[a / b / c / d / e / f / g / gif / h / hr / k / m / o / p / r / s / t / u / v / vg / vm / vmg / vr / vrpg / vst / w / wg] [i / ic] [r9k / s4s / vip / qa] [cm / hm / lgbt / y] [3 / aco / adv / an / bant / biz / cgl / ck / co / diy / fa / fit / gd / hc / his / int / jp / lit / mlp / mu / n / news / out / po / pol / pw / qst / sci / soc / sp / tg / toy / trv / tv / vp / vt / wsg / wsr / x / xs] [Settings] [Search] [Mobile] [Home]
Board
Settings Mobile Home
/biz/ - Business & Finance

Name
Options
Comment
Verification
4chan Pass users can bypass this verification. [Learn More] [Login]
File
  • Please read the Rules and FAQ before posting.

08/21/20New boards added: /vrpg/, /vmg/, /vst/ and /vm/
05/04/17New trial board added: /bant/ - International/Random
10/04/16New board for 4chan Pass users: /vip/ - Very Important Posts
[Hide] [Show All]


[Advertise on 4chan]


File: 1696716590660421.gif (288 KB, 900x611)
288 KB
288 KB GIF
Welcome to the /XMR/ Monero General, dedicated to the discussion of the world's most widely adopted privacy coin.

Monero payments are anonymous, low-fee by design and fully fungible, meaning users can send XMR globally without issue and receive XMR without having to worry about tainted coins. Battle-tested privacy tech (Ring Signatures, Stealth Addresses and RingCT) ensures that critical TX data cannot be gleaned from the Monero blockchain. Thus by default, the TX history of all Monero users is kept hidden from the prying eyes of adversaries, with TXs being optionally transparent via the aid of a view key.

Monero algorithmically ensures low TX fees by employing a dynamic (elastic) block size that can "stretch" to easily accommodate sudden TX spikes.

Monero's bespoke mining algorithm, RandomX, is optimized for devices using general-purpose CPUs e.g. desktops, laptops, smartphones, tablets, keeping the barrier to entry low and ASICs out of the equation.

Monero's tail emission - 0.6 XMR every block forever - financially incentives for-profit miners to keep mining, helping boost long-term network security. This constant linear inflation asymptotically trends to zero and is offset somewhat by a steady rate of coin loss.

Monero has thus far proven to be the only altcoin capable of overcoming BTC's network effect by driving it out of the darknet economy BTC dominated for over 10 years. Monero is now also starting to overtake BTC in clearnet commerce as well. See below.

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 Resources: https://libereco.xyz/resources/

XMR Stats: moneroj.net

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

OFFICIAL WEBSITE - getmonero.org

WHERE TO BUY XMR: https://i.imgur.com/XdppsQ7.png
Crypto ATMs: see kycnot.me

>MINING
archive.is/TWOah

HOW TO STORE MONERO?

>Desktop
Official GUI/CLI
Featherwallet

>Mobile
IOS: Cakewallet
Android: Monerujo
>>
GO UPPPPPPPPPPPPPP
>>
File: 162614854231641471.jpg (578 KB, 1298x900)
578 KB
578 KB JPG
PREVIOUS THREAD: >>59123629
>>
File: P2Pool.png (888 KB, 1568x1080)
888 KB
888 KB PNG
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
>>
File: TakeThePill.jpg (65 KB, 560x558)
65 KB
65 KB JPG
*****/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
>>
File: circonomy.png (607 KB, 1920x1080)
607 KB
607 KB PNG
Never forget what this is ultimately all about. Don't be a HODLtard.

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://xmrbazaar.com/
https://www.reddit.com/r/moneromarket/new/
https://kycnot.me/?t=service&q=&xmr=on

>Shop on Amazon with XMR!
https://monezon.com
https://peershop.app

>Live off XMR with Cake Pay (now available in 140+ countries!)
https://cakepay.com/

>or with CoinCards
https://coincards.com/


>Monero stickers for guerilla marketing
http://monerosupplies.com/

>Anonymous burner phone numbers
https://silent.link/

>Monero-only VPS hosting
https://kyun.host/

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


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
>Babylon #
>Calypso #
>Candy Haven #
>Chimera Market
>Cloud Market
>Cypher Market
>Dark Matter
>DrugHub #
>DrugTown #
>Drugula #
>FilthyFellas
>Gofish Market #
>Gramazon #
>Hectate Market #
>Mercury Market #
>Pygmalion's Refuge
>Retro Market
>Smackers
>Sonanza Market #
>Squid Market
>SuperMarket #
>Tribe Seuss
>Whales Market #
>Wizard's Palace #
>World Trade Center #
Links: https://pastebin.com/raw/fF95wTNi


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
http://basicswapdex.com


>Want to support further development?
https://ccs.getmonero.org/donate/
https://monerofund.org/

>Join a Monero Workgroup and (potentially) earn XMR!!!
https://www.getmonero.org/community/workgroups/

>Want more Monero-chan?
https://www.monerochan.art/
>>
File: BuyingGuide.png (519 KB, 1920x1200)
519 KB
519 KB PNG
>How to *safely* acquire, store and spend XMR

An optimal XMR user set-up involves 2 separate wallets: an offline cold wallet (savings account) and an online hot wallet (chequing account) for everyday spending. XMR amounts larger than a few hundred dollars worth should not be stored on a hot wallet for obvious reasons. So ideally, you'll want to direct all payments/donations to your cold wallet by default and then transfer smaller amounts over to your hot wallet as necessary.

Relying on 3rd party hardware wallets comes with certain security caveats so they are not recommended. Instead, its surprisingly easy to engineer a very robust storage solution yourself using readily available hardware: a laptop and a smartphone.

>Laptop

This will be running Featherwallet and must be *permanently* disabled from ever connecting to the internet again! That means physically removing the M.2 Bluetooth/Wi-Fi card and gumming up the ethernet port with superglue.

OS should be Linux rather than Windows, preferably a Debian-based lightweight distro. Encrypting the relevant user directory with LUKS is recommended but not essential.

It must have a functional webcam.


>Smartphone

This can be your primary device. It will host both your hot wallet e.g. Cake, Monerujo, etc and the NERO view-only wallet that is paired with your laptop.

To set everything up: https://4rkal.com/posts/feathernero/

NOTE: if you don't have a laptop you can use another smartphone and install the ANON wallet onto it, its essentially the same thing but with somewhat weaker security guarantees. Video guide: https://www.youtube.com/watch?v=oJqYzZyqyno

>In a nutshell

- you accept all (substantial) payments to your cold wallet.
- you monitor incoming payments on NERO.
- you initiate the transfer of funds from your cold wallet to hot wallet on NERO and sign the TX on your laptop via QR codes.
- you spend the funds and help grow the XMR economy.


FYI this is the most secure storage solution currently available.
>>
File: MuhPriceAction.png (1.12 MB, 1920x1080)
1.12 MB
1.12 MB PNG
>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.
>>
Monero is the WORST performer of the top 100.
>>
File: D7mBMCSXYAAcxwG.jpg (45 KB, 653x566)
45 KB
45 KB JPG
>>59196892
>Monero is the WORST performer of the top 100.

That only means something if the other 99 aren't being wash traded to the moon.
>>
I really hate this 8 post OP.
>>
>>59196923
Oh yes, of course, even DAI and USDC are being wash traded. That's why they're pumping so hard relative to Monero.
>>
File: file.png (17 KB, 316x301)
17 KB
17 KB PNG
>>59196926
>I really hate this 8 post OP.

There you go, you never have to see them again.
>>
File: 1639026346584.webm (2.75 MB, 576x1024)
2.75 MB
2.75 MB WEBM
>>59196932
>Oh yes, of course, even DAI and USDC are being wash traded. That's why they're pumping so hard relative to Monero.

Stable coins are also pumping?! LAWDY, it really is the end times!
>>
>>59196966
You don't know what the word relative means do you?
>>
File: fakelol.png (61 KB, 978x701)
61 KB
61 KB PNG
>>59196972
>You don't know what the word relative means do you?

Wait, are you implying there isn't mass wash trading going on and that all this trading volume is 100% organic?
>>
>>59196985
OMG Forbes? Next post a Jew York Times article by Heeb Schlomowitz.
>>
I love being poor. I'm a proud member of github.
If you want numbergoup you are a moonboy and should be ashamed of yourself, for wanting to be rich. Hail socialism.
>>
>>59196985
>OMG Forbes? Next post a Jew York Times article by Heeb Schlomowitz.

OK, so you are. Carry on.
>>
>>59196948
You need to link to a wiki or something this shit ruins the thread.
>>
>>59197015
>some gook makes a gook exchange
>ctrl+c, ctrl+v a billion quadrillion trades on their books
>oh no! 99.999999% of crypto is wash trading!

And your 2023 report is talking about retarded coins like shiba farm, not Bitcoin.
>>
File: GcLtrroWwAMyDnN.jpg (144 KB, 782x1024)
144 KB
144 KB JPG
>>59197043
>not Bitcoin.

