Monero is anonymous internet money. Unlike all other coins, nobody can see what's in your Monero wallet, not even the government. Thanks to this property of fungibility, among others, Monero is the only crypto that can actually be called sound money, comparable to physical gold.Easiest way to buy (de-listings can't stop us):>have any crypto>swap on trocador.appIf you care about anonymous/fungible/private digital money existing at all, stack as much monero as you can. If you care about financial freedom in general, stack monero. This will raise the coin's security budget. You can also easily mine on a CPU. Monero has the most active economy in crypto. For example, you can buy and sell goods and services on XMRBazaar.com. Invest in your financial freedom! Become a part of it.Info dumps:https://pastebin.com/raw/0AxVPSrahttps://moneroinfodump.neocities.orgPrevious thread: >>60881462
Only scammy grifters compare crypto to gold.
>don't buy moneroand what if... i did it anyway? sorry i'm addicted to financial privacy.
>>60912250>>60913997I am mostly interested in it related to McAfee's possible deadman's switch on the ETH chain with WHACKD token and bzz.He preferred Monero, but decided on ETH for this project.Would consortium chains or a different type of decentralized system been a better choice?How about decentralized apps etc? Could it have been integrated with the existing Monero architecture in some way?
>>60914938based OP no need for disclaimers
>>60914938>Monero has the most active economy in crypto.It won't if people just stack it as you recommend
any news on fcmp++ integration?
>>60915020That's only because other cryptos don't actually compare to gold. But if I wanted to really have sound internet money, why would I not compare to a form of money considered to be the closest to ideal?Full self ownership: CheckStorable&Durable: CheckPortable: CheckScarce: CheckLow predictable inflation: CheckDivisible: CheckVerifiable: Check*Private&Fungible&Uniform&Homogeneous: Check...Also LMAO at pic related. Fungibility is the first item and all other crypto fails it:>Trying to use a non-fungible good as money results in transaction costs that involve individually evaluating each unit of the good before an exchange can take place. Cue Bitcoiners having to check the AML/KYC of coins they accept. Actually even precious metals suffer from this a bit in practice because they have to be evaluated as not fake. Monero is better than both here. A meaningful step forward in money.
>>60915103They won't. Also uh oh looks like the bakecel gets some roasting too.
>>60915156>Only works if it's used in the future>OP only asks us to stack itThanks for proving me right!
>>60915144You've been sperging about the recent attacks and now suddenly when it's convenient Monero is super durable? Meanwhile gold has thousands of years of pedigree.Comparing gold to Monero which is barely 10 years old is laughable. That's Bitcoiner maxi cope because Bitcoin turned out to be defective as currency so they pivoted to the digital gold meme.
XMR mining should be profitable.
stablecoin
>>60915198>OnlyIt’s the retard who can’t think outside retarded absolutes again.>>60915223Durable as in it doesn’t go bad with time, like how gold doesn’t rust. No shit gold has a thousand year pedigree. Monero is the closest thing that’s native to the internet. Bitcoin fails even as that because physical gold is private. I’m not making some last ditch store or value argument because nothing else works. I also think gold should be a commonly accepted legal tender. And of course Monero is actually usable as a currency thanks to the same privacy (and superior verifiability) as gold.
>>60914938monero stalls... gold explodes... the openborder world is so safu now, so safu that new gs dont even touch anon-crypto, use gold instead...
>>60915813>OP totally doesn't represent stacking as more important than spending it
>>60914938Tested Retoswapthe other day and was pleasently suprised.
>>60915043Ethereum has smart contracts. Basically the ethereum network is a universal virtual machine that has shared state. So imagine a computer that everyone runs and you can look up the value of a variable at a specific memory address. When you write a smart contract you are deploying a program on that vm. You can then have money tied up in those programs. Basically really abstracted programmable money. >>60915043>Could it have been integrated with the existing Monero architecture in some way?There are multiple implementations of eth atomic swaps currently out there. Hardest part is making it gas effective since the onchain math for cross curve math is expensive and onchain. >Self promotion Started looking at an adaptor signature and zero knowledge proof version of this. Basically a monero swap with eth is basically a ticket stub and a withdraw voucher. Those could even trade separately and use the same liquidity pool
>>60915103>nobody gives a shit about their own investment and will abandon the community after putting large amounts of their wealth in the coin
>>60916235>Basically really abstracted programmable money.I’m still waiting on a solid usecase for ETH. It just seems like everything ETH does winds up going off its chain onto either another blockchain entirely (HYPE) or various L2s. There will definitely be a heavy push soon for consortium chains as all big banks get their own stables.I don’t understand why the world needs a public decentralized computer to any large extent. Compute is siphoned off into various silos for many important reasons. A money system is an obvious match for a decentralized ledger. Compute is not.
