/biz/ - Business & Finance

[Anonymous No.53712657]

>does nothing for 9 years
>Yeah but two more weeks bro

[Anonymous No.53712670]

>>53712657
Devs dump on you

[Anonymous No.53712711]

>fulfills bitcoin's original goals
>possesses features people believe bitcoin possesses
i don't care about returns. this is pure cryptocurrency and you are not a serious person. let me guess, you view a crypto's success in USD returns?

[Anonymous No.53712774]

>>53712657
>provides anonymous transfers for 9 years
>makes (((OP))) seethe

[Anonymous No.53712781]

>investing in something with zero mainstream appeal which is only used by pedos and crackheads

ah yes good idea

[Anonymous No.53712810]

>>53712781
be-like-bob.jpg

[Anonymous No.53712811]

>>53712781
viewed through the lens of investing within the hegemonic monetary system, you have at least an okay point. however, viewed through the lens of the projects stated goals, you are not even coherent

[Anonymous No.53712818]

>>53712781
>good idea

[Anonymous No.53712828]

>>53712711
>fulfills bitcoin's original goals
Almost nobody uses monero for peer-to-peer cash. The situation is no better now than it was a couple years ago. I don't buy drugs on the dark net so monero is useless to me. Are there any serious communities that have a barter network using monero? Or any cryptocurrency for that matter?

[Anonymous No.53712849]

>>53712828
>Almost nobody uses monero for peer-to-peer cash
Coincards and Cakepay.

[Anonymous No.53712874]

>>53712657

[Anonymous No.53712878]

>>53712828
>Almost nobody uses monero for peer-to-peer cash
you couldn't be more wrong. the majority of monero transactions are for this purpose
>I don't buy drugs on the dark net so monero is useless to me
good for you. criminals wouldn't choose it if it was not a good choice to protect their identity. they were also among the first to adopt pagers and cell phones. originally they used bitcoin as their online mechanism of value transfer, which has proven to be a mistake for well documented reasons. if anything, criminals using monero is an endorsement of its privacy features

[Anonymous No.53712901]

>>53712657
It will moon around April, watch and learn /biz/

[Anonymous No.53712924]

>>53712878
what happens when monero is banned by the government? crypto is on a ticking time bomb until digital currencies are made by the federal reserve

[Anonymous No.53712931]

>>53712849
The goal of monero (or any crypto) is a parallel economy using that currency. Gift card services are just using crypto as an intermediary while things are convenient to do so. When privacy coins get banned (we all know they will never let this shit fly when CBDCs roll out) you aren't going to be able to go on a clearnet website and buy gift cards to home depot or whatever. We need an actual peer-to-peer network of people offering and buying goods and services in monero.

Let's say 5 years from now, CBDCs are out in full force, and they add restrictions (you can't buy more than X amount of beef a month). They ban cash. Who am I going to be able to go to that will be willing to use monero to give me black market beef under the table? THESE are the peer networks that should be getting built, but essentially nothing has happened for a decade, if anything we have regressed.

>>53712878
I'm not debating monero's privacy features, I have full confidence in them. Criminals have been the "first adopters' of cryptocurrency for 12+ years now, when are other people going to catch on?

[Anonymous No.53712950]

>>53712874
>loses huge portion of market share
>this is good bro

[Anonymous No.53713003]

>>53712901
>It will moon around April
Why?

[Anonymous No.53713013]

Why would I care about the market cap?
Monero is meant to be used, not speculated on. Crypto was not made to be an investment.

[Anonymous No.53713016]

>>53712924
all decentralized tech undermines government control. your fear applies to crypto as a whole, not just monero. if you want to accept their absolute authority and not attempt to preserve your financial privacy, go ahead.
>when are other people going to catch on?
i know this is a rhetorical question, but of course nobody can answer that. if it is adopted it is adopted. all we can evaluate are its features, which i feel are pretty great
>>53712950
>only metric is "money line not go up as much as others"
reevaluate why you are interested in crypto in the first place

[Anonymous No.53713022]

> #1:
>>53712828
> (((Almost nobody uses monero for peer-to-peer cash. Are there any serious communities that have a barter network using monero?)))
> #2:
Gets BTFO'd by >>53712849
> #3:
>>53712931
Ignores his BTFO'ing and just keeps ranting on; words word words!

