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(6.06 KB 282x75 282px-Monero-Logo.svg.png)

Monero As the Internet's Currency Anonymous 04/18/2021 (Sun) 01:27:33 No. 3581
There's many cryptocurrencies out there. But out of the many cryptocoins out there only one stands out, Monero. It's safe, secure, private, and anonymous and there has yet to be a government agency that can crack its code. It's also not handled by banks, payment processors, and credit card companies that may blacklist you for bullshit reasons. The promising technology of atomic swapping will also render crypto exchanges to be not needed as this will counter government regulations of asset exchanges. Also this cryptocurrency is the easier to mine compared to Bitcoin. So do you think Monero will see more widespread use in the future? Give your thoughts.
>>7911 He who controls the hardware controls the software. Always. There is no code solution to the infrastructure problem.
>>8050 agree, how useful is your private anonymous internet money if globohomo simply blocks your internet access until you doxx youself? were not there yet but they absolutely can enforce that. >but i can self host monero services on my local private network! if you can only trade your monero locally then whats the point? just get physical silver/gold/food/ammo/water/whatever at that point
>>3619 literal poorfag understanding of internet money
>>4256 why would you ever need to use a mixer with monero retard
>>7392 moneromarket.io
BTC = Gold XMR = Penny
>>17344 BTC is a ponzi scheme that is waiting for its tragic end. Taking into account that as many as 86% of the coins never have been traded, which means some speculators have the upper hand to crash the value any time they want. Considering the huge amount of money involved, the custodians are not next door people at all, but institutional and governmental actors pre-positioned to cause political and economic chaos. Common sense says to look for alternatives backed by real tangible goods instead of fiat.
>>17344 Altcoins are pegged to bitcoin which in turn is pegged to the stock market. When one goes down they all go down. The crypto and blockchain tech is too much in its infancy to make greater assumptions like that. Monero's greatest asset is its anonymity technology which isn't just for cybercriminals or schizos, in the future when blockchain transactions are commonplace in business there's the problem that many of them can be publicly scanned which can turn into industrial espionage, and monero can solve that
>>3581 is there a replacement for /biz/ in this chan?
>>17351 >backed by real tangible goods so not money and harmless just like gold I'm not completely using btc as long as it doesn't have better privacy, but I'm not completely using xmr either because of its tail emission and auditability
>>17734 No. But if moonboys keep tf out of these threads, and most discussion on crypto tech was contained in generals then maybe they can actually have a place on /t/. Wishful thinking, i know.
>>3581 Monero is the only useful crypto
>>4265 >>4643 >>5245 Almost every coin suggesting to be better than Monero has been a scam of one type or another, or otherwise compromised in ways Monero is not (ie massive premines, algos that give ASIC or similar benefits, supernodes and other sorts of faggotry, smart contract bullshit which gets in the way of coin/currency focus etc). I've not found any over the years that seem worthwhile and that's before we get into shit like devs literally stealing from commonly used wallets and miners or faux setup forks for rugpulls etc.
I don't invest in crypto. I use Monero as currency. No other coin is usable as actual money.
>>18010 It doesn't even matter if other privacy coins are technically better, monero is the one people actually use and unless it gets compromised that won't change.
Monero is the final solution to the taxman question.
>>4080 it's like sha256 even though the nsa cracks it no normies do people can spend Monero to buy food and drinks and the transaction is private in contrast to Bitcoin >>4265 the other privacy coins do not have liquidity and volume like Monero >>7393 if you want both convenience and medium-level privacy you can buy and try Monero on the Cake Wallet mobile app
>>>/biz/ Total crypto death
>>18142 Monero is the only crypto I ever recommend anyone to ever use, specifically because it's terrible as an investment. The price fluctuates too frequently primarily due to its usage as an actual currency, and not a speculative vehicle.
xmr is fine and so are zerocoin/zerohash, it reduces the need to mix, but some extra mixing to increase your anonymity can't be harmful, same as behind 7 proxies meme
Monero's great but lacks ways to acquire it. Where's the ad networks? The job boards? Donation systems that take normie coins and pay out xmr? MMOs like SL and Roblox but using it as currency instead? If these things even exist, they're obscure as fuck, undermining the utility of monero as a currency.
>>18446 There's been a concerted effort to delist and suppress it everywhere. It's not that it can't be used for the things you mention but it's been made almost impossible, especially for normalfags, to even acquire xmr so it's a non starter until someone finds a way to make it easy to buy with fiat again. It's actual use cases right now and the reason it won't die for the foreseeable future is total adoption on darknet markets.
I'd also like to point out that when BTC was actually being used for things, rather than just being held or traded it was also inaccessible to normalfags
the cocaine standard
>>18446 >a coin that is hard for normies to acquire only because exchanges don't list it easily >a coin with real use in the market >a coin with already built mining and wallet infrastructure >a coin with 21 million supply and tiny inflation for longevity based opportunity
Monero assisted imageboards, forums, blog comment segments wen? I think Monero micropayments can be utilized as a way to fight against spam and low quality posts, especially for blog comments sections. One should be easily able to add micropayment per comment to the following blog engine for example: https://wingolog.org/projects/tekuti Bonus points for making the comments section mimicking an imageboard environment with replies and post numbers.
>>18541 the tiny inflation sucks massively sorry, the rest is fine
>>18541 inflation baked into something thats hard to obtain is such a shitty idea
>>18699 Revocable deposits work better here, so smart contracts are the ticket. Monero for most other things, sure.
>>19065 Why is it bad? It's a linear rate far less than gold.
>>4256 local monero shut down right? where else are people buying monero?
>>19149 cakewallet.com retoswap.com basicswapdex.com
>>19069 >muh inflation You don't even know Monero's inflation rate, faggot.
>>18541 >real use in the market >read: heroin and Democrat activism
>>17734 Yes, /biz/
>>19065 >>19069 you dont understand. the tiny inflation enables faster transactions https://monero.stackexchange.com/a/13452 >It’s also extremely important to make it clear that Monero’s supply is pre-defined, verified and enforced via consensus, and entirely predictable, just like Bitcoin’s – you can know the inflation rate and totaly supply at any point in the future without doubts. This tail emission enables two key features in Monero > A lower bound of network security forever (miners will always be able to rely on 0.6XMR per block, no matter the fee market) A dynamic block size (Monero’s blocks can grow/shrink to adapt to short-term increases in usage, with a penalty to mining rewards during these times).


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