/biz/ - Business & Finance

>>53967899
>nah that's a brainlet take. privacy is important even when it has limitations. also it takes time. like the tooling has to mature, the cryptography needs to be trialed.

Nigga, this is BTC we're talking about, it ain't running no moon math. The deal-breaker here is the transparent blockchain, as long as that is in the mix no privacy guru will EVER give BTC or any of its privacy "solutions" a second glance. And since the chances of Team BTC ditching "muh transparency" are virtually zero, BTC is pretty much history as far as OPSEC-critical markets are concerned. Its over, Johnny.

>monero is from 2015 or something and it getting preferred by DNMs is a recent development. and could be very much temporary.

Monero earned its primacy by virtue of its perfect track record in the face of sustained glowie probing and de-anonymization attacks, there's a reason its recognized as the world's most battle-tested privacy coin.

And if that ever changes, yeah, XMR will get shitcanned just like BTC was.

>>53788829
Can we stop with this shit, please keep this shit to the general. Actually, don't, moonfagging isn't acceptable anywhere.

>>53788836
You say this every time with no actual reason why. Monero is used by the darknet, good enough for me.

>>51442239
>a secure place to hold my money other than a bank.
good thinking. your keys, your coin.
>How likely is it that I can get away with tax fraud?
depends on opsec, which xmr helps with.

>>51442239
pay your taxes goy

>>51271670
xmr solves the long standing privacy issues that plagues other cryptos. You are ensured that the tax guys can't blacklist your coins, due to clever math.
Tail emissions separates fees from mining rewards. Users get cheap fees for sending, while miners know at a minimum what they will get for mining a block.
RandomX hashing keeps corpo mining rigs & farms from using ASICs or FPGAs to centralize mining. Decentralization keeps the WEF comped political class from attacking us using regulations or war.