[Anonymous No.53713058]

>>53713016
>>only metric is "money line not go up as much as others"
>reevaluate why you are interested in crypto in the first place
Losing market share is far from moon speak low IQ anon

[Anonymous No.53713072]

>>53713058
making you money is not a stated goal of monero. privacy is a stated goal of monero. market share is not related to monero's goal, high IQ anon

[Anonymous No.53713165]

>>53712931
>When privacy coins get banned
It's more complicated then this. The idea is to have only KYC in the future and prevent anonymous wallets from existing, but these will be trivial to work around like with most regulations governments introduce. I would also argue that Monero wallets are transparent for these regulation with view keys, not that I'd support submitting to KYC, but I don't really see how they wouldn't be allowed under future legislation (this is especially considering Seraphis upgrades on view only wallets being very user friendly). I'd also argue that Bitcoin or Ethereum can be used privately if you know what you are doing, and that privacy is a spectrum that falls back on the knowledge of the user, meaning these blanket bans won't really work on eliminating one crypto currency, but they will affect all of them.
Monero is simply digital cash. Whether it's adoption continues to grow in p2p markets, whether it gets "banned", or whether it turns into a digital swiss bank for regulated "approved" cryptocurrency, I don't really think it matters. It will continue to exist and be worked and developed.
Your entire premise is that Monero (and other cryptocurrencies" will all get banned and I will have to eat the bugs. Well yes, if that happens Monero is probably completely useless. I think you are exagerrating your worldview greatly, however.
>>53713058
no, it's cherrypicked moonspeak.
Funny enough, that image you posted was before Monero bubbled in 2017, meaning if you had bought Monero at that point you would have probably made a lot.

[Anonymous No.53713178]

>>53713022
It's called Pilpul: https://archive.is/nIdXE

The jew is by his nature and by his culture a "bullshitting debater". Every conversation with a jew is a "debate" and the jew always tries to get the upper hand and the last word using jewy rhetorical tricks. It's called pilpul, and was originally invented by the jews for "interpreting" the Talmud and the Talmudic laws. It was extended to laws in general, and is why the jews argue over semantics when dealing with legal stuff. And they then extended it into every day conversations. Pilpul is the "jewish intelligence" they boast about. It's not intelligence, it's simply manipulative rhetoric-based cunning. Thus we have jews on 4chan using these kinds of tactics. Or they go for ad hom personal attacks, use logical fallacies like straw men, etc. Speaking of the rhetorical, you might notice the jews ask a lot of rhetorical questions. This they often to in the opening or closing sentences. These "questions" are intended to make the jew appear persuasive.

Another tactic the jews often use when speaking to non-jews is Chutzpah.

[Anonymous No.53713206]

>>53713003
Tax evasion lol

[Anonymous No.53713382]

[Anonymous No.53713466]

>>53712781

Exelent idea.

[Anonymous No.53713524]

>>53713382
Crypto makes the jews seethe and no crypto makes them seethe as much as Monero does.

Fiat/CBDCs = left vs right political paradigm, Abrahamic religions
Bitcoin/ETH/etc = not voting, atheism with a small a
Monero = Natsoc / blood & soil tribalism, Paganism

[Anonymous No.53713543]

>>53713524

[Anonymous No.53713554]

>>53713543

[Anonymous No.53713725]

>>53712828
This laptop I'm posting from was bought from my friend and part of my payment was in Monero, I drank a cup of coffee this morning, beans were bought with Monero, I have a hammock on my deck I bought with Monero like 2 years ago.

just to name a few

[Anonymous No.53714079]

>>53712878
>criminals wouldn't choose it if it was not a good choice to protect their identity
Come on anon. I support XMR but this is pure copium. I know criminals have an incentive to protect their privacy, and some can be intelligent, but how many drug dealers understand cryptography well enough that their "endorsement" of XMR should be seen as remotely authoritative? Pedro the MS13 member read the whitepaper while wearing Jorge's skin, and he's certain the NSA will never crack ring signatures.