>>60915119it's delayed because you didn't buy enough monero
>>60916235Can you share exact prompts to get Monerochan? I tried QWEN image and ChatGPT but she doesn't get as accurate
>>60916646thanks
>>60916779glad i could help
Is there any point in jumping through hoops to get XMR "anonymously"? I just want to pay for jmp.chat.
>>60916892If you're not a schizo drug dealer that launders money id say no. Just buy some xmr and use how you want.
>>60916349>If you really care about XMR you'd not spend it right now but just keep it Oh I'm sure that'll just build a lot of outside interest in our project. Why would people who are potentially interested in the XMR economy come to us if we don't use it or should we just tell them to wait a few more years to see some use cases?>>60916892If it's a transaction you actually don't need anonymity for and if you don't suspect XMR becoming illegal in your country then it personally won't matter to you, however you'd increase the anonymity set for the users who need/want the anonymity. Also you'd incentivize more vendors/exchanges to offer anonymous ways to trade XMR to you.
>>60917059>Also you'd incentivize more vendors/exchanges to offer anonymous ways to trade XMR to you.Again he and his power of positive thought that's supposed to counteract natural market forces and change how the world works.
>>60917064>Using XMR makes it less attractive for people offering services regarding XMRThank you for your contribution
>>60916892Simple answer: noMost people just buy crypto on a kyc exchange to swap for Monero. Once you're in Monero you're good
>>60916375>I’m still waiting on a solid usecase for ETHhttps://fomo3d.net/
>>60915274Your mom's mining should be profitable too.
>>60916892Just buy xmr, wait a few hours/days, and then send it to your own sub address (preferably in random chunks of the total and at random time intervals if you're feeling extra paranoid)Washed, cleaned, and completely anon
Can I have some feedback on this from you?https://rentry.org/monero-guideI wanted to write a little introduction to xmr for normies (mostly friends). I focused on the idea of Monero plus on trying to make the crypto scam scarecrow go away. Any input is appreciated
>>60919996Have they been burned by NFTs and crypto scams? If so fungible will probably only ring bells regarding bad monkey pictures. I'd also highlight the word 'anonymous' as that will be seen as a good thing. The worst aspect is that you're making them visit another website to see how to use it. I'd include a small step-by-step picture guide and a direct link to the downloads (your links in general are weird, one is formatted like in-line code, the next is a regular hyperlink, the one after that is a hyperlink with an arrow emoji before it). Those who care about privacy will be attracted immediately but might assume it's hard to use, that's what is keeping a lot of people from using other privacy respecting software. But the biggest question for me is why you're not just talking to them about it. Imagine a friend said 'Oh I have some cool thing here' and instead of explaining it to you just sent you his website explaining it. That makes it feel more like a marketing pitch than an actual personal recommendation. Every person will care about something else so it'd be easier to adjust what you're saying to that person. Some only want to be their own bank, some want to have privacy, some only want drugs and security. That's why a one size fits all approach often isn't very effective.
>>60920074Thanks I will fix those soon. Normie friends are burnt by those things yes. Also I can of course explain them, but some farther acquaintances on social I don't know directly may benefit from a reading
>>60920074>not buzzword maxxingPrivate & Anonymous & Fungible & Uniform & Homogeneous
>>60920089>Normie friends are burnt by those things yes.Then 'fungible' and 'crypto' will both be harder subjects to portray positively. I'd assume that most normies haven't even heard about the word fungible before NFTs were around since that's basically not a concern with fiat. >but some farther acquaintances on social I don't know directly may benefit from a readingI'd drop that later. After you've talked to them for a bit I'd go 'Oh by the way I have an introductory article written about Monero if you wanna read up on it a bit'. >>60920114Being concise is good. That's why we use common terminology instead of having to explain every attribute with multiple sentences.
>>60919996Keep in mind that normies are radical centrists at best. >it is a guide to freedom This is too broad of a concept for normies, and makes you sound like those looney libertarians they saw on tiktok. Maybe try 'it is a guide to financial privacy' or something. And at the very end: >defend it. Smells of radicalism which normies don't participate in. Delete it imo. >>60920114>uniform & homogeneous Good synonyms to avoid using 'fungible' around normies.
