Sup Monero senpai, feeling comfy? This daily general is for supporters of the cypherpunk ideology to hang out and help noobies learn about Monero, the most fungible cryptocurrency. We believe that Monero is the logical continuation of Bitcoin because it offers superior privacy, leading the way to many potential use cases. Discussion points include rising Dark Net adoption, news articles about Monero, daily transaction totals, and new technology updates to the Monero project. Moonboy posting is discouraged, however price speculation and TA is fine.
>a whole general for a billion dollar cap coin that mooned ahh I remember when I was new and naive
Oliver Myers
News: Transactions Per Day - See pic related. After last week's pull back, we have recovered nicely this week and have held in the 12.5 thousands/day range. Current transaction totals seems like we should hold that amount through today as well. XMR Added to largest Iranian exchange - pro.exir.io/trade/xmr-irt Dr. Sarang Funding request -- ccs.getmonero.org/proposals/sarang-2020-q3.html Most of us don't care about the price in the short term. We use Monero because of its privacy features, and we think there is usecase potential in the future as currencies continue to go digital. Monero is on track to take over the dark net, and the rising transactions over the past year is parallel to the current second largest dark net market place (whm) that is monero only.
>Most of us don't care about the price in the short term.
This, I use Monero as a proxy Bank account. I've visited Venezeula many times and seen Hyperinflation first hand. I'm not concerned with the price and I'm not a Moonboy. I use Monero as a hedge against the USD/GBP.
Ethan Thompson
what's the electrum wallet of monero?
James Powell
mymonero and cakewallet are popular.
Julian Roberts
can you repost this again but to a brainlet
Luis Robinson
off by one mymonero is good
Owen Young
Monero is literally freedom From govt taking your assets From govt degrading your assets through inflation From work if you buy enough and hold I love this shit
Leo Wright
And now you're old and still naive.
Maybe you're right, the coin mooned and it's not going to grow beyond its current role as the currency of choice for illegal commerce. But it's my belief that it also has the lowest downside risk of any coin in the entire market. Even if the wild ideas and decentralized utopias promised by so many blockchain projects all go up in smoke, even if Satoshi Nakamoto himself returns from exile with the message: "blockchain was a mistake", even if bloodthirsty permabears roll up raping and pillaging today's biggest projects and any other shitcoins that dare cross their path: even in that world, Monero keeps chugging along. Why? People need it. It actually solves a real problem that people have *right now*, and it does it best. Darknet market operators and big vendors are risking their free lives by operating, and they choose Monero. Even if all of crypto appears in danger from a horrible new bear market, they're not going to sell it off, stop using it, and move their money into some other asset. Because they aren't speculating on Monero with spare shekels in the first place, they're betting on it with their lives.
And that's just considering risk, what about potential? You could easily be wrong about Monero having already mooned. It's quite possible that Bitcoin true believers will one day figure out that all the beautiful potential they see in their coin, the promise of secure, decentralized, censorship-resistant money, is fully realized only in Monero. and that their leadership is far too crippled by politics and selfish interests to address Bitcoin's problems. Should that ever happen, you'll have to reevaluate what "mooned" looks like.
(I guess this is more of a pep talk for my Monero bros, since I doubt the low-effort shill I'm replying to will bother reading.)
