin, and one Otoya Yamaguchi. Anyone here interested if they were on moneromarket? They sell for big premiums on eBay.

>>58092595
glows
>>58096471
why not both

>>58093803
>>real-world utilization is the ONLY reliable metric of actual value
>This is the labor theory of value's waterhead cousin. Is concrete more valuable than gold? Everyone uses concrete.

What is the true value of a dog wearing a hat?

>>58097432
Poorfag here. I don't own any monero nor other crypto for the time being, a "nocoiner" if you will, but I often find myself drawn to this general and always eager to educate others about monero, civil disobedience and tax rebellion, so I'm kind of an activist for the cause. In what part of that image do I fit? The pepe with the cross? I hope.

>>58095980
Does it taste as bad as one would imagine? Any noticeable cognitive benefits?

>>58098272
The coffee is actually very nice, better than what I usually drink even, but that might be because I usually buy ground coffee. As far as I can see there is no actual mushroom in there, instead it seems like it's infused with a coconut oil based extract. That's what the label tells me, anyway.

>>58098585
Yeah that's accurate. They also sell preground and there are no mushroom bits in that either.

t. seller

>>58093888
Checked nigger. 888 XMR to make it.
Now check mine.

Glowies have seized Nemesis Market. Seems the VPS host ratted them out.

>Cybercrime marketplace Nemesis Market shutdown

BERLIN (AP) — German authorities said Thursday they have taken down a major online marketplace for drugs, cybercrime services and fraudulently obtained credit card data.

Investigators seized the Nemesis Market platform’s server infrastructure in Germany and Lithuania on Wednesday, as well as cryptocurrency worth 94,000 euros ($102,000), Germany’s Federal Criminal Police Office said in a joint statement with Frankfurt prosecutors.

The seizure followed an investigation in cooperation with the FBI, the U.S. Drug Enforcement Administration and Internal Revenue Service Criminal Investigation, the statement said.

The platform was active on the darknet, a part of the internet accessible only through specialized tools that provide more anonymity. It was founded in 2021 and had more than 150,000 user accounts and over 1,100 seller accounts worldwide, nearly 20% of the latter in Germany, according to German authorities.

The wares it offered included drugs, fraudulently obtained data and goods, and cybercrime services including ransomware, phishing and distributed denial-of-service, or DDoS, attacks.

The data from this week’s seizures will be the basis for further investigations against sellers and users who used the platform, German authorities said.

-----

ALWAYS use PGP and XMR, retards.

>>58100063
I'm tired of centralized market places that can be taken down like this.

>>58092457
Took some of my bch/bitcoin gains and turned them into some XMR this morning? You know why? Because I’m not a stupid nigger like OP.

>>58100550

We can't all be degenerate gamblers.

>>58096035
That's not a joke, even with good deals its like $50/KH these days.

Interesting new article about the current factors influencing BTC's price. Our old friend Tether gets a noteworthy mention.

>The hot air crypto bubble

Meanwhile, Tether has printed 11 billion tethers just since the start of 2024. It’s at 103 billion tethers and counting.

We very much doubt that most of these billions of tethers are being bought with real US dollars. Why would you send real dollars to an unregulated offshore wildcat bank to buy bitcoins when you could just put them into a US-regulated bitcoin ETF?

We suspect the tethers are being printed out of thin air and accounted as loans — the fresh USDT is “backed” by the loan itself.

This supports our theory that the present pump is not real money flooding into bitcoin. It’s stablecoins on Binance — tethers and FDUSD. The volume on Binance completely swamps the volumes on Coinbase or ETF trading.

The bitcoin price chart looks very like someone’s trying to pump the price. You’ll see the price slowly getting walked up, as if someone’s wash-trading it up … then it hits a round number of dollars, someone tries to cash out, and the price drops several thousand.

Fake dollars going up, real dollars going down.

So we’re not in a bubble. We’re in a balloon, one being pumped full of hot air. It’s fun going up — but the trip down can be very quick.

https://amycastor.com/2024/03/19/bitcoin-goes-up-so-it-must-come-down-what-goes-into-the-price-of-btc/

>>58103900
I always thought there was something eerie about how so much Tether is printed. Of course it is also burned, but very few companies in the world are worth 100b+, let alone have that much in hand to have a 1-1 peg to their virtual shitcoin.

Am I correct in assuming that this doesn't impact XMR too much because a good portion of its value is from grey/dark markets? By "too much" I mean that if something happens with Tether it could lose value as the entire crypto space would be impacted by it, but nothing devastating like BTC would be exposed to.

I have a single-digit IQ so be patient.

>>58104145
>Am I correct in assuming that this doesn't impact XMR too much because a good portion of its value is from grey/dark markets?

The truth is we don't know for certain how much or how little XMR is being manipulated, but given its well-earned reputation for being a perpetually-crabbing stablecoin its unlikely there is any meaningful ongoing manipulation going on, it just hangs there doing its thing.

This might change if XMR starts gaining traction, right now its just not an attractive candidate for manipulation, BTC and memecoins are where its at.

>By "too much" I mean that if something happens with Tether it could lose value as the entire crypto space would be impacted by it, but nothing devastating like BTC would be exposed to.

Have no doubts that Tether will implode at some point, what they are doing is mathematically unsustainable. So when that happens, it'll sober up the market quicksmart and then we'll see what the true value of all these clown tokens really is.

Monero will almost certainly take a hit in the collapse BUT it will find a floor and gradually recover, as it did quite recently. As long as most of the demand for XMR is organic and originating from OUTSIDE the clown market, we'll be fine. All the more reason to grow the Monero economy.

Spend your coins, guys, economic relevance is the only way to survive the coming Cryptopocalypse.

>>58104145
There's only one exchange where I needed USDT to get XMR but liquidity is so bad I went back to Changenow.

>>58098687
>tfw no garloids on moneromarket

>>58104145
if someone is dumb enough to sell monero at 20 dollars I'm going all in, so good luck with that, to all the faggot manipulating jews watching this convo

against the dollar anything logical in supply will go up infinitely, there is nothing impacting the existence of monero, regardless of legality, so we're more stable than pretty much everything else in the modern society

jews eventually have to accept that monero is the king, there is no competitor, they're having fun manipulating bitshit though

>>58103900
>>58104145
>>58104498
Why isn't this more commonly discussed? It all looks so obviously fraudulent it's only a matter of time before it crashes hard.

>>58105850
Every boomer analyst for the last 10 years has been saying Bitcoin is going to crash eventually, and they're probably right. The Tether pump is something crypto weenies dreamed up to explain why their pet project isn't as successful as they think it should be.

>>58106012
it is mathematically designed to crash within 10 years, it's called supply and the halving, bitcoin cannot increase double in price every 4 years, this is simply impossible to maintain, for the electricity cost that it takes to mine bitcoin

obviously if you read the op posts you would know this

but you are a piece of shit

>>58106012
>The Tether pump is something crypto weenies dreamed up to explain why their pet project isn't as successful as they think it should be.
Except multiple academic studies have concluded that Tether is royally full of shit. They've already been caught lying about their reserves and even now they still refuse to open up their books to an impartial 3rd party for review. What a fucking joke.

Figures you maxitards still go to bat for them, gotta keep those bags pumping.

>>58106143
>it is mathematically designed to crash within 10 years
I don't disagree in principle. Either price is going to visibly top out in 4-12 years and it dies when the big speculators cash out and stay out, or it dies in 25 years when millennials start retiring and find out kids aren't interested in their gay internet money.
>bitcoin cannot increase double in price every 4 years, this is simply impossible to maintain, for the electricity cost that it takes to mine bitcoin
This doesn't follow. Price isn't a fixed proportion of mining cost. Furthermore, I'd suggest nobody actually gives a shit about Bitcoin miners. Bitcoin is a consensus of organizations able to deliver fiat for Bitcoin. If they don't like your fake 51% blockchain, they're just going to ignore it and keep going with a selected handful of kosher miners.

>>58106588
>multiple academic studies have concluded
that rape culture is endemic in dog parks. Tether just isn't that big. There's only 100B in circulation, tradable against all cryptocurrency. Bitcoin ETFs brought in 76B actual fed notes this year for just Bitcoin.
>They've already been caught lying about their reserves
No doubt taxpayers are going to bail them out at some point, but they're too tight with banks and government to go under unless they do something profoundly stupid. Once again, fractions of 100B aren't a lot when you start talking about bank bailouts.