Bitcoin has Tether.
>>
>>59197067
>Wahhhhh, the worthless USD coin isn't backed by enough worthless USD that the feds print at will. How on earth will the feds print more when they run out???
Also not wash trading shit for brains.
>>
File: sonicDying.jpg (18 KB, 426x293)
18 KB
18 KB JPG
I wish i could just use monero daily.
I unironically wish i got paid in monero and could participate in an economy where absolutely no one knew how much money i have and what i buy.
sadly i live in bruhzil and no one knows what the fuck crypto is
>>
>>59196923
OP, why are you so annoyed about people caring about Monero's price?
Are you rich? So well to do that you're above it all and us pleb's desire for wealth?
You don't have to be so combative towards us "moonbois". We can coexist in this thread.
If anything, your attitude is keeping newbies from embracing monero and thereby hurting adoption.
>>
>>59196892
And this is why it is good, because it keeps us poor. And being poor means being closer to god, and living the socialist utopia on Earth. Check our suppositories on github, we have many innovations on how to keep being poor. Also check our sister projects chainlink and hedera.
>>
anyone keeping up on zk proof dev know how long until the switch to the new chain/address format?
2026?
>>
>>59197021
>You need to link to a wiki or something this shit ruins the thread.
Speak for yourself, I find them a very handy resource.
>>
>>59197317
It would be a handy resource on a wiki page with a link in the OP.
>>
Are there people on Monero marketplaces that sell things at a discount?
>>
>>59196834
just fully read the infodump.
holy fucking SHIT zcash is a joke. what kind of retarded basis do they have to conclude that illegal usage is morally bad?

there are tools that inherently enable morally bad usage (money can be used to buy people, guns can be used to kill, an encrypted internet connection can be used to stream CP) but even then the proper usage vastly outnumbers the "evil" usage both in benefits and quantity.

who the hell would look at a cryptocurrency that prides itself as being "private" while bowing down to regulators and think that it would be a good idea to use it? i genuinely think that the dread and biz prints were just zcash bagholders trying to market it like retards do with shitcoins.

i don't even think that the problem lies in them being leftists. i'm a leftist myself and i've been amazed by monero when i found out how it enables markets that don't depend on big companies. i genuinely think that they're just immensely dumb.

nice infodump btw, any news on seraphis?
>>
>>59197233
Is the Monero to gift card thing not developed in your country?
In Europe and USA you can pretty much live daily with Monero if you're okay going through gift cards, that's what criminals do to not have to launder.
>>
File: wirey.jpg (267 KB, 1200x1145)
267 KB
267 KB JPG
Reporting in
##################################
Education - https://pastebin.com/V0SFR8qU (embed)
Mining - https://pastebin.com/Rd1V8P5L (embed)
Nodes - https://pastebin.com/j6Vv2Xn6 (embed)
##################################
>>
>>59197285
>>59197764
Monero is going to have full chain membership proofs (FCMP++). With it, XMR's ring size will be the size of any and all enotes in its blockchain. We won't be migrating to a new address format, your old addresses will still continue working.

>Wen?
Who tf knows.. Hopefully in a year.
>>
>>59198169
the old addresses will work how? you need a new curve for zk and that wont match the old address public keys
>>
>>59197285
>>59198175
This should explain everything:
https://github.com/jeffro256/carrot/blob/master/carrot.md
>>
If I run two Monero and p2pool nodes in LAN and on the same WAN IP, will something break?
I'd like to try achieving high availability on those two as a not-so-prod home K8s project, they're stateful but if both stay in sync with their networks (therefore roughly the same blockchain served at the same time), it shouldn't matter whether remote instances connect to my one or another instance when they reach my one WAN IP, right?
My other idea was to run one instance of each and store blockchain on distributed fs like Longhorn, but it sounds like it could have quite a bit of block traffic, meanwhile Monero specific P2P traffic in LAN would be smaller, at least in my uneducated guess.
>>
>>59198271
whats the chances hw wallets dont support this at launch and like with zcash people get locked out of their money for months?
>>
File: 1402356005392.jpg (80 KB, 695x676)
80 KB
80 KB JPG
>holding and accruing since 2021
I am financially ruined
>>
>>59199665
>tfw stacking since 2017
I am financially completely stable
>>
its over
>>
File: 1681472437228055.jpg (389 KB, 827x1181)
389 KB
389 KB JPG
>>59196813
kys yourself
>>
>>59200752
>profit is bad....just because it is, okay?
Red id, opinion discarded
>>
File: 1709938227882120.gif (3.68 MB, 480x320)
3.68 MB
3.68 MB GIF
>>59197257
>OP, why are you so annoyed about people caring about Monero's price?

I'm not annoyed about people caring about the price, I'm annoyed by people caring about *only* the price while being too stupid to grasp relevant concepts like wash trading and price manipulation in general.

The insufferable midwits who keep coming here to complain about Monero's shitty price action are apparently unaware that:

a) they're complaining about the lack of moons and lambos to an audience of grizzled anarchists who are preoccupied with revolutionary endeavors and making glowies seethe.
b) they are unfairly comparing a natty physique to a roided up one. Unlike your average shitcoin, Monero is widely delisted, under constant glowie scrutiny, difficult to manipulate and therefore uninteresting to wash traders looking for their next easy pump and dump. Its not going to perform like your favorite dog meme, sorry.

And BTC's pump is only impressive if you take it at face value, peek behind the curtain and you'll see its all smoke and mirrors, bait for the financially illiterate and terminally retarded.

As mentioned countless times, the only way Monero (or any other cryptocurrency) can appreciate *sustainably* is by being an indispensable part of a growing counter-economy where real people are buying and selling real goods and services. If larger and larger numbers of everyday people begin finding it advantageous to go shopping on tax-free grey markets, you'll get your fucking NGU. But its going to take a lot of hard work and time to get there, alien concepts to the average crypto-tard.

>>Are you rich?

Pretty much, I'm a future millionaire.
>>
File: beef.jpg (632 KB, 1081x1081)
632 KB
632 KB JPG
>us pleb's desire for wealth?

And hoarding XMR/crypto is how you plan on generating wealth? Jesus Christ, you people. Where do you think wealth comes from? By everybody sitting around waiting for it to magically drop into their lap? How about you take some initiative and start a business? If you can convince a lot of people to send you lots of XMR in exchange for valuable goods or services, you'll definitely become wealthy!


>You don't have to be so combative towards us "moonbois". We can coexist in this thread.

Moonfags need to remember that the Monero community has by far the largest concentration of crypto-anarchists, cypherpunks and agorists in all of Cryptoland. You are guests here and a minority overall, so act accordingly.


>If anything, your attitude is keeping newbies from embracing monero and thereby hurting adoption.

lol adoption isn't moonfags hoarding XMR, its normies spending XMR on darknet grey markets to get a better deal on some homegrown ground beef.
>>
File: 1727799069227641.jpg (278 KB, 1920x1080)
278 KB
278 KB JPG
I hate how what used to be one of the best threads on /biz/ slowly turned into the r/buttcoin/ of 4chan out of hate, envy and sour grapes for other cryptos, truly a sad display.
>>
File: 1653503034252.png (337 KB, 700x602)
337 KB
337 KB PNG
>>59201289
>hate, envy and sour grapes for other cryptos

Case-in-point.
>>
>>59201216
NO ONE IS BUYING GROUND BEEF ON THE INTERNET YOU FUCKING MORON. AND IF THEY WERE THEY WOULDN'T BE USING ONE OF THE LEAST ACCESSIBLE, LEAST LIQUID CRYPTOS TO USE IT. I BUY GROUND BEEF, FROM FARMERS, I GIVE THEM CASH. NO ONE WILL EVER USE YOUR FAGGOTY TOKENS TO BUY WHAT THEY CAN GET AFTER A FIVE MINUTE WALK TO THE STORE.

WANT MORE USERS? MORE LIQUIDITY? ATTRACT MOONBOYS AND THEN TEACH THEM ABOUT PRIVACY AND PARALLEL MARKETS INSTEAD OF SHITTING ON THEM
>>
File: 1710377184560693.jpg (274 KB, 720x720)
274 KB
274 KB JPG
>>59201316
>NO ONE IS BUYING GROUND BEEF ON THE INTERNET YOU FUCKING MORON. AND IF THEY WERE THEY WOULDN'T BE USING ONE OF THE LEAST ACCESSIBLE, LEAST LIQUID CRYPTOS TO USE IT. I BUY GROUND BEEF, FROM FARMERS, I GIVE THEM CASH. NO ONE WILL EVER USE YOUR FAGGOTY TOKENS TO BUY WHAT THEY CAN GET AFTER A FIVE MINUTE WALK TO THE STORE.

lol it was a metaphor, pal, relax.

>WANT MORE USERS? MORE LIQUIDITY? ATTRACT MOONBOYS AND THEN TEACH THEM ABOUT PRIVACY AND PARALLEL MARKETS INSTEAD OF SHITTING ON THEM

Yeah, because that approach worked out so well for the BTC economy.
>>
>>59201289
People just stopped participating here, I'm still going for the baron
>>
>>59201507
midwits like the kid that always posts 50 times made these threads boring, repetitious and too feminine.
but people stopped participating everywhere, monero threads on here, reddit, twitter, all extremely low or nonexistent.
>>
File: file.png (46 KB, 884x301)
46 KB
46 KB PNG
In related news, Tether has just printed yet another $1 billion USDT totally not out of thin air, that averages out to $1 billion per day over the past week, a new record.

