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File: 859 KB, 1251x1645, Operation Boobarossa - Monero invasion of the darknet markets.jpg [View same] [iqdb] [saucenao] [google]
53444298 No.53444298 [Reply] [Original]

Do Bitcoin maxis have any coherent answer for why Monero flipped Bitcoin on darknet markets?

>> No.53444322

Don't most high profile maxis actually agree that a private currency like Monero is necessary and viable? Takes the heat off Bitcoin and achieves something worthwhile, all without being a scamtoken.

>> No.53444429

>>53444322
>Don't most high profile maxis actually agree that a private currency like Monero is necessary and viable?
Not overall, no. A few "soft" maxis like Peter McCormack and Peter Todd will say nice things about Monero, but the majority call it a shitcoin and either ignore the flipping of darknet markets and/or dismiss it by calling the drug dealers brainwashed or idiots, and that the Lightning Network is going to overtake Monero on TOR markets.

>> No.53444493

because customers are simply too stupid and/or lazy to use btc mixers. sellers and markets still swap those xmr on lightning mixers to btc

>> No.53444610
File: 35 KB, 657x527, agew.jpg [View same] [iqdb] [saucenao] [google]
53444610

>>53444298
So crazy that this was the front after 2 months and they could not close it out

>> No.53444618

>>53444493
>because customers are simply too stupid and/or lazy to use btc mixers
Why would they use that instead of just sticking to Monero?

>> No.53444669
File: 455 KB, 1166x515, 1672064573838.png [View same] [iqdb] [saucenao] [google]
53444669

>>53444298
Back to your containment thread. Nobody will buy your shitcoin.

>> No.53444705
File: 48 KB, 2048x1536, blockstream_logo_dark_2048x1536.png [View same] [iqdb] [saucenao] [google]
53444705

>>53444429
>and that the Lightning Network is going to overtake Monero on TOR markets.
But isn't the lightning network just centralized banking for Bitcoin?

https://m.youtube.com/watch?v=UYHFrf5ci_g

>> No.53444723

>>53444618
because xmr is a shitcoin

>> No.53444772

>>53444723
>because xmr is a shitcoin
What does it say about Bitcoin if a shitcoin is capable of dethroning it on darknet markets?

>> No.53445604
File: 2.85 MB, 3840x2160, 1659611517865109.png [View same] [iqdb] [saucenao] [google]
53445604

>>53444669
You will never be a real darknet market currency.

>> No.53445628

>>53444772
It says that BTC is a superior hold in general, but that said shitcoin has a valuable, albeit limited use-case.

>> No.53445760

>>53444772
There can only be one pow. xmr is just a way to get more btc without having to run 100Ks worth of hardware. There is always going to be more demand to swap xmr to btc than vise versa

>> No.53445884

>>53445760
Nothing you posted has anything to do with the question.

>> No.53445911

>>53445884
it does say everything. And your question about xmr being used on certain market places, at least on the public facing side was answered above; customers and certain sellers are retards and lazy fuck ups that have often lead to a lot of costs. xmr is a way to mitigate those costs and risks, to secure the btc generated by the market place

>> No.53445946

>>53444298
XMR is for spending, BTC is for stacking. You'll never get rich bagholding XMR.

>> No.53445957

tfw no smart contract so no xmr schizo stablecoin
tfw oxen is too busy building private anal bead software to actually make something that would bring value to coin
I just want to buy drugs at a fair market price with quick settlement and low slippage is that really too much to ask

>> No.53446075

>>53445911
>to secure the btc generated by the market place
And why would someone want a currency that no one is actually wanting to use as a currency?

>> No.53446169

>>53446075
Are you joking or just braindead?

>> No.53446328

>>53444298
> unlimited supply coin
If you’re holding XMR, you’re a retard. The only use for XMR is converting into it to buy stuff. Or if you’re selling to receive payment and convert into btc immediately.

>> No.53446449

>>53446328
Bitcoin maxis are in this weird bubble where they have to re-write thousands of years of economic history and paint everyone who's ever held gold as a retard because it's supply is functionally infinite and it's had nonstop emissions for 5000+ years and no end in sight.