>>58106931
the entire network only functions because miners can make a profit, if they cannot make a profit then the coin collapses, in 2036 bitcoin needs to be over 300k for miners to make a profit based on current electricity prices

which simply will not happen, the network won't be secured, and it will collapse

>>58106962
Block difficulty changes depending on available hash rate. Miners will mine at whatever rate is economically feasible.

>>58106984
why, you have a surveillance coin that has no purpose, an unsecured network, something that has no transactions done on it, so why would they mine it when they could mine monero, on much more simple and widely available equipment

why won't the people with 51 percent of the hashrate crash the network, or why won't their enemies invest in doing so

there are 100 different way's it will fail and is irrelevant in the future, it already is but you can't convince normaltards of this

>>58105850
Every crypto spike has tether doomers. Frankly, it's discussed a lot.
And honestly, no one knows what is going on with a lot of crypto adjacent stuff, tokens like tether being high on the list. When FTX went tits up, they had been deliberately hiding a bunch of stuff that was illegitimately pumping a variety of shit tokens.

Anyway, if you hold XMR, you should be hoping that tether is fully legit, because "it won't crash as hard as bitcoin" if tether turns out to be scamming isn't great either, because like, it will still go down quite a bit. "I lost half my valuation instead of 90% like that guy" isn't really a win.

>>58107275
my valuation isn't based on short term day to day, wow it went down, I'm basing my valuation on a 20 year timespan when tether and bitcoin are already long gone

you massive faggot with 10 second time preference, I'm in it for it all, the big win, not your faggoty little emotional trend jumping thought process

>>58107311
>I'm basing my valuation on a 20 year timespan when tether and bitcoin are already long gone
This. It doesn't bother me, it's only a small blip in the larger picture.
If Tether crashes then I get even higher discounts, if not, then I still accumulated discounted XMR before the WEF [current thing] beast system ramped up even more.

>>58107219
>why surveillance coin
Because they can get more money for it. Banks and government pick winners and losers in tech by handing out money at selective premiums. It's not a coincidence the Binance delisting hit Monero during the lead-up to the bull run either.
>why won't the people with 51 percent of the hashrate crash the network
They can't. Exchanges know all about 51% attacks. That's why you have to wait several confirmation periods to clear a transaction. They know who the large scale hash providers are too. If someone creates a non-kosher 51% fork, the big exchanges will ignore it.

>>58100063
>>58100219
>p2p
>i2p
>gpg
>xmr
Neveko is the final solution to the extorting dnm glowies
https://github.com/creating2morrow/neveko

>>58107387
the coin will be totally irrelevant, and you cannot disprove this it doesn't have 10 years left, and neither does the economy based on dollars

>>58107456
I never tried to. I'm just saying so your theories about why discredit your conclusion.

>>58107565
you said jews will find a greater fool to infinity somehow, and that was your entire argument against the objective ways that it will be unprofitable to mine

so you think jews will go through all of the effort to pump a literally worthless shitcoin for the next 10 years when they could just shift into gold or monero, with the profits from the next 4 years

>>58106984
>Block difficulty changes depending on available hash rate. Miners will mine at whatever
Honest miners might be mining on their handheld calculators, as the btc block emission isn't enough to justify using asics.

However, there would be billions of units of btc miner asics out there, sitting idle, then. So, some form of govt controlling agency can simply grab these machines and take control of the network from the honest miners (who are mining on handheld calculators).

Point is this: btc's emission schedule ("halvings") will either:

1) leave not much reward in payments to the honest miners, driving them out of the business --- dishonest, government controlled and subsidied miners take control of the network

2) cause a very high transaction fee per btc transaction on its first layer, effectively driving the small and medium amount size transactions --- regular joe's are pushed towards using wonky, experimental, custodial layer 2/3/4 in order to use btc as money (I know, I know, how dare I suggest using btc as money, right)

Btc is grim.

>>58106143
>obviously if you read the op posts you would know this
lmao no thanks

>>58107848
>2) cause a very high transaction fee per btc transaction on its first layer, effectively driving the small and medium amount size transactions --- regular joe's are pushed towards using wonky, experimental, custodial layer 2/3/4 in order to use btc as money (I know, I know, how dare I suggest using btc as money, right)
This seems like the obvious play. Make L1 totally unusable and push lightning or something instead. Eventually blackrock might just start running miners as a service to prop up the whole thing until the time is right to make it unredeemable.

>>58105584
I fell for this fairy tale once before. Unfortunately just about every other shitcoin including bitcoin retained good value while monero has been losing ever since it mooned to 480. It's not even keeping up with inflation. It's essentially worth only 6 times its value since 2017. Not good.

>>58109503
destruction is the only way they can control it, playbook since segwit, probably earlier

>>58109822
followup: the spam txs on xmr chain is from same playbook

is basicswap any good?

>>58105850
>Why isn't this more commonly discussed? It all looks so obviously fraudulent it's only a matter of time before it crashes hard.

It is if you look outside the crypto echo chamber. Researchers have been sounding the alarm bell about Tether for years, Tether being shady as fuck is practically a meme now. This was published in 2018:

>Statistical analysis of Bitcoin price manipulation by Tether issuance in late 2017

- The statistics support the theory that Tether Limited and Bitfinex corporations used Tether to buy Bitcoin in key occasions during the meteoric rise of Bitcoin prices of 2017 and beginnings of 2018.

- These corporations would print Tether right after transient Bitcoin price dips and would distribute it to an organized network of accounts in different cryptocurrency exchanges (explored in detail in John M. Griffin paper).

- Tether Ltd. would then buy Bitcoin with the freshly minted Tether and would promote the creation of a fraudulent bullish market, which would attract more investors to buy Bitcoin, contributing this way to increase the bubble (momentum effect).

- As part of the strategy, and supported by the paper mentioned in this article, Tether Ltd. would send the freshly bought Bitcoin to their accounts in Bitfinex.

https://medium.com/coinmonks/statistical-analysis-of-bitcoin-price-manipulation-by-tether-issuance-in-late-2017-b3342b8915a0

I suspect they are already under investigation in some capacity, the glowies won't drop any hints obviously so the first we'll hear about it is when they finally get raided.

>>58110223
they *sound* good: https://yewtu.be/watch?v=7bhQNgVoeq8

>>58106931
>>multiple academic studies have concluded
>that rape culture is endemic in dog parks.

Nice false equivalence, faggot. There is absolutely NO valid reason to give Tether the benefit of the doubt here, as mentioned they've already been caught with their pants down, blatantly lying about USDT being backed 1:1 and now they expect us to take them at their word that everything is above board all while stubbornly refusing to submit to an audit.

>No doubt taxpayers are going to bail them out at some point

lol which taxpayers? Tether HQ is deep offshore.

>Tether decided to stop serving individual and corporate customers from the U.S. As of January 1, 2018, no issuance or redeeming services will be available to Residents or Citizens of the U.S.

No bailouts, faggot.


>to go under unless they do something profoundly stupid

lol like printing *billions* of USDT out of thin air whenever they feel like pumping BTC? What Tether is doing is mathematically unsustainable, so its not a question of IF they will implode, rather its merely a question of WHEN they implode.

Go gaslight somebody else, we're not falling for it.

>>58110692
Why are they paying fines to the FTC if they're so deep offshore and nobody can touch them?

>>58109527
Guy has a way of being right for stupid reasons. 20 is a great place to bounce from if it goes there. I would go all in too, but I'd be mostly out at 30. Monero is a medium of exchange not a store of value, and as such it's very healthy. Losing Binance hasn't touched volume at all. People are willing to move to keep trading this shit.

>>58110714
>Why are they paying fines to the FTC if they're so deep offshore and nobody can touch them?

Same reason Binance recently agreed to pay $4.3 billion in fines: to maintain access to the US banking system, which is mission-critical for them and pretty much every other crypto-related business. Hell, every multi-national business.

https://www.investopedia.com/crypto-exchange-binance-charged-with-money-laundering-fined-usd4-3-billion-8405545

>>58110912
So you're saying they'd be out of business if the banks didn't want them in business? If the banks want them in business, why wouldn't they get a bailout? They already bailed out USDC. Banks clearly want the market share. It's just a matter of Tether accepting the right offer.