>>60919409Send it all at once. Too many of you spastics want to make things harder purely to larp.
>>60920769What is a radical centrist?
>>60922340someone that would kill to keep things from changing
>>60916235>Basically really abstracted programmable money.Is that the best way to do a McAfee style deadman's switch? I see some potential use cases for this idea of a global computer or a distributed vm with a shared state.I don't know enough about consortium chains etc to know if there are better alternatives though
code
https://xcancel.com/FiatDemise/status/1965545052291375561Uhh...is this as based as it looks?
>>60921670>take optional advice as the required stepsWho's spastic here?
>>60914938How do I cash out Monero? How do I sell it?
The bakecel OP boss has been slain, but now these threads are slowing down. We need to rediscover our purpose here. For a while it was arguing with the bakecels, but they appear to be in full retreat.What is our first order of business now that NGU is a fully accepted element of the future of Monero? How do we evangelize and promote saving XMR? What art should we produce? Who do we strategically shill to?
>>60923075It's bad advice.
>>60923111To me, this is about the mindset change, not so much a "strategy". As long as bakecelibate is not actively promoted, we've done our part and can continue posting as usual.
>>60923111Checked. Could we get XMR adopted by public transportation ticketing systems? Do we have any connections there?
>>60914938>>60915022Don't buy Monero! Mine it!
>>60923111>Confirms that moonfags were solely motivated by arguing with the original monero squad >Thinks we need constant engagement>Doesn't have any idea what to doThanks for confirming everything I said about your kind >>60923195Any adversary that can see n XMR enter and exit the system won't have a hard time connecting the two purchases. So if the purchase of XMR was done in a non-anonymous way they can easily tie the activity together. The only things that could stop this is if the amount of XMR you bought was way higher than what you have used XMR for with lots of price development. It doesn't really matter for jmpchat though.>>60923234Buying it is fine, mining it is more important. There's no reason to think just doing either will save Monero.
>>60914938>>swap on trocador.appIs this cheaper than things like changelly? They had high af fees which made we run away!>>60923234I dont think I have a computer powerful enough to mine the shit. Wish I could.
>>60914938>kike tells you don't buy cigarettes!1!1!>hot girl asks you for cigs and to suck your dick after feeling your hard abs from working out between successful shorts>doesn't have cigarettes>yeah well I'm not an easy girl, bye>lineage ends right therengmi
>>60923498>I dont think I have a computer powerful enough to mine the shit. Wish I could.Monero was precisely designed to be as easy to mine as possible. You just need a CPU which you already need to have to access the internet.
>>60923082Anons? Anyone?I love the idea of a private inflation resistant store of value. But it's useless to me if I can't turn it back into fiat to pay my mortgage or buy food.
>>60923529I have a ryzen 9 on my main PC and some Intel joint I got in my spare PC I built in 2017.
This coin is dead in the water bros
>>60923594What caused it? Its how I do buisness!
>>60923082>>60923571-do the opposite of what you did to buy it-use a cex/dex/swap service to sell for a crypto that you already know how to cash out of-buy gift cards-use retoswap to sell to strangers on the internet
>>60915144Gold is a commodity. It is a thing in itself. It's both a product and raw material. Something crypto isn't and will never be.No one knows whether or not anyone will remember Monero in 100 years whereas it's not even a question with gold or other precious metals for that matter. Meanwhile Monero is only as durable as the network is.Fiat also has most of the properties you listed. You can hoard cash under your matress, store it almost indefinitely, move it around, divide it (if you have change), verify it, etc. Since Monero is not a commodity it is much closer to fiat except it's not based on debt like most fiat is nowadays and there is no crazy inflation. This is not a necessarily a bad thing. It's what makes Monero convenient.
>>60923588You can definitely mine with both. I'm unsure if the pastebin of this fake and gay general has more mining info linked considering they hate mining and miners but if you're curious you can find more on the github page for p2pool>>60923628Don't worry about him, he's just a shitposter
>>60923571Retoswap- trade it for cash, zelle, prepaid visa cards(cakepay/coincards too)
>>60923648thisthe "legal" way if you wanna declare some amount within salary range>change xmr to other crypto like usdc/btc/... on exchange>send to a wallet like coinbase>withdraw to bank account>claim profit as part of income for that yearit sucks to pay tax but your source of income will just be a "coinbase" payout that you give to your accountantliving on giftcards is not worth the time and effort unless you're really just scraping by in life
>>60923111>What is our first order of business now that NGU is a fully accepted element of the future of MoneroA bake sale, but unironically.The bakecel dynasty was casted out because of their rigid ideals about NGU. We'll suffer the same fate if we don't buy/sell cookies on xmrbazaar every now and again.