[Anonymous No.53714109]

>>53713165
Crypto being banned is bullish for privacy coins as long as there is some utility other than buying drugs. A darknet market that only sells legal goods for example.

[Anonymous No.53714529]

>>53714109
moneromarket.io
no need for darknet if it's legal goods.

[Anonymous No.53715132]

>>53714529
Most of that stuff is probably stolen so I think you would want it to be darknet

[Anonymous No.53715150]

>>53712657
>Yeah but two more weeks bro
Nobody gives a shit about the price going up, monero is functional as electronic cash, nothing else can say that.
>>53712670
There was no dev premine.

[Anonymous No.53715158]

>>53712924
>crypto is on a ticking time bomb until digital currencies are made by the federal reserve
bitcoin certainly wont be surviving.

[Anonymous No.53715168]

>>53712931
>when are other people going to catch on?
not for a long time you fucking moonfag.

[Anonymous No.53715218]

>>53712931
>Gift card services are just using crypto as an intermediary
On the contrary, Monero users are just using gift card services as an intermediary.

>>53714079
>how many drug dealers understand cryptography well enough that their "endorsement" of XMR should be seen as remotely authoritative?
Drug dealers didn't work this out themselves through study. It took years and multiple rounds of natural selection for darknets to reach the current XMR dominant status.

[Anonymous No.53715277]

>>53715218
>It took years and multiple rounds of natural selection for darknets to reach the current XMR dominant status.
It's been a while since I was actively following the DNM world but AFAIK nobody has been caught through tracing blockchain transactions. Everybody who was caught was caught by poor opsec practices or the market itself being compromised (usually by undercover agents or security vulnerabilities). XMR's dominance is almost certainly because people have heard of it and head that it is more secure than BTC. Market uptake was based on customers and vendors preference for markets that had XMR, and that preference was based on hearsay. The origin of the hearsay is probably people who have some understanding of cryptography talking about it on places like Dread, but I doubt the average DNM user knows why XMR is better.

[Anonymous No.53715372]

>>53715277
Believe what you want. There have been busts based on blockchain analysis. Also vendors and users have often gone to lengths like tumbling bitcoins or making cash trades for BTC. XMR reduces hassle and risk, it's not surprising people wanted it.

[Anonymous No.53715427]

>>53712828
>I don't buy drugs on the dark net
This is the biggest thing about all crypto. I hate drugs. I'm never buying them. Monero at least is not as inflated as bitcoin so it is still viable to use as a cash substitute. So far I only use it in private programming forums to exchange tools and specialized info.


If there was something like etsy that took monero, I think it would honestly skyrocket. It's not hard to make either. Hell, I would do it myself. I've worked on the backend of major commerce sites before. I know how to do GRC, organize a security team, manage a major project like that. But I don't know what the IRS thinks about monero. I'm sure there are other developers like me, but are uncertain if the legal risk is worth pulling the trigger.

[Anonymous No.53715650]

>>53715132
Most of the stuff on craigslist is stolen and nobody gives a fuck.

[Anonymous No.53716547]

At least 0xMonero pumps every now and then.

[Anonymous No.53716667]

>>53712781
-joe on bitcoin, 2011

[Anonymous No.53716745]

>>53712828
>Almost nobody uses monero for peer-to-peer cash.
Because normies don't care about privacy, that's why.

He's right. XMR is more what Satoshi visioned that BTC would be, than how it turned out.

[Anonymous No.53716747]

>>53712924
>what happens when monero is banned by the government?
Ever heard of Bisq and/or atmoic swaps nigguh?

[Anonymous No.53716823]

>>53712810
Bob was based.

[Anonymous No.53716837]

>>53715277
Even if you were right about nobody being busted through chainanalysis (you're not), there are still plenty of people with worthless tainted bitcoins because of it.