>>58110887
>Monero is a medium of exchange not a store of value,
It is both MoE and SoV for me. I don't care much about the short-term volatility. What I care are the following truths:

1) XMR is untraceable. Taxman cannot get this.
2) XMR is easy to use. Just hit send, there are no layer 2/3/4, no custodians, no peg-ins/outs
3) XMR has increasing use on the internet economy. I already pay my VPS with it, and everyday I see people using XMR (and not btc) for buying eSIMs, VPNs, VPSs, physical goods online.

It is impossible that XMR will be worth-less going forward.

>>58110957

Are you fucking dense? Why would US taxpayers bailout a non-US entity?


>They already bailed out USDC.

Circle is a US entity, wetbrain.

>Circle (legally Circle Internet Financial Limited) is a peer-to-peer payments technology company that now manages stablecoin USDC, a cryptocurrency the value of which is pegged to the U.S. dollar. It was founded by Jeremy Allaire and Sean Neville in October 2013. Circle is headquartered in Boston, Massachusetts.

https://en.wikipedia.org/wiki/Circle_(company)

>>58109527
>Unfortunately just about every other shitcoin including bitcoin retained good value while monero has been losing ever since it mooned to 480

Oh, are we pretending that clown market price action is real and meaningful again?

>>58111036
>Why would US taxpayers bailout a non-US entity?
you've been in a coma since 2019, haven't you?
money printer go brrrr for foreigners and jews

>>58111036
Because the tech works and they want the deposits. I don't think the USDC bailout had much to do with it being American. They might have bailed out Coinbase directly to protect the government's Bitcoin holdings if they thought USDC had no value.

>>58111079
Also this.

>>58111104

Circle itself wasn't bailed out, 2 US banks holding their money were bailed out. 2 FDIC-insured US banks.

>The Federal Deposit Insurance Corporation (FDIC) has taken over two banks at which Circle held billions of dollars worth of backing for its stablecoin, USDC. By making depositors whole at these insolvent banks, the US government has essentially bailed out USDC’s $1 peg.

>The government declared SVB and Signature as systemically important. To alleviate contagion to the US financial system, the FDIC guaranteed all deposits at both banks — including deposits above the FDIC’s standard, $250,000 per customer limit for federal deposit insurance.

https://protos.com/how-the-us-govt-bailed-out-usdc-stablecoin/

And unlike Tether, Circle is a US entity, plays by the rules and is fully audited, notice how USDC is never implicated in questionable BTC pumps.

Tether is not a US entity, it doesn't play by the rules, it refuses to submit to an audit and is repeatedly implicated in questionable BTC pumps.

>>58111381
If you read into the deal further it was basically NY banks doing a smash and grab on the USDC business. Circle had to move their money from SVB and Signature to Melon and JPM/Chase as part of the bailout deal. Crypto accounts were negotiated separately from regular commercial accounts.
>implicated in questionable BTC pumps
Nigger banks kill people.

Anons would you be interested on seeing the journey of a small entrepeneur that uses monero as its sole way of funding its business, what i am talking about is creating a blog about overcoming the diferent challenges that recycling scrapyard brings, i am a noob but i know some chemistry so this will be a learning process to me as well.

>>58112192
Like a blogspot or you want to make a youtube channel?

Why the fuck does Feather sync so slowly in comparison to MoneroGUI?

>>58112360
Remote nodes are slow. The only advantage is less disk space needed.

>>58112374
I use the same remote node with MoneroGUI and feather and MoneroGUI is quicker.

>>58112192
That would be interesting to see.

https://www.youtube.com/watch?v=NIVkBs7oWDI

>>58112327
A blogpost, a youtube channel would require good editors

>>58112646

Thanks, ok i will do it, anons whats the best place to blog-post something related to xmr and doesn't require all the kike garbage like verification, kyc etc

>>58112327
A blogpost, a youtube channel would require good editors but maybe later we could do a youtube channel

>>58112646
Thanks anon, ok i will do it, so what would be the best decentralized place for blogpost or should i just use something like WordPress

Anyone have any interest in some of the custom mints pmg produced? I've got a few and wonder if its worth putting them on moneromarket

lol so apparently the new maxi FUD strategy is concern trolling about how compliance-cucked Team Monero is.

You can't make this shit up!

>>58113844
samourai crew are just salty that douglas tuman has interviewed their competitor coinjoin service. Not that I like anything about wasabi nor nopara (a fat fuck). However, statism accusation is just stupid.

>comply first
ancient news. didn't work. there was a community outcry back then against it anyways.

>>58113844
btw, samourai crew are not btc maxis at all. in fact, they are freedom maxis, and are quite based imo.

but their current angle of stirring shit up with statism accusations are just absurd, stupid, and unnecessarily causing a scene.

where do I download the samourai wallet swap? I can't find anythig about it on github or the official samourai wallet page. is it dicontinued?

>>58114547
https://monero.observer/samourai-wallet-btc-xmr-atomic-swaps-program-public-beta/

>>58110887
>not a store of value
Why not? What else is there? Bitcoin?
XMR is ironically more similar to gold than BTC is.

>>58113555
I enjoy the Holo one. People would probably buy it, I would if shipping was an option to my place.

>>58092457
i'd like to diversify my stack. is there any crypto other than xmr that is not complete shit?

>>58114920

Anything wearing a hat is good.

>>58114920
dark.fi

>>58092538
For the love of god update this. We are nearly at the halving and bitcoin is multiples of those numbers. The sentiment is okay, i disagree with it, but most the logic is sound. Looks foolish to use totally wrong numbers though. Even at the current price pre-halving, at the current hash rate i can never break even in bitcoin, and my area has cheap electric.
Also, mining monero is not profitable either unless you are totally writing off the hardware cost. Its kinda okay to mine on a gaming pc that you didn't spend extra money on, but at the same time, you make more profit with the same hardware on other coins. These arguments about supply, hashrate and mining wont win people over as written.
The tail emission hurts price too, but the benefit as of late is that monero is much more suitable as a currency because the inflation seems to even out gains. Some see that as bad because it makes it a bad speculatory investment. But it's good for a cryptocurrency aspiring to be a CURRENCY.

>>58114962
This. I can't think of any other project other than this and Monero that doesn't sound like a scam in some way.

>>58115125

Sure, I'll just replace that part with some tasty Tether blackpills so we can enjoy watching the usual "Tether is totally legit now, bro!" mental gymnastics Bitcucks are so fond of performing.

>>58115125
I'd say keep it. The BTC maxis getting triggered by it amuse me. It's not the numbers that matter but the logic, if they can't substitute in the relevant numbers then they couldn't understand it in the first place.

>>58114634
thanks. looks so intimidating tho...
also how does this actually improve privacy as opposed to using trocador or similar?
>>58114920
bump for interest. I was looking into stable coins to have fund available to ape into something at an opportune time. any recommendations there?

>>58115206
>This. I can't think of any other project other than this and Monero that doesn't sound like a scam in some way.

Indeed. DarkFi has impeccable cypherpunk credentials, they are gung-ho agorists just like us.

>>58115247
>The BTC maxis getting triggered by it amuse me.

They've been seething about that post since day one, every other General we get some salty maxipad taking issue and whining for days on end.

>>58114773
You seem to have trouble distinguishing the thing in theory from the thing in reality.

>>58111068
All crypto is clown market.

>>58113555
It depends. 1) Will moneromarket ban me if I'm in Russia? 2) Can you ship to Russia? From USA the answer is probably no. From Germany DHL maybe, if you register them as funny tokens, but I don't think you are in Germany. 3) I would buy some of these x4-x6 metal.

>>58107311
>you massive faggot with 10 second time preference, I'm in it for it all, the big win

This is the stupidest cope I've ever heard. If you think an asset is gonna tank before it goes up, sell now and buy when it's cheap, you maximum strength retard.

Anyone else here discovered crypto in 2021 holding monero? Do you guys feel isolated holding monero thinking about peer to peer cash when you missed the 2017 run/culture? Thinking of mining monero for first time but feel like the fun is gone in mining crypto? Do you feel like the entire market is going to crash down and we're bagholders 10 years late?

>>58117032

Is that what you think this is ultimately all about?

>>58114920
>is there any crypto other than xmr that is not complete shit?
I've put money into Doge simply as a way to make gains. It's not that it's good, but it's innocuous and doesn't have any pre-mining shenanigans or other red flags that would make it a security.

In terms of things that I actually like, I'm interested in putting a lot into Serai when it launches.

