/XMR/ Monero General

[Anonymous No.56943067]

Welcome to the Monero General, dedicated to the discussion of the world's leading decentralized P2P privacy cryptocurrency!

Monero is secure, low-fee, and fungible, meaning users can send XMR around the globe despite corrupt governments or broken financial systems. Innovative privacy features such as Ring Signatures, Stealth Addresses, and Ring CT ensure that Monero's blockchain is obfuscated -- In other words, the financial history of all Monero users is encrypted from the prying eyes of adversaries on a public blockchain, with transactions being visible only by a user willingly providing a view key.

Monero has also improved upon the scaling downsides of current popular cryptocurrencies. To avoid high fees, dynamic block size ensures that the size of the blocks will increase as the amount of transactions increases. Further, the mining network algorithm RandomX establishes that anybody with a CPU can participate in mining, preventing the ASIC miner domination that creates a high barrier to entry. Lastly, the mining network will be preserved by Tail Emission -- instead of the block reward falling to zero like with Bitcoin, the block reward gradually approached 0.6 XMR in June 2022, where it will forever stay. This constant linear inflation means the inflation rate will asymptotically go to zero while continuing to provide an incentive to miners to maintain the network.

If you still have questions, feel free to ask and a MoneroChad will be with you shortly.

XMR Redpill: https://yewtu.be/watch?v=wq6w03E2DS4

XMR Stats: moneroj.net

USE Monero: https://cryptwerk.com/pay-with/xmr/

OFFICIAL WEBSITE - getmonero.org

WHERE TO GET MONERO?

>KYC:
Kraken
Binance
Bitfinex

>Non KYC:
LocalMonero
Morphtoken
Bisq
Tradeogre
Crypto ATMs
see: kycnot.me

>Mining
archive.is/TWOah

HOW TO STORE MONERO?

>Desktop
Official Gui/Cli
Feather

>Mobile
IOS: Cakewallet
Android: Monerujo

[Anonymous No.56943074]

PREVIOUS THREAD: >>56903772

[Anonymous No.56943081]

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

[Anonymous No.56943090]

*****/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

[Anonymous No.56943095]

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/services

>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 darknet escrow service
https://pastebin.com/raw/7DW8hSgk

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


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 #
>Hectate Market #
>Mercury Market #
>Pygmalion's Refuge
>Retro Market
>Smackers
>Sonanza Market #
>Squid Market
>SuperMarket #
>Tribe Seuss
>Wizard's Palace #
>World Trade Center #
Links: https://pastebin.com/raw/fknwLx6q


>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? Donate to the Monero General Fund or MAGIC Monero Fund
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/

[Anonymous No.56943106]

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.

[Anonymous No.56943111]

>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

[Anonymous No.56944221]

it's over

[Anonymous No.56944262]

>>56943067
- dude it's called cryptoXMR,yeah, it's going to change the world, dude.
-nation states can't control it, it can't be manipulated, it's your freedom, friend.
-it's the perfect store of value, bro, it's a hedge against inflation, trust me on this one, okay.
-Brother this is a once in a century event, maybe rarer, it's a total reform of the global economic system, it's like the real estate boom x1000, brother.
- no nation state can stop it, when the collapse comes the USA will balkanize, and people will sell their souls to get a satoshi in return, brother.
- Let me tell you about alt-coins, brother.
- It's p2p digital gold which means peer to peer, did you know it bro?
- Tokenized master books, unbreakable encryption, totally secure.
- Yes brother, there are a lot of non-digital currency uses, that's what alt-coins are about.
- Everyone needs to be monetized, don't ask me why brother, I buy them you should too!
- everything will be tokenized bro, it's not just a database.
- when everything is tokenized everything will be monetized brother.

[Anonymous No.56944485]

>>56943067
>Jstark
neat I thought I opened /3dp/ there for a second

[Anonymous No.56944917]

>>56944221
i know right?

[Anonymous No.56945108]

https://www.youtube.com/watch?v=EZBaI241EGg

[Anonymous No.56945161]

So what happened in the aftermath of the community fund hack? Who did it? Why? Did the post-mortem analysis indicate any weaknesses in Monero's privacy?

