/biz/ - Business & Finance

>>56448249
>Monero has been pissing sats for a solid year and muh "the price doesn't matter" isn't an excuse.

Only moonfags obsess about the price. Monero extremists obsess about adoption and making glowies seethe.

Kill yourself ASAP.

>>55283447
>The fed money printer, growing adoption among institutions, states fighting over a slice of the global hashrate, the unbanked, people subject to high inflation, power plants looking to subsidize excess electricity production, you name it.

lol you forgot to add "and there's *nothing* the State can do to prevent any of this!"

>But it's not coming from some libertarian wannabes cackling over the ability to buy drugs and child porn.

The fact that you're readily able to buy drugs and child porn on the black market tells you something about how immune the black market is to State interference.

>>55176435
>Pretty simple, bitcoin is accepted by all the major financial institutions and has plenty of on/off ramps for fiat to flow into it,

"the government lets me have this, I sure hope it stays that way!"


>monero is designed to have zero accountability

"I don't need the government's permission, lets violate some more OFAC sanctions for the lolz"


>Monero chuds won't admit this but having a completely untraceable currency doesn't work for globohomo inc. and for that reason it will never be as big as bitcoin.

lol a truly censorship-resistant payment system that enables routine violation of sanctions will never be acceptable to the State.

So the only way to stay in Uncle Sam's good books is to sacrifice censorship resistance. Really makes you think.

>>55075116
>Monero is a shitcoin

It's 2023, anon, ain't nobody buying that shit anymore lol

>>54762918

What anonymity set?

>>54713477

Meme War? Who wins?

>>54702775
>It's literally not good for anything but deceiving retarded shitcoiners into thinking simply buying Monero on Kraken gives them magic privacy.

>I'm not wrong, the market is wrong

Welcome to the Monero General, dedicated to the discussion of the world's leading decentralized P2P privacy cryptocurrency!

Monero is secure, low-fee, and fungible, meaning users can send XMR around the globe despite corrupt governments or broken financial systems. Innovative privacy features such as Ring Signatures, Stealth Addresses, and Ring CT ensure that Monero's blockchain is obfuscated -- In other words, the financial history of all Monero users is encrypted from the prying eyes of adversaries on a public blockchain, with transactions being visible only by a user willingly providing a view key.

Monero has also improved upon the scaling downsides of current popular cryptocurrencies. To avoid high fees, dynamic block size ensures that the size of the blocks will increase as the amount of transactions increases. Further, the mining network algorithm RandomX establishes that anybody with a CPU can participate in mining, preventing the ASIC miner domination that creates a high barrier to entry. Lastly, the mining network will be preserved by Tail Emission -- instead of the block reward falling to zero like with Bitcoin, the block reward gradually approached 0.6 XMR in June 2022, where it will forever stay. This constant linear inflation means the inflation rate will asymptotically go to zero while continuing to provide an incentive to miners to maintain the network.

If you still have questions, feel free to ask and a MoneroChad will be with you shortly.

XMR Redpill: https://yewtu.be/wq6w03E2DS4

XMR Stats: moneroj.net

USE Monero: https://cryptwerk.com/pay-with/xmr/

OFFICIAL WEBSITE - getmonero.org

WHERE TO GET MONERO?

>KYC:
Kraken
Binance
Bitfinex

>Non KYC:
LocalMonero
Morphtoken
Bisq
Kucoin
Tradeogre
Crypto ATMs
see: kycnot.me

>Mining
archive.is/TWOah

HOW TO STORE MONERO?

>Desktop
Official Gui/Cli
Feather

>Mobile
IOS: Cakewallet
Android: Monerujo