>>58114962
>>58117345
do dark.fi and serai. worth looking into though neither is available yet it seems

How long until Tether rugs?

>>58117032
>feel like the fun is gone in mining crypto?
I'm mining and it's fun. I love being able to pay for a VPS and other services purely using my computer.

It's over for eurocels
>https://www.patrick-breyer.de/en/eu-cash-cap-and-ban-on-anonymous-crypto-payments-results-in-financial-paternalism/
Monero is literally about to become illegal in eurostan. What do?

>>58114962
I don't know what darkfi is supposed to do like fuck creating more gambling shitcoins for more shitcoins is nothing diferent that we all have right now

>>58119427
>And anonymous payments in cryptocurrencies to wallets operated by providers (hosted wallets) will be prohibited even for minimum amounts without a threshold.
They're eurocels because they can't have CEX.

>>58119746
The truly shitty thing here is that most of the people I've talked to are of the opinion that legally people selling on localmonero etc will be considered "providers".

>>58119427
I mean this is what prayed, if the cbdc agenda and the 2030 conspiracy is actually true then this self fullfiling prophecy is bullish because they are legit admiting satoshi was right and anonimous decentralized peer to peer money is the most dangerous thing ever invented to the nation state, the long term consecuences of this is that no one will actually want euros and the european union wont be able to solve its problems by the printing machine, of course xmr needs to become bigger and in my personal opinion unless cash is banned there is no need for monero but if cash gets banned the real world necessity of monero becomes more important

>>58119781
That's already the case in the US. If they catch you selling crypto for fiat or PMs without paperwork repeatedly it's considered a "money transmission business". The best ramp is growing the circular economy and selling goods for XMR since that's by nature much harder to track.

my hatred for the state is incommensurable

>>58119427
Get monero while you still can. Gold and silver too.

>>58119740
they say it's going to be eth but fully encrypted/anonymized using halo2 scheme zero knowledge encryption stuff

ALso, darkfi is going to be merge mined with Monero using randomx algo, so you can mine darkfi, and sometimes get some xmr payment in addition to your drk tokens; even if you never find an xmr block while mining drk, you will be adding more hashrate to the monero network.

I want to understand something, what are the metrics that make price rise, let me explain, monero is actually used as a medium of exchange but if we want to extract the energy from fiat currencys then people would need to buy monero and stay in monero not trade it for other CryptoCurrencys, or do we just need transactions, or more users, or just a few whale users trading in billions of value, for example technically if a ransomware group demands the entire marketcap of value of xmr how would the affected company find that xmr, technically xmr would increase its price value by double

I managed to save up the suicide stack (18.4 XMR)

What's the next target?

>>58120512
First, 21. Then, 69.
XXX to make it.

>>58119427
Just buy Monero P2P, how is this a problem?

>>58121495
p2p sellers count as "providers"

>>58095373
That is a very highly based transaction indeed.

>>58121598
come and find it
haveno.exchange

How will I cash out in the future?
I'm sure my stack will grow to whatever X euros limit the governments set it at.
I'm only interested in generating alpha based in fundamental plays. KYC wouldn't be an issue.
Or would it be easier to shop around on legal markets and sell some common stuff for cash?

>>58119928
>his hate cannot be mathematically expressed as a ratio of integers
Impressive.

also I wouldn't be dodging taxes, as gains beyond a certain date would be tax free anyways.

I find it hilarious how we went from
>internet money isn't real money
to
>it must be banned
First they ignore you, then they laugh at you, then they fight you, then you win. WAGMI

>>58122494
>irrational hate

>>58122494
>>58122555
>not measuring it in ordinals

>>58122441
>How will I cash out in the future?
Preferably in the Monero circular economy. Depends on how far in the future and how bad the CBDC agenda is at that time.

>>58122441
>How will I cash out in the future?

Assume you will never be able to cash out large sums into your bank account.

But you should be able to cash out large sums into actual cash through darknet off-ramping services using dead drops. This technique was pioneered by Hydra Market, basically works like this:

1. Set up a deal with cash seller in your region
2. You send say $50K worth of XMR to a trusted 3rd party escrow (multisig, of course)
3. Counter-party drives to secluded area, buries $50K in cash, notes the GPS coordinates
4. Counter-party drives back home, sends you the GPS coordinates.
5. You drive to secluded area and dig up the cash
6. Once satisfied everything is kosher, you release the XMR

Both parties have an incentive to be honest because its the only way to maintain a positive reputation and guarantee repeat business.

So, yeah, don't expect to be able to directly buy a house or car with your XMR gains if privacy coins are effectively outlawed. You might be able to indirectly with a straw purchase that is then gifted to you, but that may incur additional taxes. In any case, you can always rent both for cash, which may actually be preferable for some.

Regular crypto wouldn't be worth much in such a scenario, anything tolerated by the State would invariably be compliance-cucked beyond belief and thus pointless i.e. worthless.

Ideally, though, you'd never even need to cash out if most/all of your needs could be met using only XMR and various concierge services.

>>58122741
>1. Set up a deal with cash seller in your region
>2. You send say $50K worth of XMR to a trusted 3rd party escrow (multisig, of course)
>3. Counter-party drives to secluded area, buries $50K in cash, notes the GPS coordinates
>4. Counter-party drives back home, sends you the GPS coordinates.
>5. You drive to secluded area and dig up the cash
>6. Once satisfied everything is kosher, you release the XMR
Uh... Based?

>>58121627
>haveno.exchange

>>58122741
unfathomably based

Top 10 most popular listings on MONEROMARKET.IO

>>58124408
Looks like growing bees is the current meta.

>>58124652
*beans

>>58124408
oh shit I'm top 20
thanks guys

In light of recent events, darknet OPSEC gurus are now pushing for more rigorous security standards. Other than the mandatory use of PGP, this also includes mandatory Monero-only payments.

I expect we're eventually going to reach a point where Dread will prohibit the listing of new DNMs that aren't Monero-only, they've previously prohibited markets that don't accept XMR.

In other words, the Monero economy is now only going to grow while Bitcoin's downward spiral into economic irrelevance will only speed up. The darknet economy has been the largest sustained source of *organic* BTC demand since 2011 and with this source now drying up, all they have left are a few die-hard agorists who still haven't gotten the XMR memo. I'm sure Tether's magical printer will keep things going a while longer but no prizes for guessing how this all ultimately ends for Bitfags.

>>58107416
>Neveko
>>58124787
good to see. nudge them towards xmr, let it have more broader adoption.

however, I think dread should help financing the development of neveko, instead. It does everything they want it to do, i2p, gpg, xmr, distributed, you name it they do (plan to do) it.

neveko should make the old-gen centralized DNM onion websites obsolete.

>>58124787
>In other words, the Monero economy is now only going to grow while Bitcoin's downward spiral into economic irrelevance will only speed up.
you are absolutely delusional. just look at the chart. XMRBTC is down -45% this year and -83% over 5 years.
nobody wants to hold Monero, you just swap BTC or USDT for Monero to use on a DNM and then swap the seller does the same. it's in-and-out.

>>58124408
>>58124784
>sell product a couple of times
>be top dawg already
mfw

>>58124881
>you are absolutely delusional. just look at the chart. XMRBTC is down -45% this year and -83% over 5 years.

lmao trust a laser-eyed Bitcuck to infer an equivalence between NGU and economic relevance.

Dogs wearing hats also have very impressive price action, that doesn't make them any more economically relevant.

Anyway, you'll find we're all acutely aware of Tether's ongoing shenanigans here, BTC's fake & gay price action thus isn't as impressive as you think it is.

$100K BTC end of year!


>nobody wants to hold Monero, you just swap BTC or USDT for Monero to use on a DNM and then swap the seller does the same. it's in-and-out.

lol see, that is precisely what economic relevance looks like - people literally NEED Monero to buy specific goods & services. Demand is thus not dependent on user sentiment.

But you'll also find we're very supportive of Bitcoin hoarding here, you absolutely should never spend your sats, always swap into XMR first and use that.

>>58125167
yeah people also need toilet paper to shit, doesn't mean TP companies are a good investment.

Check out this anon selling coom books: https://moneromarket.io/u/JAnon/

>>58126001
based anon. im selling scans, but plan on selling physical mags in the near future. also plan on adding blacksmithing items, but that's dependent on the weather.