[Anonymous No.56945202]

>>56945161
Strangest thing is someone recently donated the hacked amount to the General Fund. Either a general Monerochan enthusiast, or the thief decided to return it. Unclear.

[Anonymous No.56945308]

>>56945161
>So what happened in the aftermath of the community fund hack?

Thief got away with it. Fluffy resigned from Core Team. CCS wallet out of commission. Funds reimbursed, likely by a benevolent whale.


>Who did it?

A mystery for the ages.


>Did the post-mortem analysis indicate any weaknesses in Monero's privacy?

Nope. And the more detailed analysis was only possible because crucial TX data was voluntarily shared.

[Anonymous No.56945466]

>>56944221
>>56944917
Monero isn't for holding or making profit off of.

[Anonymous No.56945866]

>>56945466

Read between the lines, dipshit. By not hoarding Monero and regularly spending it instead the Monero economy keeps expanding, Monero's real-world network effect only grows stronger.

Conversely, by being hoarded and rarely, if ever, spent, the Bitcoin economy keeps contracting, its real-world network effect only gets weaker.

The key to ultimate victory is economic relevance. Bitfags can continue trading an increasingly useless ponzi token back and forth only so many times before the market realizes Bitcoin is no better than a generic dog meme.

So yeah, keep encouraging Bitfags to HODL and never spend, they're too retarded to realize the harm that does to their economy. To that end, we need to keep amplifying the investment and SoV narratives, whatever reduces Bitcoin spending benefits Monero.

[Anonymous No.56946683]

>>56945866

Reverse psych warfare? Sign me up!

This is actually a brilliant strategy because they'll never see it coming, HODL has become such an entrenched narrative that further amplifying it will seem thoroughly organic. Just gotta keep emphasizing the generational wealth narrative, that should minimize the temptation to spend. We want them all thinking "I ain't going to be the next 10K BTC pizza guy."

[Anonymous No.56947008]

>>56943067
bump for J man

[Anonymous No.56948152]

[Anonymous No.56948282]

>>56945466
It's not for anything besides larping.

[Anonymous No.56948367]

>>56945866
If XMR are sold for USD by sellers just as fast as USD are sold for XMR by buyers, the net effect on price is zero. The only thing raising velocity accomplishes is making the price harder to move, both up or down.

That's arguably a good thing, as is having real markets. But saving (i.e., hoarding) is a legitimate use-case and one necessary to increase the value of the Monero economy. That doesn't mean saving for eternity, eventually everyone spends their wealth, but the lower your time preference, the greater the projects you can invest in.

[Anonymous No.56948926]

>>56948367
>If XMR are sold for USD by sellers just as fast as USD are sold for XMR by buyers

That isn't a circular economy, which is what we're ultimately aiming for here. A truly 'circular' economy = merchants never need to sell back to fiat and simply reuse the XMR instead, rinse & repeat. So over time there is always more and more XMR being locked up in the growing economy and less and less XMR being put back on sale. Decreasing supply + increasing demand = organic NGU.

>But saving (i.e., hoarding) is a legitimate use-case and one necessary to increase the value of the Monero economy.

lolwut? hoarding i.e. not spending on goods & services is obviously detrimental to the growth of an economy, how do you expect to attract and sustain merchant adoption without regular spending? Hypothetically, if 100% of the XMR supply was being hoarded, how valuable would the Monero economy be?

>That doesn't mean saving for eternity, eventually everyone spends their wealth, but the lower your time preference, the greater the projects you can invest in.

Yeah, in the face of growing competition that kind of "deferred spending" approach puts you on the fast track to economic irrelevance. The reason why XMR is now starting to overtake BTC in clearnet sales is because we spend our coins generously while those HODLtards don't, they think they can just sit on their stacks and scarcity alone will pump them to the moon.

Scarcity without utility gets you *nothing* in the long run. So fuck hoarding, the proper, productive way to increase XMR scarcity it is to lock it up in a growing circular economy. Everything else is just bullshit NGU memes.