>> No.53446717
File: 13 KB, 320x320, 1870f6c9d22989c52ae40e56ceb66dfe92d61f1b4010a200e71870297ffcf94f_3.jpg [View same] [iqdb] [saucenao] [google]
53446717

>>53445946
I'm not bagholding XMR to get rich. I'm bagholding XMR as insurance against tyranny, as a means of keeping my privacy in a world that's quickly adopting a nightmarish technocratic neo-feudal system. The writing is on the wall fellas.

>> No.53447102

>>53446717
True words plus divorce rape.

>> No.53447168

>>53444429
Well, don't get wound up over people like Saifedean. Ultimately the "everything not Bitcoin is a shitcoin" people have a lot in common with the "everything not Monero is a shitcoin" people. I hold both, they're both the only worthwhile coins.

>> No.53447226

>>53447168
If Bitcoin changed its name tomorrow, would you still hold it?

>> No.53447260

>>53447226
The whole point of Bitcoin is that it doesn't change, that I can count on it being just as much of a boomercoin in 10 years as it is today.

>> No.53447356

>>53447260
Okay
Hypothetically, if it changed names, would you still hold it?
The answer should tell you whether you should continue to hold or not.

>> No.53447392

>>53444322
>Don't most high profile maxis actually agree that a private currency like Monero is necessary and viable?
no
most btc maxis say btc can do everything, btc is the best crypto and everything else is shitcoin with no use case
they don't want to talk about how they lost in dnm, they just say in the future there will be a layer on top of other layers that will somehow achieve privacy
and they will tell about how you can use a mixer or something
and they try to change the subject trying to confuse people talking about fixed supply and 21million meme
they avoid talking about fungibility also, they literally don't know what to do

>> No.53447462

>>53444298
Monero is owned by China

>> No.53447484

>>53447356
The "what if x" fallacy isn't an argument, it only demonstrates you can come up with retarded scenarios that will never happen.
It exists to not change, it has the biggest network effect, I know it'll be around largely unchanged decades from now, and that it outperforms 99.9% of alts in the long run.
I like Monero, I hold a decent amount, but I see no point in reeing about pulling Bitcoin down from its La-Z-Boy like every other shitcoin project does.

>> No.53447508

>>53447484
You hold Bitcoin because of the name, nothing else

>> No.53447562

>>53447508
No, I hold it because it's #1, it's the most well known, has the most security, the greatest number of nodes, it doesn't really change, and destroys pretty much all alts in the long run.
But instead of debating about that you keep engaging in false assumptions and hypotheses contrary to fact.

>> No.53447570

>>53447562
>No, I hold it because it's #1, it's the most well known
Point proven

>> No.53447614

>>53447570
You know, retards like you are the reason Bitcoin maxis call Monero a shitcoin. It's just like XRP or LINK autists, who hyer-fixate on their theory of how the world should be, and are unable to deviate from that theory under any circumstance.

>> No.53447632

>>53447570
And yes, being #1 is worth a lot. In addition to the other points I mentioned.

>> No.53447642

>>53447614
CBDCs will make Bitcoin obsolete, Monero will become the defacto antithesis to CBDCs
Enjoy your bags bro, you had 9 years

>> No.53447695

>>53447642
Again, you missed the part where I hold Monero. But it makes you seethe that anything except your specifically chosen project could do well.

>> No.53448658

>>53447392
>everything else is shitcoin with no use case
they have a use case, get more btc

>> No.53448752
File: 55 KB, 640x360, 9ba7d3e3-f1e8-4600-be11-5486083ec799.png [View same] [iqdb] [saucenao] [google]
53448752

>>53444705
>5 hours later
>No response
Is the video too long or something? It's just 9 minutes long and perfectly explains why Bitcoin's lightning network is a bad idea to trust.

>> No.53448777

>>53446169
>>53446075
Just get a room, already.

>> No.53448795

>>53448752
Everyone agrees with you just some without realizing it. No one who advocates for btc anymore actually uses the technology and thats their way of saying Lightning is shit. L2’s are the dumbest and worst idea ever.
>These ultra secure L1’s arent centralized enough lets release web2 all over again for faster transactions

>> No.53448833

>>53445604
Been there, done that.

>> No.53449078

>>53444298
I'm a maxi and don't mind monero and think it is well suited for use in things like the darknet markets. I just am more interested in BTC

>> No.53449697

>>53448795
>o one who advocates for btc anymore actually uses the technology and thats their way of saying Lightning is shit.
Thanks for shedding some light on this. I've been out of the Bitcoin scene for a while so I haven't followed how people argue that Bitcoin is the future when it has so many glaring problems. Interesting that they just ignore the issues.