>>58124881
Honestly it's essentially pegged at ~150USD (+/- 10%) for a good time now, which is very good for mass adoption. One of the things that makes a currency something that is actually used by people is to be certain that it will be worth roughly the same value tomorrow. That's why crypto in general is so common in the third world where some countries are actually experiencing (hyper)inflation. Of course, I realize that using the USD as a reference has its own set of problems, but it's a fact of life that it's still the most relevant currency these days.

Which leads me to big think: to keep a price so steadily stable is something that usually only happens if trade volume is absurdly high. Just how high actually is Monero's volume?

how come there is no talk about this in the official xmr thread
>>462695090

>>58126224
this btw

>>58126220
We know transaction quantity from the blockchain. What we don't know is transaction *quality*. Stable prices suggest that most transactions are monero for goods and services rather than speculation.

>>58126224
Scroll up, dingus.

>>58119427
>>58119746
>>58119781
>>58119785
>>58119958
>>58121495

>>58126272
Very very based if true.

>>58126272
Is there a way to measure transaction quality

>>58126327
The DOINK off of 100 back up to stable prices after Binance delisting is a pretty solid indicator in that direction, but one of Monero's values is that it's never possible to know for sure.

>>58095373
GOG is a Polish company which is part of EU. Usage of Monero is about to be banned >>58119427

>>58126327
As the EU and US regulators have said, it has become the reserve currency for grey and black markets nowadays. And I have read that black markets back in 2015 were responsible for moving around 625B USD. It is very plausible to assume that the 2.5B mcap we are at right now represents 0.4% of that market (considering the values are the same as 2015 which they certainly aren't).

So we can conclude what anon said earlier: XMR is very likely traded for actual goods and services, its main price activity does not come from PnD, moon(soi)boying or normie/influencer FOMO.

>>58126445
>its main price activity does not come from PnD, moon(soi)boying or normie/influencer FOMO
...or bullshit corporate ETFs, I forgot to add.

God I hope it dumps a little bit again. My little brother saw I bought stuff from moneromarket and now his 14 year old ass wants me to get him some Monero too. Explained the concept to him and he seems to be turnt on anonymous crypto. One of the very few things I did right as a big brother.

>>58126626
Based gen alpha. Tell him Monero is the currency for Ohio sigmas who want to avoid fanum tax.

>>58126420
They can use an independent payment processor somewhere in the free world like probably 99% of companies that take crypto payments. I can see some weirdos would be willing to run 5% overhead to pay for their porn games with xmr.

>>58125482
They are growing.

>>58126650
Kek'd

>>58126650
fr fr no cap
>>58126626
My sister is mining Monero. It's truly the future. Teach him about mining.

>>58125364
>yeah people also need toilet paper to shit, doesn't mean TP companies are a good investment.

Buying stock in a company that has an absolute monopoly on TP production actually makes for a very lucrative investment.

Monero is likewise establishing an absolute monopoly on grey & black market payments, the future growth potential of this nascent shadow economy is positively enormous, especially in the grey market sector as that is the one that is most attractive for normies. No customs, sales or income taxes to worry about = overall lower prices than equivalent clearnet listings = more attractive to consumers. More and more consumers entering the economy = more and more demand for a limited amount of XMR = slow but consistent NGU over time.

Now compare that to BTC: ever-diminishing demand as a medium-of-exchange, too unpredictable to ever function as a reliable store-of-value, increasingly dependent on speculative mania and stablecoin BRRRRRRRRRRRRRRR to keep it afloat.....yeah, its obvious to anybody with even an average IQ what the superior investment opportunity is here.

Having said all that though I must stress that Monero Is A Terrible Investment™ and you should only be buying it to spend it.

Anyway, keep HODLing your increasingly useless memecoin like the absolute retards y'all are, never spending it is indeed the best way to grow a circular economy lmao

>>58127658
tfw I need to stack XMR to afford some of the ridiculous shit on MoneroMarket

>>58127685

lol just a matter of more competition entering the market. Once producers and smugglers realize they can sell their wares directly online at highly competitive prices, shopping should get a lot more enjoyable.

>>58127658
>with even an average IQ
here's your problem b
thought monero was supposed to be a currency and not an asset that people and dealers and whatsnot were supposed to hold
btc with all its flaw still have a lot of arguments for being a store of value, as the volatility will eventually stop since more and more people are getting in and willing to hold it anyway

>>58128386
>thought monero was supposed to be a currency and not an asset that people and dealers and whatsnot were supposed to hold

Did you miss this?
>Having said all that though I must stress that Monero Is A Terrible Investment™ and you should only be buying it to spend it.

>btc with all its flaw still have a lot of arguments for being a store of value

lol no it doesn't, forcing the SoV meme became necessary once BTC's failure as a MoE became undeniable, it was either admit failure or conveniently change the narrative and start insisting "BTC is a SoV now!" Bitfags continue to insist upon "muh store of value" despite BTC being a demonstrably terrible SoV because they have to, its their last stand at keeping BTC relevant.

In contrast, MoneroChads don't need to insist upon Monero being a robust medium-of-exchange, XMR's organically growing adoption in real-world markets speaks for itself.

>the volatility will eventually stop since more and more people are getting in and willing to hold it anyway

lol no, the more people there are accumulating in anticipation of higher prices (that is, speculating) the greater the degree of profit-taking when a pump happens, which inevitably leads to a dump and more accumulation, which (with some help from Tether) then leads to another pump and so the endless cycle of volatility continues.

The only way to reduce volatility is to increase non-speculative demand, and the only way that happens in cryptoland is by becoming a viable medium-of-exchange. So, XMR.

And besides, there isn't actually "more people" getting into BTC, interest in BTC now is much less than in previous years despite an ATH recently being hit, normies are getting blackpilled on all the BS in the cryptospace and simply not caring anymore. Once they realize how fake & gay & manipulated the price is, it doesn't matter how high it goes, the FOMO goes bye-bye.

Thus, the future for any crypto that isn't economically relevant to non-investors is frankly very grim.

>>58128781
>Bitfags continue to insist upon "muh store of value" despite BTC being a demonstrably terrible SoV
how does a deflationary wide-adopted decentralized asset is supposed to be a terrible SOV again?

>lol no, the more people there are accumulating in anticipation of higher prices (that is, speculating) the greater the degree of profit-taking when a pump happens, which inevitably leads to a dump and more accumulation, which (with some help from Tether) then leads to another pump and so the endless cycle of volatility continues.
disminishing return due to mcap is a thing
it will get more stable eventually.
besides big tech stocks have a lot of volatility yet the general consensus is that it is an excellent hedge against inflation

>The only way to reduce volatility is to increase non-speculative demand, and the only way that happens in cryptoland is by becoming a viable medium-of-exchange.
citation needed

>And besides, there isn't actually "more people" getting into BTC
this sure does explain the recent volume and massive etf inflow before any mania in the market you're right

>normies are getting blackpilled on all the BS in the cryptospace and simply not caring anymore. Once they realize how fake & gay & manipulated the price is
normies do not per definition realize anything get a clue
they will fomo, and eventually hold given a long enough timespan

I don't get how you fags would rather speculate an hypothetical future market maturation that'll lead everything to crash BUT xmr instead of admitting the widespread adoption of btc that is happening right here right now before your very eyes

>>58128890
>how does a deflationary wide-adopted decentralized asset is supposed to be a terrible SOV again?

lol so what will the price of BTC be 1 week from now? 1 month from now? 6 months from now? 1 year from now? Until you can predict that figure with a *very* high degree of certainty, BTC will continue to be a terrible SoV.

lol and what adoption? Or are you one of those wetbrains who considers hoarding a usecase?


>besides big tech stocks have a lot of volatility yet the general consensus is that it is an excellent hedge against inflation

lol did you seriously just compare crypto to big tech stocks? The reason THEY have value is because they represent fractional ownership in real world companies that create value through the manufacture and sale of high-demand products that pay dividends to the shareholder. In other words, they are productive assets that generate wealth by being economically relevant.

>muh ETFs

ETFs are paper BTC that can't be spent on goods & services. Nuff said.


>they will fomo, and eventually hold given a long enough timespan

Nah, they're only getting more and more blackpilled with time. And Tether can't keep printing funny money indefinitely either. Its not looking good, bro.


>I don't get how you fags would rather speculate an hypothetical future market maturation that'll lead everything to crash BUT xmr

It's called "seeing the writing on the wall"


>instead of admitting the widespread adoption of btc that is happening right here right now before your very eyes

lol this again?