[Anonymous No.56949386]

>>56948926
>tried to build a bag of xmr
>i kept spending it
>mfw

keep it going boys. thinking of opening an xmr only online store but dont know what to sell.

[Anonymous No.56949657]

when are we goung to have an /xmr/ meet up?

[Anonymous No.56949663]

>>56949386
>>i kept spending it

Unfathomably based.

>thinking of opening an xmr only online store but dont know what to sell.

good opportunity to poll the community on what it wants. I'll start:

>no-KYC gold/silver bullion.
>more giftcards
>de-Googled smart devices
>concierge services
>books, movies, CDs, games

[Anonymous No.56949684]

>>56943081
Mining is literally not profitable in my country. $0.10 a kwh

[Anonymous No.56949685]

>>56949657
>when are we goung to have an /xmr/ meet up?

Next Thursday.

[Anonymous No.56949722]

>>56949684
>Mining is literally not profitable in my country. $0.10 a kwh

Nobody mines XMR for profit anymore.

[Anonymous No.56949846]

>>56945202
weave of faith confirmed to be restored

[Anonymous No.56949925]

>>56948926
A circular economy, in which no one is exchanging their Monero back for USD or other currencies, implies everyone is saving in Monero (hoarding, causing NGU), given that saving is required to buy a house, a car, creation of businesses, etc. All current saving are just future spending. I did not say that current utility isn't important, but saving isn't antithetical to Monero either.

[Anonymous No.56950384]

Why do all you Monero chuds talk like Keynesians?
> muh saving ("hoarding") bad
lmao

[Anonymous No.56950399]

>>56949684
I remember when bitcoin was unprofitable to mine kek fucking short sighted 3rd world nigger

[Anonymous No.56950621]

It's for reasons like this that I don't think Monero can succeed:

https://www.reddit.com/r/Monero/comments/18462oa/monerosilvercom_is_shutting_down/

https://monerometals.io/posts/post-10-monerosilver_monerometals_shutting_down.html

[Anonymous No.56950704]

>>56949925
>saving isn't antithetical to Monero either.

As long as its not inhibiting regular spending. Spend & replace ideally.

[Anonymous No.56950712]

>>56950384

Keep stackin them sats! And remember to HODL!

[Anonymous No.56950748]

>>56950621
>It's for reasons like this that I don't think Monero can succeed:
>
>https://www.reddit.com/r/Monero/comments/18462oa/monerosilvercom_is_shutting_down/
>
>https://monerometals.io/posts/post-10-monerosilver_monerometals_shutting_down.html

No, that's just what happens when you try to run what should be a darknet business on the clearnet.

Had he done things right from day 1 he'd still be in business and raking in the profits.

[Anonymous No.56950851]

>>56950712
No worries anon, I definitely am doing that.

[Anonymous No.56950907]

>>56950712
Its just a consequence of basic economics, the Monero team does it with their various crowd funding and donation systems. Every time small amounts of Monero are accumulated together for a greater purpose, e.g., saving to hire a developer, that removal from the circulating supply increases the price of Monero. The more you remove for longer, the greater the projects you can fund, and the greater the price impact. It all eventually gets spent back into the economy, but ultimately "HODL" is just deferred spending.

[Anonymous No.56950932]

>>56950704
And depends on what you're inhibiting. The creation of more plastic Chinese crap and garbage food? I'm happy to inhibit that and the idea that the economy HAS to grow 2% every year. But inhibiting the creation of quality goods that last generations? That I want to incentivize, which fiat disincentivizes.

[Anonymous No.56951682]

>>56944221
We're so back

[Anonymous No.56951763]

>>56949684
>Things you wont read in this general
Most monero is mined by malware and botnets now. Also, no one cares, not even the project's lead maintainer, who just quit.
>Things you will read
Every other privacy coin is a scam, even if it's actually profitable to mine. Don't ever ever use anything besides Monero because monero is the best. Price doesn't matter. Tech doesn't matter. Growth doesn't matter. 'Hey check out this neat png I made of some anime waifu'

[Anonymous No.56952209]

>>56951763
so you say monero is larp but other coins are a scam

[Anonymous No.56952889]

Reminder that moonfags get the rope.