>>60923888Aren't you at the mercy of other users as it doesn't seem to be an automated process?
>dont buy monero!>mine it at loss!>use it only to buy drugs!>why there is no adoption?
>>60920769>>60920074https://rentry.org/monero-explainedChanged it up a bit. What do you think?
>>60924179Looks good. Maybe add a link to xmrbazaar?
>>60923858did you tried mined solo? I can't find info on what is best hash rate for solo... pool is gay since they locking min amount that can be wired to your address
>>60923858>>60924527>github page for p2poolOkay.... I can see that p2pool not so gay as other pools and looks like doing payout as soon as it finds block... so I need to test it.Previously I was testing top pools and you have to wait friking days to get your rewards (at least in my case)
>google best coins for payments>scroll through irrelevant shill articles>oh, finally something I'm looking for!>what do we have here... bitcoin, xrp, xlm, bch, usdc, usdt, fucking bnb lol>monero not mentioned in any of the relevant articlesThat's right! Monero is a bad investment, but also a bad currency! Don't buy monero!
>>60923858>they hate miningBut I was told by all the leftists on this board xmr loves minors?
>>60924527Mining is not profitable for most people in the US, EU, Canada, Aus at this price point unless you have a botnet or spare space on a server farm. The price needs to go up for it to be profitable; otherwise, it makes more sense to just buy it.Buying it raises the price and restores incentives to mine.I fully support Monero, but there is an issue with the mining incentives.
Personally, I am hoping the price stays down long enough I can buy some more coins; should be an easy doubling of my money. RetoSwap is goodThere is also the short seller issue with Monero; I believe many of the major institution and custodial wallets are short selling monero (selling coin they don't actually own) this artificially devalues the coin unless something causes a squeeze, in which case it spikes massively
>>60926233Doesn't seem like it happens at a big scale. Last time monero had a short squeeze event - the bybit hack - nothing happened. Nothing ever happens.
>>60924433Done! Thanks for the input
>>60926258You would need some sort of major information leak or scandal that caused people to demand transfer of the coins from custodial wallets to their own self-custodial wallets.Until that happens, the short sellers will keep selling coins they do not have. short sell, artificially remove demand causing price to drop, then pay buy the coins to back it if the price drops enough below the original selling price. If not, try to short sell more coins to artificially depress the price further. Doesn't change the fact that it is almost certainly happening.
>>60926296>short sell coins you don't have until the price goes to zero>infinite money glitchI'm glad they don't abuse it all the way through out of the goodness in their hearts.
ACK!
I'm not going to link his post because bakecels don't deserve (you)s.But I find it really encouraging that bakecel OP was up to his usual antics earlier today and NOBODY responded to him. I think that's the right approach now that he's in full retreat. Just pretend like those agorist faggots don't exist. They're entirely irrelevant.
>>60926336>out of the goodness of their heartsAre you retarded? They don't control the whole market and they can't short sell to self-custodial wallets.This is a very common scheme with BlackRock and the big banks on Wall Street.
Charlie Kirk didn't kill himself
>>60927403You must be retarded if you don't understand the sarcasm. What difference do self-custodial wallets make when almost all of the trading happens on the exchanges? Exchanges might organize into a cartel and drive the price to as low as their withdrawal limits allow. Yet it is not noticeable.
>>60926998>They're entirely irrelevant.>>60923111>We need to rediscover our purpose here.Pottery
How do I confirm the arbitrator and counterparty are not the same entity when swapping on reto?
MOONero
>>60924179I think it is readable and clear. Could be an addition to /XMR/ post description from now on.
>>60928691BOOBero
Don't let Monero be destroyed by communists.
wash
For the RetoSwap fags. Is it normal all offers are like 7% more than market place? Is it because I am supposed to make a buying offer? At that point a CEX is more convenient in terms of pure money.
>>60930123Well considering anyone selling their XMR is more than likely getting tainted and illicit coins/cash in exchange and taking on the risks associated with that, so the 7% premium seems very reasonable.
>>60928364I'm assuming there's no answer to this question and the reality is that Haveno is nothing more than a glorified trusted escrow platform masquerading as some holy grail of trustlessness and unruggability.