>> No.53450001
File: 870 KB, 1290x1279, NewStandard.png [View same] [iqdb] [saucenao] [google]
53450001

>>53445628
>It says that BTC is a superior hold in general, but that said shitcoin has a valuable, albeit limited use-case

What kind of retarded cope is this? "BTC works great until you actually need to use it under adversarial conditions."

BTC = all hype, no resilience.

>> No.53450076
File: 508 KB, 1200x1600, FEF1O_lXsAEoUQS.jpg [View same] [iqdb] [saucenao] [google]
53450076

>>53446328
>The only use for XMR is converting into it to buy stuff. Or if you’re selling to receive payment and convert into btc immediately.

>Monero is only good for being useful.
>The big brain move is to convert the useful currency to the less useful currency because the more useful something is the less valuable it becomes.

>> No.53450079

>>53444723
The most based coin with a solid use case. You don't want to sleep on privacy protocols in the coming days.

>> No.53450205

>>53447642
It's still pretty early so forget the 9 years. Even at that, there are other well-based privacy protocols with good and improved tech coming up.

>> No.53450263

>>53444493
Why would you even consider to use a coin that requires extra steps to accomplish something that could be done pasively by another coin.
Just think about this. if btc wouldnt have been the first crypto do you think it would be even be mentioned nowdays?
I dont think so, it would be lost and forgotten in a sea of shitcoins.

>> No.53450659

>>53450076
As an analogy, gold isn't all that "useful". It's not very divisible, it's expensive, slow, and was never ideal for daily transactions. But everyone still measured wealth in terms of gold, while converting to silver, copper, or paper for daily life.
Money is meant to be money, it's private, has faster and cheaper transactions. Bitcoin is meant to be a brick of gold sitting in a vault, higher security, it's predictable and easier to audit. They serve different purposes, there doesn't have to be one "winner".

>> No.53450661
File: 289 KB, 1362x833, LNfails2impress.png [View same] [iqdb] [saucenao] [google]
53450661

>>53444493
>sellers and markets still swap those xmr on lightning mixers to btc

Total and utter bullshit. The DNM Bible (supreme darknet OPSEC authority) has been railing against the use of BTC since version 2 was published in 2021, not to mention Lightning is fucking DOA as far as darknet privacy gurus are concerned. Pic related.

TL;DR: its well and truly over for Bitcoin as far as shadow economy markets are concerned, and the knock-on effect will inevitably be felt in clearnet spaces as well, God-tier banking secrecy isn't something only criminals are interested in.

>> No.53450684

>>53450659
*Monero is meant to be money

>> No.53450745

>>53450659
>there doesn't have to be one "winner".
few

>> No.53451155
File: 161 KB, 1920x999, HowAboutNo.png [View same] [iqdb] [saucenao] [google]
53451155

>>53450659
>Bitcoin is meant to be a brick of gold sitting in a vault, higher security, it's predictable and easier to audit

Bitcoin is vulnerable to state capture because its corporate miners, who directly control an ever-growing portion of the global hashrate, (not talking about mining pools here) are operating in enemy territory and are ultimately at the mercy of Uncle Sam & Friends.

If these miners aren't in a position to casually tell OFAC to get fucked whenever necessary, BTC isn't truly censorship resistant, and if BTC isn't truly censorship resistant then its just glorified fiat and essentially worthless to anybody who needs truly censorship resistant currency.

>> No.53451287

>>53450001
Anonymity by default is nice but it is not the be all end all. So that the flaw in your argument that you are stumbling around. A good thing is not always an essential thing. And there are ways to anonymize BTC transactions even then.

>> No.53451529
File: 255 KB, 881x800, Dec2022.png [View same] [iqdb] [saucenao] [google]
53451529

>>53451287
>Anonymity by default is nice but it is not the be all end all.

Its considered a best practice so yeah, its a pretty big deal. Zcash allowing optional privacy has contributed to its abysmal reputation, see pic related.

Monero does things right, which is why it enjoys such a stellar reputation in the wider privacy space. And that directly leads to more and more adoption.


>So that the flaw in your argument that you are stumbling around. A good thing is not always an essential thing.

Familiarize yourself with best practices before you start spouting horseshit.