$100K BTC soon!
>>
Monero is the ultimate midwit trap
>>
>>59201348
>Yeah, because that approach worked out so well for the BTC economy
It did work actually. It worked spectacularly you fucking tard.
>>
File: Economic-Activity.jpg (172 KB, 988x927)
172 KB
172 KB JPG
>>59202446
>It did work actually. It worked spectacularly you fucking tard.

You're confusing NGU with economic activity again.
>>
>>59201538
>>59202036
You will never be a millionaire.
>>
>>59202036
I'm also buying silver.
t.midwit
>>
>>59196802
You guys aren't even midwits you're low IQ
>>
>>59196825
I am actually considering mining. How do I calculate electricity usage?
>>
File: SoHappyForYou.png (1.83 MB, 1920x1080)
1.83 MB
1.83 MB PNG
>>59202949
>You guys aren't even midwits you're low IQ

Get a load of Gordon Gekko over here.
>>
>>59202992
>I am actually considering mining. How do I calculate electricity usage?

https://minerstat.com/coin/XMR
>>
>>59198904
>whats the chances hw wallets dont support this at launch and like with zcash people get locked out of their money for months?
0%. Because the upgrade is backwards compatible with every wallet and every wallet address ever created.
>>
>>59203141
> look it up
> I'll nake $1.5 per day while paying $0.6 for electricity
> probably get in trouble with landlord
> for a fucking $15 a month
>>
File: NEXT-GEN.png (1.55 MB, 1024x1024)
1.55 MB
1.55 MB PNG
>>59203486

Yeah, its not profitable for most people anymore. You'd do better earning XMR directly, that helps the Monero economy grow.
>>
>>59203112
>t. Low IQ.
You're poor because of this
>>
File: GJnbiQpWMAE455A.jpg (78 KB, 594x593)
78 KB
78 KB JPG
>>59203592
post nose
>>
File: 1673623925699528.jpg (14 KB, 474x474)
14 KB
14 KB JPG
>>59203592
>You're poor because of this

Positively destitute.
>>
File: 1611035057281.jpg (380 KB, 2082x1226)
380 KB
380 KB JPG
>>
>>59202446
yep, bitcoin has a lot of liquidity (from people trading it constantly). doesn't matter that much when no one uses it to buy actual things.

the only uses bitcoin has as currency is on crypto cards that want to bank on turbonormies that refuse to learn about any crypto other than the top 3 in market cap and orgs that accept donations, so said turbonormies don't go "weeeh how will i convert to monero" when they want to donate.

no, monero won't moon any time soon, but it still beats bitcoin in being an actual currency.
>>
>>59204643
I use Bitcoin to buy actual things all the time. A lot of people do. Better selection and better rates.
>>
File: 1677807035979045.png (1.61 MB, 3600x1774)
1.61 MB
1.61 MB PNG
>>59203617
oh vay
>>
10 blocks bug was stupid. Well, satoshi used 2015 instead of correct 2016 for block adjustment time.
>>59198169
I really wish a good luck with this beautiful monstrosity.
>>
How do we feel about Tari
>>
File: file.png (788 KB, 899x791)
788 KB
788 KB PNG
>>59204789
>A lot of people do.

Not really, moonfaggotry incentivizes hoarding rather than spending, its the kiss of death for any budding economy.
>>
>>59200901
This
I can understand people saying its fine to hold a stabale coin but hating people who want some profit is retarded
>>
File: IMG_4806.png (134 KB, 490x340)
134 KB
134 KB PNG
>>59205205
lots of potential
>>
File: 1711234809015417.jpg (77 KB, 480x359)
77 KB
77 KB JPG
>>59205671
>hating people who want some profit is retarded

Moonfags get hate because they agitate for Monero to be marketed as a NGU get-rich quick scheme to draw others in and get their bags pumped ASAP, there's basically no consideration given for anything else.

Wanting some profit is fine, selling out for it isn't.
>>
File: 1703463216643772.png (1.46 MB, 2325x1679)
1.46 MB
1.46 MB PNG
>>59205671
>minor spelling error
opinion discarded
>>
>>59205896
I've been hodling since 2018. I would like to cash out so I can continue to buy orange juice. Monero has crabbed the entire time. Am I a moonfag?
>>
>>59202561
since 2016
>>
I have $15k to spare, want to put it into monero as it seems to be the safest coin out there. What are my options as far as buying that much xmr goes?
>>
>>59206437
make partial buys on haveno-reto.com. Also check out monero.com for purhcases.
>>
>>59206437
Kraken
>>
>>59196802
im gambling on the shitcoin mania so i can make gains and rotate them back into XMR is anyone else doing the same? i just added another 4 XMR to my stack and it feels like im building generational wealth
>>
I don't get why people want profits from holding monero like its another crypto, the whole point of the coin is to either spend it in its ecosystem or cash it out via gift cards, prepaid visas or whatever exit you have planned. Yes I know everyone (myself included) WANTS any coin they hold to skyrocket, but this is clearly not that coin especially with the strong regulatory issues it faces for being good enough to get used by hamas and the taliban instead of glowie BTC.

>tfw I put $10 on a prepaid visa paid for with monero and it actually worked
I'm a masterful elder darkweb criminal now damn
>>
File: IMG_0019.png (1.26 MB, 1024x1024)
1.26 MB
1.26 MB PNG
モネロ
>>
Is there any way to pay with Monero if a vendor only accepts Bitcoin?
>>
File: monerochan2.png (3.24 MB, 1252x1988)
3.24 MB
3.24 MB PNG
New Monero Songs:

>Monerochan - Can't Track This
https://www.youtube.com/watch?v=hfp_ODYEY-k

>Monero Mode - The Last Free Money
https://www.youtube.com/watch?v=s0CdFGW-0xo
>>
>>59207253

>instead of glowie BTC

Yup we know why XMR and other privacy coins are currently being left out of this controlled bull run
>>
>>59209165
Since monero isn't apart of the status quo, it makes sense why it is being attacked on all fronts
>>
>>59209173
Makes sense why they took out John McAfee...
>>
>>59209189
>>
File: 78965272.jpg (259 KB, 1280x720)
259 KB
259 KB JPG
>>59206079
>I've been hodling since 2018. I would like to cash out so I can continue to buy orange juice. Monero has crabbed the entire time. Am I a moonfag?

Depends, do you think we should be rolling out the red carpet for slack-jawed cryptotards just so you can finally cash out?
>>
File: IMG_20241115_045402.jpg (1.06 MB, 1080x2167)
1.06 MB
1.06 MB JPG
Cock.li is on red alert. Vincent is a G. Probably the most prominent guy running a real thing that promotes XMR over BTC.

Some discussion here
>>>/g/103184924
>>
>>59210287
as a customer of cockbox I hope he doesn't get cucked by Moldovan/Romanian/""European"" government
>>
File: greenwojak.jpg (221 KB, 568x479)
221 KB
221 KB JPG
OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO PUMPAAAA
>>
>>59211657
Praying for Monero chan
>>
>>59208023
Yeah, just swap.
Some people give the address of the vendor to the swap service to not need another step themselves, but it's risky.
Also send an email to the vendor, usually it's not very hard to convince people accepting BTC to add another address except if they use a third party system to accept payment for them.
>>
File: 1649775987883.jpg (2.5 MB, 2500x1673)
2.5 MB
2.5 MB JPG
>>
What happens with monero once the crypto ponzi finally goes south? It's supposed to be the safest coin of all, right?
>>
>>59213440
Why does the value of your coin rely on every other cryptocurrency going to zero? Doesn't Monero have its own value regardless of what the rest of crypto is doing?
>>
>>59213440

yes.
>>
File: 1623702456177.jpg (622 KB, 1080x1920)
622 KB
622 KB JPG
>>
Xmr is useless because i cant use it to buy groceries
>>
>>59215953
the ground beef index is truly inescapable
>>
File: BxKxYY2IUAES3Wc.png (263 KB, 600x337)
263 KB
263 KB PNG
>>59216334

Its not a proper darkburger unless the meat has been purchased with XMR on buygroundbeef.i2p
>>
>>59196802
pedo coin
>>
BTC all time high. XMR plummeting. Kek.
>>
File: 1696990255307077.png (1.34 MB, 1024x1024)
1.34 MB
1.34 MB PNG
>>59216639
>pedo coin

Problem?
>>
File: 1725908605453537.jpg (113 KB, 1280x720)
113 KB
113 KB JPG
>>59217124
>BTC all time high. XMR plummeting. Kek.

