Welcome to XMR General, dedicated to the discussion of the world's leading privacy-coin! Because Monero is secure, low-fee, and borderless, people can easily send money despite corrupt and broken governments or banks. This provides economic empowerment of individuals in oppressive countries or depressed economies. Private financial history protects consumers and companies from price manipulation, supply chain exploitation, economic discrimination, or the like. Monero is the only cryptocurrency that has the features to serve as completely fungible, decentralized, electronic cash. If you're new, feel free to ask any questions you like and a Monero Chad will be with you shortly.
FAQ >Why doesn't Monero pump? Recency bias. Monero pumped in September and October when nothing else was pumping, and during the Bitcoin rally it has held its USD value. Currently the Bitcoin ratio is highly undervalued and is due for an appreciation, so now is the time to accumulate. There is also reason to believe that price suppression may be ongoing, and if true, would indicate that a sharp upward correction is likely in the future. >What is the best way to get Monero without KYC? - Local Monero is a service to directly connect you with people selling Monero. Otherwise, you will need to buy Bitcoin and then move that Bitcoin through a medium without kyc, such as a coinswap service (morphtoken), a centralized exchange (kucoin, tradogre), or a p2p application (Bisq). If you are confused about this and need help, a Monero chad can walk you through the steps. >I just read _____ that says Monero can be traced. Is it over? No. Monero can not be directly traced. To date, there has never been a directly traced Monero transaction. What could realistically happen is an adversary can pick up metadata that a Monero user may unknowingly leak when doing a transation. For example, If you purchase Monero on a KYC exchange and then transfer off of an exchange, the metadata that the KYC exchange would store is the date and time you sent Monero, the amount of Monero you sent, the Monero address you sent Monero to, and the IP address that you are logged in. Monero does not prevent metadata, so be aware of this.