[Anonymous No.53717082]

>>53715372
Not just XMR but also the likes of ZEC and RAIL as they are privacy focused.

[Anonymous No.53717132]

>>53712924
for a successful ban on monero every single jurisdiction on this rock would have to agree on the ban. do you think that will ever happen?

[Anonymous No.53718073]

>>53717082
No one wants those. Go away you dumb nigger.

[Anonymous No.53718110]

>>53717132
>every single jurisdiction on this rock would have to agree on the ban
The threat here isn't that all jurisdictions simultaneously agree, it's that the criminal cabal at the top of the global hierarchy successfully engineers a pandemic/climate catastrophe/alien invasion that "warrants" them installing themselves as the global government. Then, it doesn't matter what Vanuatu or any other nation decides.

[Anonymous No.53718376]

I park my profits into Monero because it's stable and safe. It's not a shitcoin, you degen pajeet.

[Anonymous No.53718537]

>>53713178
Great image

[Anonymous No.53718582]

i bought so its about to bullrun bigly

[Anonymous No.53718623]

>>53712657
Because there is no real need for decentralized crypto yet, except for buying drugs (for which Monero is already the king). When there is a need (when the NWO is in effect), Monero will really shine.

[Anonymous No.53718666]

>>53716667
>DUDE MONERO IS TOTALLY LIKE BITCOIN BRO
Shut the fuck up retard, monero has been an OG altcoin and has been on the market for 9 years while never going above $400

[Anonymous No.53720585]

>>53712828
>Almost nobody uses monero for peer-to-peer cash
Kek, That's what people actually use it for, the privacy is very attractive to even normies.

[Anonymous No.53720607]

>>53712657
Shit buy/sell too; moneromarket is completely empty of buyers

[Anonymous No.53720672]

>>53718666
XMR's ATH was over $500 on Binance, however

[Anonymous No.53720702]

>>53715150
>There was no dev premine.
So naive

[Anonymous No.53720725]

>>53720702
>so naive
Awwwww did I hurt your fee fees?

[Anonymous No.53720853]

>>53720725
Must be a monero dev then

[Anonyɱous No.53720961]

>>53712931
>when are other people going to catch on?
Soon, soon enough.
https://files.catbox.moe/rivky4.webm

[Anonymous No.53720991]

>>53720702
bytecoin died

[Anonyɱous No.53721051]

>>53720702
https://bitcointalk.org/index.php?topic=563821.0

[Anonymous No.53721253]

>>53712781
>is only used by pedos and crackheads
Yeah, brilliant idea, let's just ignore a trillion dollar market.

[Anonymous No.53722214]

>>53718110
if that happens there is nothing anyone can do. if anything monero is a signal to those people you talk about that regular people won't go down quietly.

[Anonymous No.53722303]

>>53713178
Ah yes the Jews invented lying. You guys make me laugh.

[Anonymous No.53722478]

>Dev premine
>Inflation bug
XMR's code is open source.

>Only crackheads and criminals use it
BTC in 2012

>It's been crabbing for 9 years
You're supposed to buy coins BEFORE they pump.

[Anonymous No.53722487]

>>53712657
I pay hookers in Monero or cash.

[Anonymous No.53722601]

>>53712657
but outperforms bitcoin on nearly every timeframe, lol

fag.

[Anonymous No.53722623]

Skainet looks revolutionary

[Anonymous No.53722649]

>>53718666
monero performed exactly like bitcoin, sometimes better. admit, you have just no money left to get a bag and hope your 0.121 btc will make you rich

it wont, faggot

[Anonymous No.53722829]

>satoshi was smart enough to create alternate money
>smart enough to remain anonymous
>not smart enough to keep everyone anonymous and private
monero is the real bitcoin

[Anonymous No.53723175]

>>53712781
>>investing in something with zero mainstream appeal which is only used by pedos and crackheads

Literally BTC pre-2015. And you would kill your mother to buy some then.