This is clearly very significant.
>>
>when the coin swap services get shut down
>when the exchanges are forced to go KYC
>when the CEXs turn off withdrawals for good
>when paper cash is no longer allowed and CBDCs reign
>when the chainalysis/cyphertrace AI bots can reliably identify where 99% of bitcoin transactions are going, even for atomic swaps
You'll wish you had stacked more monero when you had the chance.
>>
File: 1731714879447.jpg (517 KB, 1080x1951)
517 KB
517 KB JPG
>>59215953
Lots of criminals actually do exactly that.
They spend monero to buy their daily groceries.
>>
File: 1695160954733468.jpg (113 KB, 1270x1280)
113 KB
113 KB JPG
>>
File: trump trilogy.jpg (102 KB, 879x397)
102 KB
102 KB JPG
>>59202036
>>59201289
Monero is irrelevant because now that Trump has returned there's no need to hide your tracks.
>but my internet drugs
Such degeneracy holds little interest for the younger generations.
>>
>>59213456
>Doesn't Monero have its own value regardless of what the rest of crypto is doing?
Yes, $150 now and forever.
>>
>>59218555
>Such degeneracy holds little interest for the younger generations.
Okay, Mr. Purist.
>>
Zcash halvening in a few days, worth picking some up? Never understood all the hate, the tech seems solid.
>>
>>59218698
unproven (new and overly complex) cryptographic primitives, a CEO (lol) that said they would collaborate with law enforcement to deanonimize certain users, and a team that fears anything coming from a .onion

why would you use zcash instead of monero?

answer this for yourself, then figure out why every market accepts monero instead of zcash, then figure out why no one cares about zcash.
>>
>>59218628
Facts are facts. Drug use and alcohol use are way down among young people.
>>
File: zcash_more_like_ztrash.jpg (566 KB, 1044x1464)
566 KB
566 KB JPG
>>59218698
As a gamble, maybe.
As a tech? No.
>>
>>59218761
Isn't the new monero update using zcash tech?
>>
>>59218784
zk-SNARKs and zk-STARKs are not the same thing.
>>
>>59218777
Checked. But I'm pretty sure monero will be using zcash tech soon.
>>
>>59218785
Hmmmmm
>>
File: Adolf Hitler Alpen.jpg (119 KB, 953x1024)
119 KB
119 KB JPG
All these salty anti Monero grifters here.

>muuh BTC went up while XMR did not.
So what, if you happen to trade stuff in XMR, you have to make the calculations of being profitable, otherwise your business is going bonkers or in best case a charity.
From this perspective, what's not to like with a cryptocurrency that does not follow every trend?
High volatility of a currency has always made trading goods and services impossible or at least super risky.
Nothing good with a limiting factor like this.

Good luck buying meat at the next butchery when Klaus Schwab wants you to save the climate and thinks you have already reached your yearly limit.
To do this, you need a non traceable coin with low transaction fees like XMR.
Bitcoin won't be the coin you're using this for. I'm sure.

And to all the Z-Trash retards here: Fuck off. Just open your own Z-Trash general .... wait, they end up with 5 replies from a single person samefagging, just to go straight into the archive.
Imagine, wanting a crypto that has a CEO. This is CBDC style. Goyim, belive me, we protect your privacy veyyy.
>>
still holding out for the bullrun bros i think we got better chances than chainlink at least
>>
>>59218555
Heh. This is literally the plan. They pissed people off so much by letting certain illegal things slide so that people will demand the "good guys" fix things LEGALLY. Bitcoiners are going to walk right into the slaughterhouse because they think the government is helping them.
>>
>>59217646
Politics serve economics, not the other way around.

>>59207253
>>59217765
I use Bitcoin to buy my daily groceries. But I can buy 3 times as much compared to a Monero holder because it appreciated. I'm buying steak, you're buying basedbeans.

>>59218628
Winners don't do drugs. Drugs are for losers.

>>59218854
People dealing in Monero are a charity, they are choosing less liquidity, less customers, worse marketplaces, worse business integrations, plus Monero is volatile, it just crabs really hard.
And good luck buying your meat when it has tripled in price and you've been bagholding something that can't beat inflation.
>>
>>59219051
>People dealing in Monero are a charity
Wrong.

>they are choosing less liquidity, less customers,
Monero is well established among marketplaces. So it's actually used. for a while it even topped the list of cryptos used to buy goods and services.

>worse marketplaces,
Wrong

>worse business integrations
It's up to you to integrate it. You can integrate Monero payment on your website if you wish so. Get informed.

>plus Monero is volatile
Not nearly as volatile as most other cryptos.

>it just crabs really hard.
A conclusion bsed on false assumptions

>And good luck buying your meat when it has tripled in price and you've been bagholding something that can't beat inflation.
People will flock to the crypto they can trust when it comes to privacy. If they realize this, they wish they would have stacked their wallets much earlier.
If there's a future rush on XMR because people are in need to buy goods with it, its price will go up as well.

You are ignoring basic market mechanisms to talk down on XMR, without noticing that people will still have a demand on goods and services when dystopian social credit systems get implemented and physical cash is no more.
As i said earlier. BTC won't be used since it's traceable. So what do you think people will flock to if they don't want to trade their gold chains and watches for meat, milk and other diary?
>>
File: maxresdefault-663803544.jpg (45 KB, 1280x720)
45 KB
45 KB JPG
>>59219201
>worse marketplaces,
>Wrong
Yeah I don't see the equivalent of any crypto compared to sites like moneroica when it comes to a circular and strong marketplace. And its obvious the powers that be is trying to sabotage monero which is the reason why it's so undervalued and being attacked by exchanges.
>>
XMR is the only crypto with real practical widespread daily use as a currency (mainly for drug dealing)
Yet it's also the only one consistently decreasing in value
Why?
>>
File: hqdefault-3111005098.jpg (15 KB, 480x360)
15 KB
15 KB JPG
>>59219256
I mean pretty easy to realize why
>>
>>59219201
>Wrong.
Wrong

> well established among marketplaces
Less liquid, more difficult for a lot of people to buy, buy definition reaches a smaller customer base. Any business not running a charity would prefer to sell to hundreds of thousands of customers instead of a few thousand.

>Wrong
Wrong

>up to you to integrate it
Business owners want to sell goods, not diddle with linux nerd shit trying to configure BTCPay to work with Monero then figure out how to off ramp.

>Not nearly as volatile
99.9% agree since most crypto is shit. But Monero is as volatile as Bitcoin while having worse returns. More volatile than stablecoins which also maintain their value. It isn't a great SoV or a great medium of exchange.

>false assumptions
No assumptions needed. Crabbing and bleeding is obvious.

>flock to the crypto they can trust
Chud fantasy.
-Most people can't flock to something when there is no way for them to flock to it.
-Gubermint doesn't cause revolt setting consumption quotas when they can just make steaks more expensive (money printing), which is why having a SoV that can beat the printer is important.
-The vast majority of people don't give a shit about privacy. They prefer less privacy, bragging that they bought expensive steak as social signalling.

(you) are the one ignoring basic market mechanisms, that the price of something is the value society collectively ascribes to it. You just think all of society is wrong and you are right. Your investment preference has nothing to do with basic market mechanisms or rationality. It is a purely emotional choice made because you think the world isn't fair and you want it to be fair. If you actually wanted to make money you'd pay attention to how society values things and profit.
>>
>>59219337
Most posts itt boil down to being chronically assmad that society works the way it does and refusing to understand or profit from it because you don't like it. Like a child or a woman would do.
>>
My brother must move XMR from the Kraken since they will soon delist it.
What's the best exchange I can transfer his funds to?
I don't care for KYC I just want to move them somewhere where he can put sell orders.
Does Kucoin support XMR?
>>
>>59219337
>>59219360
You're right but actually you don't fully understand how society works. Everything is faker and more conspiratorial than you think. I'll tell you what I think is happening. The guys here that start the thread and post the most are actually glowniggers seeding a narrative. The narrative will actually be made reality at some point but it'll seem more organic if 4channers were talking about it for years first. Probably need to wait for the seraphis/jamtis or whatever update then XMR will be ready for the mainstream. Not normie mainstream but like fringe mainstream. The financial system will be locked down. Bitcoiners will get fleeced. Monero will be the escape route and it will be allowed to survive but it will not be used by normies. Think of the COVID vax. It seemed mandatory but they never actually forced you at gunpoint. It'll be like that. Like you could imagine the tyrannical things they could do to kill it but they won't. Likewise it's adoption will grow just like antivaxxers grew in 2021. It won't take over the world but it will be bigger than before. Most people will never wake up but some people just need a push.
>>
Garbage fucking shit chain. 10 minutes no block.
>>
>>59220884
15 minutes
>>
File: zanogold.png (281 KB, 610x684)
281 KB
281 KB PNG
Considering what they did to the Samurai devs and Tornado Cash guys the people behind this new Zano project are going to get absolutely anally annihilated. I have no idea how anyone has the balls to even try something like this.
>>
>>59220932
>gold backed stablecoin
Fucking stupid. It's not decentralized.
>>
>>59220932
actually really want some kind of privacy stable coin really badly to avoid losses at times and move between privacy coins.
>>59220939
what does gold backed mean in this context anyway? algorithmically set to the current gold price or does some centralized institution hold some amount of physical gold?
>>
>>59220977
>does some centralized institution hold some amount of physical gold?
probably this
>>
>>59220898
That kind of luck would be 75 minutes on BTC plus you almost certainly would have your transaction bumped back multiple blocks by then. It's basically night ruined just go to bed and hope it's gone through in the morning with bitcoin. With Monero it's 15 minutes.
>>
File: zanogoldyes.png (264 KB, 596x784)
264 KB
264 KB PNG
>>59220939
Well, it's not stupid. A gold backed coin obviously cannot be decentralized. It's just crazy and suicidal.
>>59220977
>>59220984
You will literally be able to redeem the coin for physical gold.
>>
File: zanoyes.png (265 KB, 588x783)
265 KB
265 KB PNG
>>59221070
lol
fucked up my screenshot
>>
>>59221070
>You will literally be able to redeem the coin for physical gold.
Which is why it's stupid. The company that offers this shitty service can either go bankrupt, get seized, steal your shit etc etc.. shill your shit somewhere else you street shitting faggot
>>
>>59221084
Lots of companies can steal your shit. That doesn't make it stupid. It's obviously not a competitor to Monero, but stablecoins are clearly useful technologies.
>>
>>59221102
>That doesn't make it stupid.
Yes it does because it goes against everything crypto and especially Monero stands for. GTFO.
>>
>>59221118
Are you retarded? I clearly stated that this is not a competitor to xmr. Stablecoins are objectively useful.
>>
>>59221163
>I clearly stated that this is not a competitor to xmr.
So what the fuck are you shilling it in an XMR thread for? You stupid fucking pajeet.
>>
File: z-nigs.webm (2.67 MB, 1280x720)
2.67 MB
2.67 MB WEBM
>>59218784
>Isn't the new monero update using zcash tech?
>>59218788
>Checked. But I'm pretty sure monero will be using zcash tech soon.