Listen, we're actually having a lot of fun staying poor in here so how about you let us learn our lesson the hard way, feel free to drop by and gloat when you inevitably become a laser-eyed millionaire.

>>58128890
>how does a deflationary wide-adopted decentralized asset is supposed to be a terrible SOV again?
Because it does wild shit that has nothing to do with inflation.
>it will get more stable eventually
Bitcoin cultists have been calling for decreased volatility for the last 3 cycles and it hasn't materialized. I honestly don't know what the use case for Bitcoin is in cryptocurrency. Fungibility and high mining cost makes it DoA as a cash substitute, and AML laws kill its supposed censorship resilience. You could say pure crypto collateral, but Etherium seems more practical because it has utility and pays dividends of a sort.
>big tech stocks have a lot of volatility yet the general consensus is that it is an excellent hedge against inflation
The general consensus is rich cunts telling you what to think. Show us on a chart where NDQ correlates to money supply or price inflation.
>the widespread adoption of btc that is happening right here right now before your very eyes
As a non-custodial speculative instrument.

>>58127658
>>58128386
>>58128781
>>58128890
>>58129131
>>58129548
Optimal strategy for your nest egg:
>buy both BTC and XMR as a SoV and for spending. XMR for weed, BTC for houses, cars, and to grab easy money during price pumps
>slowly transition most of your crypto portfolio to XMR as XMR hash rate increases and more miners join and price pumps a bit with discovery and/or need.

XMR miners cannot profit off their electricity today. Your doing a charitable deed when you mine XMR. BTC is currently a good SoV. Subject to change overtime. This is uncharted territory. We are all gambling none of us know the right move. I’d say keep a ratio of both. Banning of cash, and governments becoming super fascistic? Well you KNOW all the normies won’t be able to avoid XMR then. If this doesn’t occur, BTC will definitely be a great currency to compete with central banks. Can’t be inflated. Hash rate is rising exponentially, meaning tons of people are buying more electricity and hardware to make it real, this really speaks. It is the people who determine which is best at the end of the day.

Somebody should code an openstreetmap app which collects all the known Monero meetup communities on the map. When tapped on one, say, Barcelona city, it should show the matrix/tg/signal group chats, website URLs, and the organizer's contact info of that xmr meetup group.

This should:

1) give monero travellers a place to visit and get some welcome
2) provide an incentive to "conquer the map", as the cities which yet do not have an xmr community would be bare open for all to see, and presumably, take the initiative of creating one.

Create the parallel economy you want to see. Create the parallel city you want to have. Underground, informal communities brought together by Monero, liberty and crypto-anarchy...

>>58130466
btw, I think many Monero group communities can shift to using Signal messenger nowadays. They have introduced hiding phone number and setting up usernames, which, make public group chats safe and possible.

Check this guide for creating an anonymous signal account: https://wiki.karapara.net/doku.php?id=signal_anon_acc_en

>>58130466
>>58130478
I’ve figured if entire hobo cities can be built around drugs and degeneracy why can’t whol communities be built upon the XMR blockchain? Rent out a big space to make some sort of mall or bazaar where you got armed security and you can deal all kinds of goods that are tangible using monero. If societal decay goes downhill enough you’ll be able to get all your ganj and fentanyl at these venues. XMR apothecary, use at your own risk if your dumb enough to OD well you deserve to be removed from the gene pool lol. I mean Canada gots suicide booths. Portland decriminalized all drugs. Could just have whole truly free markets based on XMR in the near future I imagine.

I just made my 25th sale on moneromarket.io. I've earned almost 3 XMR since January last year and i'm one of the top vendors on the site. I know it ain't much, but it's honest work. It's going to help me buy a motorcycle in my shithole country.

I just want to thank you all for supporting the monero circular economy.

>>58131189
Cheers, anon. Moneromarket is SOVL.

I also just got another order in. I love monero market so much, bros.
>>58131189
You're the Croat bee grower, aren't you?

>>58131209
Cheers

>>58131278
No, but he is cute

>>58131494
Must feel like a giga chad being the top seller.

Ne1 have any experience using XMR to get an OVH VPS? I tried with a Cake prepaid visa but these niggers keep indefinitely postponing my order
I don't have a credit card/bank account T_T

>>58131578
get a vps from kyun.host
they directly take xmr

>>58131593
I already have a kyun, but I found an OVH starter offer that's too good to nignore, they have a 20GB ssd 2GB RAM VPS for like $1/month

>>58131578
Try trocador.app prepaid card

Monerochan

>>58092457
i need help with a wallet.

>>58133007
I can't help you, but, I just wanted to say I saw your post :)

>>58127252
It's a forced meme.

>>58133007
print "help" for list of possible commands

>>58131209
It's kind of wild that just /XMR/ anons trading with each other are holding down multiple spots in the top 20 vendor list on the biggest Monero clearnet market.

>>58133290
At least 2 fumonero whales are in this thread. They possess 6% of world fumo reserves.

New Monerochan song released:

Monerochan - Monero Rising
https://www.youtube.com/watch?v=BCQpn5a2CQI

Monerochan - Power To The People
https://www.youtube.com/watch?v=pfr-aBXpi1Q

Monerochan - Untraced in the Night
https://www.youtube.com/watch?v=6YzUQbgHaSs

>>58133290
We are ungovernable.

the entire board full of advertisements for memecoins and non-fundamentals talk attached to any post is because bitcoin is still the highest valued crypto

What's your favorite color, anon?

>>58133708

Anybody actually use this? A comparison with AnoNero would be helpful.

https://www.youtube.com/watch?v=87zsE1cpbbA

>>58133708
Monerochan orange.

>>58133371
>Monerochan - Power To The People
>https://www.youtube.com/watch?v=pfr-aBXpi1Q
Real banger, wish there wasn't this 2 minute limit per track.

>*ROOOOOOOOOOOOOOOOOAR*
>DIGITAL CASH UNLEASHED
>*ROOOOOOOOOOOOOOOOOAR*
>ANONYMITY ACHIEVED
>*ROOOOOOOOOOOOOOOOOAR*
>POWER TO THE PEOPLE
>*ROOOOOOOOOOOOOOOOOAR*
>THIS CRYPTO WONT BE BEAT

>>58122741
Is local monero the best for this or something else? 0 Cash sellers in my area

>>58133708
where to cop

>>58122741
Based until LE is on either side of the transaction and catches you ILLEGALLY trading shady internet money for fiat notes

>>58092457
Hey /xmr/ how do you profit from the pandemic(s)?

Let us say, this is how it goes.

Playbook that was used for the first pandemic.

Step 1: Yell out really loud across all media stations "Virus from ch*nktown! I can't breathe!".

Step 2: Use Billy funded RT-PCR tech with 6 million rep cycles to show that your body has Mein Coof that will take us back to black death.

Step 3: Quarantine the g*ys for 40 days and 40 nights away from all human contact. Make them frustrated with all the mindful peace and tranquil silence.

Step 4: Take this experimental gene therapy, this vaxx pass and this UBI trials so we can all go back to normal.

Playbook that can be used for the second pandemic.

Step 1: Yell out really loud across all media stations "Your computers has a virus Saaaar (Kindly). Do not connect to the internet!"

Step 2: Use some closed source Antivirus from good ol' Billy that shows your computer has Le Scary Virus that will take us back to stone age.

Step 3: Disconnect your devices (and airport computers, heat, water, food, travel, medical devices and so on) until the g*ys are tired of all the self-reflection and life analysis they have to go through.

Step 4: Apply this boot level hot patch that is totally not backdoored, this digital ID so you can connect SAFELY and EFFECTIVELY to the internet and this digital wallet so we can all go back to normal.

Again, how do you profit from the pandemic(s)?

>>58134713
>Is local monero the best for this or something else? 0 Cash sellers in my area

The kind of service described is not something you'll find being offered on LocalMonero, its currently only thing a thing on Russian DNMs.

>>58134446
you can continue the tracks (suno ai v3), but it doesnt always work good. i might try later to make it longer.

>>58134787
>Based until LE is on either side of the transaction and catches you ILLEGALLY trading shady internet money for fiat notes

Yes, that's always a risk but the risk is mitigated if you only engage with highly-rated counter-parties that have been in business for years. These will likely be legit organized crime gangs looking to digitize their cash reserves by selling $€£ for XMR.