>And there are ways to anonymize BTC transactions even then.

lol you can't anonymize what is always visible on the blockchain, you can only shuffle shit around or temporarily offload it onto another chain or layer but proper and reliable anonymity requires nothing less than encrypting the base-layer with battle-tested cryptography i.e. what Monero does.

The free market is speaking, can you hear it?

>> No.53451879

L2s are the sign of a blockchain with serious throughput/cost issues. The explosion of Ethereum L2s is similarly bearish. I don't know which ethkiller chain will win, but barring a hardfork, Ethereum itself is toast.

>> No.53451920

>>53451155
To add to this, money has to be fungible to avoid having it confiscated by the state in the event that it was gotten through illegal means, like non-fungible personal property can.
If Bob steals $10 from Alice to trade to Carol for a sandwich, the state can't order Carol to return the $10 to Alice even if Alice can prove that specific bill is hers. If Bob tried to do the same with Alice's holocaust painting, the state can order Carol to return Alice's painting, even if Carol had no idea it was stolen.
Because it's really easy to prove the origins of each coin, it's very easy for the state to seize bitcoin that was obtained illegally, or in 'unapproved' ways. Depending on how you look at it, this could be a good or bad reason to hold bitcoin.

>> No.53452268

>>53444298
You know xmr can be traced if not handled properly right?

>> No.53452355
File: 927 KB, 250x230, 1666458899334597.gif [View same] [iqdb] [saucenao] [google]
53452355

>>53452268
>You know xmr can be traced if not handled properly right?

Yeah? Does the state have a magic wand for conjuring up the addresses and amounts involved?

>> No.53453155

>>53448752
I think it's silly. BTC maxis say lightening network is great for BTC. Which kinda makes them lightening network maxis.
It also goes against everything BTC is suppose to be.

>> No.53453233

>>53444298
Please post the full image of those monero titties

>> No.53453263

>>53444298
BTC is where you store your wealth, then trade some for XMR when you need to buy from DNM.

Simple as.

>> No.53453431

>>53444298
Bogdanov reserve behind Moscow does not look good for monero desu

>> No.53453515

>>53452355
Actually yes you're onto the method. I'm not going to describe exactly

>> No.53453548

>>53452355
my portfolio is 80% XMR, and he is right, if you dont handle it right, you can be traced

>> No.53453623
File: 349 KB, 1000x1800, YlXeve3.png [View same] [iqdb] [saucenao] [google]
53453623

>>53453515
>Actually yes you're onto the method. I'm not going to describe exactly

>I can't specify how exactly they're able to materialize TX data that simply isn't there, just trust me that they can do it, OK?


>>53453548
>my portfolio is 80% XMR, and he is right, if you dont handle it right, you can be traced

lol plz do elaborate, we're all very curious.

>> No.53454885

>>53453623
Fed backdoor built into code. Ask why Monero is not illegal.

>> No.53454913

>>53454885
Prove it. It's open source so it should be easy for you.

>> No.53454929

Monero glows harder than a full moon on a cold October night

>> No.53455234

>>53444298
everyone has been bullposting about XMR for the last couple months, yet BTC is outperforming it

>> No.53455772

>>53454913
I already provided proof, which is evidenced by XMR not being illegal.

>> No.53456104

>>53444429
>Peter Todd
>soft maxi
Lmao you scrub get off your mums computer

>> No.53456278
File: 107 KB, 1086x1074, 1668643820771023.jpg [View same] [iqdb] [saucenao] [google]
53456278

>>53455772
>I already provided proof, which is evidenced by XMR not being illegal.

Brilliant. Guess that means literally every crypto ever created is secretly backdoored.

>> No.53456876

>>53451287
The best way is by employing privacy-focused project, you enjoy anonymity on the go.

>> No.53456915

>>53444493
>too stupid and/or lazy to use btc
>"Sir, that would be 10'000 satoshis for your coffee"
>"Sure hold on, let me set up a coinjoin and wait for other people to join the transaction pool, then wait for the mixing to become strong enough. There, please wait 3 hours to receive your payment, thanks for the coffee bro. Bitcoin and privacy to the moon"

>> No.53456920

>>53455772
Do you still need to prove to any motherfucker why XMR is not illegal?
Apart from XRM, the use of ZKPs has already proved most privacy that uses this technology not illegal

>> No.53457147

>>53444429
Bro every bitcoin maxi i know understands monero, why is its cool and necessary and also why it’s not viable. Only monero autists attack btc. Shut the fuck about monero and buy.