Nope. There was a proposal a while back to use zk-SNARKs but in the end FCMPs will be using a modification of the Bulletproofs tech already in use.

Meanwhile, Zcash still has a CEO with a compliance fetish and is moving to PoS.
>>
File: efc0hjmjcsqc1.jpg (203 KB, 1290x1666)
203 KB
203 KB JPG
>>59218883
>still holding out for the bullrun bros i think we got better chances than chainlink at least

Don't expect rational price action from a batshit irrational clown market.
>>
File: dev.jpg (319 KB, 675x1200)
319 KB
319 KB JPG
>>59219051
>I use Bitcoin to buy my daily groceries.

t. average Bitfag


>But I can buy 3 times as much compared to a Monero holder because it appreciated.

Oh, we're still pretending BTC's "appreciation" isn't hot air?


>People dealing in Monero are a charity, they are choosing less liquidity, less customers, worse marketplaces, worse business integrations, plus Monero is volatile, it just crabs really hard.

Or alternatively, people dealing with Monero can see the long-term trend as it emerges out from the darknet economy, the world's largest and most relevant crypto-based commerce sector.
>>
File: 6289.jpg (122 KB, 1080x1052)
122 KB
122 KB JPG
>>59219256
>XMR is the only crypto with real practical widespread daily use as a currency (mainly for drug dealing)
>Yet it's also the only one consistently decreasing in value
>Why?

Up is down, black is white.
>>
This price action is literally annihilating my anus. My asshole is on fire and I keep wiping and it's shitty and bloody, my ass is prolapsing or something it hurts so fucking much.
One would expect it to go up at least a little bit, but this is only going sideways.
At least it's not going down, I guess.
>>
omg guys were pumping holy shit 1000$ HERE WE COMEEE
>>
File: no-spending.png (776 KB, 1130x480)
776 KB
776 KB PNG
>>59219337
>Any business not running a charity would prefer to sell to hundreds of thousands of customers instead of a few thousand.

lol so why would any business not running a charity cater to Bitfags? 95% of them are opportunistic moonfags with zero intention of ever spending their coins because "muh BTC will always go higher!"

Not to mention BTC TX fees are only going to get more and more expensive over time.

Not to mention every spend is a taxable event.


The rational play is to cater to avid spenders who aren't going to be dissuaded by high fees or fear of the Taxman.
>>
>>59221070
Didn’t people try this with eGold and it went pretty badly?
>>
>>59222862
Yes, this idea was already defeated by the government before bitcoin was made. These scammers might not even know that because they're retarded but also they don't care because they're just scamming.
>>
>>59221174
Because it complements xmr you absolute nigger retard. Zano is sponsoring MoneroTopia, they're participating in MoneroTopia and generally support XMR. They seem to be an honest project that's generally well respected even by Monero devs etc.
>>
>>59222862
Yes. That's why I'm predicting that they'll get rekt, unless they have some kind of genius plan. In any case it's an interesting project.
>>
>>59222939
If you pay money to fund monerotopia they'll probably let you shill your scam too.

>>59222945
They probably won't get wrecked because they're not actually going to achieve anything real like the original did so LE won't care about them. Would be good if they all died in a government raid though.
>>
File: 1614835823902.png (347 KB, 447x638)
347 KB
347 KB PNG
>>
>>59219337
Part 1:
Seriously, why do you put your "no-clue" about how things work at display here so clearly?

>Business owners want to sell goods, not diddle with linux nerd shit trying to configure BTCPay to work with Monero then figure out how to off ramp.
That's a retarded take anon. There are Monero payment systems already developed to put on your website. No fiddeling with BTC payment solutions to get them to work with a shop.
As with other coins too. For the customer, it's in no way harder to pay with Monero than with BTC, LTC, ETH or any other coin that has such a payment system.
No programming needed. You as a shop owner have to only put your wallet adress and stuff in and copypasta it to your site. Every half skilled website admin can do this for you in case the shop owner being to retarded to start a computer.
So you have literally made a no-point here.

>99.9% agree since most crypto is shit.
Ahh we understand, an anti crypto faggot. A blackpiller it seems.

>But Monero is as volatile as Bitcoin while having worse returns.
Moerochads aren't moonfags. Since this is news to you, i can furthermore tell you that Monero was designed not to cater to moonfags, but to people that want to have a solid alternative to cash once it's removed from the banking kikes.

>More volatile than stablecoins which also maintain their value.
Stablecoins are tied to the "value" of FIAT-currencies, which are basically a ponzi scheme. A never ending downspiral called inflation.
The simple fact, that you use this as an argument in the way you did, shows us that you're not even a blackpiller but maybe also an IRS-faggot or a banking kike. At least something that someone qho is really really salty and assblasted about a currency they can't control or spy on.

>It isn't a great SoV or a great medium of exchange.
Oooof, Not a great medium of exchange? Transaction fees on XMR chain are like .06 cents. And a new block every two minutes. Not like 10 minutes on BTC.
>>
>>59219337
Part 2:
>No assumptions needed. Crabbing and bleeding is obvious.
Your entire posts are filled with false assumptions. You really want to deny this?

>Most people can't flock to something when there is no way for them to flock to it.
Your lack of imagination is shocking me to be honest. What about TradeOgre and Bisq ?
And what about people actually working for to get paid in Monero? Did this ever come to your mind as a possible solution in a circular economy, which Monero was literally built for?

>Gubermint doesn't cause revolt setting consumption quotas when they can just make steaks more expensive (money printing),
Dude, they are already working on such a system, both in the US and Euroland. Media is already talking about CO2 footprint and such garbage to get people used to these terms and arguments and why they have to be limited in their ability to travel or consume.

which is why having a SoV that can beat the printer is important.
No one said that moonfaggotting is wrong, it's just XMR isn't made for it. It's made for daily payments. Digital cash, while BTC is more like an exchange asset like stocks or so.

>The vast majority of people don't give a shit about privacy.
They will, if they start realize how limiting it is to them not being able to buy or do the things they like, because goberment wants to save the planet.

>They prefer less privacy, bragging that they bought expensive steak as social signalling.
The world does not only consist of wannabee cool tards with low self esteem.

>(you) are the one ignoring basic market mechanisms, that the price of something is the value society collectively ascribes to it.
Stop projecting like a kike here. But sure, if you think that societly will pay whatever the producer asks for it, then you're wrong, not me.

>You just think all of society is wrong and you are right.
This basically describes you, not me. Stop projecting, it's a kike thing.
>>
>>59219337
Part 3:
>Your investment preference has nothing to do with basic market mechanisms or rationality.
How do you want to know, how i'm invested in things? Projection once again, just to make a point.

>It is a purely emotional choice made because you think the world isn't fair and you want it to be fair.
More projection.