The beautiful thing about dead drops is that the party making the drop is virtually immune to glowie interference (assuming drop sites are never reused) because glowies ain't psychic, they can never know ahead of time where a drop is being made. So doing a cash-4-XMR deal with an OC outfit flaunting positive reviews dating back years should actually be quite safe.

>>58134590
they shout "monero!!"

another version: https://www.youtube.com/watch?v=UaykzHqkx_M

>is the perfect coin
>keeps bleeding sats

I hate this irrarional market.

>>58135090
I’ve seen cash by mail on localmonero, cash in person… but never heard of this dead drop shit. Wow are people really doing this kind of shit? I do most of my monero purchases via direct cash app peer2peer some BTC to peer. I been wanting to buy just 1 monero cash by mail…. Just to enjoy the way the process works and get confident in doing it lol. Sounds like fun.

>>58135579

DNM-mediated dead drops were pioneered by Russian markets, notably Hydra.

>With the help of an invisible army of young couriers, Hydra is monopolising Russia’s traditional street drug trade. Like a real life video game, the online stores on Hydra employ drug dealers known as kladmen ("treasuremen" or "droppers"), whose job is to stash drugs in GPS-tagged hiding spots ready for pick up by online buyers. It’s a street-tech workaround in a country where the postal system is slow and unreliable and regular street drug dealing is highly risky. It's basically Pokémon Go for drugs.

https://www.vice.com/en/article/g5x3zj/hydra-russia-drug-cartel-dark-web

Basically anything can be dead dropped: drugs, cash, bullion, you name it. Dead drops require more effort but they are absolutely the safest way of doing black market business because 3rd party involvement is completely eliminated. And vendors almost always get busted via 3rd parties i.e. postal services.

>>58135726
Omg! I had been thinking about this awhile ago when I first got into XMR and researching the darknet and reading the DNM Bible. I’m really into all this crypto anarchy shit in a world we’re governments are getting more controlling. They all use USPS which is pretty damn reliable but not always. I kept thinking… we literally need to develop a whole dark net “postal service” that is safe and trustworthy. One where even normies can use without having to worry about getting attacked by shady darknet drivers and deliverers. Of course even in this movement there would b feds fucking with the system but just like the rest of the black market there hardly able to put a dent in the system as a whole. It’s all about trophy busts and money for the alphabet agencies. I’m no vendor personally and would never have the balls to be one. But vendors are always going to have tons of heat even in this system. You get caught as a vendor and your fucked hard. End users of drugs? Slap on the wrist usually. So is this all ONLY in Russia though? I don’t think I’ve seen anyone speak of this on dread.

>>58135726
….dude…. This is next level shit. A hit man hited by hydra on a cop? Wow.. yea I just want weed. Whew. Creepy shit. I to this day thought there weren’t hit men on the dark net. I mean. Darknet is good and all I like free market and privacy. There will be evil though unfortunately. It’s like John mcafe said the telephone itself was initially used by the mob to place a bunch of hits. Good technology will always be used for bad. But we can’t just decide that none of us get to use the telephone anymore just because someone else used it for evil. I definitely don’t approve of the use of this shit for hit men. But.. what can I do to stop it? I’ll just not go anywhere near that kind of shit on the darknet lol.

>>58135726
>>58136055
>>58136157
You have to be 18+ to post here

>>58136055
>So is this all ONLY in Russia though? I don’t think I’ve seen anyone speak of this on dread.

Using the postal system is still reasonably safe and effective provided you abide by OPSEC best practices. So Western vendors don't consider dead drops worth the hassle yet.

Dead drops make more sense for very high value deals where you absolutely positively do not want to risk interception or seizure e.g. buying 5 figure amounts of cash or one of those massive good delivery gold bars.

>>58121627
>the seller is an undercover cop

>>58098585
> As far as I can see there is no actual mushroom in there
Lion's mane my man and of course it's dried and ground to dust.

Gupax came back as a virus. I know its just windows getting anal that something is installing in win32. But if I have all my personal data on this laptop, could the vulnerability possibly open me up to more security risks

>>58136699

>>58092488
>>NOTE THAT DUE TO BOTNET SHENANIGANS XMRIG IS AUTO-FLAGGED AS MALWARE BY MOST ANTI-VIRUSES, SO DON'T FREAK OUT!!!

>>58136311
Interesting. So in a sense XMR=backed by gold lol. And weed. And all I gots to do is hodl while the dead droppers pump the price for me. Gonna smoke sooo much weed when I’m rich. I know sound like a moonfag but come on y’all know miners are gonna need the price to pump because right now they are donating their electricity to the blockchain.

>>58136753
Okay so can I just turn off virus protection and turn it back on without having my install files wiped?

>>58136843
With tail emission, mining is the onramp of last resort regardless of ticker price. Pay for enough FLOPS and watts and you get XMR.

>>58136994
When would an on ramp last resort occur though? What more can the government do to stifle the progress and awareness of XMR?

>>58137155
Not having anything worth selling that you can afford to part with. It's a problem that goes away once common labor can be paid in monitoshis.

>>58133944
I think anonero makes other setups obsolete. A phone is more discreet than a special device, and even though I don't trust phone hardware I sure don't trust specialised crypto hardware.

Asking here since /lit/ didn't have any answers and you guys had the little book club thing.
Any other books like The Sovereign Individual?
I don't mean wider libertarian works but rather any books that make predictions about the world of the near future and also actions individuals should take to benefit from it

>>58092488
>P2POOL
Will I make more XMR by switching to P2POOL?
I've been with MoneroOcean for a long time and it's been good... but I'm open to better solutions.

>>58114822
Cool, figured out shipping so I put a few of the Yotsubas up, will put a holo up tomorrow as well.

>>58116388
I looked it up and getting anything to sanctioned countries is pretty expensive.

I am the anon that some days ago wanted to recycle gold and silver, i don't know where to post the blog so i will do it here, if someone has a better idea respond to me what decentralized blog website is ideal for this, anyways lets start, the best way to understand what i am doing is watch E-Waste ben and what he does, my end goal is have a functional recycling company for e-trash but for the moment i am just learning but learning looks hard, i asked chatgpt what would be the right way to separate the copper from the gold and it told me to use nitric acid, also i went to other forums and it looks like nitric acid is the way, anyways nitric acid is a strong acid and its really dangerous to use, i used loves, a mask and goggles, still after the work was done there was a nasty dangerous aroma and it can make your eyes cry, i put some nitric acid on top of a pc board where you can see the parts where the fingertips have gold on them and i was specting nitric acid to dissolve it and just leave the gold but after doing the reaction and leaving it some hours the small pcb part that i put on nitric acid it looks by itself a little bit damaged but it doesn't look like the gold is separated, maybe by physical methods it will separate, anyways i am thinking on needing a profesional chemist and some investors, the profits would eventually go to the investors, the ROI of physical precious metals will only get higher as the 2030 agenda demands more silver and other rare earths so this is an industry with only upswings,

send me a message if interested and if you are an investor or a profesional chemist send me a message on how we can work together in the future.

8AQWZV5M13KbwWgmd63KUZgtpspwJofENWxsSrUn7hHe32YfqydbuAe4KjRLAAnQduC9GJ9vhg9EQ2Zg1TuUnnXVVBr2Kbd

>>58138339
p2pool pays out as soon as they find a block so it's lumpier payments. The real issue is moneroocean creeping up on a quarter of network hashrate. Decentralize!

>>58139060
>moneroocean creeping up on a quarter of network hashrate
Doesn't it mine Zephyr and trade it for Monero?

>>58139129
They mine a bunch of shit and trade it for Monero. They also mine Monero directly.

Stay comfy, bros.

>>58139987
God bless freedom bros

>>58139987
Always.

>>58139060
>The real issue is moneroocean creeping up on a quarter of network hash
rate
they are ranked 31st on the list of pools
nowhere close to getting even a single digit fraction of the overall monero hash rate

>>58138339
Nice. I caught up to you though.

when monero hits $50,000, which country will you migrate to drive your Lambo? It has to be UAE for me personally.

>>58143207
nice hashrate!
but are you running a full node too?

>>58144277
You're too kind, you gave me the spark to autismax. I'm too stupid to figure out how to make wallets sync from my full node, so I run 2 pruned nodes as well. I am still upgrading hardware, but I don't know how to offload it and xmr-market went up like a wet fart.

>>58136843
>And all I gots to do is hodl while the dead droppers pump the price for me.

