/biz/ - Business & Finance

>>56362494
Fuck that passivity.
Go sell things on MoneroMerket.io.
Go locally exchange cash-XMR on LocalMonero.co.
Also run monerod+p2pool+xmrig and i2p on your home computer.
To me, that's comfy.

>>51041973
Monero: Sound Money, Safe Mode was good listening. Sticking with silber though because it is an essential tech commodity.

>>29983033
DUBS AND COOM ID

Welcome to the Monero General, dedicated to the discussion of the world's leading decentralized p2p privacy cryptocurrency!

Monero is secure, low-fee, and borderless, 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 (hidden tx amounts) ensure that Monero's blockchain is obfuscated -- 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 Monero user willingly providing a view key for a specific transaction.

Monero has also improved upon the scaling downsides of current popular cryptos. To avoid high fees, dynamic block size ensures that the size of the blocks will increase as the amount of txs 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 of 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 will gradually approach 0.6 XMR in May 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://www.youtube.com/watch?v=aC9Uu5BUxII

OFFICIAL WEBSITE - https://web.getmonero.org

WHERE TO GET MONERO?

>KYC:
Binance
Kraken
Bitfinex

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

>Mining
https://archive.is/TWOah

HOW TO STORE MONERO?

>Desktop
Gui/Cli (recommended)
MyMonero
Exodus
Feather

>Mobile
IOS: Cakewallet
Android: Monerujo

>Mining guide
https://pastebin.com/CKwGCUwc

https://youtu.be/VNfhIY5-63I

>>29270950
I'm drunk as fuck didn't read anything but I'm always buying more monero because low 3-digit XMR is not enough XMR

https://youtu.be/VNfhIY5-63I

>>29082914
>they still don't know about Monero
bullish

>>28922578
Thanks for the content!

how are my XMR chads feeling with this predictable retrace? Seems super bullish that we didn't even touch 200

>>28568846
XMR ID PRAISE KEK

https://youtu.be/VNfhIY5-63I

https://youtu.be/VNfhIY5-63I

>>28008065
those are the btc fees anon.
monero fees are less than a cent.
buy litecoin to swap next time.
>>28008198
The GUI is pretty simple. What were you having difficulty with? If you are having trouble connecting to a node, there are ways to manually connect to a node to improve your connection. You say the process took 20 minutes max, which is exactly in line with the 2 minute block time, so sounds like everything was working.
>>28008398
the cli isn't weak, what are you talking about? It's smooth and rather intuitive.
>>28009053
>the future brings too much complexity around scaling for monero
It's not like Monero's community wouldn't be working all hands on deck to build a second layer solution if second layers were actually usable and not buggy pieces of trash. And another thing you need to consider is the economics/monetary policy of these second layer solution coins.
>>28009921
> and it hasn't happened.
exactly
>>28011642
Monero is all volunteer based so anons around the world would figure out a way to adapt. Everything Monero has accomplished up until this point has used this strategy. Maybe down the line it might become compromised though, so always DYOR.
>BTC, for all its problems, has shown that it can evolve with consensus and so it's considered future-proof.
Monero's decentralized community is the most reminiscent of Bitcoin in the early days. Even their subreddit isn't shit.

>>27325304
why the fuck not? the kikes cant control it

>>27133279
depends on the country, but its muuuuuch cheaper in my shithole