If you actually wanted to make money you'd pay attention to how society values things and profit.
Even more projection. (gets a little tiresome here)

I bought my first Gold and Silver bullion in 1988 and stacked up ever since. Now in 2024, i have more than 200 kilos combined.
With Bitcoin, i started to mine it in early 2009 with three mining rigs (CPU mining back then). Gave a several thousand BTC a day, plus that i bought more BTC's for around 20.000 bucks (exchange rate were like 10 bucks = 1000 BTC
Mostly bought on linux fairs on personal meetups, since no real exchange existed back then. I even sent cash to finland for a while (early adopters will understand this hint)
So yes, i am well invested in crypto and know my stuff and i also know how markets work. For a good bit longer than you are living it seems.
>>
the crypto space is depressing, man. the original drive to build a decentralized economy/money that doesn't depend on governments is on life support due to moonfagging.

it seems to be alive in ethereum with people who want to build finance stuff that doesn't depend on organizations and judicial systems to work, but even there people only care about returns.

i can participate in lending markets via tor without anyone knowing my name. i can cash it all out via swapping USDC/T/DAI for monero whenever i want. i can then use said monero to buy anything i like without ever worrying about someone knowing who i am based on mandatory identification. but no one cares for now.

everyone forgot the original point. even bitcoin itself forgot its point by not going after privacy early on and refusing to increase block sizes or make them dynamic. there are more HODL-related posts in biz in a day than posts talking about useful coins in a year in every board combined.

crypto is riddled with people who want to make bank. i do, too, but i never forgot the original point. most people did.

this does not bode well for the close future.
>>
>>59224807
People will remember when the need arises.
No atheist in a foxhole. If things become really bad and privacy/blackmarket become a need again, then those things will gain in value.

It's not a huge marketcap but we already have people living off Monero for safety reasons, like the Russians and Ukrainians that are avoiding the draft and cannot use the normal financial system because it's under surveillance.

I'm not worried. It's all about need, basic supply and demand.
>>
>>59224742
It's because greed has taken over in many crypto communities.
A sad development and i no way better than the stock market sharks that push prices of essential raw materials up. A real bummer.

>>59224892
Exactly. But moonfags will never understand this. For them, it's all about easy money and capital gains.
Not all of us care about owning a Lambo to show off.
I rather want the freedom to live the way i want. If this includes a Lambo or a Bugatti, fine, but preferably without a communist globalist dictatorship allowing me to have.

The neccessity to adopt to an anonymous privacy coin will bring merchants to XMR.
Moonfags measure/evaluate everything in society though their moonfag lenses.
They simply can't comprehend that a crypto currency like Monero is a replacement for physical cash.
>>
>>59224807
>It's because greed has taken over in many crypto communities.
>A sad development and i no way better than the stock market sharks that push prices of essential raw materials up. A real bummer.

Falsely adressed myself in the comment above.
>>
>>59225001
>It's because greed has taken over in many crypto communities

i think this will continue until participating in the monero economy looks cool. i'm seriously considering just selling dumb robotics (retractable facemasks, cheap drones, etc) and only accepting monero. or doing something like a fully anonymous Stripe clone that only requires your email.

i just find it incredibly cool, but i think there's a mismatch between what monero enthusiasts think and what most people (even in crypto) think.
>>
File: IMG_0036.png (875 KB, 1179x2556)
875 KB
875 KB PNG
>>59196802
wow
>>
>>59225601
>i think this will continue until participating in the monero economy looks cool.
Really just needs to be about self-interest. Give the average person a compelling reason to jump on the bandwagon and they will.

But what is that reason?
>>
>>59226216
Simplicity.
You guys might have it easy, but in many countries it's hard to buy things online/internationally even if people have the money. Complicated process, gorverment control etc.
I feel like unless a better coin appear xmr adoption is inevitable, though it could be a long wait
>>
>>59224730
>>59224740
>>59224742
Nice blog, but you have zero clue how how little inconvenience ordinary people are willing to put up with. All kinds of privacy violations are fine if it means not having to download bisq or figure out limit orders on zero liquidity TradeOgre. They like the system that lets them buy crypto in 5 seconds with paypal on coinbase through a phone app and no amount of preaching will make them care.

It's funny, you seem to understand inflation, but whenever anyone says "monero should be going up against the constantly spiraling ponzi scheme known as fiat" you call them a moonfaggot. Just be honest with yourself, you also think monero should be skyrocketing against the USD. For years it was supposed to be the fault of paper Monero on Binance, the delistings were supposed to be good, but the delistings did nothing and no one itt can understand why.

>No one said that moonfaggotting is wrong
These threads constantly treat wanting to make money through appreciation like it's a crime

>Transaction fees on XMR chain are like .06 cents
doesn't matter if access is hard, a medium of exchange has to be ubiquitous. It's hard to get for the average person, nodes take forever to sync, merchants don't have a widget they can just plug into an exchange to handle payments for them.

>what about people actually working for to get paid in Monero?
Again access. Your circular economy needs access to the markets people care about, housing, cars, not just stolen phones on moneromarket. But those markets are regulated, so inaccessible to you.

>You really want to deny this?
Look at a chart, all monero does is crab against the inflating dollar, losing value by definition

>bought silver bullion in 1988
So decades of practice at being out of touch

>>59225001
Greed/self-interest is good. Greed gets non-autistic people interested enough to give you the time to teach them about privacy and freedom. Instead of beating them over the head with "moonfag"
>>
>>59225601
Monero will look cool to people, when they have hard to get things under a CBDC system that basically strips people their rights to save up ove a certain amount of money.
Basic things like food and other products that have a CO2 footprint may also be sold under the radar with Monero. This is the point where XMR will get popular and where normies will jump on the Monero-Train.
People don't like to decide between buying the next PS16 or whatever model is out then or going to vacation with their family because of muhhh carbon-footprint.
Meat, Milk, Cheese and alike is also a thing that people will trade under the counter.
>>
>>59226216
Greed is the reason. Greed is why capitalism works better than any other economic system. Appeal to people's greed. Number go up is the easiest way to do that. Offering them savings through tax evasion isn't as effective since they can get spooked about the risks or being a "bad person".

>>59226526
Your entire usecase shouldn't have to rely on the world going to shit to be relevant. You niggers practically jizz your pants whenever someone says CBDC.
>>
>>59226426
Part 1:
>Nice blog, but you have zero clue how how little inconvenience ordinary people are willing to put up with. All kinds of privacy violations are fine if it means not having to download bisq or figure out limit orders on zero liquidity TradeOgre.
I never talked about the "here and now". I talk about times, when people realize their new CBDC is limiting their freedom of movement, travel and right to consume things they always consumed before.

>It's funny, you seem to understand inflation, but whenever anyone says "monero should be going up against the constantly spiraling ponzi scheme known as fiat" you call them a moonfaggot. Just be honest with yourself, you also think monero should be skyrocketing against the USD.
Look, Moneros time has not come yet. That's why XMR is where it is. People also laughed about BTC when i invested huge and understood its time will come. And now, here we are and i have to never worry about money again. I'm not desperate, i can wait.

>These threads constantly treat wanting to make money through appreciation like it's a crime
I personally don't, but with Monero it's a different thing. It is designed to keep miners away that are only out to mine for profit. It is designed to be untraceable, so you can use it as an electronic replacement for cash, it is designed to be paid with, like with cash.

>doesn't matter if access is hard, a medium of exchange has to be ubiquitous.
You can download a Monero wallet program and sync the blockchain or a pruned one and start. Some don't even require you to have the blockchain on your device to start using it. No different than with other coins. Full privacy though (IP-wise) only comes with the blockchain on your device.
Syncing the blockchain from zero to actual state takes two days. Even this is a no brainer.
>>
>>59226426
Part 2:
>It's hard to get for the average person, nodes take forever to sync.
Just take the blockchain files from a friend who has it already. Implement it and let it be checked by the wallet program, then you're up and running in less than 2 hours. A one time unconvenience.
As said, i talk about times, where people are willing to take the needed steps to gain back their economical freedom. I don't talk about sissyland as it is right now.

>merchants don't have a widget they can just plug into an exchange to handle payments for them.
As a merchant, you could use the earned XMR to buy more of whatever you trade with, so you can sell it for XMR as well. A market will occur, when they realize they will lose customers and trade volume when certain things get limited by the goberment.

>Again access. Your circular economy needs access to the markets people care about, housing, cars, not just stolen phones on moneromarket. But those markets are regulated, so inaccessible to you.
I for example, bought an Aston Martin Lagonda with XMR. And i have some farmers here in my region that accept XMR as a payment method. I also found out our local hardware store takes XMR.
I already buy vegetables and other farm produce with XMR. We have a local market here once a week.
I also repaired a several bikes for some of the farmers and they paid me with XMR. I bought the spare parts with FIAT and charged them for parts and repair in XMR. That's by the way another option to get into XMR. You don't necessarily need an exchange.
A typical circular economy i'm talking about here. And this can grow much bigger if a huge portion of people will be in need of it.

>Look at a chart, all monero does is crab against the inflating dollar, losing value by definition
We had this argument already. Moneros time has yet not come anon, when do you start to understand this?
>>
>>59226426
Part 3:
>So decades of practice at being out of touch
No, decades of securing parts of my assets in precious metals so not even a worldwide blackout can reset me to zero.
And it's one more time you admit not having understood how markets work. You never buy precious metals for gains, you buy it as a store of value.
Anon, you really have to learn a lot about this world.

>Greed/self-interest is good. Greed gets non-autistic people interested enough to give you the time to teach them about privacy and freedom.
The first time you posted something other people can agree on.

