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.
The weekly KDJ is about to cross for XMR and BTC. the large-cap currency market is in for something soon, though I don't think it will impact tokens the same way.
Daniel Wood
which shops support xmr?
Aiden Morgan
there's a link in the OP. alternatively, you can use the service xmr.to if you want to send monero to a vendor but they only accept Bitcoin. xmr.to auto swaps the Monero for Bitcoin.
"I think that the only effective defense against the coming surveillance dystopia is one where you take steps yourself to safeguard your privacy, because there's no incentive for self-restraint by the people that have the capacity to intercept everything. A historical analogy could be how people learned that they should wash their hands. That required the germ theory of disease to be established and then popularized, and for paranoia to be instilled about the spread of disease via invisible stuff on your hands that you can't see, just as you can't see mass interception. Once there was enough understanding, soap manufacturers produced products that people consumed to relieve their fear. It's necessary to instill fear in people so they understand the problem before they will create enough demand to solve the problem." - "Creating an electronic currency is a big deal precisely because control over the medium of exchange is one of the three ingredients of a state." "If you take away the state's monopoly over the means of economic interaction, then you take away one of the three principal ingredients of a state. In the model of the state as a mafia, where the state is a protection racket, the state shakes people down for money in every possible way. Controlling currency flows is important for revenue-raising by the state, but it is also important for simply controlling what people do- incentivizing one thing, disincentivizing another thing, completely banning a certain activity, or an organization, or interactions between organizations." "Government regulation has made particular financial players kings and doesn't allow other market entrants. Economic freedom has been impinged by an elite group that is able to influence both regulation and the principles involved in these banks."
Speaking for myself, haircuts and car repairs. XMR Enthusiasts believe in using it as a currency.
en.wikipedia.org/wiki/Cypherpunk >A cypherpunk is any activist[1] advocating widespread use of strong cryptography and privacy-enhancing technologies as a route to social and political change.
Nothing, some hold (an unknowable amount) or XMR as a speculative investment because it's what normies think Bitcoin is.
Also AOC is now trying to tax crypto even further.
Joseph Diaz
If the price were to moon would people still use it as currency?
Jose Robinson
"Why do People want decentralised digital cash" Many reasons to hodl user
Andrew Baker
Absolutely. Bitcoin continued to be used on the DNMs as currency regardless of its price, and XMR is coming for the Darknet.
Jackson Flores
comfy thread. was looking for it earlier.
I think what's going on currently in the US is further proof to be bullish for XMR. Deeming certain business and people as racist/xyz-phoic/etc. They absolutely would love to track who's donating to what and who's buying from who. XMR is perfect for preventing this and being able to send to whoever you want.
>also XMR is perfect for tax evasion in your minecraft server
If you had a minecraft sever where you were able to purchase gold w/ XMR and then sold the gold in a server that upholds that gold is legal currency there would be no questioning.
It depends on if you're going to be constantly making XMR or more of a one off deposit.
Take this shit to threads with real moonboy antics, Elmer. You're like a firefighter spraying his hose on the one house in the neighborhood that's not on fire. XMR community doesn't care much about the price- we're believers in what the tech has to offer society.
I know you guys are kind of snobbish when it comes to price action. But is it reasonable to assume this is more or less the bottom for Monero? planning to Hold a considerable amount for a few years at least and then cash out by buying gold bars ( which isn't taxed in my country , cashing out crypto if you made gains and convert to fiat is taxable like 33% )
Anthony Adams
Nobody can say for sure with crypto. So far Monero is still roughly coupled with BTC, so if the bottom drops on the ~9500 fiat price, Monero's is likely to follow.
I think it's a reasonably safe guess to say that 1) Monero will be worth more in the future than it is now, and 2) as the crypto market matures XMR will be one of many coins whose value decouples from BTC.
Luis Peterson
thnx for your insightfull reply user. Planning to hold longterm and i do understand it's speculation and not a fact that price will rise. Feels like a reasonable bet
Cooper Reed
I sincerely agree. And we apologize for the snobbery, but as a community we feel like it's among the best ways to separate ourselves from the herd of scams and false promises that presently dominate the crypto landscape.