[Anonymous No.56952913]

>>56951763
>the project's lead maintainer, who just quit.
retarded fud

you should just quit from xmr generals instead. better yet, rope yourself to quit the IRL.

[Anonymous No.56952996]

>>56950748
sounds like he was just too naive. many dont understand how closely they are watched by the gubmint

[Anonymous No.56953128]

What's the best way to mine for the health of the network? Solo, P2pool or another way? using what machines? I don't aim to get rich or anything, just to contribute to the network and be able to say to my kids that I mined Monero "back then".

[veil-project No.56953276]

>>56945161
someone in community replenished dev fund in xmr. probably the “hacker”. good sign imo

[veil-project No.56953288]

>>56952913
obvs clown fud is good

[Anonymous No.56953582]

>>56950907
>It all eventually gets spent back into the economy, but ultimately "HODL" is just deferred spending.

"Eventually" doesn't help when you're trying to bootstrap a circular economy here and now.

Therefore, we need to maximize spending and minimize hoarding if we want to attract new merchants and keep them interested in accepting XMR. Fortunately, we don't have as many HODLtards in this community as the Bitfags do. Lets keep it that way.


>>56950932
>And depends on what you're inhibiting.

Inhibiting the growth of a circular economy.

[Anonymous No.56953616]

>>56950748
The amount of heat coming down on a guy for combining xmr and gold/silver is extremely telling about the real threats to the USD, don't you think.

[Anonymous No.56954491]

>>56952996
>sounds like he was just too naive. many dont understand how closely they are watched by the gubmint

Fuck around and find out. Next time take it to the darknet.

[Anonymous No.56954608]

>How would someone who is motivated to learn more information about setting that up start researching? Asking for a friend

Well, first you'd need to understand what your friend would be getting into: selling unlimited no-KYC bullion runs afoul of money transmission laws and will eventually attract unwanted attention from glowies. Hefty fines and jail time are possible if somehow caught.

Therefore, the entire operation would have to be 100% darknet based, with the clearnet only being used to share links to the hidden service by OTHERS.

Your friend would also need a *reliable* supplier that doesn't ask too many questions. Somebody buying bulk amounts of bullion on the regular could be flagged as a potential underground dealer. Straw purchases might be necessary.https://en.wikipedia.org/wiki/Straw_purchase

Then your friend would need to know how to *competently* set up and harden a Linux web server and run a Tor/I2P hidden service on it. He would then need to either *competently* code a custom shopping cart from scratch or *competently* modify an existing shopping cart to work with darknet browsers i.e. no Javascript. He would also need to learn how to integrate Monero and 3rd-party escrow into the check-out process. FairTrade is a Monero-only darknet escrow service that could potentially be used.

Lastly, your friend would need to be able to reliably ship packages with rock-solid OPSEC. Assume glowies will be making controlled buys in an attempt to trace point of shipping, so randomizing where packages are mailed from will be necessary. Using remailers located in other states might be good way of mitigating this concern. The painful lesson that has been taught over and over again is: never get comfy, getting comfy = getting sloppy = just asking to get caught

The upside of course is that there is an insatiable demand for darknet bullion and with even a modest markup good money can be made

So, learning how to run Tor/I2P sites would be a good start

[Anonymous No.56954622]

>>56954608
Character limit but anon from last thread had the best post in a while - a decentralized xmr/PM's exchange would be absolutely massive

[Anonymous No.56954822]

Proud to say I currently hold an XMR and some change. Is it worth holding? It seems like the price is very stable these days desu. I remember when it was $500+

[Anonymous No.56954946]

Just when you thought Zcucks couldn't get any more cucked, they propose this.

[But... No.56955144]

>>56954946
holy shit. imagine being a z-cuck and willingly spreading your asshole for the BBC of the government.