> Instead of beating them over the head with "moonfag"
I never did so don't put this on me. I accept they exist and we have to deal with it. Have these moonfags destroyed the crypto sphere? To a certain degree they have but they also made me a billionaire. I don't hate them.
>>
>>59225719
Yeah I switched my Ryzen back to XMR today.
>>
>>59226560
>Your entire usecase shouldn't have to rely on the world going to shit to be relevant. You niggers practically jizz your pants whenever someone says CBDC.
Your take is shit because CBDC will come, wether you like it or not. And no, i would prefer a world where i can without being tracked, unproblematically make use of my BTC's i have, i would wish for a world where national borders work, shitskins stay out of my country and where politicians are not coruppt and criminal assholes being locked up instead of rewarded. But we don't live in a fair world.

Sorry NPC, that i'm preparing for things going the way they do. Next life, i promise you to totally unprepared run into every NWO shit they have planned for us. So i stay poor, under their control, end up being a slave to the system.
>>
>>59227004
>It is designed to keep miners away that are only out to mine for profit.
This is wrong and needs to be clarified along with people "mining to help the network". Monero mining is designed to be decentralised. All the incentives are designed around rational actors mining FOR PROFIT.

The thing is that buying or manufacturing a bunch of chips for mining will not be profitable with Monero. This avoids centralisation like with Bitcoin where the most efficient way to mine is to manufacture the best ASIC and make a ton of them to mine with and maybe sell the scraps when you make an even better ASIC. Scale is rewarded so mining becomes centralised.

Monero leverages the fact that people all over the world already own expensive CPUs. This means it should be profitable for people to mine with CPUs they already have but not profitable to buy more to build a big mining farm.
>>
>>59227152
Fully agree, i just didn't want to make my comments even longer as they already are.
I have a several rigs running that mine XMR. But i don't do this for profits, i do it to support the network.
3 X Ryzen 5950X
>>
>>59227188
It doesn't really support the network though. Game theory and for profit miners have that covered. Running a full node with lots of bandwidth is how you really support the network.
>>
>>59226526
There will be no "buying milk under the counter with Monero" as long as cash is still used. Why would the boomers bother with Monero when it's face to face and you can use the cash in any store right away?
>>
>>59227222
Why on earth do think there will still be cash?
>>
File: xmrtalkcensor.png (96 KB, 1149x539)
96 KB
96 KB PNG
Monero Talk is apparently being suppressed by JewTube.
>>
>>59227212
1 gigabit up and down, full node running since 4 years.
>>
>>59227222
Read my comments again.
>>
>>59227291
There you go.

>>59227222
Nice digits btw.
>>
>>59227070
>she doesn’t solo mine WOW on her phone
>>
>>59227188
Do you use static clocks and voltages, or PBO2 undervolt? I found that I can get lower power use and higher clocks thus hashrate through static values since all core workload is expected all the time, and PBO2 wants to give me higher clocks in few threads loads too, so I can't go as low in curve optimizer.
Damn, there's just something fun in mining Monero, too. With BTC it looks like you can only throw huge amounts of cash at the problem, because of ASICs, and here with commodity CPUs there's a bit of tinkering you can do instead of spending more money.
>>
>>59228029
With my 3900x I undervolt it and over clock different cores roughly according to what some program said they're capable of (final stability is the real test). Then an important trick that I'm not sure is as relevant with the newer ryzens is to make fclk and mclk the same value and make it as high as possible while being stable. Then get the RAM timings as tight as you can. I set this up ages ago so might not be remembering perfectly. I get over 15kh/s on my 3900x like this.
>>
>>59196858
Thanks Chad
>>
File: 3422.jpg (39 KB, 1000x500)
39 KB
39 KB JPG
>>59227239
no shit sherlock..
>>
File: file.png (821 KB, 863x959)
821 KB
821 KB PNG
>>59226216
>Really just needs to be about self-interest. Give the average person a compelling reason to jump on the bandwagon and they will.
>
>But what is that reason?

The grey market advantage: consumers get a discount, merchants get a tax cut. Win-win.

Grey markets are fucking exploding in China now for shit like luxury goods precisely because the same item can be had for less, once a consumer realizes this is an option it becomes their default option.
>>
File: maxresdefault.jpg (340 KB, 1280x720)
340 KB
340 KB JPG
>>59226426
>These threads constantly treat wanting to make money through appreciation like it's a crime

Moonfag wants to stoke slack-jawed speculative mania to get his XMR bags pumped, is frustrated when crypto-anarchists, cypherpunks and agorists don't play along.


>Your circular economy needs access to the markets people care about, housing, cars, not just stolen phones on moneromarket. But those markets are regulated, so inaccessible to you.

Niggawut? Grey markets are for regular everyday goods/services that can be sold off the books, not bulky shit that requires paperwork or notarization.


>Look at a chart, all monero does is crab against the inflating dollar, losing value by definition

Because its crabbing today totally means its doomed to be crabbing forever.


>Greed/self-interest is good. Greed gets non-autistic people interested enough to give you the time to teach them about privacy and freedom. Instead of beating them over the head with "moonfag"

kek this horseshit again. The historical record consistently shows that moonfags only care about NGU and cashing out, not spending and radical financial freedom.
>>
>>59228760
I don't know of any Chinese grey market vendors that accept Monero. Replica watches are a big market for example, with vendors like drtime, andiot, ctime, etc. Usually they offer 5% discounts for paying with BTC, ETH, or USDT, but none of them mention Monero.
>>
>>59229293
Same is true of other luxury goods, like replica handbags. Hermes Heaven (top handbag vendor) takes Bitcoin for their replicas but don't mention Monero.
>>
File: EnjoyYourIRSAudit.jpg (479 KB, 1438x810)
479 KB
479 KB JPG
>>59229293
>Usually they offer 5% discounts for paying with BTC, ETH, or USDT, but none of them mention Monero.

>>59229332
>Same is true of other luxury goods, like replica handbags. Hermes Heaven (top handbag vendor) takes Bitcoin for their replicas but don't mention Monero.

All those are currently easier to acquire than XMR due to being available on literally every exchange. Its also why BTC still hasn't been fully phased out of the DNM economy yet, easy access to Monero remains a stumbling block but its clearly understood that once Monero's liquidity has sufficiently improved BTC will be shitcanned for good, at that point there's no good reason to risk touching it.

Ergo the importance of on-boarding solutions like Haveno and especially Serai. Sneakernet (selling paper wallets) will also become a thing eventually.
>>
>>59229365
Okay the consensus is Monero will become popular or will become more accessible in two weeks once CBDCs come or people realize what CBDCs are or serai is a thing, but what if they don't? Atomic swaps were supposed to be a magic bullet but that fizzled. Kinda the same with haveno so far. During the freedom convoy in Canada truckers got their Bitcoin wallets seized, everyone should have realized Monero was superior, but no one cared so business as usual. Now we got Trump and Elon wanting to deregulate crypto and push Bitcoin, so what if people just don't care? Apple pay and credit cards track you and everyone loves them. Why should normies want to use Monero right now?
>>
File: file.png (75 KB, 1175x679)
75 KB
75 KB PNG
>>59229561
>Atomic swaps were supposed to be a magic bullet but that fizzled. Kinda the same with haveno so far

Atomic swaps are the gold standard for trustlessness but not for UX, liquidity pools are superior in that regard and you can expect Serai and its forks to dominate the XMR swaps space.

>During the freedom convoy in Canada truckers got their Bitcoin wallets seized, everyone should have realized Monero was superior, but no one cared so business as usual.

Its a process, not an event.

>Now we got Trump and Elon wanting to deregulate crypto and push Bitcoin, so what if people just don't care?

People in general don't care about crypto, interest in BTC peaked in 2021 and has fizzled out since then, current ATH notwithstanding. The novelty has clearly worn off and other than insufficiently blackpilled moonfags, nobody will be buying crypto in future.....unless they're forced to.
>>
Test. Fucking automod won't let me reply to the rest of your post.
>>
PayPal. ApplePay
>>
>>59229843
>Apple pay and credit cards track you and everyone loves them. Why should normies want to use Monero right now?

They shouldn't, they don't see themselves as victims of surveillance or debasement so there's no compelling reason for normies to use Monero. HOWEVER. They can and do use Monero when they're forced to do so. For example, virtually all of the people shopping on DNMs are normies who otherwise don't give a shit about crypto, they only think about XMR when its time to go shopping for more blow again. If it was up to them they'd be using PayPal, you still see them complaining about the lack of BTC acceptance since BTC is still easier for them to acquire.
>>
>>59229927

Now expand that paradigm onto a global digital grey market where countless bargains can be had but not without first installing the Tor or I2P browser and acquiring some XMR
>>
FUCK OFFFFFFFFFFFFF
>>
File: file.png (36 KB, 1217x201)
36 KB
36 KB PNG
OK, I give up, this nigga is straight up retarded.
>>
File: Capture.png (101 KB, 1072x510)
101 KB
101 KB PNG
>>59229927
>>59229843
Who cares what they should think? All that matters is what they do think and what they will think. If I had a dollar for everything that should have happened but didn't I'd be richer than Elon.

And at best google trends shows positive growth in interest, not absolute interest. People who already know about Bitcoin don't search Bitcoin on google. Actual discussion increased from 2021 until Twitter killed their API, but is probably higher even now with congress, trump, elon, and probably the future treasury secretary being on board. I don't buy the blackpilled "normies just don't care" take.