>> No.53457232

>>53454929
I live in southern hemisphere.
Fagbag

>> No.53457504
File: 489 KB, 1080x2400, Screenshot_2023-01-27-11-19-02-281_io.getdelta.android.jpg [View same] [iqdb] [saucenao] [google]
53457504

Just buy both. No one here is intelligent enough to tell which will win. Just buy both fgs

>> No.53457529

>>53445946
True, I’m using Monero regularly, but I’ve NEVER held it in the wallet for more than 24 hours.
I swap to XMR - I purchase the goods - I stop thinking about XMR until the next time I need to use it
No reason to hold a coin that is used for spending only, the upside of XMR is extremely small

>> No.53457722

>>53457529
Apart from XMR, other privacy coins like ZCASH, RAIL & SCRT are better options, at least you can stake to earn rewards, and other incentives

>> No.53457755

>>53457504
Either prescient risk management or braindead holding from 1.5m back to here, which was it?

>> No.53457830

>>53457755
Braindead holding. I did the same in 2017 too except I financed a lambo this time

>> No.53457918

>>53444298
Why dou think XMR will go that survive this, I'm rooting for privacy protocols as a fight against CBDCs

>> No.53457977

>>53457830
Based. I only have half the linkies so will have to settle for a cybertruck.

>> No.53458043

>>53445628
What other use case is there?

>> No.53458068

>>53458043
A secure money system. Again, the flaw in Moneroid arguments is that you weight anonymity as infinitely good, but in reality it is a good that is somewhere between 0 and infinity. It's a you problem.

>> No.53458115

>>53457918
No, privacy is not a fight against CBDCs, but rather, a fight against surveillance and hackers
If you fight the government, they will hunt you down, but if it's for protection of funds and assets, you will win

>> No.53458247

>>53458115
>If you fight the government, they will hunt you down
o no! I dont want to be a bad goy!

>> No.53458659

>>53457918
What a retard, The privacy solutions isn't to fight the government but to prevent many nefarious acts that are made by monitoring users' wallet txs.

>> No.53459123

I like both. I consider BTC and XMR the only "good-faith" crypto. If BTC can't improve privacy meaningfully, I'll probably buy some XMR

>> No.53459193

>>53444298
I'll always pick a private currency over any fucked cex. I love what privacy projects like Monero, ZEC, XMR and RAIL doing.

>> No.53459237

The best part about bad faith BTC maxis, is that they do EVERYTHING THEY CAN do associate XMR with privacy-small-use-case only. The reality is that XMR is a store of value AND digital cash, while BTC is only a store of value.
> muh tail emission
> muh 21m fixed supply
There are NO CONS to holding, using, trading XMR. None. Even the "nations will ban it" fud is getting old. Considering how fucking harsh the EU regulations are already, if they wanted to ban it, they would have done it last year.

>> No.53460933
File: 99 KB, 1920x973, RegulateThis.png [View same] [iqdb] [saucenao] [google]
53460933

>>53459237
>The reality is that XMR is a store of value AND digital cash, while BTC is only a store of value.

What good is a store of value that is inherently vulnerable to TX censorship?

>> No.53460998

>>53458659
Or to protect users communication and private data, unlike the big techs that milk them for money.
hyped on sylo for that reason

>> No.53461182

>>53457918
CBDCs will be dead in a short time, there's no fight there

>> No.53461207

>>53457504
W portfolio, why didn't none of y'all bobros tell me about INJ until now?

>> No.53461245

>>53460998
google, facebook, whatsapp etc all sell our data to highest bidders, isn't it weird how you're talking about something over chat with someone and the next thing you're seeing ads related to that stuff?

>> No.53461497

>>53461207
Don't get caught in the hype

>> No.53461513

>>53461182
I don't even doubt this, it's easily the worst anti crypto idea they could come up with

>> No.53461563
File: 20 KB, 399x322, 1625883184091.jpg [View same] [iqdb] [saucenao] [google]
53461563

>>53461245
This is not new, anyone who still believes in "end to end encryption" is dumb and clueless

>> No.53461705

>>53444298
Bitcoin will always be superior to scamero

>> No.53461724

>>53461513
agree completely

>> No.53461750

>>53461245
This is why we need decentralized social apps with privacy option to get adopted and give the big boys a run for their money

>> No.53463224

>>53459123
The real utility of blockchain is privacy and that's not found in BTC. Monero does it better. There's even improved privacy tech with the use of ZKPs but anons are fading.