[Anonymous No.56955215]

>>56953582
In the long term, someone buying a house with Monero after years of saving, would do a lot more for a circular economy than that person spending the same money on drugs as it comes in

[Anonymous No.56955321]

>>56954622
>a decentralized xmr/PM's exchange would be absolutely massive

It would but the issue is that very few people actually have the stomach for going into business like that. Its not as consequential as selling coke but still.

I might seriously consider it if I had a rock-solid supplier and a crew of reliable out-of-state remailers I could trust to not get sloppy, reliance other people is the weak link here. Then again, they wouldn't actually need to know much about you.......hmmmmm

In any case, you could get around the need for remailers by driving to a new town every time you shipped, but how long can that be sustained for?

Its also possible I'm being overly-paranoid but then, better safe than sorry.

[Anonymous No.56955464]

>>56950712
>diamond hands

[Anonymous No.56955527]

>>56955215
>In the long term, someone buying a house with Monero

haha, you already can't buy a house with cash in certain jurisdictions anymore. Untraceable digital cash is even less likely to be acceptable.


>after years of saving

which brings us back to "how does that help us bootstrap a circular economy today?"


>would do a lot more for a circular economy than that person spending the same money on drugs as it comes in

Spending today keeps the economy expanding into tomorrow.


So keep spending generously, lads, a healthy and growing CE is the only way we get *sustainable* NGU in future.

[Anonymous No.56956168]

>>56955527
That's very Keynesian, and the reason fiat is such shit in the first place. How long before getting Monero should someone ideally wait before spending it? 1 hour, 1 week, 1 year? The shorter the time people are willing to wait before spending, the more nigger-like their behavior.

[Anonymous No.56956341]

Fords family started in the opium trade, i am sure that the druglords using monero today will be the ones to rule the world tomorrow

[Anonymous No.56956540]

>>56956168

WTF do you think it is we're trying to do here? Pumping your bags ain't the priority, establishing a healthy circular economy is.

And insufficient spending = no merchant retention = no circular economy, its really that simple.

[Anonymous No.56957695]

monero coin

[Anonymous No.56958283]

Gentlemen, thoughts?

[Anonymous No.56958410]

>>56958283

1 XMR = 1 KG

[Anonymous No.56958457]

>>56958410
Fuck off degenerate. Nobody but you cares about your vices or desire to deal in them.

[Anonymous No.56958547]

>>56958457

Problem?

[Anonymous No.56958571]

>>56950384
As wrong as you can be. Monero is the Austrian economist's choice.
>https://mises.org/wire/cryptocurrency-money-store-value-or-medium-exchange
>https://mises.org/wire/critique-bitcoin-stock-flow-model
>Likewise, downplaying the importance of active usage of cryptocurrency, which also entails increased business demand, in favor of a “HODL forever” mentality, goes against Mises’s recognition that “business usage alone can transform a commodity into a common medium of exchange.”

[Anonymous No.56958572]

>>56958547
Drugs = high time preference nigger-tier behavior.

[Anonymous No.56958589]

>>56958571
That's all I've been trying to say, active use is good, but saving (HODL) is just deferred spending and is also important.

[Anonymous No.56958971]

do you trust kraken?

[Anonymous No.56958996]

>>56958971
Anyone who uses that emoji in a serious conversation about money is not to be trusted

[Anonymous No.56959006]

>>56955144
Imagine bashing on a technology for years only to have your own devs propose implementing it.

[But... No.56959180]

>>56959006
No one is bashing the tech you fucking nigger. We're bashing z-cucks.

[Anonymous No.56959373]

>>56959180
You faggots endlessly shit on everything that isn't Monero. You make your screenshot copypasta fudding every other privacy project and call everyone else in the privacy space a scammer/tranny whatever. It's good to see that karma is still a thing. Good luck getting help from anyone else in the privacy space.

[Anonymous No.56959807]

guys I just got my sui stack
when are we getting rich?

[Anonymous No.56959915]

>>56959373
People have said going back years now that zk proofs would be adopted if and when they were ready. The people bagging on zcuckolds were doing it because that retarded shitcoin's "optional" privacy completely ruins its value.

[Anonymous No.56960475]

>>56959915
>zk proofs would be adopted if and when they were ready.