And if everybody else gets the same idea the economy suffocates. See Bitcoin.

HODLtards get the rope. Spenders get a kiss from Monero-chan.

>>58126224
>>58126256
it's just a retard spouting bullshit
we are not there yet

it's another attacc

>>58138257
>https://www.alor.org/Storage/Library/PDF/Moolfolk%20LB%20-%20great_red_dragon.pdf

>>58145279
are you embezzling cpu cycles and power from your employer like I am?

>>58146204
>embezzling cpu cycles and power from your employer like I am?
based. seize the means of production.

>>58126626
This. It was mentioned by anons that the price may go down this year in some relation to the tether-btc viagra. On the one hand, anons have said xmr is an 18.4K coin. Now the EU just did some weird talmudic law prohibiting xmr, which is technically bullish but may make line go down. My dream is to become unstupid enough to figure out overlap between btc-tether max and xmr min., if such an intent isn't too vulgar.

>>58145591
>>58145591
>>58145591
>>58145591
>>58145591
this

mempool v bloated. Adjust your fees accordingly.

dear mossad: Your temple will be barren, christ is your savior.

>>58146473
Something like that.
>>58146561
>Communist tripe
KYS.

>>58146759
>implying amoral capitalist opportunism is not judaism adjacent

which one of you posted this? I like this.

wagmi

>>58147475

Link?

>>58147502
thats a great pic

>>58147642
>>>/pol/462895762

>>58147192
>judeo-communism
>somehow less jewish than Divine hierarchical meritocracy
Monero is the spear that will pierce the jewish hydra's heart and Jesus Christ will forever be your king, jew lover.

howcome nonkyc isnt in the OP under no-kyc options its super easy and convenient. or are we keeping it secret?

BTC memes are goddamn comedy gold!

>>58146035
Thanks anon I'll check it out

>>58148574
>>58147475
the opinions on crypto there are so bad it seems like some kind of psyop.

>>58151419
pol is 90% bots and glows jerking eachother off. All the smart people left years ago.

>>58148609
>Monero is the spear that will pierce the jewish hydra's heart and Jesus Christ will forever be your king, jew lover.
If you're a Catholic, then you need to leave that false religion and do Teshuvah. Christianity in all forms is idol worship, and is a violation of the 1st and 2nd Commandments. You are worshipping Iesous Christos as not only an Idol, but you're also worshipping him as a Demi-god alongside Hashem, and such disgusting acts of Idolatry will send you to Gehenom forever, and your soul will have no place in the world to come as described in the Tanakh.

>>58152084
say that again without spitting you bignosed freak

>>58152084
>your soul will have no place in the world
But according to (((them))) Goyim (who are not human and have an animalistic Nefesh) will be happy to serve the jew.

>>58147475
>raise militias to guard it
>21st century knights templar
PMC accepting XMR when?
The plan sounds nice, but how would circumventing border control be accomplished with (((digital ID))) and other surveillance measures in place?

>>58148574
>>58147642
>>58147475
that was me and theres no denying the benefits of monero i listed out the advantages of digital currency over physical metal in that thread but having an option to redeem in physical gives more faith in the digital currency even if most people will never do it, you have to have the option to build that trust to get more people to use monero. additionally, having the link between metal and monero allows you a broader access to the economy. you can buy things in silver when the power is out or the seller or buyer doesnt have or is unwilling to use digital payment. then you can use monero for highest convenience. both metal and monero are fungible and untraceable. metal can be melted and recast. i think offering the ability to bank between metal and monero would bring a lot of capital in to the ecosystem especially from people who would normally be crypto averse. the knights templar grew into the most powerful organization of europe because of their banking services. we could do the same

>>58152790
what i meant by border control is suppose you want to leave your country either for travel or as a refugee and you want to bring your wealth over. thats where digital currency shines because all you need is a seed phrase in your head or an app on a phone or computer. if you were traveling with gold coins or silver bars, your money could be taxed or confiscated when going through border controls. they scan you at airports and if you are found with more than $10,000 in america they have the legal ability to confiscate everything under kiked money laundering laws. i know this isnt really a problem for most of us poorfags but its an important aspect and one of the biggest risks and problems with physical metals. so monero could offer an attractive solution to the boomers and metals people if they had it as an option. basically what the knights templar did in the past was let travelers deposit their gold and silver in one castle or location, and were given a secret cryptogram which knights templar in the next country would decipher to know how much money was owed to that bearer. so the travler could travel long distances and be free from the risk of highway bandits or cumbersome stress of safeguarding phsyical coins for the voyage. they could also spend from that in towns and settlements of the templars without picking up their coins because the bank used it like a tab or ledger and just deducted expenses from the deposit the traveler had made previously. they began doing this for pilgrims to the holy land and discovered there was high demand for the convenience of banking and soon branched through all of europe to become the most powerful organization in the world.

>>58152947
>travelers deposit their gold and silver in one castle or location, and were given a secret cryptogram which knights templar in the next country would decipher to know how much money was owed to that bearer
Unbelievably based.

Why did Wownero pump the way it did? I would've loved to get a position

>>58148609
based XMR and Christ bro

>>58153084
Probably mostly because memecoins have been pumping as well, but I also think there were a lot of monero holders who swapped into wownero because it just performs better in bull runs.

I'm all for trading precious metals using monero but I don't see how you can have a fixed exchange rate without creating arbitrage opportunities since the value of both monero and precious metals is decided by the market.

>>58153110
>>58148609
Christ is king.
>What else do you wish me to tell you? Shall I tell you of their plundering, their covetousness, their abandonment of the poor, their thefts, their cheating in trade? the whole day long will not be enough to give you an account of these things. But do their festivals have something solemn and great about them? They have shown that these, too, are impure. Listen to the prophets; rather, listen to God and with how strong a statement he turns his back on them: "I have found your festivals hateful, I have thrust them away from myself".
- St. John Chrysostom

>>58153042
yeah their system was unbelievably ahead of their time.

https://knightstemplarorder.org/heritage/templar-banking/

>>58149969
>BTC memes

Is this like GME thread but with BTC and Tether instead of hedgies and shills?

New Monerochan song dropped:

Monerochan - Hidden Gold
https://www.youtube.com/watch?v=7YDJT7uNrt0

is there's any Freemason XMR stackers, i've made a few listings that you might like. Will be posting more in the near future once i have the cash for shipping
https://moneromarket.io/u/The_Maker117/

>>58153500

BTC is the first asset in human history that will literally never stop increasing in value, it is mathematically impossible for BTC to stall.

>>58152909
>>58152947
>>58153110
>>58153308
Take the news, spread it around.
>>58155033
>Freemason
You mean secularized judaism?

>>58156146
based

>>58156152
While you're here, give me a throwaway email so I can stay in contact with you, my friend.

>>58156270
I gave you last time friend
tallylebanon@protonmail.com
still checking my address everyday

>>58156326
>proton.
Reminder to always stay comfy and use PGP.

>>58156354
yes sir

>>58156270
>>>/pol/462995230
in case you lost it
godspeed brother and thank you

>>58156146
>You mean secularized judaism?
potato potato. I don't want to hold onto this stuff.

>>58156326
Well, as per our brief contact, there's a reason why my hand has been more closed as of late, my friend. You really need to learn how to use pgp too.

>>58156564
I'll add it to proton
waiting for your email brother

NEW THREAD: >>58156610
>NEW THREAD: >>58156610
NEW THREAD: >>58156610
>NEW THREAD: >>58156610
NEW THREAD: >>58156610
>NEW THREAD: >>58156610

>>58156596
Just download a pgp frontend and then give your public key to people. Don't trust Proton's default encryption.
https://www.gnupg.org/software/frontends.html

>>58093628
The problem with high serotonin being what exactly?
Side note, Anon's cool mushroom coffee is based on nootropic Lion's Mane and Cordyceps, both high in L-Tryptophan the body can convert into serotonin, which is a perceived benefit to mood and cognitive functioning.
>t. word brained

>>58100063
They (German feds) claim that 20% of the sellers were German. How can they claim to know that with any accuracy?
From a theoretical standpoint TOR should obfuscate that, right? And while it's reasonable to assume many euro sellers would operate from a big, central country with lighthanded traffic legislation and heavy privacy laws I don't see that many of them also having terrible, abysmal opsec.

>>58156760

Probably controlled buys.

>>58156776
Makes perfect sense, thanks, I will think first post later next time.