>> No.53463320

>>53461750
Adoption is coming faster with tech like ZKPs.

>> No.53464759 [DELETED] 

>>53463224
But i will always push positively towards a privacy protocol that uses ZKPs and relayer. That's a top notch.

>> No.53465141

>>53450661
retard

>> No.53465164

>>53461705
No doubt but I'm so curious about decentralised identity protocol, to manage all my wallets from a single point, using just one password

>> No.53466090

PRIVACY PROJECT IS A SCAM

>> No.53466126

>>53466090
Only normies thinks that privacy is a scam, it's just a matter of time Privacy and security protocols will be a big deal no jeets can ignore.

>> No.53466149

>>53444298
Didn't they lose this war

>> No.53466892

>>53463224
>The real utility of blockchain is privacy
Not at all and never has been.

The real utility is regulatory arbitrage and disintermediation, you don't necessarily need privacy for that.

>> No.53468761
File: 270 KB, 1191x710, CashOrMoneroOnly.jpg [View same] [iqdb] [saucenao] [google]
53468761

>> No.53468872

>>53466090
What the hell are you talking about?
Since when did securing one's asset from public access became a scam?
How will you feel if your bank balance is viewable by anyone at anytime they wish to?
Only low thinking faggot will utter such words that privacy is scam

>> No.53468910

>>53444298
>Do Bitcoin maxis have any coherent answer for literally any topic
no

>> No.53469860

>>53468910
Kek

>> No.53469956

>>53461750
Privacy and ID protocol are best partners in the fight against prying eyes, ENS and ORE shouldn't be left out when accumulating.

>> No.53470334

>>53461245
Well, that's on web2, the solution to this is already available in web3, projects like Nexera ID, ORE ID and others are already taking this into consideration, by inventing a unified login system for multichain transactions
This will ensure your IDs are single, and no third party will be able to sell your data any longer

>> No.53470354

>>53461563
C'mon, they are some nerds that are yet to wake up to reality, maybe when they finish selling their fucking self to big tech companies

>> No.53470364 [DELETED] 
File: 2 KB, 125x125, 1654951641913.jpg [View same] [iqdb] [saucenao] [google]
53470364

>>53464759
Is relayers a new tech?
It's not very famous like zk-snarks and co.

>> No.53470387

>>53470334
With this development, what happens to already existing web2 tech companies like Meta, IG, & others?

>> No.53470401

>>53466126
It's already happening, faster than expected, with the emergence of crypto regulations, normies will be begging to be a part of privacy, because they might want to overcome high taxation from the governments.

>> No.53470408

>>53461182
It's just a matter of time, centralization can't compete with decentralization

>> No.53470417

>>53470387
Ore is known to onboarding web2 into the web3 space, the top tech companies have the option to migrate to web3 and move on with the trend, or miss out on the show

>> No.53470452

>>53461705
Bitcoin is playing its part, and privacy is also playing a unique role in the crypto space.
Are you aware that you can as well shield your btc transactions using privacy protocols?

>> No.53470461

>>53458247
You can choose to be one, anon

>> No.53470498

>>53444298
Yes. Bitcoin is hard money, you stack it, you don't part with it.

>> No.53470508

Can I fuck prostitute with XMR yet?

>> No.53470541

>>53470498
its funny how bitcoin fags pop into pmg threads to shit on gold then turn around and describe bitcoin as being just like gold
>>53470508
probably

>> No.53470634 [DELETED] 

>>53470364
Yea, relayers are new innovative tech, only Railgun uses it for now, other privacy protocols are yet to integrate it into their system

>> No.53472171

>>53456915
desu because there are no apps or programs that do this for the average person you just made the case that we are still early

>> No.53472286

>>53472171
If there are apps, mixing is just too slow for quick transactions.
Someone would have to develop a totally different layer 2 system with ring signitures or some other privacy tool for this to be feasible, and judging by how lightning still has pathetic support from exchanges and the like, I'd say we're way too early for a good privacy solution, probably won't even be developed in our lifetime.

Meanwhile monero provides privacy by default, no layer 2 needed

>> No.53472295

>>53466090
Fuck off dickhead, with privacy security risks are eliminated.