Monero has been using ZKPs (Bulletproofs) since 2017. The ZKPs this faggot is whining about (zk-SNARKs) are only being discussed and likely won't end up being used since Luke has already figured out how to make full-chain membership proofs work with Bulletproofs.

[Anonymous No.56960564]

>>56960475
Your fucking retarded devs couldn't figure out atomic swaps. You hem and haw about how it's not necessary when you know deterministic tracing is happening all day everyday on every cex based monero transaction. You gaslight your users into believing that no one is able to trace xmr when multiple companies offer that exact service. You guys are either willfully retarded or you are fucking feds baiting a honeypot.

[But... No.56960583]

>>56960564
>You gaslight your users into believing that no one is able to trace xmr when multiple companies offer that exact service.
put up or shut up, retard.

[None !!ZrnK6IK8Nit No.56960646]

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

[Anonymous No.56961006]

[Anonymous No.56961268]

>>56945466
All his accounts are compromised since Interpol had him in custody. That message was drafted by the federal reserve and posted by an NSA agent.

[None !!ZrnK6IK8Nit No.56961508]

>>56961268
Ok

[Anonymous No.56961514]

nothing ever happens

[Anonymous No.56961852]

>>56960583
A subscriber to the monero github has done exactly that while trying to determine who stole the css funds.

[LebAnon No.56961918]

>>56958410
I have a different scale kek
also
>>>/pol/451729657

[LebAnon No.56961936]

>>56958571
BASED
(((keynesians))) deserve the rope
>>56945866
preach brother

[LebAnon No.56961948]

>>56961918
if any monero bro can unironically help me out a bit check the thread

[LebAnon No.56961996]

>>56961948
>>>/pol/451734183
>pic related

[Anonymous No.56962553]

>>56959373
ZEC was neat but I refuse to pay zooko taxes and get dumped on by his company.
Monero works great today and continues to improve. Many people have participated in the conversation about upgrades, including daira.
Gotta laugh a bit at you calling us faggots while at the same time criticizing people for calling others scammers/trannies. Don't worry, I won't hold your behavior against ZEC. Getting called names on the Internet is part of the fun.
Maybe someday you will come around. Monero will be there if you do, with improvements.

[Anonymous No.56962666]

>>56961852
Someone can gain this much data by giving up their private keys?
Oh shit guys it's over. Just sold 100k

[Anonymous No.56963271]

>>56961852
Even someone like you should know that these are not deterministically proven, he even called the outputs 'suspect.' Nevertheless, this was done by sharing the private key. Your 'worry' would be confirmed if the two parties used a CEX, which is not the case. Even if it were, no coin, not even Zcuck, would help you.

[Anonymous No.56963541]

>>56943067
Rehypothecation, done legally

[Anonymous No.56963569]

>>56955215
this.
A circular economy is a must, to be a store of value (against inflation). which is the end goal.
We might need a monero commune tho. Which is not bad. like a permanent porc fest

[Anonymous No.56964319]

Got 2 monero coins, im going to the moon bros

[Anonymous No.56964337]

>>56951763
>Price doesn't matter. Tech doesn't matter. Growth doesn't matter
It doesnt need to grow, it needs to stay where it is.
As a stable coin i can trade for funny powder and pills

[But... No.56964338]

>>56961852
retard

[Anonymous No.56964382]

>>56950621
>Government makes it hard to deal in competing currencies
>Monero can't make it guys, because it gets a tiny fraction of the pressure everyone knows it will get

[Anonymous No.56964519]

>>56958971
I never had any issues with them when I used them, plus they have security features (mainly PGP encrypted emails) that I wish every website would use. I don't see an issue with their answer, but I agree with >>56958996 that emojis are unprofessional and a red flag.

[Anonymous No.56965147]

>>56961852

the "clear suspect" in question is an output, not a real-world identity, you wetbrained window licker.

And that's Monero's resident twink, Justin Ernhofer, doing the "tracing" btw.

[Anonymous No.56965286]

>>56961852
>>56962666
Not an issue for most in ecosystem activity/churned outputs. But could be a big problem for anyone who deposits straight from am exchange to their wallet without additional hops.