>>60930123the good offers get taken quickly, you should post your own ones if you want better rates. if you set your offer to overpay by 1% it should get taken very quickly>>60928364no deposit offers have a passphrase that's required before you can take them, make a PR to haveno that expands that option to normal offers>>60931357its multisig escrow and the specific risks this brings have been discussed quite a lot and the devs are working on reducing these risk wherever possible. nobody is presenting it as a holy grail of trustlessness, that's just not possible on a technical level if you want to enable fiat trades. In any case, it beats using CEXs.
>>60931441This answer seem more reasonable than the other autistic. I will just do that
>>60931441>no deposit offers have a passphrase that's required before you can take them, make a PR to haveno that expands that option to normal offersWhat does this have to do with me having to put full trust in the arbitrator not also being the swap's counterparty? It is impossible to prove they are not the same entity. Now since I have to fully trust the Retoswap team not to fuck me over, why even bother with all this faux """non-custodialness""" and meaningless multisig wallets, when we could just rely on the Retoswap team as a trusted escrow directly without all the bullshit. The security guarantees are exactly the same.>nobody is presenting it as a holy grail of trustlessness, that's just not possible on a technical level if you want to enable fiat tradesYes, it's not technically possible, yet you have "NON-CUSTODIAL" as one of the first things you see on retoswap.com. You have no way of proving that it's non-custodial - if there is a 2/3-multisig and the counterparty controls two keys, then by definition I am giving the counterparty full custody of my funds. At the very least the real nature of Retoswap should be made much more clear, since all I've been seeing is a huge amount of shilling for Retoswap and how it's supposedly unruggable.>In any case, it beats using CEXs.I wonder if you'll be saying that when the arbitrators inevitably rug the liquidity, freeze your funds, or they suffer from a """hack""" (totally not an inside job).
we are so fucking back
>>60914938Wen moon, this shit keeps being red
>>60914938Where can I buy?
>>60931752Yes
>>60914938>don't buy monerofuck you nigger OP. people should buy and stack monero if they wanted to.monero is for everyone, not only for larping edgelords.Accumulation of wealth is the basis of capitalism, you and other retards recommend spending monero as soon as possible and i'm starting to smell a dirty communist rat.Buy monero and use it as a savings account.
>>60931906this is actually an official initiative to incentivize people to actually buy it by telling them not to.
>>60931961People at the time predicted that retards wouldn't get it.
>>60931729Maybe create a github issue or post it on their xitter instead of concern trolling on /biz?There's a couple of articles/forum posts out there that bring up your concerns yet no one seems to be doing the needful. For what it's worth bisq had the same issues and solved it with their DAO, which i don't see happening in monerostan
>>60931752retoswap- downlaoded program for p2p dextrocador.app for crypto-crypto swaps online, tor accessible
>>60931729>The security guarantees are exactly the same.wrong. the trade is entirely p2p as long as you don't need arbitration. if the arbitrators vanish, you can still always pay out the multisig by working with the other person. legally it's also different because the arbitrators don't take custody over your funds.>It is impossible to prove they are not the same entity.The worst case with a passphrase offer is that you get rugged on exactly one offer. After that everyone knows the arbitrator is malicious and they can kiss their network goodbye. At some point they should earn enough from trade fees that it makes no economic sense to ever attempt something stupid.>and the counterparty controls two keysassuming normal operations, it is not custodial>inevitably rug the liquiditywould be pretty stupid to rug your money printer. trade volume scales much quicker and higher than offers on the book, with enough volume youd be loosing money by going for the offers. passphrase offers also protect against this because it massively reduces the amount of offers you could get away with.you're concern trolling "hurr durr it's not literally perfect" when it is the best option available for fiat <-> XMR trading, vastly superior over all the others in terms of privacy and security.
Threadly reminder that a 'finality layer' is not needed.
>>60933325>it's literally not a problem bro>bro just wait for a day to be absolutely sure that the transaction is finalNot defending the finality layer, but this point of view is retarded.
>>60932326>would be pretty stupid to rug your money printer.Yet CEXs rug their "money printers" every day>trade volume scales much quicker and higher than offers on the book, with enough volume youd be loosing money by going for the offers. passphrase offers also protect against this because it massively reduces the amount of offers you could get away withYou clearly do not understand the problem, so let me spell it out for you>be reto admin>see $10M in XMR liquidity provided by makers>set your bots to be the network's arbitrators, remove others>use bot to take all offers on the orderbook>use arbitrator and taker keys to get control over the makers' funds>piece out with $10M worth of Monero
