This daily general is for supporters of the cypherpunk ideology to hang out and help noobies learn about Monero, the most fungible cryptocurrency. A cypherpunk is any activist advocating widespread use of strong cryptography and privacy-enhancing technologies as a route to social and political change.
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.
can you make an prediction where monero will be the next 5 years for each year. hodling doesnt seem a good strategy. hodling btc and whenever monero is needed just swap it for it.
Hudson Campbell
monero animoo girl is fucking hoooooooooot
pic related is the btc supply/inflation and the xmr/supply inflation. XMR will be more scarce for a few years to come. then it will be for the most part equally scarce during tail emission.
the thing about this argument is that you confirm that Monero has a unique use case (privacy). This use case will lead to Monero controlling the dark net within the next two years, and from there many other use cases will emerge. Also, why isn't holding a good strategy? What was Monero's price 5 years ago?
Alexander Campbell
I was thinking the other day about how Governments could best track Monero and then it hit me. The best thing Governments could do is tolerate its usage and set up KYC fiat gateways (honey pots) like Coinbase to buy/sell XMR. At the moment they are 100% in the dark as to the names and locations of people holding XMR. With fiat gateways opened up they would still be blind however the fiat gateway could work as the same way that a seeing eye dog does. They would start to be able to build a picture who is buying / selling Monero and using this data they could work from that as a starting point. Rather than just outright ban it, which could never work and would just end up the same way that the war on drugs did. I wouldn't be surprised to see an XMR coinbase listing in the near future. If it does appear It's probably a honey pot
Angel Miller
you can use xmr completely compliant to any law you know, there are (one time)viewkeys and such. Either way the way xmr is designed and set up in this market it will become the store of value bitcoin wanted to be over time anyway.
>They would start to be able to build a picture who is buying / selling Monero and using this data they could work from that as a starting point. Wrong. Once you transfer Monero off of an exchange the feds would have no way of knowing when you spend your monero, how much monero you spend, and where you send it to. This is one advantage Monero has over surveillance coins, because you can provide KYC info and have peace of mind knowing the feds can't track your Monero once you transfer it to your private wallet. That being said, if the feds wanted to be aggressive they could go knocking on doors of every person who used KYC and purchased Monero, but that would be an insane waste of resources which would amount to nothing (i.e. they would need proof of illegal purchases and warrants...no chance of this happening unless you are a major target in an investigation).
I am new to crypto. But I love the idea of crypto. It's a shame I cannot buy 1 whole one just now. But hopefully some time in the future. I think I will go with 40/40/20 btc/monero/link ... the link and monero could change tho. Depending on the more I read and which one I lean more toward.
based. if you have any questions feel free to ask.
Jose Long
BTC ETH XMR LINK are good picks user
Grayson Turner
> Compliant with the law?
You can't see the spend unless you release the Private Key.
If you send some amount to someone and send it back, the amount will be counted 2 times instead of one, because without the private key you can't deduce the amount spent. (Enjoy your double taxes)
Dylan Hall
diude your an idiot. monero has view keys. also I'm not american, only the u.s.a has retarded crypto laws to make sure you hold dollars and stay poor/working due to inflation.
Isaiah Carter
Really glad this has become a regular thread. If XMR takes off, govt taxation is at best voluntary.
Aaron White
Are you saying this applies even when using View keys?
Leo Williams
no hes just dumb and doesn't know what a view key is, he thinks its a private key lmao.
Bentley Price
>If you send some amount to someone and send it back what?
Alexander Long
But they will have a list of individuals that purchased Monero (adding them to a list of suspects). It serves as a dragnet. Monero listing in next two years. Screenshot this.
Aaron Nelson
It will probably be a “show your view key to prove taxpayer status” in order to receive public services. Voluntold at best. It would still make living Inna Woods viable though.
Josiah Russell
why would they be suspects? There are literally 12k transactions every day. The feds have no means of tracking any of them. >It serves as a dragnet No, it protects against the already existing dragnet by creating a large user set due to Monero's fungibility. Also Monero is already listed on Binance and Kraken, it's not like it is hard to get or anything.
im doing it cause it has many good effects for me. one of them is that I get more lucid dreams which is pretty nice also reality works in my favor when I don't spank the monkey. I also think about how it would be for ghosts and spirits to see a human beating his meat infront of a computer. or I imagine how disgusting it would be if I would see my dad or some other relative wanking infront of a computer screen. its absolutely pathetic.
So I'm celibate until my next gf. I've also gotten a gf twice after a 2 or 3 month streak. it just has a good effect on everythign I do. if I wank I have less energy for other things. When I get an urge ( it happens when im sitting infront of a computer only ) I usually go outside and work in the garden or I workout or do something else and I can always go super hard at that thing then and make big gains. its nice. wanking keeps you dumb and enslaved. when I don't wank I go outside more.
the jews broadcast porn in palestine for a reason. people that wank are weak
