XMR Daily General - Waifu Edition

No Monero thread? Problem solved. After all, it’s the only real cryptocurrency. What self-respecting cypher punk keeps their funds on a public ledger?

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Based Monero-chad

No rich lists, no transaction history associated with particular funds, no centralization via ASICs, no community rifts, no self-serving developers, no pre-mine, and no unsustainable post-block-reward fantasy land. It’s unironically /our coin/

>inb4 Linkies say Link is /our coin/

Link is /our token/ you uncultured swine.

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The regulatory compliance white paper is coming. Major listings on reputable exchanges will follow. Atomic swaps from BTC to XMR have been proven possible and will be implemented soon. Why haven’t you bought Monero, Anons?

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Why waste time chasing gains for Fiat when you could be accumulating actual digital cash with fixed nominal inflation (not percentage). Monero is the way. Become orangepilled today.

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Time is running out. This bull run might be your last chance to own a stack of XMR. Will you be stuck on the dilapidated public ledger bus or will you join the real world of private digital cash?

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What are your thoughts on private layer 2 solutions like lightning and raiden? Also when will monero be lightning ready?

Everything else has been a distraction. ETH is a platform for cash grabs and scams, BTC is a surveillance coin, LINK is vaporwave (until it can find a reputable use outside of DeFi scams), and every other cryptocurrency is a cheap imitation of already outdated coins (BTC, ETH). Buy the only real coin on the market and actually use it as digital cash, Anons.

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If cryptocurrency depends on the use of blockchain to validate its existence, relying on anything off-chain defeats the purpose of cryptocurrency. BTC is already a centralized coin and lightning network will compound its centralization problem. Just look at the hashrate issues in Yangtze Basin.

I disagree, lightning network is completely private and fixes scalability. There is a lot of money in bitcoin atm that could go to monero if it was lightning ready. The reason I say this i because of XSN. Since they have tor integration and no kyc, if monero was lightning ready you could trade between them instantly on a secure platform.

Don't get me wrong I think monero is great, I honestly don't like the tracking aspect of bitcoin, the only issue is that it's hard to buy monero discreetly.

imagine buying this outdated bloated hardly private piece of trash unironically

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>fixes scalability
I can’t argue with that because its existence is predicated on their being a scalability issue

>completely private
Impossible to determine. Not every node can be trusted.

These problems exist because lightning network is a centralized system that facilitates transactions on a “need to know” basis amongst the sender, recipient, and the node. The issue lies in the fact that the middleman is not defined and can be anyone. A regulatory entity could set up nodes and identify payments, origins, and destinations.

XMR has view keys that provide confidentiality that is controlled by the transacting party only.

I’m a crypto Darwinist so may the best coin win

I don't really know much about the tech of lightning. I do hope monero becomes compatible though, since I will then be able to swap my xsn to it whenever I require.

As do I. The obscene amount of coin mixing services leads me to believe that there are a lot of funds that wish they could be blackholed into XMR’s ecosystem without having to move through an exchange.

That's the thing, if monero was lightning compatible (I know they are starting to work on lightning invoices (how true is this?)) then having a lighting/raiden non-kyc DEX would allow anyone to hide their assets fairly easily disregarding the privacy of layer 2.

But yeah I am fairly interested in monero however I find it a bit annoying that ledger doesn't fully support it since I prefer to store my coins on hardware.

dead glowing coin. literally gonna get flipped by zcash since it's incapable of increasing its mcap at all.

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Where have you been the last 5 months? XSN has gone from sub 5million marketcap to 50million.

At that point, why leave XMR? Other coins simply become unincriminating on-ramps for cold, hard, and untraceable digital cash. Their ecosystems will be redundant unless they offer some novel utility beyond a medium of exchange.

>shilling zcash
>accusing monero of being a glow coin
nobody even uses your shitcoin's privacy features lmfao

I would still keep most of my coins in other projects mainly due to the potential growth. Monero is hard to say on how much it's going to grow. For example how much of the monero community uses it as an investment to make money or to hide their wealth?

How good is monero to say, If I were to transfer my bitcoin to monero and then back to bitcoin to 'reset' my wallets so no one knows its mine?


Oh shit I thought I was in another thread my bad.

Zcash isnt even private, i dont understand how people can't do their own research.

Moving to and from BTC is possible, but I’m warning you about the hard cap causing a meltdown in BTC. Network fees will not be able to sustain miners and the PoW system will collapse. It is unlikely that the community will be able to come to a consensus on how to proceed when that day comes. Nominal inflation is the only way to have a sustainable, de facto deflationary asset. Remember, 0.3 XMR per block will infinitely approach 0% inflation as the supply increases. It is a more robust “deflationary investment” than BTC.

zcash is private and it's also a shitcoin, the point being no one cares about either of you. stop polluting the catalog with these dumb threads. all you jews want is to cheat white man out of his coin, ENOUGH.

Correction: 0.6 XMR per block but my point stands.

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Triggered Bitcoin Corecuck detected

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Can't lightning network fees help miners stay in or nah?

Monero is easily the one true king of privacy.
Where did all the ghost shills go? I thought ghost was gonna flip Monero?