Monero

[Anonymous No.3377444]

What's the point of having a coin based on privacy if you need to use exchanges to buy it? They can just turn over all your trading info to your government anyway.

I'm aware decentralized exchanges exist, and you can do the localbitcoin style thing where you use cash, but volume and supply with any of those methods is ridiculously low.

The tech is obviously amazing, but I'm really disappointed how difficult it is to utilize the privacy in the first place. Would be great if more could be done about making it easier to get your hands on monero without telling the world you're doing so.

[Anonymous No.3377489]

>>3377444
this website was recently created:
https://localmonero.co/

[Anonymous No.3377501]

>>3377444
wallet-less, decentralized exchanges in 2018

[Anonymous No.3377511]

Even if they know that you obtained Moneroj, nobody will ever know what you have done with said Moneroj.

[Anonymous No.3377542]

>>3377444
Nice dub dub trips.

-Buy moneroj on exchange
-send moneroj to (your own full node!) Wallet
-send the money to other (own full node!) Wallets with a high ringCT
-spend anonymously

No one will know where the monero that you bought went

[Anonymous No.3377630]

>>3377511
>>3377542
I get that guys, I really do, but the exchanges, and by extension any government they're cooperating with knows you've been buying monero. Considering how useful monero is for the kinds of activities governments don't approve of, whether that's tax evasion or drugs or whatever, it's really not something I want anyone to know. The mere act of anyone knowing you're trading monero is a smoking gun that you've got something to hide in a world where it's private and everything else is mostly wholly transparent.

[Anonymous No.3377723]

There's no reason to buy one of these private currencies except to commit crime. Monero will be the first banned crypto.

[Anonymous No.3377753]

>>3377630
That's why people need to use things like monero out of principle.
The same accounts for Tor / VPNs etc.
I sometimes surf the web via Tor just to make my little bit of a statement against government surveillance

[Anonymous No.3377768]

>>3377630
>The mere act of anyone knowing you're trading monero is a smoking gun that you've got something to hide in a world where it's private and everything else is mostly wholly transparent.

This "privacy = child molester druglord" argument has been responded to a million times already.

[Anonymous No.3377774]

>>3377768
I'm not the one that needs convincing, it's my goverments.

[Anonymous No.3377778]

>>3377723
That will be the reasoning governments will tell the public when they ban it. And the public will eat the
>muh terrorism funding
Bullshit.

There are literally 1000 other reasons why people prefer keeping their finance private.

[Anonymous No.3377817]

Just wanted to say that the way you come across in this thread is refreshing. The issues in which you raised and are concerned about are all being worked on right now. The development team will bring forward solutions in the near future but it will take time because it needs to be done right the first time - unlike ETH.

[Anonymous No.3377833]

Cash has a property called fungibility. XMR is literally the only cryptocurrency that also has that property. I don’t have to tell you how much cash I have in my pocket or safe or whatever, and it doesn’t matter where it came from when I use it. The Government could see that I got a paycheck for x amount of dollars, but after that I can use only cash and they know fuck all.

[Anonymous No.3377840]

>>3377774
That argument is not the actual reason government's don't like privacy. They just want absolute control and knowledge of everyone because it gives them more power. Child abuse/terrorism/drugs is merely an excuse to present to the plebs.

[Anonymous No.3377857]

>>3377840
This guy gets it.

[Anonymous No.3377870]

>>3377817
I hope so man, lowering barriers to entry to methods of being able to use monero securely seems to me to be really important.