[Anonymous No.56965604]

Legal rehypothecation

[Anonymous No.56967047]

[Anonymous No.56968569]

[Anonymous No.56968660]

>>56949663
I really wanna buy those shoes but my paranoia says no.

[Anonymous No.56969066]

>>56968660

Yeah, wearing crypto-branded gear is just asking to get $5 wrench attacked.

BTW, if you like the shoe design they're just revamped 1989 Air Jordan IVs, you can get the 2019 retros for a couple hundred bucks.

[Anonymous No.56969259]

>>56969066
Nice. I love Monero so much. I get paid in Monrro and I pay in Monero. There is no other crypto with such a strong circular economy. I'm always alright with paying extra just because I'm paying in Monero.

[Anonymous No.56969520]

>>56969259
>I get paid in Monrro and I pay in Monero

You win the thread.

>I'm always alright with paying extra just because I'm paying in Monero.

Somebody get this chad a knighthood.

[Anonymous No.56969533]

Why are there monero tumblers?
Is this tech good or what

[Anonymous No.56969751]

>>56969533
>Why are there monero tumblers?

Because there's a sucker born every minute.

>Is this tech good or what

There's a reason the black market is going Monero-only.

[Anonymous No.56969988]

>>56969066
Air jordan V looks like they are basicly selling less shoe for more cash
>Yeah, wearing crypto-branded gear is just asking to get $5 wrench attacked.
I dont think any thief wants to steal your cryptowallet

[Anonymous No.56970278]

Wtf friens wtf i suffer

[Anonymous No.56970329]

>>56969988
>Air jordan V looks like they are basicly selling less shoe for more cash

The Air Jordan V's used proprietary 3M Scotchlite™ reflective material, so they were more expensive to manufacture. Also included were custom lace clips.

Its kinda gimmicky today but was cutting edge back in 1990 when Reebok Pumps were all the rage.

[Anonymous No.56970395]

>>56949663
Speaking of giftcards, what do people want that you can't currently get on CakePay?

[Anonymous No.56971766]

[Anonymous No.56971845]

Is haveno seriously going to get lapped by seraidex? It's starting to look that way.

[Anonymous No.56972138]

What's it like selling XMR on localmonero or other platforms? I have a notion about plowing the profits back into more XMR if I don't get wrecked by sudden price changes

[Anonymous No.56972281]

>>56971845
>Is haveno seriously going to get lapped by seraidex? It's starting to look that way.

The more the merrier.

[Anonymous No.56972326]

Are you broke and have only 10 bucks to invest? Then check this guide

pastelink
net/otwefxhp

3

[Anonymous No.56973204]

>>56970395
CoinCards just has a better selection in general, imo. I like CakePay because it's fast as fuck and works great (aside from the occasions where it doesn't), but if you just want to buy something and don't need it immediately then CoinCards is easily a better alternative. CakePay is typically my way to introduce people to XMR, but my actual usecase is normally CoinCards. CakePay is a great proof-of-concept that I love, but if I want to order pizza tomorrow then I'll use CoinCards because it's just been more reliable for me and helps keep the CE decentralized a little

[Anonymous No.56973913]

>>56943067
Sell me on mining this crypto, what can I actually buy with it other than unlicensed pharmaceuticals? It just doesn't seem widely adopted enough to be useful
>88PGAY

[Anonymous No.56973951]

Are you broke and have only 10 bucks to invest? Then check this guide

pastelink
net/otwefxhp

3

[Anonymous No.56973954]

>>56973913
Read the OP.

https://cryptwerk.com/pay-with/xmr/

[Anonymous No.56973981]

>>56965604
Is there any CEX that actually shares their view keys?

[Anonymous No.56973993]

>>56972326
>>56973951

Kill yourself.

[Anonymous No.56974492]

>bitcointalk banned all discussion of king shitcoin mixers from december 1st
>Monero still explicitly allowed
https://bitcointalk.org/index.php?topic=5476162.80
It really is just a matter of time until all maxipads kneel, isn't it?