>> No.53472302

>>53463224
>The real utility of blockchain is privacy and that's not found in BTC
Reminder that this is a you problem.

>> No.53472735

>>53470508
How old

>> No.53472836

>>53463224
The actual usecase of blockchain is syncing data between computers that can't trust each other. You don't need to do this privately, but it's probably a good idea to add some encryption scheme to it; there's not much point in going through all the trouble of using a blockchain if literally every other computer, that you also can't trust, can see the data being transacted in pseudoplain text. Syncthing would literally be a better solution at that point

>> No.53472942 [DELETED] 

>>53470634
What the hell is the use of relayers, and how does it function like other shitty tech?

>> No.53472966
File: 362 KB, 1297x1656, 1615525589923.png [View same] [iqdb] [saucenao] [google]
53472966

>>53453233
I love this pedo terrorist coomer coin

>> No.53473688

>>53447508
Not just the name, BTC is an asset, just like gold

>> No.53473713

>>53472942
Relayers is an innovative tech tools that pay gas & submit txns on user's behalf while hiding your transaction addresses.

>> No.53473751

>>53472942
Relayers is an innovative tech tools that pay gas & submit txns on user's behalf while hiding your transaction addresses.

>> No.53473837

lol, the jeetbot is malfunctioning

>> No.53473890

there is benefit in both public and private blockchains. For example I think the government should do all accounting on a public blockchain. This makes it easy to audit and detect corruption. Right now everything is opaque which is not good.
Normies should be using privacy chain for everything.

>> No.53473982
File: 82 KB, 1024x759, kermitsip.jpg [View same] [iqdb] [saucenao] [google]
53473982

>taking darknet markets seriously while bitcoin mining has taken nuclear power plants

I mean yeah XMR will keep growing and toss the shitcoins (link, litecoin, "stables", XRP, cardano) down the well as its marketcap increases like it did to btrash but come on man. How are you going to have your "ancap" money when you haven't ceased the means of electricity? Bitcoin network is a SR71 blackbird while monero is a riced out chopper. ASIC mining is a feature not a flaw.

>> No.53474012
File: 121 KB, 1280x720, 67428763.jpg [View same] [iqdb] [saucenao] [google]
53474012

>>53473982
>>taking darknet markets seriously while bitcoin mining has taken nuclear power plants

lol darknet markets are permissionless, nuclear-powered mining isn't.

>> No.53474137

>>53474012
>resource and talent acquisition is not important
Gold rush was done by explorers and high iq individuals not 1930s mafia. Pursuit of energy is pursuit of wealth. Everything is measured by sats. Monero is not the yardstick.

>> No.53474205
File: 535 KB, 640x640, 1673466335163400.webm [View same] [iqdb] [saucenao] [google]
53474205

>>53474137

Tick tock next OFAC-compliant block.

Or do you seriously believe you can run a nuclear power plant on US soil while also telling Uncle Sam to go fuck himself?

>> No.53474223

>>53444618
you cant audit the supply to see if the devs are exploiting an inflation bug to enrich themselves

>> No.53474239
File: 2.60 MB, 576x850, 1653013582118.webm [View same] [iqdb] [saucenao] [google]
53474239

>>53474223
>you cant audit the supply to see if the devs are exploiting an inflation bug to enrich themselves

Holy shit, it takes literally 20 seconds of Googling to establish otherwise.

https://moneroinfodump.neocities.org/#MuhInflationBug
https://moneroinfodump.neocities.org/#MuhInflationBug
https://moneroinfodump.neocities.org/#MuhInflationBug
https://moneroinfodump.neocities.org/#MuhInflationBug
https://moneroinfodump.neocities.org/#MuhInflationBug

>> No.53475052

>>53473982
I guess the real question is at what price will it be cheaper to buy a bunch of ryzen 3700x-s to mine monero instead of antminers to mine bitcoin and pay cuck taxes to boot

>> No.53475418

>>53475052
MC=MR. If someone can spend $99.99 to mine $100 of XMR, then they will, and difficulty will adjust to reflect that. So there isn't a specific price.

>> No.53475649

>>53470508
>Can I fuck prostitute with XMR yet?
For years. At least in NYC I've seen pros who accept XMR

>> No.53476300
File: 90 KB, 552x598, Screenshot_20230128-174539.png [View same] [iqdb] [saucenao] [google]
53476300

>>53444298
this site is super protective of bitcoin. go figure.