Sure I can find bargains through haveno, tor, or i2p but it's ass UX. I end up getting cheap gray market shit on the clearnet more easily. Zoomies don't even use computers now, just phones. If they could use a phone app to paypal themselves some monero it'd be good, but even localmonero is gone now. If kraken goes it's probably game over. Better option would be to take advantage of the new administration and pay the right people to get sanctions lifted on Monero. Making a CCS for a PR campaign to get regulators off Monero's back would be way better than yet another niche exchange no one uses.
>>
>>59230037
It's like gun control. Even if two guns function identically but one has a wood stock and the other is black composite, people will be scared of the black one and it's getting banned. Drop the whole "fuck the feds, tax evasion, drug markets, circular economy" line and go for the getmonero.org approach. "Monero is for everyone, everyone deserves privacy even when buying milk", make the UX for view keys and multisigs way more simple, keep it clean until you have enough normie supporters that you can't get delisted.
>>
>>59228029
I never really changed settings on CPU or memory clock. Nor did i ever hassle with the voltage or so.
Since i never did overclocking, i didn't want to burn something up, so i left it as is. But i heard that people fiddeling with it, got about 10 to 20% higher hashrates.
But thats just what i heard. If it's really true and how stable these setups run, i don't know.

I have considered updating to a Ryzen 9 based rig, but the old ones run well and i barely need to do something.
I run them on fluid cooling and since i wanted it to be almost carefree, i decided to go for Shimanos hydraulic oil instead of water.
It's not hygroscopic and can handle high temps very well since it's used in Shimanos disc brakes on MTB's and Road Racing Bikes.
As a reservoire, i use a 5 Liter milk jug that i modified.
>>
File: 1728497020517527.webm (2.89 MB, 480x480)
2.89 MB
2.89 MB WEBM
>>59230037
>Actual discussion increased from 2021 until Twitter killed their API, but is probably higher even now with congress, trump, elon, and probably the future treasury secretary being on board. I don't buy the blackpilled "normies just don't care" take.

lol go to any normie space, online or off, and mention BTC, the sentiment is overwhelmingly negative now that the first association with crypto is FTX-tier rugpulls and assorted shenanigans, not to mention because every Bitfag a normie encounters these days keeps trying a little too hard to convince them its a sure thing. Total strangers trying to help you get rich = red flag city.

Bitfags cope by telling themselves "we're still early" but the vibe is definitely different now, no more Superbowl ads or celebrity endorsements, biz is half-dead in the middle of an ATH bullrun, we're running on fumes here.

>I end up getting cheap gray market shit on the clearnet more easily.

Sure, until the merchant running the operation finally gets tired of having his domains and sites seized and decides to set up shop exclusively on the darknet where he can build a brand and reputation without such interference.

>If they could use a phone app to paypal themselves some monero it'd be good, but even localmonero is gone now. If kraken goes it's probably game over.

Horseshit, the liquidity pool approach Serai uses enables easy instant swaps with zero KYC, it will become the industry standard.

>Better option would be to take advantage of the new administration and pay the right people to get sanctions lifted on Monero. Making a CCS for a PR campaign to get regulators off Monero's back would be way better than yet another niche exchange no one uses.

lmao are you seriously suggesting we lobby the gubbermint to "plz leave us alone?" Is this what crypto has become now? Cypherpunks begging for fucking mercy?!

Whatever happened to "muh censorship resistance?" Cringe level is off the scale.
>>
File: 1710568251489473.jpg (718 KB, 1024x1024)
718 KB
718 KB JPG
>>59230100
>It's like gun control. Even if two guns function identically but one has a wood stock and the other is black composite, people will be scared of the black one and it's getting banned. Drop the whole "fuck the feds, tax evasion, drug markets, circular economy" line and go for the getmonero.org approach. "Monero is for everyone, everyone deserves privacy even when buying milk", make the UX for view keys and multisigs way more simple, keep it clean until you have enough normie supporters that you can't get delisted.

lol normies aren't scared away by any of that, they've been happily buying drugs on the darknet with crypto since 2011. And they will continue happily buying drugs and other items on the darknet with crypto, er, XMR provided they have a compelling reason to do so.

Therefore, we don't need to shill Monero itself, we just need to shill the Monero economy, shill relevant goods and services and let rational self-interest do the rest.

Best part is, this approach is totally permissionless.
>>
File: 1711284591993551.png (203 KB, 600x595)
203 KB
203 KB PNG
oh shit we pumpin?
>>
File: laundry-day.jpg (539 KB, 760x1000)
539 KB
539 KB JPG
>>59230875

Shit happens.
>>
>>59230745
>don't need to shill Monero itself, we just need to shill the Monero economy, shill relevant goods and services and let rational self-interest do the rest.
Agreed. Fuck moonfags, hate them all so much. I would be willing to start a grey market business myself but wouldn't know where to begin. Maybe xmrbazaar?
>>
>>59230875
>>59231931
No matter how many times they try to sabotage xmr, monerochan still finds a way
>>
File: 1609611194116.jpg (86 KB, 624x850)
86 KB
86 KB JPG
>>
File: 1635039685285.png (84 KB, 742x742)
84 KB
84 KB PNG
>>
File: 1610835970675.png (361 KB, 967x1280)
361 KB
361 KB PNG
>>
Do I need to run my own node to mine monero? Can I mine on ARM devices? What are the bandwidth requirements?
>>
>>59239248
No.
Yes.
Low. (A few MB per day IIRC)
>>
>>59239248

Newer phones actually mine quite well.
>>
File: 1632715946338.jpg (1.1 MB, 1920x1920)
1.1 MB
1.1 MB JPG
>>
its over
>>
>>59243568
zold?
>>
>>59243568
No more cheapies for me, ve, malgxoje.
>>
>>59244581
One day this will be true. Sanity can be denied for only so long. Monero's time will come.
>>
Anybody tried the new cake offline wallet? I still use feather but I might switch if it's as good.
>>
>>59246327
Im lovin it.
>>
>>59241500
let's go moneroooo!!
>>
>>59243568
>tfw $150 stablecoin
>>
I got banned from HodlHodl today, right after creating a account and setting a 2FA on it.
I created the account and was banned within minutes.
Can anyone recommend me a good P2P exchange? I'm tired of Bisq resyncs.
>>
>>59248682
https://haveno-reto.com

Since you are already used to bisq, why not give reto a try? Unlike bisq, it currently has 0% fees. Also already 2k xmr on the books right now and nearly 2k completed trades.
>>
WOW ! Such pump.
>>
File: 1728228566543043.jpg (155 KB, 800x1213)
155 KB
155 KB JPG
>>59249790
Maybe it's time for a separate thread?
>>
File: wownero.png (18 KB, 250x250)
18 KB
18 KB PNG
>>59249790

Much mooning, very soon
>>
File: maxresdefault.jpg (85 KB, 1280x720)
85 KB
85 KB JPG
Nothing we don't already know but its nice to have confirmation: Mexican narco cartels are using crypto to send US profits back home.

>Fifteen Defendants Charged in Operation Targeting Conversion of Bulk U.S. Cash Proceeds from Drug Sales into Cryptocurrency for Mexican Cartels

MIAMI – A federal grand jury in the Southern District of Florida returned a superseding indictment yesterday charging nine individuals for conspiring to launder U.S. currency into cryptocurrency on behalf of drug cartels in Mexico and Colombia and for the operation of an unlicensed money transmitting business.

These recent charges are the result of a law enforcement operation that uncovered a network of black market cryptocurrency launderers and unlicensed money transmitters. The same investigation has resulted in the conviction of three individuals and charges against an additional three individuals.

According to the superseding indictment, between 2020 and mid-2023, nine defendants and their co-conspirators worked together to pick up bulk cash, derived from drug sales in various cities throughout the United States. They would then coordinate to exchange the cash for cryptocurrency that was sent to wallets controlled by the defendants or their co-conspirators. The cryptocurrency would then be converted into cash and delivered to cartel leaders in Mexico and Colombia.

https://www.justice.gov/usao-sdfl/pr/fifteen-defendants-charged-operation-targeting-conversion-bulk-us-cash-proceeds-drug
>>
>>59250774
So either organized crime isn't using Monero like you claim or they are getting caught despite using Monero.
>>
File: MoneroMafia.png (1.31 MB, 1060x1205)
1.31 MB
1.31 MB PNG
>>59251646
>So either organized crime isn't using Monero like you claim

We already know cartels are using XMR.

>they are getting caught despite using Monero

More likely they're still using surveillance coins with easier off-ramps. Natural selection will do its thing, the more they get burned the sooner they'll learn.
>>
>>59252099
It's been a decade. Organized crime is supposed to be the cutting edge. If the cartels haven't adopted Monero then it must be because the costs outweigh the benefits.
>>
>>59252390
"Cutting edge" is a loose term and I'd be very surprised if Mexican criminals were genuinely cutting edge at anything.



[Advertise on 4chan]

Delete Post: [File Only] Style:
[Disable Mobile View / Use Desktop Site]

[Enable Mobile View / Use Mobile Site]

All trademarks and copyrights on this page are owned by their respective parties. Images uploaded are the responsibility of the Poster. Comments are owned by the Poster.